J. Safra Sarasin Holding AG Sells 471,554 Shares of Tetra Tech, Inc. $TTEK

J. Safra Sarasin Holding AG trimmed its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 98.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,186 shares of the industrial products company’s stock after selling 471,554 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Tetra Tech were worth $273,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. ProShare Advisors LLC raised its stake in shares of Tetra Tech by 2.5% in the second quarter. ProShare Advisors LLC now owns 11,684 shares of the industrial products company’s stock worth $420,000 after acquiring an additional 285 shares during the last quarter. US Bancorp DE raised its position in Tetra Tech by 1.7% in the 2nd quarter. US Bancorp DE now owns 18,326 shares of the industrial products company’s stock worth $659,000 after purchasing an additional 299 shares during the last quarter. Verdence Capital Advisors LLC boosted its position in Tetra Tech by 3.9% in the 3rd quarter. Verdence Capital Advisors LLC now owns 8,514 shares of the industrial products company’s stock valued at $285,000 after buying an additional 319 shares during the last quarter. MAI Capital Management increased its stake in shares of Tetra Tech by 68.1% in the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock valued at $31,000 after buying an additional 344 shares during the period. Finally, Parkside Financial Bank & Trust raised its position in shares of Tetra Tech by 54.5% during the second quarter. Parkside Financial Bank & Trust now owns 987 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 348 shares during the last quarter. Institutional investors own 93.89% of the company’s stock.

Key Tetra Tech News

Here are the key news stories impacting Tetra Tech this week:

• Positive Sentiment: Q1 results beat expectations — TTEK reported $0.35 EPS vs. a $0.31 consensus and revenue of $1.21B versus ~$974M est; operating income and adjusted EBITDA improved, signaling margin recovery. Tetra Tech Reports Strong First Quarter 2026 Results and Raises Fiscal Year 2026 Guidance
• Positive Sentiment: Company raised FY‑2026 guidance (EPS 1.460–1.560; net revenue ~$4.2–4.3B) and issued Q2 guidance (EPS 0.300–0.330, revenue ~$975M–$1.0B), indicating management sees steadier demand ahead. Tetra Tech Surpasses Q1 Earnings & Revenues Estimates, Raises 26′ View
• Positive Sentiment: Dividend raised 12% to $0.065/share (annualized yield ~0.7%), showing cash‑flow confidence and returning capital to shareholders. Ex‑dividend date Feb 12. Tetra Tech raises quarterly dividend 12% to $0.065 per share
• Positive Sentiment: Strategic MoU with Westinghouse Canada to support AP1000/AP300 nuclear new‑builds gives TTEK exposure to potential long‑term engineering project pipeline. Westinghouse and Tetra Tech Canada Sign Agreement for Nuclear New-Build Projects
• Neutral Sentiment: On a like‑for‑like basis excluding USAID/DOS contract timing and prior‑year hurricane work, net revenue was reported up ~8%, which partially offsets headline YoY declines and suggests underlying organic strength in certain end markets. Tetra Tech Reports Strong First Quarter 2026 Results and Raises Fiscal Year 2026 Guidance
• Negative Sentiment: Reported revenue was down ~13.4% year‑over‑year, driven by contract timing and a tough Q1‑25 comparables period (hurricane‑related work and USAID/DOS activity), which remains a near‑term headwind to topline growth. Tetra Tech Q1 2026 Earnings Report

Analysts Set New Price Targets

TTEK has been the topic of a number of analyst reports. Northcoast Research raised Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Thursday, November 13th. National Bank Financial began coverage on Tetra Tech in a research note on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price target for the company. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Finally, Robert W. Baird set a $43.00 price target on shares of Tetra Tech in a research note on Thursday. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $42.60.

Tetra Tech Price Performance

Shares of NASDAQ TTEK opened at $38.22 on Friday. The firm has a market cap of $9.98 billion, a price-to-earnings ratio of 28.74 and a beta of 0.90. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. The stock has a fifty day simple moving average of $35.04 and a two-hundred day simple moving average of $35.16. Tetra Tech, Inc. has a 1-year low of $27.27 and a 1-year high of $40.88.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data 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 24.36%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $974.28 million. During the same period in the previous year, the business earned $0.35 EPS. Tetra Tech’s revenue 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. Analysts anticipate that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 12th will be paid a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 12th. Tetra Tech’s dividend payout ratio is 27.96%.

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.