Tetra Tech, Inc. $TTEK Stock Holdings Reduced by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA decreased its position in Tetra Tech, Inc. (NASDAQ:TTEK) by 21.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,204,346 shares of the industrial products company’s stock after selling 2,984,899 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Tetra Tech were worth $375,811,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in TTEK. Bfsg LLC bought a new position in shares of Tetra Tech in the 3rd quarter valued at approximately $25,000. Financial Consulate Inc. acquired a new position in Tetra Tech during the third quarter valued at approximately $26,000. Root Financial Partners LLC bought a new position in shares of Tetra Tech in the third quarter valued at approximately $30,000. First Horizon Corp raised its position in shares of Tetra Tech by 50.4% in the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 295 shares during the period. Finally, True Wealth Design LLC raised its holdings in Tetra Tech by 228.6% in the 3rd quarter. True Wealth Design LLC now owns 1,012 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 704 shares during the period. 93.89% of the stock is owned by institutional investors.

Insider Activity at Tetra Tech

In related news, SVP Brian N. Carter sold 9,979 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total transaction of $401,455.17. Following the completion of the sale, the senior vice president directly owned 46,496 shares of the company’s stock, valued at $1,870,534.08. The trade was a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.49% of the stock is currently owned by corporate insiders.

Tetra Tech Stock Performance

Shares of NASDAQ TTEK opened at $31.24 on Monday. The business has a fifty day simple moving average of $32.64 and a 200 day simple moving average of $34.19. 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 capitalization of $8.15 billion, a price-to-earnings ratio of 23.49 and a beta of 0.98. Tetra Tech, Inc. has a one year low of $29.57 and a one year high of $43.14.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results 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. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $974.28 million. During the same period in the prior year, the firm earned $0.35 earnings per share. Tetra Tech’s revenue was down 13.4% compared to the same quarter last year. 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. Sell-side analysts expect that Tetra Tech, Inc. will post 1.5 EPS for the current year.

Analysts Set New Price Targets

TTEK has been the topic of several recent analyst reports. Robert W. Baird set a $43.00 price target on Tetra Tech in a research report on Thursday, January 29th. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research report on Monday, April 20th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Tetra Tech presently has a consensus rating of “Moderate Buy” and a consensus price target of $42.60.

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.