Copeland Capital Management LLC Has $11.02 Million Stake in Tetra Tech, Inc. $TTEK

Copeland Capital Management LLC trimmed its holdings in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 78.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 365,884 shares of the industrial products company’s stock after selling 1,297,206 shares during the period. Copeland Capital Management LLC’s holdings in Tetra Tech were worth $11,020,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Capital International Investors boosted its stake in Tetra Tech by 27.4% in the fourth quarter. Capital International Investors now owns 9,016,577 shares of the industrial products company’s stock valued at $302,416,000 after acquiring an additional 1,936,902 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Tetra Tech by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 5,082,342 shares of the industrial products company’s stock valued at $170,496,000 after acquiring an additional 52,375 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of Tetra Tech by 84.9% in the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after purchasing an additional 1,847,087 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Tetra Tech by 2.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,676,680 shares of the industrial products company’s stock valued at $123,322,000 after purchasing an additional 83,419 shares during the period. Finally, Norges Bank bought a new position in shares of Tetra Tech in the 4th quarter worth $115,162,000. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Tetra Tech Trading Down 1.4%

Shares of NASDAQ TTEK opened at $31.59 on Friday. Tetra Tech, Inc. has a twelve month low of $25.81 and a twelve month high of $43.14. The stock has a market cap of $8.20 billion, a price-to-earnings ratio of 18.92 and a beta of 0.92. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.47. The company’s fifty day moving average is $28.61 and its 200-day moving average is $32.23.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The firm’s quarterly revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 EPS. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. Equities research analysts predict that Tetra Tech, Inc. will post 1.54 EPS for the current year.

Tetra Tech Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 14th were issued a $0.072 dividend. This represents a $0.29 annualized dividend and a dividend yield of 0.9%. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date was Thursday, May 14th. Tetra Tech’s dividend payout ratio is currently 17.37%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Robert W. Baird set a $35.00 price objective on Tetra Tech in a research note on Thursday, April 30th. Weiss Ratings lowered Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Wall Street Zen cut Tetra Tech from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Finally, National Bank Financial decreased their target price on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a research report on Monday, July 13th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Tetra Tech presently has an average rating of “Moderate Buy” and an average price target of $39.80.

Insider Activity

In other Tetra Tech news, Director Jeffrey R. Feeler purchased 1,900 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were bought at an average price of $26.41 per share, with a total value of $50,179.00. Following the completion of the transaction, the director directly owned 1,900 shares in the company, valued at $50,179. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.49% of the stock is owned by company insiders.

Tetra Tech Profile

Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech’s multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company’s core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.