Tetra Tech, Inc. $TTEK Shares Newly Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) in the 3rd quarter, Holdings Channel reports. The fund purchased 22,300 shares of the industrial products company’s stock, valued at approximately $735,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Bahl & Gaynor LLC lifted its stake in shares of Tetra Tech by 2.1% in the 3rd quarter. Bahl & Gaynor LLC now owns 158,082 shares of the industrial products company’s stock worth $5,209,000 after purchasing an additional 3,198 shares during the period. Lido Advisors LLC bought a new stake in Tetra Tech during the third quarter valued at approximately $391,000. D Orazio & Associates Inc. grew its position in Tetra Tech by 1.0% during the third quarter. D Orazio & Associates Inc. now owns 62,089 shares of the industrial products company’s stock valued at $2,046,000 after buying an additional 617 shares during the period. New York Life Investment Management LLC increased its holdings in Tetra Tech by 18.4% during the third quarter. New York Life Investment Management LLC now owns 38,114 shares of the industrial products company’s stock valued at $1,256,000 after buying an additional 5,932 shares during the last quarter. Finally, AlphaCore Capital LLC increased its holdings in Tetra Tech by 38.3% during the third quarter. AlphaCore Capital LLC now owns 10,194 shares of the industrial products company’s stock valued at $336,000 after buying an additional 2,822 shares during the last quarter. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TTEK. KeyCorp increased their price target on shares of Tetra Tech from $41.00 to $42.00 and gave the stock an “overweight” rating in a research report on Friday. Royal Bank Of Canada cut their price objective on shares of Tetra Tech from $46.00 to $44.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. Weiss Ratings raised shares of Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 27th. Wall Street Zen lowered Tetra Tech from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Finally, Robert W. Baird raised their target price on Tetra Tech from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $40.25.

Key Headlines Impacting Tetra Tech

Here are a few of the latest headlines about TTEK:

• Positive Sentiment: Tetra Tech reported fourth-quarter adjusted EPS of $0.49, above the $0.47 consensus and up from $0.45 a year earlier. Net revenue rose 5% year over year to $1.15 billion, with reports indicating results beat or met estimates. Shares rallied after the release. Benzinga report on the earnings-driven move
• Positive Sentiment: Funded backlog reached $4.67 billion, while new orders exceeded $1.6 billion—indicators of future project revenue and demand. Coverage also highlighted water projects and stronger cash flow as growth supports. Benzinga backlog report
• Neutral Sentiment: Fiscal 2027 guidance was characterized as meeting expectations, limiting the potential for an outlook-driven catalyst. The company also declared a quarterly dividend of $0.072 per share, or $0.29 annualized; the modest yield is unlikely to be a major near-term stock driver. Results and guidance report

Tetra Tech Stock Performance

Shares of TTEK stock traded down $0.60 during trading hours on Friday, reaching $38.83. 3,143,012 shares of the company traded hands, compared to its average volume of 2,959,370. Tetra Tech, Inc. has a 12-month low of $25.81 and a 12-month high of $43.14. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.26 and a quick ratio of 1.18. The company has a market cap of $9.94 billion, a P/E ratio of 22.98 and a beta of 0.86. The firm has a 50-day moving average price of $36.06 and a 200 day moving average price of $33.27.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, November 11th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. Tetra Tech had a net margin of 8.67% and a return on equity of 22.37%. The company had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the firm posted $0.45 EPS. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year. Tetra Tech has set its FY 2027 guidance at 1.650-1.800 EPS and its Q1 2027 guidance at 0.360-0.380 EPS. As a group, sell-side analysts predict that Tetra Tech, Inc. will post 1.74 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 11th. Shareholders of record on Wednesday, December 2nd will be given a $0.0720 dividend. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, December 2nd. Tetra Tech’s dividend payout ratio is presently 17.16%.

Tetra Tech Profile

Tetra Tech, Inc. is a consulting and engineering services company founded in 1966. It works with government and commercial clients on projects involving water, the environment, infrastructure, energy, and resource management. The company provides services across the project lifecycle, including planning, consulting, engineering, design, and program and construction management. Its work includes water supply and wastewater systems, environmental assessment and remediation, infrastructure development, and climate resilience.