Jefferies Financial Group Inc. Makes New $938,000 Investment in Tetra Tech, Inc. $TTEK

Jefferies Financial Group Inc. bought a new position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,975 shares of the industrial products company’s stock, valued at approximately $938,000.

Other institutional investors have also recently made changes to their positions in the company. Capital International Inc. CA purchased a new stake in shares of Tetra Tech during the third quarter worth $2,067,000. Impax Asset Management Group plc bought a new position in shares of Tetra Tech in the fourth quarter worth $107,603,000. LGT Group Foundation increased its holdings in shares of Tetra Tech by 6.3% in the third quarter. LGT Group Foundation now owns 2,978,570 shares of the industrial products company’s stock worth $98,859,000 after purchasing an additional 176,302 shares during the period. Capital International Investors increased its holdings in shares of Tetra Tech by 249.1% in the third quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock worth $236,320,000 after purchasing an additional 5,051,485 shares during the period. Finally, Tudor Investment Corp ET AL increased its holdings in shares of Tetra Tech by 585.1% in the third quarter. Tudor Investment Corp ET AL now owns 64,401 shares of the industrial products company’s stock worth $2,150,000 after purchasing an additional 55,001 shares during the period. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a report on Monday, April 20th. Robert W. Baird set a $35.00 price target on shares of Tetra Tech in a report on Thursday, April 30th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Tetra Tech presently has an average rating of “Moderate Buy” and an average target price of $41.00.

Tetra Tech Trading Down 0.8%

Tetra Tech stock opened at $27.49 on Friday. The stock has a market cap of $7.13 billion, a P/E ratio of 16.46 and a beta of 1.00. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.25. Tetra Tech, Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The firm’s fifty day moving average price is $30.03 and its 200-day moving average price is $33.53.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The firm’s revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.33 earnings per share. 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. Equities research analysts forecast that Tetra Tech, Inc. will post 1.53 earnings per share for the current fiscal year.

Tetra Tech Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th will be paid a $0.072 dividend. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, May 14th. Tetra Tech’s payout ratio is currently 17.37%.

Insider Buying and Selling

In other news, Director Jeffrey R. Feeler bought 1,900 shares of Tetra Tech stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average price of $26.41 per share, with a total value of $50,179.00. Following the completion of the purchase, the director directly owned 1,900 shares in the company, valued at $50,179. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.49% of the stock is currently owned by corporate insiders.

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.