Tetra Tech, Inc. (TTEK) to Issue Quarterly Dividend of $0.07 on February 27th

Tetra Tech, Inc. (NASDAQ:TTEK) declared a quarterly dividend on Monday, January 26th. Shareholders of record on Thursday, February 12th will be given a dividend of 0.065 per share by the industrial products company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, February 12th.

Tetra Tech has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 11 consecutive years. Tetra Tech has a payout ratio of 16.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Tetra Tech to earn $1.55 per share next year, which means the company should continue to be able to cover its $0.26 annual dividend with an expected future payout ratio of 16.8%.

Tetra Tech Stock Performance

Shares of TTEK stock traded up $0.21 during mid-day trading on Tuesday, reaching $42.30. The stock had a trading volume of 197,667 shares, compared to its average volume of 2,564,739. Tetra Tech has a 1-year low of $27.27 and a 1-year high of $42.41. The business’s fifty day moving average is $35.85 and its 200-day moving average is $35.23. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.45. The firm has a market cap of $11.03 billion, a price-to-earnings ratio of 31.82 and a beta of 0.91.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.31 by $0.04. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $974.28 million. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The business’s revenue for the quarter was down 13.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.35 EPS. 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. On average, research analysts forecast that Tetra Tech will post 1.37 earnings per share for the current year.

Insiders Place Their Bets

In related news, SVP Brian N. Carter sold 9,979 shares of Tetra Tech stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $40.23, for a total transaction of $401,455.17. Following the transaction, the senior vice president owned 46,496 shares in the company, valued at approximately $1,870,534.08. This trade represents a 17.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.49% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. ProShare Advisors LLC increased its position in Tetra Tech by 2.5% during the second quarter. ProShare Advisors LLC now owns 11,684 shares of the industrial products company’s stock worth $420,000 after purchasing an additional 285 shares during the last quarter. First Horizon Corp increased its holdings in shares of Tetra Tech by 50.4% during the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock worth $30,000 after buying an additional 295 shares during the last quarter. US Bancorp DE raised its position in shares of Tetra Tech by 1.7% during the 2nd quarter. US Bancorp DE now owns 18,326 shares of the industrial products company’s stock valued at $659,000 after buying an additional 299 shares during the period. Verdence Capital Advisors LLC raised its position in shares of Tetra Tech by 3.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 8,514 shares of the industrial products company’s stock valued at $285,000 after buying an additional 319 shares during the period. Finally, OneDigital Investment Advisors LLC lifted its holdings in Tetra Tech by 3.7% in the third quarter. OneDigital Investment Advisors LLC now owns 9,162 shares of the industrial products company’s stock valued at $306,000 after acquiring an additional 328 shares during the last quarter. Hedge funds and other 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.