Tetra Tech, Inc. $TTEK Stock Position Increased by Capital International Investors

Capital International Investors lifted its position in Tetra Tech, Inc. (NASDAQ:TTEK) by 27.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,016,577 shares of the industrial products company’s stock after buying an additional 1,936,902 shares during the period. Capital International Investors’ holdings in Tetra Tech were worth $302,416,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Capital International Inc. CA acquired a new stake in shares of Tetra Tech during the third quarter worth $2,067,000. Impax Asset Management Group plc acquired a new stake in shares of Tetra Tech during the fourth quarter worth $107,603,000. LGT Group Foundation raised its position in shares of Tetra Tech by 6.3% during the third quarter. LGT Group Foundation now owns 2,978,570 shares of the industrial products company’s stock worth $98,859,000 after purchasing an additional 176,302 shares during the period. Tudor Investment Corp ET AL raised its position in shares of Tetra Tech by 585.1% during the third quarter. Tudor Investment Corp ET AL now owns 64,401 shares of the industrial products company’s stock worth $2,150,000 after purchasing an additional 55,001 shares during the period. Finally, Premier Fund Managers Ltd raised its position in shares of Tetra Tech by 8.8% during the third quarter. Premier Fund Managers Ltd now owns 1,420,250 shares of the industrial products company’s stock worth $47,775,000 after purchasing an additional 114,588 shares during the period. Institutional investors own 93.89% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on TTEK shares. Weiss Ratings lowered Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. Robert W. Baird set a $35.00 target price on Tetra Tech in a research report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus 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 purchased 1,900 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of $26.41 per share, with a total value of $50,179.00. Following the completion of the transaction, the director owned 1,900 shares of the company’s stock, valued at approximately $50,179. This represents a ∞ increase in their ownership of the stock. The acquisition 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 Price Performance

NASDAQ:TTEK opened at $27.90 on Monday. The firm has a market capitalization of $7.24 billion, a price-to-earnings ratio of 16.71 and a beta of 0.93. Tetra Tech, Inc. has a 1-year low of $25.81 and a 1-year high of $43.14. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The business’s fifty day moving average price is $29.70 and its 200 day moving average price is $33.29.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.03. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.Tetra Tech’s quarterly revenue was down 7.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.33 earnings per share. 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. On average, sell-side analysts forecast that Tetra Tech, Inc. will post 1.53 earnings per share for the current fiscal year.

Tetra Tech Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th were given a dividend of $0.072 per share. The ex-dividend date of this dividend was Thursday, May 14th. This is a positive change from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 annualized dividend and a yield of 1.0%. Tetra Tech’s 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.