Syon Capital LLC Has $454,000 Stake in Tetra Tech, Inc. $TTEK

Syon Capital LLC trimmed its position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 51.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 15,699 shares of the industrial products company’s stock after selling 16,807 shares during the quarter. Syon Capital LLC’s holdings in Tetra Tech were worth $454,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio purchased a new position in shares of Tetra Tech during the second quarter valued at $2,226,000. Systematic Financial Management LP lifted its stake in Tetra Tech by 56.5% in the 4th quarter. Systematic Financial Management LP now owns 286,772 shares of the industrial products company’s stock worth $9,618,000 after acquiring an additional 103,582 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in Tetra Tech by 8.1% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 992,633 shares of the industrial products company’s stock worth $33,293,000 after acquiring an additional 74,530 shares in the last quarter. Nicola Wealth Management LTD. acquired a new stake in Tetra Tech during the 4th quarter worth about $12,242,000. Finally, Handelsbanken Fonder AB boosted its position in Tetra Tech by 108.4% during the 4th quarter. Handelsbanken Fonder AB now owns 516,043 shares of the industrial products company’s stock worth $17,308,000 after acquiring an additional 268,420 shares during the period. 93.89% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Tetra Tech Stock Down 0.8%

TTEK opened at $35.64 on Wednesday. The company has a market capitalization of $9.13 billion, a PE ratio of 21.47 and a beta of 0.90. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18. Tetra Tech, Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The business has a 50-day moving average of $33.79 and a 200-day moving average of $31.64.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The firm had revenue of $1.31 billion for 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.43 earnings per share. 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 EPS for the current fiscal year.

Tetra Tech Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were paid a dividend of $0.072 per share. The ex-dividend date was Thursday, August 13th. This represents a $0.29 annualized dividend and a dividend yield of 0.8%. Tetra Tech’s dividend payout ratio is 17.47%.

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.