Tetra Tech, Inc. $TTEK Stock: King Luther Capital Management Corp Reduces Position

King Luther Capital Management Corp trimmed its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 8.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 521,547 shares of the industrial products company’s stock after selling 47,613 shares during the period. King Luther Capital Management Corp owned about 0.20% of Tetra Tech worth $17,185,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Evelyn Partners Investment Management Services Ltd acquired a new stake in Tetra Tech in the first quarter valued at $35,000. Mather Group LLC. grew its holdings in Tetra Tech by 562.0% during the 3rd quarter. Mather Group LLC. now owns 1,377 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 1,169 shares in the last quarter. Root Financial Partners LLC acquired a new position in Tetra Tech during the 3rd quarter worth $64,000. Signaturefd LLC increased its position in shares of Tetra Tech by 65.0% in the 3rd quarter. Signaturefd LLC now owns 1,990 shares of the industrial products company’s stock worth $66,000 after purchasing an additional 784 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in shares of Tetra Tech by 16.5% in the 3rd quarter. Parallel Advisors LLC now owns 2,285 shares of the industrial products company’s stock worth $75,000 after purchasing an additional 323 shares during the last quarter. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TTEK has been the topic of a number of recent analyst reports. KeyCorp restated an “overweight” rating and issued a $41.00 target price (down from $43.00) on shares of Tetra Tech in a research note on Thursday, October 15th. Robert W. Baird lifted their price target on Tetra Tech from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday. Royal Bank Of Canada lowered their price objective on Tetra Tech from $46.00 to $44.00 and set an “outperform” rating for the company in a report on Thursday, October 15th. Wall Street Zen cut Tetra Tech from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Finally, Weiss Ratings upgraded Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, October 27th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Tetra Tech currently has a consensus rating of “Moderate Buy” and a consensus price target of $40.00.

Tetra Tech Trading Up 4.8%

Tetra Tech stock opened at $39.43 on Friday. Tetra Tech, Inc. has a 1 year low of $25.81 and a 1 year high of $43.14. The firm’s 50-day moving average is $36.01 and its 200-day moving average is $33.26. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18. The company has a market cap of $10.10 billion, a P/E ratio of 23.33 and a beta of 0.86.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly earnings data on Wednesday, November 11th. The industrial products company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.15 billion. Tetra Tech had a net margin of 8.67% and a return on equity of 22.46%. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.45 EPS. Tetra Tech has set its FY 2027 guidance at 1.650-1.800 EPS and its Q1 2027 guidance at 0.360-0.380 EPS. On average, equities analysts expect that Tetra Tech, Inc. will post 1.74 earnings per share for the current year.

Tetra Tech Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Wednesday, December 2nd will be given a dividend of $0.0720 per share. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, December 2nd. Tetra Tech’s dividend payout ratio is presently 16.57%.

Top Tetra Tech Stories

Investors following TTEK have been watching these stories:

• Positive Sentiment: Fourth-quarter adjusted EPS was $0.49, topping the $0.47 consensus. Revenue was $1.34 billion, while net revenue rose 5% year over year to $1.15 billion. Tetra Tech tops Q4 estimates
• Positive Sentiment: Funded backlog ended fiscal 2026 at approximately $4.67 billion, with new orders exceeding $1.6 billion—supporting visibility into future work. Backlog and new orders
• Neutral Sentiment: Fiscal 2027 guidance calls for EPS of $1.65–$1.80 and revenue of $4.4–$4.6 billion, broadly in line with analyst expectations. Baird raised its price target from $37 to $40 but kept a neutral rating. Results, guidance, and analyst update

Tetra Tech Profile

Tetra Tech, Inc. is a consulting and engineering services company founded in 1966. It works with government and commercial clients on projects involving water, the environment, infrastructure, energy, and resource management. The company provides services across the project lifecycle, including planning, consulting, engineering, design, and program and construction management. Its work includes water supply and wastewater systems, environmental assessment and remediation, infrastructure development, and climate resilience.