Dynamic Technology Lab Private Ltd Invests $1.61 Million in Tetra Tech, Inc. $TTEK

Dynamic Technology Lab Private Ltd purchased a new stake in Tetra Tech, Inc. (NASDAQ:TTEK) in the third quarter, Holdings Channel reports. The institutional investor purchased 48,113 shares of the industrial products company’s stock, valued at approximately $1,606,000.

Several other hedge funds also recently modified their holdings of TTEK. Bfsg LLC bought a new stake in Tetra Tech during the 3rd quarter worth $25,000. Financial Consulate Inc. bought a new position in Tetra Tech in the third quarter valued at about $26,000. Root Financial Partners LLC bought a new position in Tetra Tech in the third quarter valued at about $30,000. MAI Capital Management boosted its stake in shares of Tetra Tech by 68.1% during the second 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 grew its holdings 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 purchasing an additional 704 shares during the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Brian N. Carter sold 9,979 shares of Tetra Tech stock in a transaction 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 transaction, the senior vice president owned 46,496 shares of the company’s stock, valued at $1,870,534.08. This trade represents a 17.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.49% of the stock is owned by corporate insiders.

Tetra Tech Price Performance

Tetra Tech stock opened at $34.87 on Friday. The stock’s 50 day moving average is $36.55 and its 200 day moving average is $35.16. Tetra Tech, Inc. has a one year low of $27.27 and a one year high of $43.14. The firm has a market cap of $9.09 billion, a P/E ratio of 26.22 and a beta of 0.90. 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 (NASDAQ:TTEK) last released its earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $974.28 million. During the same quarter in the prior year, the firm posted $0.35 EPS. The company’s revenue for the quarter was down 13.4% compared to the same quarter last year. 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 expect that Tetra Tech, Inc. will post 1.37 EPS for the current year.

Tetra Tech Announces Dividend

The company also recently disclosed 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 0.7%. Tetra Tech’s dividend payout ratio is 19.55%.

Analyst Upgrades and Downgrades

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