Capital International Sarl Acquires New Shares in Tetra Tech, Inc. $TTEK

Capital International Sarl bought a new position in Tetra Tech, Inc. (NASDAQ:TTEK) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 187,032 shares of the industrial products company’s stock, valued at approximately $6,243,000. Capital International Sarl owned about 0.07% of Tetra Tech at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Capital International Investors boosted its holdings in Tetra Tech by 249.1% in the third 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 in the last quarter. Norges Bank acquired a new position in shares of Tetra Tech during the second quarter worth approximately $104,843,000. Corient Private Wealth LLC boosted its position in shares of Tetra Tech by 84.9% in the second quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after acquiring an additional 1,847,087 shares during the period. M&G PLC grew its stake in shares of Tetra Tech by 150.1% in the second quarter. M&G PLC now owns 2,416,512 shares of the industrial products company’s stock worth $86,994,000 after acquiring an additional 1,450,420 shares during the last quarter. Finally, Sands Capital Management LLC increased its position in Tetra Tech by 26.5% during the second quarter. Sands Capital Management LLC now owns 5,200,335 shares of the industrial products company’s stock worth $187,004,000 after acquiring an additional 1,089,599 shares during the period. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Tetra Tech Price Performance

Shares of TTEK stock opened at $33.56 on Wednesday. The firm has a market capitalization of $8.75 billion, a price-to-earnings ratio of 25.23 and a beta of 0.90. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.45. The firm’s 50 day moving average is $36.56 and its 200-day moving average is $35.13. Tetra Tech, Inc. has a 1 year low of $27.27 and a 1 year high of $43.14.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.31 by $0.04. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $974.28 million. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The business’s revenue for the quarter was down 13.4% on a year-over-year basis. During the same period last year, the firm earned $0.35 EPS. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS. Sell-side analysts forecast that Tetra Tech, Inc. will post 1.37 EPS for the current fiscal year.

Tetra Tech Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were given a dividend of $0.065 per share. The ex-dividend date was Thursday, February 12th. This represents a $0.26 annualized dividend and a dividend yield of 0.8%. Tetra Tech’s payout ratio is currently 19.55%.

Insider Activity at Tetra Tech

In related news, SVP Brian N. Carter sold 9,979 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total transaction of $401,455.17. Following the completion of the sale, the senior vice president directly owned 46,496 shares of the company’s stock, valued at $1,870,534.08. The trade was a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.49% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TTEK. Northcoast Research raised Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a research report on Thursday, November 13th. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Royal Bank Of Canada restated an “outperform” rating and issued a $48.00 price target (up from $47.00) on shares of Tetra Tech in a research report on Friday, November 14th. Robert W. Baird set a $43.00 target price on shares of Tetra Tech in a research note on Thursday, January 29th. Finally, Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $42.60.

About Tetra Tech

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.