Tetra Tech, Inc. $TTEK Shares Acquired by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lifted its stake in Tetra Tech, Inc. (NASDAQ:TTEK) by 585.1% during the third quarter, Holdings Channel reports. The institutional investor owned 64,401 shares of the industrial products company’s stock after acquiring an additional 55,001 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Tetra Tech were worth $2,150,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bfsg LLC purchased a new position in Tetra Tech during the third quarter valued at approximately $25,000. Financial Consulate Inc. purchased a new stake in Tetra Tech in the 3rd quarter worth approximately $26,000. Root Financial Partners LLC acquired a new stake in shares of Tetra Tech during the 3rd quarter worth approximately $30,000. MAI Capital Management increased its holdings in shares of Tetra Tech by 68.1% during the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 344 shares in the last quarter. Finally, True Wealth Design LLC increased its holdings in shares of Tetra Tech by 228.6% during the 3rd quarter. True Wealth Design LLC now owns 1,012 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 704 shares in the last quarter. 93.89% of the stock is owned by institutional investors and hedge funds.

Tetra Tech Stock Performance

NASDAQ:TTEK opened at $29.78 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.31 and a current ratio of 1.31. The stock has a market capitalization of $7.77 billion, a PE ratio of 22.39 and a beta of 0.90. Tetra Tech, Inc. has a fifty-two week low of $27.27 and a fifty-two week high of $43.14. The company has a fifty day moving average of $35.56 and a two-hundred day moving average of $34.71.

Tetra Tech (NASDAQ:TTEK) last announced its earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.04. The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $974.28 million. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The company’s revenue for the quarter was down 13.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.35 earnings per share. 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. As a group, research analysts forecast that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 12th were paid a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, February 12th. Tetra Tech’s payout ratio is 19.55%.

Insider Buying and Selling

In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $40.23, for a total transaction of $401,455.17. Following the completion of the transaction, the senior vice president owned 46,496 shares of the company’s stock, valued at $1,870,534.08. This represents a 17.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TTEK. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st. Robert W. Baird set a $43.00 price objective on shares of Tetra Tech in a report on Thursday, January 29th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Tetra Tech has an average rating of “Moderate Buy” and an average target price of $42.60.

Tetra Tech Company 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.