Robeco Schweiz AG Has $78.72 Million Holdings in Tetra Tech, Inc. $TTEK

Robeco Schweiz AG trimmed its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 1.3% during the fourth quarter, HoldingsChannel reports. The fund owned 2,347,104 shares of the industrial products company’s stock after selling 31,916 shares during the period. Tetra Tech comprises about 1.8% of Robeco Schweiz AG’s investment portfolio, making the stock its 16th largest position. Robeco Schweiz AG’s holdings in Tetra Tech were worth $78,722,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Capital International Investors raised its stake in shares of Tetra Tech by 249.1% in the 3rd quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock valued at $236,320,000 after purchasing an additional 5,051,485 shares during the period. Impax Asset Management Group plc acquired a new position in shares of Tetra Tech during the fourth quarter worth about $107,603,000. Sands Capital Management LLC grew its holdings in shares of Tetra Tech by 38.0% during the third quarter. Sands Capital Management LLC now owns 7,179,032 shares of the industrial products company’s stock worth $239,636,000 after buying an additional 1,978,697 shares in the last quarter. Corient Private Wealth LLC raised its position in Tetra Tech by 84.9% in the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after buying an additional 1,847,087 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Tetra Tech by 136.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock valued at $48,507,000 after acquiring an additional 957,050 shares in the last quarter. 93.89% of the stock is owned by institutional investors.

Tetra Tech Stock Performance

Shares of TTEK opened at $31.04 on Thursday. The company has a market cap of $8.05 billion, a PE ratio of 18.58 and a beta of 1.00. The firm has a 50-day moving average of $32.11 and a 200-day moving average of $34.11. Tetra Tech, Inc. has a one year low of $29.57 and a one year high of $43.14. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.31.

Tetra Tech (NASDAQ:TTEK) last issued its 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 net margin of 8.58% and a return on equity of 22.89%. The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same period in the prior year, the firm earned $0.33 EPS. Tetra Tech’s quarterly revenue 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. As a group, equities analysts forecast that Tetra Tech, Inc. will post 1.53 earnings per share for the current year.

Tetra Tech Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th will be given a $0.072 dividend. The ex-dividend date of this dividend is Thursday, May 14th. This is a positive change from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.9%. Tetra Tech’s payout ratio is 15.57%.

Analysts Set New Price Targets

TTEK has been the topic of a number of recent research reports. Robert W. Baird set a $35.00 price objective on shares of Tetra Tech in a report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $41.00.

Tetra Tech 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.