South Dakota Investment Council Has $1.81 Million Stock Position in Tetra Tech, Inc. $TTEK

South Dakota Investment Council lessened its position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 48.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 54,270 shares of the industrial products company’s stock after selling 50,500 shares during the quarter. South Dakota Investment Council’s holdings in Tetra Tech were worth $1,812,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Ninety One UK Ltd boosted its position in Tetra Tech by 2.8% during the third quarter. Ninety One UK Ltd now owns 2,870,244 shares of the industrial products company’s stock valued at $95,809,000 after acquiring an additional 78,332 shares during the last quarter. King Luther Capital Management Corp raised its position 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 in the last quarter. PGGM Investments boosted its position in shares of Tetra Tech by 32.2% during the 3rd quarter. PGGM Investments now owns 1,099,907 shares of the industrial products company’s stock valued at $36,715,000 after purchasing an additional 268,174 shares in the last quarter. Quadrant Capital Group LLC grew its stake in Tetra Tech by 218.6% during the second quarter. Quadrant Capital Group LLC now owns 25,030 shares of the industrial products company’s stock worth $900,000 after purchasing an additional 17,174 shares during the period. Finally, LBP AM SA increased its holdings in Tetra Tech by 68.4% in the third quarter. LBP AM SA now owns 345,230 shares of the industrial products company’s stock worth $11,524,000 after purchasing an additional 140,219 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

Insiders Place Their Bets

In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of Tetra Tech stock in a transaction 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 transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.49% of the company’s stock.

Tetra Tech Trading Down 0.8%

TTEK opened at $36.16 on Thursday. Tetra Tech, Inc. has a fifty-two week low of $27.27 and a fifty-two week high of $43.14. The firm has a market capitalization of $9.43 billion, a PE ratio of 27.19 and a beta of 0.90. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.31 and a quick ratio of 1.31. The company’s 50-day moving average is $36.52 and its 200 day moving average is $35.17.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $974.28 million. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The company’s quarterly revenue was down 13.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.35 EPS. 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. As a group, research analysts predict that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were given a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, February 12th. Tetra Tech’s dividend payout ratio is presently 19.55%.

Analysts Set New Price Targets

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