Tetra Tech Target of Unusually High Options Trading (NASDAQ:TTEK)

Tetra Tech, Inc. (NASDAQ:TTEK) was the recipient of some unusual options trading on Thursday. Stock investors bought 11,322 put options on the stock. This is an increase of 2,774% compared to the average daily volume of 394 put options.

Institutional Investors Weigh In On Tetra Tech

Large investors have recently bought and sold shares of the company. Bfsg LLC acquired a new stake in shares of Tetra Tech during the 3rd quarter worth approximately $25,000. Financial Consulate Inc. bought a new position in shares of Tetra Tech in the 3rd quarter valued at $26,000. Root Financial Partners LLC acquired a new position in shares of Tetra Tech during the 3rd quarter worth $30,000. MAI Capital Management boosted its stake in Tetra Tech by 68.1% in the second quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock valued at $31,000 after buying an additional 344 shares in the last quarter. Finally, Central Pacific Bank Trust Division acquired a new position in Tetra Tech during the second quarter worth about $32,000. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Tetra Tech Stock Performance

Shares of TTEK stock traded up $0.63 on Thursday, hitting $35.37. The company’s stock had a trading volume of 391,756 shares, compared to its average volume of 2,423,311. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18. The stock’s 50 day moving average is $33.64 and its 200-day moving average is $35.30. Tetra Tech has a fifty-two week low of $27.27 and a fifty-two week high of $43.50. The company has a market capitalization of $9.23 billion, a PE ratio of 38.09 and a beta of 0.88.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings data on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.05. Tetra Tech had a net margin of 4.55% and a return on equity of 25.79%. The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the firm posted $0.38 EPS. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.400-1.550 EPS. Equities research analysts expect that Tetra Tech will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Monday, December 1st will be paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, December 1st. Tetra Tech’s payout ratio is 27.96%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TTEK. National Bank Financial assumed coverage on Tetra Tech in a research note on Wednesday, October 8th. They set an “outperform” rating and a $41.00 price objective on the stock. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Robert W. Baird lifted their price objective on shares of Tetra Tech from $40.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Northcoast Research upgraded shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price for the company in a research note on Thursday, November 13th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $48.00 price target (up previously from $47.00) on shares of Tetra Tech in a research report on Friday, November 14th. 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, Tetra Tech currently has an average rating of “Moderate Buy” and a consensus price target of $42.20.

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.