Tetra Tech, Inc. (NASDAQ:TTEK) Receives Average Recommendation of “Moderate Buy” from Brokerages

Tetra Tech, Inc. (NASDAQ:TTEKGet Free Report) has earned an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $42.60.

Several research firms have weighed in on TTEK. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Robert W. Baird set a $43.00 price objective on Tetra Tech in a research note on Thursday, January 29th.

View Our Latest Research Report on TTEK

Tetra Tech Trading Up 1.4%

TTEK stock opened at $31.66 on Wednesday. The company has a market capitalization of $8.26 billion, a PE ratio of 23.80 and a beta of 0.90. Tetra Tech has a one year low of $27.27 and a one year high of $43.14. The company’s 50 day moving average price is $35.95 and its two-hundred day moving average price is $34.80. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.31 and a current ratio of 1.31.

Tetra Tech (NASDAQ:TTEKGet Free Report) last announced its quarterly earnings data 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 firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $974.28 million. During the same period in the previous year, the business posted $0.35 EPS. The business’s quarterly revenue was down 13.4% on a year-over-year basis. 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, analysts predict that Tetra Tech will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were issued a dividend of $0.065 per share. The ex-dividend date was Thursday, February 12th. This represents a $0.26 annualized dividend and a yield of 0.8%. Tetra Tech’s dividend payout ratio is currently 19.55%.

Insider Transactions at Tetra Tech

In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of Tetra Tech stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $40.23, for a total value of $401,455.17. Following the transaction, the senior vice president directly owned 46,496 shares of the company’s stock, valued at $1,870,534.08. The trade was a 17.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.49% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TTEK. Capital International Investors raised its holdings in Tetra Tech by 27.4% during the 4th quarter. Capital International Investors now owns 9,016,577 shares of the industrial products company’s stock valued at $302,416,000 after buying an additional 1,936,902 shares during the last quarter. Sands Capital Management LLC grew its holdings in Tetra Tech by 38.0% in the 3rd quarter. Sands Capital Management LLC now owns 7,179,032 shares of the industrial products company’s stock worth $239,636,000 after acquiring an additional 1,978,697 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Tetra Tech by 12.0% in the third quarter. Alliancebernstein L.P. now owns 6,581,244 shares of the industrial products company’s stock valued at $219,682,000 after acquiring an additional 705,673 shares during the period. Geode Capital Management LLC raised its stake in shares of Tetra Tech by 1.0% during the fourth 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. Finally, Corient Private Wealth LLC raised its stake in shares of Tetra Tech by 84.9% during the second quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after acquiring an additional 1,847,087 shares during the last quarter. Institutional investors own 93.89% of the company’s stock.

Tetra Tech Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Tetra Tech (NASDAQ:TTEK)

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