Tetra Tech (NASDAQ:TTEK) Issues Earnings Results

Tetra Tech (NASDAQ:TTEK) released its quarterly earnings data on Wednesday. The industrial products company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.05, Zacks reports. Tetra Tech had a return on equity of 24.70% and a net margin of 3.94%. Tetra Tech updated its Q1 2026 guidance to 0.300-0.330 EPS and its FY 2026 guidance to 1.400-1.550 EPS.

Tetra Tech Price Performance

TTEK traded up $0.46 during trading on Wednesday, hitting $32.45. 3,156,036 shares of the stock traded hands, compared to its average volume of 2,384,699. Tetra Tech has a twelve month low of $27.27 and a twelve month high of $48.30. The business has a 50 day moving average price of $33.94 and a 200 day moving average price of $35.11. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.18 and a quick ratio of 1.18. The company has a market cap of $8.53 billion, a price-to-earnings ratio of 40.56 and a beta of 0.96.

Insider Buying and Selling

In related news, Director Gary Birkenbeuel sold 2,390 shares of the firm’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $36.00, for a total transaction of $86,040.00. Following the sale, the director owned 37,725 shares of the company’s stock, valued at $1,358,100. This trade represents a 5.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On Tetra Tech

Institutional investors and hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. increased its stake in shares of Tetra Tech by 136.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 751 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Tetra Tech by 754.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock worth $67,000 after purchasing an additional 1,638 shares during the last quarter. HUB Investment Partners LLC bought a new position in shares of Tetra Tech in the second quarter valued at approximately $214,000. Pitcairn Co. bought a new position in Tetra Tech during the second quarter valued at about $221,000. Finally, Brighton Jones LLC purchased a new stake in shares of Tetra Tech during the 4th quarter worth approximately $225,000. Institutional investors and hedge funds own 93.89% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Royal Bank Of Canada set a $47.00 price objective on Tetra Tech and gave the company an “outperform” rating in a report on Monday, September 29th. National Bank Financial began coverage on Tetra Tech in a research report on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price objective on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, October 8th. Northcoast Research restated a “neutral” rating on shares of Tetra Tech in a report on Wednesday, October 1st. Finally, Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a research note on Saturday, October 25th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $41.00.

About Tetra Tech

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.