Brokerages Set Tetra Tech, Inc. (NASDAQ:TTEK) Price Target at $42.20

Tetra Tech, Inc. (NASDAQ:TTEK) has been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $42.20.

A number of research firms have recently commented on TTEK. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, October 8th. Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a research report on Thursday, November 13th. Wall Street Zen upgraded shares of Tetra Tech from a “hold” rating to a “buy” rating in a research note on Sunday, November 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $48.00 price objective (up from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. Finally, National Bank Financial started coverage on Tetra Tech in a research note on Wednesday, October 8th. They set an “outperform” rating and a $41.00 price objective for the company.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TTEK. Sands Capital Management LLC raised its holdings in shares of Tetra Tech by 38.0% during 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 acquiring an additional 1,978,697 shares during the period. Capital International Investors boosted its position in shares of Tetra Tech by 249.1% during the third quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock worth $236,320,000 after buying an additional 5,051,485 shares during the period. Alliancebernstein L.P. boosted its position in Tetra Tech by 12.0% during the 3rd quarter. Alliancebernstein L.P. now owns 6,581,244 shares of the industrial products company’s stock worth $219,682,000 after acquiring an additional 705,673 shares during the last quarter. Sarasin & Partners LLP lifted its position 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 in the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of Tetra Tech by 84.9% in the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after acquiring an additional 1,847,087 shares in the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

Tetra Tech Stock Performance

Shares of TTEK stock opened at $34.45 on Monday. The company has a market capitalization of $8.99 billion, a price-to-earnings ratio of 37.04 and a beta of 0.88. Tetra Tech has a 1-year low of $27.27 and a 1-year high of $42.98. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. The stock’s fifty day simple moving average is $33.77 and its 200-day simple moving average is $35.21.

Tetra Tech (NASDAQ:TTEK) last issued its earnings results on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.05. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the firm posted $0.38 EPS. The business’s revenue 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. On average, sell-side analysts predict that Tetra Tech will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Monday, December 1st were paid a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, December 1st. Tetra Tech’s dividend payout ratio (DPR) is 27.96%.

Tetra Tech Company Profile

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.