Tetra Tech (NASDAQ:TTEK) Releases Q2 2026 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.300-0.330 for the period, compared to the consensus estimate of 0.310. The company issued revenue guidance of $975.0 million-$1.0 billion, compared to the consensus revenue estimate of $979.5 million. Tetra Tech also updated its FY 2026 guidance to 1.460-1.560 EPS.

Tetra Tech Stock Down 0.6%

Shares of TTEK stock traded down $0.23 during trading on Wednesday, reaching $37.10. The company’s stock had a trading volume of 2,679,391 shares, compared to its average volume of 2,032,621. The business has a fifty day moving average price of $34.94 and a 200-day moving average price of $35.13. Tetra Tech has a one year low of $27.27 and a one year high of $38.78. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The company has a market cap of $9.69 billion, a price-to-earnings ratio of 39.89 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.04. The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $974.28 million. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.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. Analysts anticipate that Tetra Tech will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Stockholders 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 dividend yield of 0.7%. The ex-dividend date was Monday, December 1st. Tetra Tech’s payout ratio is currently 27.96%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. 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 shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a research note on Thursday, November 13th. Wall Street Zen upgraded shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Robert W. Baird upped their price target on Tetra Tech from $40.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Tetra Tech has an average rating of “Moderate Buy” and a consensus price target of $42.20.

Institutional Trading of Tetra Tech

Several institutional investors have recently made changes to their positions in the company. Brighton Jones LLC purchased a new stake in shares of Tetra Tech during the fourth quarter valued at approximately $225,000. AQR Capital Management LLC grew its position in shares of Tetra Tech by 451.6% in the first quarter. AQR Capital Management LLC now owns 145,077 shares of the industrial products company’s stock valued at $4,204,000 after purchasing an additional 118,774 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Tetra Tech by 136.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock valued at $48,507,000 after buying an additional 957,050 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Tetra Tech by 136.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 751 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Tetra Tech by 754.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock worth $67,000 after purchasing an additional 1,638 shares during the period. Institutional investors own 93.89% 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.