One Capital Management LLC Acquires 28,816 Shares of Tetra Tech, Inc. $TTEK

One Capital Management LLC boosted its holdings in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 68.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 71,040 shares of the industrial products company’s stock after purchasing an additional 28,816 shares during the period. One Capital Management LLC’s holdings in Tetra Tech were worth $2,383,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TTEK. Brighton Jones LLC bought a new position in Tetra Tech during the fourth quarter worth about $225,000. AQR Capital Management LLC lifted its holdings in Tetra Tech by 451.6% during the first quarter. AQR Capital Management LLC now owns 145,077 shares of the industrial products company’s stock worth $4,204,000 after acquiring an additional 118,774 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Tetra Tech by 136.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock worth $48,507,000 after acquiring an additional 957,050 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in 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 acquiring an additional 751 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Tetra Tech by 754.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock worth $67,000 after acquiring an additional 1,638 shares in the last quarter. 93.89% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on TTEK shares. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a report on Monday, April 20th. Robert W. Baird set a $35.00 price target on Tetra Tech in a report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.00.

Tetra Tech Price Performance

NASDAQ:TTEK opened at $27.13 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.25. The stock’s 50-day simple moving average is $29.98 and its 200 day simple moving average is $33.51. The company has a market cap of $7.04 billion, a P/E ratio of 16.25 and a beta of 0.93. Tetra Tech, Inc. has a 52-week low of $25.81 and a 52-week high of $43.14.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.Tetra Tech’s quarterly revenue was down 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 earnings per share. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. As a group, sell-side analysts forecast that Tetra Tech, Inc. will post 1.53 EPS for the current fiscal year.

Tetra Tech Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th were given a $0.072 dividend. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, May 14th. Tetra Tech’s dividend payout ratio (DPR) is presently 17.37%.

Insider Activity

In related news, Director Jeffrey R. Feeler bought 1,900 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average price of $26.41 per share, with a total value of $50,179.00. Following the completion of the transaction, the director owned 1,900 shares in the company, valued at $50,179. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.49% of the company’s stock.

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.