SG Americas Securities LLC increased its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK – Free Report) by 178.3% during the 4th quarter, Holdings Channel reports. The fund owned 264,480 shares of the industrial products company’s stock after acquiring an additional 169,434 shares during the period. SG Americas Securities LLC’s holdings in Tetra Tech were worth $8,871,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Diversified Trust Co. increased its stake in Tetra Tech by 74.3% in the fourth quarter. Diversified Trust Co. now owns 17,995 shares of the industrial products company’s stock valued at $604,000 after purchasing an additional 7,669 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in shares of Tetra Tech by 43.3% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 15,464 shares of the industrial products company’s stock valued at $519,000 after buying an additional 4,674 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Tetra Tech by 159.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 65,488 shares of the industrial products company’s stock valued at $2,276,000 after buying an additional 40,282 shares during the period. NorthCrest Asset Manangement LLC bought a new stake in Tetra Tech in the 4th quarter valued at about $233,000. Finally, Sarasin & Partners LLP raised its stake in Tetra Tech by 0.3% during the 4th quarter. Sarasin & Partners LLP now owns 411,062 shares of the industrial products company’s stock worth $13,787,000 after buying an additional 1,339 shares during the period. 93.89% of the stock is owned by institutional investors.
Analyst Ratings Changes
TTEK has been the topic of several recent research reports. Robert W. Baird set a $43.00 price target on Tetra Tech in a report on Thursday, January 29th. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Tetra Tech has an average rating of “Moderate Buy” and a consensus price target of $42.60.
Tetra Tech Price Performance
Shares of NASDAQ TTEK opened at $29.76 on Tuesday. The stock has a market cap of $7.76 billion, a price-to-earnings ratio of 22.38 and a beta of 0.90. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.31 and a current ratio of 1.31. Tetra Tech, Inc. has a fifty-two week low of $27.27 and a fifty-two week high of $43.14. The firm’s 50-day simple moving average is $35.41 and its 200 day simple moving average is $34.66.
Tetra Tech (NASDAQ:TTEK – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $974.28 million. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The company’s revenue for the quarter was down 13.4% on a year-over-year basis. During the same period in the previous year, the company posted $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. As a group, research analysts anticipate that Tetra Tech, Inc. 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 was paid on Friday, February 27th. Investors of record on Thursday, February 12th were issued a dividend of $0.065 per share. The ex-dividend date was Thursday, February 12th. This represents a $0.26 annualized dividend and a yield of 0.9%. Tetra Tech’s dividend payout ratio is 19.55%.
Insider Buying and Selling
In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of the firm’s stock in a transaction 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 directly owned 46,496 shares in the company, valued at approximately $1,870,534.08. This trade represents a 17.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.49% 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.
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