Nisa Investment Advisors LLC Sells 28,900 Shares of Tetra Tech, Inc. $TTEK

Nisa Investment Advisors LLC lessened its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 22.1% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 101,844 shares of the industrial products company’s stock after selling 28,900 shares during the period. Nisa Investment Advisors LLC’s holdings in Tetra Tech were worth $3,400,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ninety One UK Ltd lifted its position in Tetra Tech by 2.8% in the 3rd quarter. Ninety One UK Ltd now owns 2,870,244 shares of the industrial products company’s stock worth $95,809,000 after buying an additional 78,332 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Tetra Tech by 38.7% during the second quarter. Parallel Advisors LLC now owns 4,408 shares of the industrial products company’s stock worth $159,000 after acquiring an additional 1,231 shares in the last quarter. King Luther Capital Management Corp lifted its holdings in shares of Tetra Tech by 6.8% in the 2nd quarter. King Luther Capital Management Corp now owns 1,643,157 shares of the industrial products company’s stock worth $59,088,000 after acquiring an additional 105,286 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of Tetra Tech by 24.5% in the 2nd quarter. Bessemer Group Inc. now owns 970,018 shares of the industrial products company’s stock valued at $34,881,000 after purchasing an additional 190,995 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Tetra Tech by 69.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 906,233 shares of the industrial products company’s stock valued at $32,588,000 after purchasing an additional 370,559 shares in the last quarter. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TTEK has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, October 8th. Northcoast Research upgraded Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price for the company in a report on Thursday, November 13th. National Bank Financial started coverage on Tetra Tech in a research note on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price target on the stock. Finally, Robert W. Baird increased their price objective on Tetra Tech from $40.00 to $41.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $42.20.

Tetra Tech Stock Down 1.3%

NASDAQ TTEK opened at $35.85 on Tuesday. Tetra Tech, Inc. has a 1 year low of $27.27 and a 1 year high of $42.98. The stock has a market capitalization of $9.35 billion, a PE ratio of 38.55 and a beta of 0.90. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18. The business’s 50-day moving average is $34.24 and its 200 day moving average is $35.08.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.05. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the business posted $0.38 EPS. The business’s revenue was up 1.6% on a year-over-year basis. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.400-1.550 EPS. Sell-side analysts forecast that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Monday, December 1st were issued a $0.065 dividend. The ex-dividend date was Monday, December 1st. This represents a $0.26 annualized dividend and a yield of 0.7%. Tetra Tech’s dividend payout ratio is 27.96%.

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.