Tetra Tech, Inc. $TTEK Shares Purchased by Future Fund LLC

Future Fund LLC increased its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 110.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 88,812 shares of the industrial products company’s stock after acquiring an additional 46,588 shares during the period. Tetra Tech makes up approximately 1.0% of Future Fund LLC’s holdings, making the stock its 24th largest holding. Future Fund LLC’s holdings in Tetra Tech were worth $2,979,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital International Inc. CA acquired a new position in Tetra Tech during the 3rd quarter worth approximately $2,067,000. Impax Asset Management Group plc acquired a new position in Tetra Tech during the 4th quarter worth approximately $107,603,000. LGT Group Foundation lifted its position in Tetra Tech by 6.3% during the 3rd quarter. LGT Group Foundation now owns 2,978,570 shares of the industrial products company’s stock worth $98,859,000 after acquiring an additional 176,302 shares in the last quarter. Capital International Investors increased its holdings in Tetra Tech by 249.1% during the 3rd quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock worth $236,320,000 after purchasing an additional 5,051,485 shares during the last quarter. Finally, Tudor Investment Corp ET AL increased its holdings in Tetra Tech by 585.1% during the 3rd quarter. Tudor Investment Corp ET AL now owns 64,401 shares of the industrial products company’s stock worth $2,150,000 after purchasing an additional 55,001 shares during the last quarter. 93.89% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Tetra Tech Price Performance

Shares of NASDAQ TTEK opened at $27.49 on Friday. Tetra Tech, Inc. has a twelve month low of $25.81 and a twelve month high of $43.14. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $7.13 billion, a price-to-earnings ratio of 16.46 and a beta of 1.00. The business has a 50 day simple moving average of $30.03 and a 200-day simple moving average of $33.53.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1 billion. During the same period in the previous year, the business earned $0.33 EPS. The business’s quarterly revenue 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. As a group, equities research analysts expect that Tetra Tech, Inc. will post 1.53 earnings per share for the current year.

Tetra Tech Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th will be issued a $0.072 dividend. This is a positive change from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date is Thursday, May 14th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.0%. Tetra Tech’s dividend payout ratio (DPR) is presently 17.37%.

Insider Buying and Selling at Tetra Tech

In other news, Director Jeffrey R. Feeler purchased 1,900 shares of the stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of $26.41 per share, for a total transaction of $50,179.00. Following the acquisition, 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 acquisition was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.49% of the company’s stock.

Tetra Tech 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.