Bessemer Group Inc. Has $46.22 Million Stock Holdings in Tetra Tech, Inc. $TTEK

Bessemer Group Inc. raised its stake in Tetra Tech, Inc. (NASDAQ:TTEK) by 42.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,384,599 shares of the industrial products company’s stock after buying an additional 414,581 shares during the quarter. Bessemer Group Inc. owned about 0.53% of Tetra Tech worth $46,219,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in TTEK. Bfsg LLC bought a new position in Tetra Tech during the 3rd quarter worth about $25,000. Financial Consulate Inc. acquired a new position in shares of Tetra Tech during the third quarter worth about $26,000. MAI Capital Management grew its holdings in shares of Tetra Tech by 68.1% during the second quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock worth $31,000 after buying an additional 344 shares in the last quarter. Root Financial Partners LLC bought a new stake in Tetra Tech in the 3rd quarter valued at approximately $30,000. Finally, Parkside Financial Bank & Trust lifted its stake in Tetra Tech by 54.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 987 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 348 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Robert W. Baird set a $43.00 price objective on shares of Tetra Tech in a research report on Thursday, January 29th. Royal Bank Of Canada reissued an “outperform” rating and set a $48.00 price target (up from $47.00) on shares of Tetra Tech in a research report on Friday, November 14th. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Northcoast Research raised Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a research report on Thursday, November 13th. Finally, Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Tetra Tech presently has a consensus rating of “Moderate Buy” and an average price target of $42.60.

Tetra Tech Trading Down 0.0%

Tetra Tech stock opened at $40.70 on Friday. The stock has a 50-day simple moving average of $35.57 and a 200 day simple moving average of $35.22. The stock has a market capitalization of $10.61 billion, a P/E ratio of 30.60 and a beta of 0.91. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.18 and a current ratio of 1.31. Tetra Tech, Inc. has a 52 week low of $27.27 and a 52 week high of $41.32.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.04. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $974.28 million. During the same quarter in the prior year, the company earned $0.35 earnings per share. The business’s revenue for the quarter 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. Analysts expect 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 will be paid on Friday, February 27th. Stockholders of record on Thursday, February 12th will be given a $0.065 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $0.26 annualized dividend and a dividend yield of 0.6%. Tetra Tech’s dividend payout ratio is presently 19.55%.

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.