Thematics Asset Management Has $11.54 Million Stock Holdings in Tetra Tech, Inc. $TTEK

Thematics Asset Management lifted its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 9.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 345,750 shares of the industrial products company’s stock after buying an additional 30,000 shares during the quarter. Thematics Asset Management owned about 0.13% of Tetra Tech worth $11,541,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bfsg LLC bought a new position in shares of Tetra Tech in the third quarter worth about $25,000. Financial Consulate Inc. bought a new stake in shares of Tetra Tech during the third quarter valued at approximately $26,000. Root Financial Partners LLC acquired a new stake in shares of Tetra Tech in the third quarter valued at approximately $30,000. MAI Capital Management raised its position in Tetra Tech by 68.1% in the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 344 shares during the last quarter. Finally, True Wealth Design LLC raised its position in Tetra Tech by 228.6% in the 3rd quarter. True Wealth Design LLC now owns 1,012 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 704 shares during the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on TTEK shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $48.00 price objective (up from $47.00) on shares of Tetra Tech in a research report on Friday, November 14th. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a research note on Sunday, November 23rd. Finally, Robert W. Baird set a $43.00 price objective on Tetra Tech in a research report on Thursday, January 29th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $42.60.

Tetra Tech Trading Down 3.0%

Shares of NASDAQ TTEK opened at $32.18 on Friday. Tetra Tech, Inc. has a fifty-two week low of $27.27 and a fifty-two week high of $43.14. The firm has a market capitalization of $8.39 billion, a P/E ratio of 24.20 and a beta of 0.90. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.31 and a quick ratio of 1.31. The company’s 50 day simple moving average is $36.53 and its 200 day simple moving average is $35.08.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $974.28 million. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The business’s quarterly revenue was down 13.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.35 EPS. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS. On average, analysts predict that Tetra Tech, Inc. will post 1.37 EPS for the current year.

Tetra Tech Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, February 12th. Tetra Tech’s dividend payout ratio is currently 19.55%.

Insider Buying and Selling

In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of the stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $40.23, for a total value of $401,455.17. Following the transaction, the senior vice president owned 46,496 shares of the company’s stock, valued at approximately $1,870,534.08. This represents a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.49% of the company’s stock.

About Tetra Tech

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.