SFE Investment Counsel Invests $5.11 Million in Tetra Tech, Inc. $TTEK

SFE Investment Counsel bought a new stake in Tetra Tech, Inc. (NASDAQ:TTEK) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 176,857 shares of the industrial products company’s stock, valued at approximately $5,109,000. SFE Investment Counsel owned 0.07% of Tetra Tech as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the company. First Horizon Corp lifted its position in shares of Tetra Tech by 50.4% in the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 295 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of Tetra Tech by 63.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 341 shares in the last quarter. OP Asset Management Ltd acquired a new position in shares of Tetra Tech in the first quarter valued at $34,000. Evelyn Partners Investment Management Services Ltd bought a new position in Tetra Tech in the first quarter worth $35,000. Finally, Geneos Wealth Management Inc. lifted its position in Tetra Tech by 136.1% in 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 during the period. 93.89% of the stock is owned by institutional investors and hedge funds.

Tetra Tech Stock Performance

Shares of NASDAQ:TTEK opened at $36.51 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18. The business’s fifty day moving average price is $31.01 and its two-hundred day moving average price is $31.95. Tetra Tech, Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The stock has a market capitalization of $9.35 billion, a price-to-earnings ratio of 21.99 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%.The company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the business earned $0.43 earnings per share. The business’s revenue was down 4.4% on a year-over-year basis. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. As a group, analysts predict that Tetra Tech, Inc. will post 1.58 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be issued a dividend of $0.072 per share. This represents a $0.29 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 13th. Tetra Tech’s dividend payout ratio (DPR) is currently 17.47%.

Wall Street Analyst Weigh In

TTEK has been the topic of several analyst reports. Robert W. Baird set a $37.00 price target on shares of Tetra Tech in a report on Thursday, July 30th. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. National Bank Financial decreased their target price on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Royal Bank Of Canada lowered their target price on shares of Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Finally, Weiss Ratings raised shares of Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.25.

Tetra Tech Company 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.