Tetra Tech, Inc. $TTEK Shares Sold by Triglav Investments D.O.O.

Triglav Investments D.O.O. decreased its holdings in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 52.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 15,364 shares of the industrial products company’s stock after selling 16,726 shares during the period. Triglav Investments D.O.O.’s holdings in Tetra Tech were worth $463,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. SFE Investment Counsel lifted its stake in Tetra Tech by 43.9% during the first quarter. SFE Investment Counsel now owns 147,431 shares of the industrial products company’s stock valued at $4,441,000 after purchasing an additional 45,009 shares during the last quarter. Fifth Third Bancorp boosted its holdings in Tetra Tech by 2,004.3% during the first quarter. Fifth Third Bancorp now owns 78,175 shares of the industrial products company’s stock worth $2,355,000 after buying an additional 74,460 shares in the last quarter. Candriam S.C.A. grew its position in Tetra Tech by 15.3% in the first quarter. Candriam S.C.A. now owns 259,365 shares of the industrial products company’s stock worth $7,812,000 after buying an additional 34,420 shares during the last quarter. Osprey Private Wealth LLC increased its holdings in shares of Tetra Tech by 5.6% in the first quarter. Osprey Private Wealth LLC now owns 363,415 shares of the industrial products company’s stock valued at $10,946,000 after buying an additional 19,390 shares in the last quarter. Finally, AlpenGlobal Capital LLC bought a new position in shares of Tetra Tech in the first quarter valued at $3,232,000. 93.89% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on TTEK shares. Wall Street Zen lowered Tetra Tech from a “buy” rating to a “hold” rating in a research note on Sunday. Robert W. Baird set a $35.00 target price on Tetra Tech in a research report on Thursday, April 30th. Finally, Weiss Ratings downgraded Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Tetra Tech currently has an average rating of “Moderate Buy” and an average target price of $41.00.

Insiders Place Their Bets

In other Tetra Tech news, Director Jeffrey R. Feeler acquired 1,900 shares of Tetra Tech stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average cost of $26.41 per share, with a total value of $50,179.00. Following the purchase, the director owned 1,900 shares in the company, valued at approximately $50,179. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.49% of the company’s stock.

Tetra Tech Stock Performance

Tetra Tech stock opened at $30.99 on Monday. The company has a 50 day moving average price of $28.59 and a 200 day moving average price of $32.31. Tetra Tech, Inc. has a 52 week low of $25.81 and a 52 week high of $43.14. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market capitalization of $8.04 billion, a price-to-earnings ratio of 18.56 and a beta of 0.92.

Tetra Tech (NASDAQ:TTEK) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The company’s revenue was down 7.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.33 EPS. 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. Research analysts forecast that Tetra Tech, Inc. will post 1.54 EPS for the current year.

Tetra Tech Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th were issued a dividend of $0.072 per share. This is a positive change from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Thursday, May 14th. Tetra Tech’s dividend payout ratio is presently 17.37%.

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.