Insider Selling: Tetra Tech (NASDAQ:TTEK) SVP Sells 9,979 Shares of Stock

Tetra Tech, Inc. (NASDAQ:TTEK) SVP Brian Carter sold 9,979 shares of the company’s 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 sale, the senior vice president directly owned 46,496 shares of the company’s stock, valued at $1,870,534.08. This trade represents a 17.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Tetra Tech Trading Up 1.4%

NASDAQ:TTEK traded up $0.59 during trading hours on Friday, reaching $41.29. The company’s stock had a trading volume of 3,730,168 shares, compared to its average volume of 2,651,231. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.18 and a current ratio of 1.31. The firm has a market capitalization of $10.77 billion, a price-to-earnings ratio of 31.05 and a beta of 0.91. The firm has a 50-day simple moving average of $35.57 and a 200-day simple moving average of $35.22. Tetra Tech, Inc. has a 1 year low of $27.27 and a 1 year high of $41.81.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $974.28 million. During the same period last year, the firm earned $0.35 earnings per share. 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. Research analysts expect that Tetra Tech, Inc. will post 1.37 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Thursday, February 12th will be paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, February 12th. Tetra Tech’s payout ratio is 19.55%.

Analyst Ratings Changes

Several research analysts have recently issued reports on TTEK shares. Royal Bank Of Canada restated an “outperform” rating and issued a $48.00 target price (up previously from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Robert W. Baird set a $43.00 price objective on shares of Tetra Tech in a research report on Thursday, January 29th. Northcoast Research upgraded shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price for the company in a report on Thursday, November 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Four 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.com, the company currently has an average rating of “Moderate Buy” and an average price target of $42.60.

Institutional Investors Weigh In On Tetra Tech

Institutional investors and hedge funds have recently modified their holdings of the stock. ProShare Advisors LLC boosted its stake in shares of Tetra Tech by 2.5% during the 2nd quarter. ProShare Advisors LLC now owns 11,684 shares of the industrial products company’s stock valued at $420,000 after purchasing an additional 285 shares in the last quarter. First Horizon Corp lifted its holdings in Tetra Tech by 50.4% in the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock worth $30,000 after buying an additional 295 shares during the period. US Bancorp DE boosted its position in Tetra Tech by 1.7% during the 2nd quarter. US Bancorp DE now owns 18,326 shares of the industrial products company’s stock valued at $659,000 after acquiring an additional 299 shares in the last quarter. Verdence Capital Advisors LLC grew its holdings in shares of Tetra Tech by 3.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 8,514 shares of the industrial products company’s stock worth $285,000 after acquiring an additional 319 shares during the period. Finally, OneDigital Investment Advisors LLC raised its position in shares of Tetra Tech by 3.7% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 9,162 shares of the industrial products company’s stock worth $306,000 after acquiring an additional 328 shares in the last quarter. 93.89% of the stock is owned by hedge funds and other institutional investors.

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.