PGGM Investments Has $36.72 Million Position in Tetra Tech, Inc. $TTEK

PGGM Investments grew its position in Tetra Tech, Inc. (NASDAQ:TTEK) by 32.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,099,907 shares of the industrial products company’s stock after purchasing an additional 268,174 shares during the period. PGGM Investments owned about 0.42% of Tetra Tech worth $36,715,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Ninety One UK Ltd raised its stake in Tetra Tech by 2.8% in the third quarter. Ninety One UK Ltd now owns 2,870,244 shares of the industrial products company’s stock valued at $95,809,000 after purchasing an additional 78,332 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Tetra Tech by 38.7% during the 2nd quarter. Parallel Advisors LLC now owns 4,408 shares of the industrial products company’s stock worth $159,000 after acquiring an additional 1,231 shares during the period. King Luther Capital Management Corp boosted its position in shares of Tetra Tech by 6.8% during the 2nd quarter. King Luther Capital Management Corp now owns 1,643,157 shares of the industrial products company’s stock worth $59,088,000 after acquiring an additional 105,286 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of Tetra Tech by 24.5% during the 2nd quarter. Bessemer Group Inc. now owns 970,018 shares of the industrial products company’s stock worth $34,881,000 after acquiring an additional 190,995 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Tetra Tech by 69.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 906,233 shares of the industrial products company’s stock valued at $32,588,000 after purchasing an additional 370,559 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

Analyst Ratings Changes

TTEK has been the topic of a number of research analyst reports. Royal Bank Of Canada restated an “outperform” rating and issued a $48.00 price target (up from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Northcoast Research raised 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, October 8th. National Bank Financial initiated coverage on shares of Tetra Tech in a research note on Wednesday, October 8th. They set an “outperform” rating and a $41.00 target price for the company. Finally, Robert W. Baird upped their target price on Tetra Tech from $40.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Tetra Tech has a consensus rating of “Moderate Buy” and an average target price of $42.20.

Tetra Tech Price Performance

Shares of NASDAQ:TTEK opened at $37.17 on Friday. 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 has a market cap of $9.71 billion, a PE ratio of 39.97 and a beta of 0.90. Tetra Tech, Inc. has a 1-year low of $27.27 and a 1-year high of $42.98. The stock’s fifty day simple moving average is $34.51 and its two-hundred day simple moving average is $35.11.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings results on Wednesday, November 12th. The industrial products company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the business posted $0.38 earnings per share. Tetra Tech’s revenue was up 1.6% on a year-over-year basis. 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. As a group, analysts forecast that Tetra Tech, Inc. will post 1.37 EPS for the current fiscal year.

Tetra Tech Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Monday, December 1st were issued a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, December 1st. Tetra Tech’s payout ratio is presently 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.