Hillsdale Investment Management Inc. Buys New Stake in Tetra Tech, Inc. $TTEK

Hillsdale Investment Management Inc. purchased a new stake in Tetra Tech, Inc. (NASDAQ:TTEK) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 27,400 shares of the industrial products company’s stock, valued at approximately $915,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC acquired a new stake in shares of Tetra Tech during the 4th quarter worth about $225,000. AQR Capital Management LLC boosted its holdings in Tetra Tech by 451.6% in the first quarter. AQR Capital Management LLC now owns 145,077 shares of the industrial products company’s stock valued at $4,204,000 after purchasing an additional 118,774 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Tetra Tech by 136.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock valued at $48,507,000 after purchasing an additional 957,050 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in Tetra Tech by 136.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 751 shares in the last quarter. Finally, CWM LLC lifted its position in shares of Tetra Tech by 28.6% during the 2nd quarter. CWM LLC now owns 5,678 shares of the industrial products company’s stock worth $204,000 after buying an additional 1,264 shares during the last quarter. 93.89% of the stock is owned by institutional investors and hedge funds.

Tetra Tech Price Performance

TTEK stock opened at $33.54 on Tuesday. The stock’s 50 day moving average is $36.40 and its two-hundred day moving average is $35.23. Tetra Tech, Inc. has a 52-week low of $27.27 and a 52-week high of $43.14. The company has a market capitalization of $8.75 billion, a PE ratio of 25.22 and a beta of 0.91. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.45.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $974.28 million. During the same quarter last year, the company earned $0.35 earnings per share. The business’s quarterly revenue was down 13.4% compared to the same quarter last year. 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. Analysts predict that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 12th will be given a $0.065 dividend. The ex-dividend date is Thursday, February 12th. This represents a $0.26 annualized dividend and a dividend yield of 0.8%. Tetra Tech’s dividend payout ratio (DPR) is presently 19.55%.

Insider Buying and Selling at Tetra Tech

In related news, SVP Brian N. Carter sold 9,979 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $40.23, for a total transaction of $401,455.17. Following the sale, the senior vice president directly owned 46,496 shares of the company’s stock, valued at approximately $1,870,534.08. This represents a 17.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TTEK. Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a research report on Thursday, November 13th. Robert W. Baird set a $43.00 price objective on Tetra Tech in a report on Thursday, January 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $48.00 price target (up previously from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Tetra Tech presently has a consensus rating of “Moderate Buy” and an average price target of $42.60.

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.