Tetra Tech (NASDAQ:TTEK) Director Jeffrey Feeler Buys 1,900 Shares

Tetra Tech, Inc. (NASDAQ:TTEK) Director Jeffrey Feeler bought 1,900 shares of the company’s stock in a transaction on 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 owned 1,900 shares of the company’s stock, valued at $50,179. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Tetra Tech Trading Down 0.1%

Shares of Tetra Tech stock opened at $26.18 on Friday. Tetra Tech, Inc. has a 1 year low of $25.81 and a 1 year high of $43.14. The firm has a market cap of $6.79 billion, a PE ratio of 15.68 and a beta of 1.00. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.25. The company has a 50 day simple moving average of $31.16 and a two-hundred day simple moving average of $33.86.

Tetra Tech (NASDAQ:TTEK) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1 billion. During the same period in the previous year, the business posted $0.33 earnings per share. Tetra Tech’s revenue for the quarter was down 7.7% on a year-over-year basis. 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. Analysts expect that Tetra Tech, Inc. will post 1.53 earnings per share for the current fiscal year.

Tetra Tech Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 14th will be given a dividend of $0.072 per share. The ex-dividend date is Thursday, May 14th. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 annualized dividend and a yield of 1.1%. Tetra Tech’s dividend payout ratio (DPR) is presently 17.37%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on TTEK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research report on Monday, April 20th. Robert W. Baird set a $35.00 target price on shares of Tetra Tech in a research report on Thursday, April 30th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $41.00.

Institutional Investors Weigh In On Tetra Tech

A number of hedge funds have recently made changes to their positions in TTEK. Capital International Investors lifted its holdings in shares of Tetra Tech by 249.1% in the 3rd quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock worth $236,320,000 after acquiring an additional 5,051,485 shares during the last quarter. Norges Bank bought a new stake in shares of Tetra Tech in the 4th quarter worth approximately $115,162,000. Impax Asset Management Group plc bought a new stake in shares of Tetra Tech in the 4th quarter worth approximately $107,603,000. AQR Capital Management LLC lifted its holdings in shares of Tetra Tech by 351.6% in the 4th quarter. AQR Capital Management LLC now owns 2,875,372 shares of the industrial products company’s stock worth $96,440,000 after acquiring an additional 2,238,721 shares during the last quarter. Finally, Sands Capital Management LLC lifted its holdings in shares of 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. 93.89% of the stock is currently owned by institutional investors.

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.