Tetra Tech, Inc. (NASDAQ:TTEK) Receives $42.60 Average PT from Analysts

Tetra Tech, Inc. (NASDAQ:TTEK) has received an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $42.60.

TTEK has been the topic of several analyst reports. Robert W. Baird set a $43.00 price objective on shares of Tetra Tech in a report on Thursday, January 29th. Northcoast Research raised Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Thursday, November 13th. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a research note on Sunday, November 23rd. Royal Bank Of Canada reissued an “outperform” rating and issued a $48.00 target price (up previously from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st.

Tetra Tech Trading Up 1.9%

Shares of TTEK opened at $42.09 on Tuesday. The stock’s fifty day simple moving average is $35.85 and its 200-day simple moving average is $35.23. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $10.98 billion, a PE ratio of 31.65 and a beta of 0.91. Tetra Tech has a 12-month low of $27.27 and a 12-month high of $42.33.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.04. The firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $974.28 million. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The company’s quarterly revenue was down 13.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.35 EPS. 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. As a group, research analysts predict that Tetra Tech will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Thursday, February 12th will be issued a dividend of $0.065 per share. The ex-dividend date is Thursday, February 12th. This represents a $0.26 dividend on an annualized basis and a yield of 0.6%. Tetra Tech’s payout ratio is currently 19.55%.

Insider Buying and Selling

In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total value of $401,455.17. Following the sale, the senior vice president directly owned 46,496 shares in the company, valued at approximately $1,870,534.08. This trade represents a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.49% of the company’s stock.

Institutional Trading of Tetra Tech

Large investors have recently made changes to their positions in the company. Ninety One UK Ltd lifted its stake in Tetra Tech by 2.8% in the third quarter. Ninety One UK Ltd now owns 2,870,244 shares of the industrial products company’s stock valued at $95,809,000 after acquiring an additional 78,332 shares during the last quarter. King Luther Capital Management Corp increased its stake in shares of Tetra Tech by 6.8% during the 2nd quarter. King Luther Capital Management Corp now owns 1,643,157 shares of the industrial products company’s stock worth $59,088,000 after purchasing an additional 105,286 shares during the last quarter. LBP AM SA raised its holdings in shares of Tetra Tech by 68.4% in the 3rd quarter. LBP AM SA now owns 345,230 shares of the industrial products company’s stock valued at $11,524,000 after purchasing an additional 140,219 shares during the period. Bessemer Group Inc. lifted its stake in Tetra Tech by 24.5% in the 2nd quarter. Bessemer Group Inc. now owns 970,018 shares of the industrial products company’s stock valued at $34,881,000 after purchasing an additional 190,995 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its holdings in Tetra Tech by 218.6% during the second quarter. Quadrant Capital Group LLC now owns 25,030 shares of the industrial products company’s stock worth $900,000 after purchasing an additional 17,174 shares during the period. Institutional investors own 93.89% of the company’s stock.

About Tetra Tech

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.