PFG Investments LLC Makes New $935,000 Investment in Tetra Tech, Inc. $TTEK

PFG Investments LLC purchased a new stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 31,058 shares of the industrial products company’s stock, valued at approximately $935,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. First Horizon Corp increased its holdings in Tetra Tech by 50.4% in the 4th 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 last quarter. CIBC Private Wealth Group LLC boosted its position in shares of Tetra Tech by 63.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock worth $30,000 after buying an additional 341 shares during the period. OP Asset Management Ltd acquired a new stake in shares of Tetra Tech in the first quarter valued at $34,000. Geneos Wealth Management Inc. grew its stake in shares of Tetra Tech by 136.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after buying an additional 751 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in shares of Tetra Tech in the 3rd quarter valued at $53,000. 93.89% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on TTEK shares. Robert W. Baird set a $35.00 target price on Tetra Tech in a research note on Thursday, April 30th. Weiss Ratings lowered shares of Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $41.00.

Insider Transactions at Tetra Tech

In other news, Director Jeffrey R. Feeler purchased 1,900 shares of the stock in a transaction on Friday, May 15th. The stock was bought at an average price of $26.41 per share, for a total transaction of $50,179.00. Following the acquisition, the director directly owned 1,900 shares of the company’s stock, valued at approximately $50,179. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.49% of the stock is owned by corporate insiders.

Tetra Tech Stock Down 0.3%

TTEK traded down $0.09 on Tuesday, hitting $31.06. 220,738 shares of the company were exchanged, compared to its average volume of 3,208,239. The firm has a 50-day moving average price of $28.64 and a two-hundred day moving average price of $32.41. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Tetra Tech, Inc. has a twelve month low of $25.81 and a twelve month high of $43.14. The company has a market cap of $8.06 billion, a price-to-earnings ratio of 18.56 and a beta of 0.92.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter last year, the company earned $0.33 EPS. Tetra Tech’s revenue for the quarter was down 7.7% compared to the same quarter last year. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. On average, equities analysts predict that Tetra Tech, Inc. will post 1.54 earnings per share for the current year.

Tetra Tech Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th were paid a $0.072 dividend. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, May 14th. Tetra Tech’s payout ratio is presently 17.37%.

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.