Compass Wealth Management LLC Takes Position in Tetra Tech, Inc. $TTEK

Compass Wealth Management LLC purchased a new position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 15,125 shares of the industrial products company’s stock, valued at approximately $437,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Horizon Corp increased its holdings in Tetra Tech by 50.4% during the fourth 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. Optas LLC grew its position in shares of Tetra Tech by 2.6% in the 1st quarter. Optas LLC now owns 12,803 shares of the industrial products company’s stock valued at $386,000 after acquiring an additional 330 shares during the period. CIBC Private Wealth Group LLC increased its stake in shares of Tetra Tech by 63.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 341 shares during the last quarter. Larson Financial Group LLC increased its stake in shares of Tetra Tech by 26.9% during the 4th quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock worth $57,000 after purchasing an additional 358 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of Tetra Tech by 8.1% in the 1st quarter. Parallel Advisors LLC now owns 4,799 shares of the industrial products company’s stock valued at $145,000 after purchasing an additional 359 shares during the period. Institutional investors own 93.89% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on TTEK shares. Royal Bank Of Canada dropped their price objective on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Weiss Ratings upgraded Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 7th. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. National Bank Financial dropped their price target on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a research note on Monday, July 13th. Finally, Robert W. Baird set a $37.00 price target on Tetra Tech in a report on Thursday, July 30th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Tetra Tech presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.25.

Tetra Tech Stock Down 1.2%

NASDAQ TTEK opened at $35.40 on Wednesday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. The company has a market cap of $9.06 billion, a price-to-earnings ratio of 21.33 and a beta of 0.90. The company has a 50 day moving average of $31.32 and a 200-day moving average of $31.90. Tetra Tech, Inc. has a 1-year low of $25.81 and a 1-year high of $43.14.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.08 billion. Tetra Tech had a net margin of 8.60% and a return on equity of 22.32%. The business’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 earnings per share. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. On average, equities research analysts expect that Tetra Tech, Inc. will post 1.58 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a $0.072 dividend. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 13th. Tetra Tech’s dividend payout ratio is presently 17.47%.

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.