Tetra Tech (NASDAQ:TTEK) Stock Price Down 5.1% – Here’s Why

Shares of Tetra Tech, Inc. (NASDAQ:TTEK) were down 5.1% on Friday . The company traded as low as $33.46 and last traded at $33.4010. Approximately 2,279,378 shares traded hands during trading, a decline of 6% from the average daily volume of 2,422,964 shares. The stock had previously closed at $35.19.

Analyst Ratings Changes

Several equities research analysts have issued reports on TTEK shares. Robert W. Baird boosted their price objective on shares of Tetra Tech from $40.00 to $41.00 and gave the stock a “neutral” rating in a research note on Thursday, November 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, October 8th. KeyCorp boosted their price objective on Tetra Tech from $41.00 to $43.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, Northcoast Research upgraded Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a report on Thursday, November 13th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $42.20.

Tetra Tech Trading Down 6.1%

The business’s 50-day simple moving average is $33.83 and its two-hundred day simple moving average is $35.31. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $8.68 billion, a PE ratio of 41.31 and a beta of 0.96.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results on Wednesday, November 12th. The industrial products company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.40 by $0.05. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.06 billion. Tetra Tech had a return on equity of 24.70% and a net margin of 3.94%.The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.38 earnings per share. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS. FY 2026 guidance at 1.400-1.550 EPS. On average, analysts predict that Tetra Tech, Inc. will post 1.37 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 12th. Stockholders of record on Monday, December 1st will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.8%. Tetra Tech’s dividend payout ratio (DPR) is presently 27.96%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TTEK. Vanguard Group Inc. increased its position in shares of Tetra Tech by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 27,185,795 shares of the industrial products company’s stock worth $795,185,000 after purchasing an additional 1,273,692 shares during the last quarter. Sands Capital Management LLC grew its stake in Tetra Tech by 38.0% in the third quarter. Sands Capital Management LLC now owns 7,179,032 shares of the industrial products company’s stock worth $239,636,000 after purchasing an additional 1,978,697 shares in the last quarter. Capital International Investors increased its holdings in Tetra Tech by 249.1% in the third quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock valued at $236,320,000 after buying an additional 5,051,485 shares during the last quarter. Alliancebernstein L.P. raised its stake in Tetra Tech by 12.0% during the third quarter. Alliancebernstein L.P. now owns 6,581,244 shares of the industrial products company’s stock valued at $219,682,000 after buying an additional 705,673 shares in the last quarter. Finally, Sarasin & Partners LLP lifted its holdings in Tetra Tech by 1.2% during the 2nd quarter. Sarasin & Partners LLP now owns 4,683,576 shares of the industrial products company’s stock worth $168,421,000 after buying an additional 55,012 shares during the last quarter. 93.89% of the stock is currently owned by institutional investors.

Tetra Tech Company Profile

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.