Wealth Enhancement Advisory Services LLC Increases Stake in Tetra Tech, Inc. $TTEK

Wealth Enhancement Advisory Services LLC increased its stake in Tetra Tech, Inc. (NASDAQ:TTEKFree Report) by 159.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,488 shares of the industrial products company’s stock after acquiring an additional 40,282 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Tetra Tech were worth $2,276,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bfsg LLC purchased a new stake in Tetra Tech during the 3rd quarter worth about $25,000. Financial Consulate Inc. purchased a new position in shares of Tetra Tech in the 3rd quarter valued at about $26,000. Root Financial Partners LLC acquired a new position in shares of Tetra Tech during the third quarter worth about $30,000. True Wealth Design LLC increased its stake in shares of Tetra Tech by 228.6% during the third quarter. True Wealth Design LLC now owns 1,012 shares of the industrial products company’s stock worth $34,000 after buying an additional 704 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of Tetra Tech by 136.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after buying an additional 751 shares during the period. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Tetra Tech Stock Up 1.1%

TTEK opened at $31.07 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.31 and a quick ratio of 1.31. Tetra Tech, Inc. has a 12 month low of $27.27 and a 12 month high of $43.14. The stock has a market capitalization of $8.10 billion, a P/E ratio of 23.36 and a beta of 0.98. The business has a 50 day simple moving average of $35.06 and a 200-day simple moving average of $34.56.

Tetra Tech (NASDAQ:TTEKGet Free Report) last released its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.04. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $974.28 million. During the same period last year, the business posted $0.35 EPS. Tetra Tech’s quarterly revenue was down 13.4% on a year-over-year basis. 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. On average, equities analysts anticipate that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

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

Insider Buying and Selling at Tetra Tech

In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of Tetra Tech stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total value 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 approximately $1,870,534.08. The trade was a 17.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.49% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st. Robert W. Baird set a $43.00 target price on Tetra Tech in a report on Thursday, January 29th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.60.

Read Our Latest Stock Analysis on TTEK

About Tetra Tech

(Free Report)

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.

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Institutional Ownership by Quarter for Tetra Tech (NASDAQ:TTEK)

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