Tetra Tech (NASDAQ:TTEK) Sets New 1-Year High After Earnings Beat

Tetra Tech, Inc. (NASDAQ:TTEK)’s stock price reached a new 52-week high during mid-day trading on Thursday following a better than expected earnings announcement. The stock traded as high as $39.10 and last traded at $39.5670, with a volume of 328 shares changing hands. The stock had previously closed at $37.10.

The industrial products company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.04. The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $974.28 million. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. Tetra Tech’s revenue was down 13.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.35 earnings per share. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS.

Tetra Tech Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Thursday, February 12th will be paid a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, February 12th. Tetra Tech’s dividend payout ratio is 19.55%.

Trending Headlines about Tetra Tech

Here are the key news stories impacting Tetra Tech this week:

• Positive Sentiment: Q1 beat and guidance raise — Tetra Tech reported $0.35 EPS (vs. ~$0.31 est.) and $1.21B revenue, and raised FY26 net‑revenue and EPS guidance, signaling better-than-expected margins and near-term demand that drove bullish reactions after the print. Tetra Tech Reports Strong First Quarter 2026 Results and Raises Fiscal Year 2026 Guidance
• Positive Sentiment: Dividend increase — the company raised its quarterly dividend ~12% to $0.065/share, a sign of cash return to shareholders that can support investor sentiment. Tetra Tech raises quarterly dividend 12% to $0.065 per share
• Neutral Sentiment: Full call and transcripts available — management provided color in the earnings call/slide deck (useful for modelers and active investors evaluating backlog and segment trends). Tetra Tech (TTEK) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Analyst caution on backlog and federal exposure — Maxim Group reiterated a Hold, pointing to a declining backlog and concentrated exposure to federal work (which can be lumpy and budget‑driven), tempering enthusiasm despite the strong execution. Tetra Tech: Strong Execution and Shareholder Returns Offset by Backlog Decline and Federal Exposure, Justifying Hold Rating
• Negative Sentiment: Underlying revenue weakness — while revenue beat on the quarter, net revenue was down year-over-year (~13% decline reported) and Q2 guidance ranges are close to consensus, leaving questions about sustained top-line recovery. Tetra Tech (TTEK) Surpasses Q1 Earnings and Revenue Estimates

Wall Street Analyst Weigh In

Several research firms recently issued reports on TTEK. Robert W. Baird set a $43.00 target price on Tetra Tech in a research note on Thursday. Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target on the stock in a research report on Thursday, November 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $48.00 target price (up from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Finally, National Bank Financial started coverage on shares of Tetra Tech in a research report on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price target for the company. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $42.60.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Bfsg LLC purchased a new stake in Tetra Tech during the third quarter worth approximately $25,000. Financial Consulate Inc. acquired a new stake in Tetra Tech during the third quarter worth approximately $26,000. Root Financial Partners LLC purchased a new stake in shares of Tetra Tech during the 3rd quarter worth approximately $30,000. First Horizon Corp boosted its holdings in shares of Tetra Tech by 50.4% in the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 295 shares in the last quarter. Finally, MAI Capital Management boosted its holdings in shares of Tetra Tech by 68.1% in the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock valued at $31,000 after buying an additional 344 shares in the last quarter. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Tetra Tech Price Performance

The stock’s 50-day moving average is $35.13 and its 200 day moving average is $35.17. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.18 and a current ratio of 1.31. The stock has a market capitalization of $9.84 billion, a PE ratio of 28.32 and a beta of 0.90.

Tetra Tech Company 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.