Tetra Tech Inc. (NASDAQ:TTEK) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $35.00 and last traded at $34.95, with a volume of 190,656 shares. The stock had previously closed at $34.70.

TTEK has been the subject of several analyst reports. Oppenheimer Holdings Inc. downgraded shares of Tetra Tech to a “hold” rating in a report on Thursday, April 28th. FBR & Co downgraded shares of Tetra Tech from an “outperform” rating to a “market perform” rating and set a $32.00 price objective for the company. in a report on Friday, April 29th. Canaccord Genuity reaffirmed a “hold” rating and issued a $30.00 price objective on shares of Tetra Tech in a report on Friday, April 29th. Finally, Zacks Investment Research downgraded shares of Tetra Tech from a “hold” rating to a “sell” rating in a report on Monday, July 18th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $32.60.

The stock has a 50 day moving average of $32.95 and a 200-day moving average of $30.14. The stock has a market cap of $2.02 billion and a price-to-earnings ratio of 98.60.

Tetra Tech (NASDAQ:TTEK) last issued its earnings results on Wednesday, July 27th. The company reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. The firm earned $667 million during the quarter, compared to analysts’ expectations of $498.79 million. The firm’s quarterly revenue was up 16.0% on a year-over-year basis. During the same period last year, the firm posted $0.43 earnings per share. On average, equities analysts anticipate that Tetra Tech Inc. will post $1.88 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 31st. Stockholders of record on Friday, August 12th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, August 10th. This represents a $0.36 annualized dividend and a dividend yield of 1.03%.

In other news, Director J Kenneth Thompson sold 1,675 shares of the business’s stock in a transaction that occurred on Thursday, June 9th. The shares were sold at an average price of $30.87, for a total transaction of $51,707.25. Following the completion of the transaction, the director now directly owns 15,355 shares of the company’s stock, valued at $474,008.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Craig L. Christensen sold 16,750 shares of the business’s stock in a transaction that occurred on Wednesday, June 1st. The shares were sold at an average price of $30.25, for a total transaction of $506,687.50. Following the transaction, the senior vice president now directly owns 29,035 shares of the company’s stock, valued at $878,308.75. The disclosure for this sale can be found here.

An institutional investor recently raised its position in Tetra Tech stock. KBC Group NV increased its stake in shares of Tetra Tech Inc. (NASDAQ:TTEK) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 213,645 shares of the company’s stock after buying an additional 3,283 shares during the period. KBC Group NV owned about 0.36% of Tetra Tech worth $5,559,000 as of its most recent SEC filing.

Tetra Tech, Inc is a provider of consulting, engineering, program management, construction management, and technical services. The Company’s segments include Water, Environment and Infrastructure (WEI), Resource Management and Energy (RME), and Remediation and Construction Management (RCM). The WEI segment provides consulting and engineering services.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.