Intech Investment Management LLC Has $3.04 Million Stock Position in Tetra Tech, Inc. $TTEK

Intech Investment Management LLC lifted its holdings in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 71.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 90,544 shares of the industrial products company’s stock after buying an additional 37,874 shares during the period. Intech Investment Management LLC’s holdings in Tetra Tech were worth $3,037,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. First Horizon Corp increased its stake in shares of Tetra Tech by 50.4% during the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 295 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Tetra Tech by 136.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 751 shares during the last quarter. Danske Bank A S acquired a new position in shares of Tetra Tech during the 3rd quarter worth $53,000. Larson Financial Group LLC increased its stake in shares of Tetra Tech by 26.9% during the 4th quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock worth $57,000 after purchasing an additional 358 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB increased its stake in shares of Tetra Tech by 84.0% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,755 shares of the industrial products company’s stock worth $59,000 after purchasing an additional 801 shares during the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

Tetra Tech Stock Performance

NASDAQ:TTEK opened at $27.13 on Wednesday. Tetra Tech, Inc. has a 1 year low of $25.81 and a 1 year high of $43.14. The firm’s fifty day simple moving average is $29.98 and its 200 day simple moving average is $33.51. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $7.04 billion, a PE ratio of 16.25 and a beta of 0.93.

Tetra Tech (NASDAQ:TTEK) last posted 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. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1 billion. During the same period last year, the business posted $0.33 EPS. Tetra Tech’s revenue was down 7.7% compared to the same quarter last year. 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. On average, sell-side analysts anticipate that Tetra Tech, Inc. will post 1.53 EPS for the current year.

Tetra Tech Increases Dividend

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

Analysts Set New Price Targets

TTEK has been the topic of several analyst reports. Robert W. Baird set a $35.00 price target on shares of Tetra Tech in a research note on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research note on Monday, April 20th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Tetra Tech currently has a consensus rating of “Moderate Buy” and an average target price of $41.00.

Insider Transactions at Tetra Tech

In other 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 cost of $26.41 per share, for a total transaction of $50,179.00. Following the purchase, the director owned 1,900 shares of the company’s stock, valued at $50,179. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.49% of the company’s stock.

Tetra Tech 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.