Value Holdings Management CO. LLC Invests $26.21 Million in Tetra Tech, Inc. $TTEK

Value Holdings Management CO. LLC bought a new stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 907,325 shares of the industrial products company’s stock, valued at approximately $26,212,000. Tetra Tech makes up about 4.4% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 10th biggest position.

Several other large investors have also recently made changes to their positions in TTEK. First Horizon Corp grew its position in Tetra Tech by 50.4% during the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 295 shares during the period. CIBC Private Wealth Group LLC increased its holdings in 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 buying 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 worth about $34,000. Evelyn Partners Investment Management Services Ltd purchased a new stake in shares of Tetra Tech during the 1st quarter worth about $35,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Tetra Tech by 136.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 751 shares in the last quarter. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Tetra Tech Stock Down 0.1%

Shares of TTEK opened at $36.57 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18. Tetra Tech, Inc. has a one year low of $25.81 and a one year high of $43.14. The stock has a market capitalization of $9.36 billion, a price-to-earnings ratio of 22.03 and a beta of 0.90. The stock has a 50 day moving average price of $31.68 and a 200 day moving average price of $31.88.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.40 by $0.02. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.08 billion. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%.The firm’s revenue was down 4.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.43 EPS. 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. Equities research analysts forecast that Tetra Tech, Inc. will post 1.58 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a $0.072 dividend. This represents a $0.29 annualized dividend and a dividend 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%.

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.