Tetra Tech, Inc. $TTEK Shares Purchased by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC boosted its stake in Tetra Tech, Inc. (NASDAQ:TTEK) by 28.3% in the first quarter, Holdings Channel reports. The fund owned 122,955 shares of the industrial products company’s stock after buying an additional 27,117 shares during the quarter. Rice Hall James & Associates LLC’s holdings in Tetra Tech were worth $3,703,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Capital International Investors lifted its position in shares of Tetra Tech by 27.4% during the fourth quarter. Capital International Investors now owns 9,016,577 shares of the industrial products company’s stock worth $302,416,000 after purchasing an additional 1,936,902 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Tetra Tech by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 5,082,342 shares of the industrial products company’s stock valued at $170,496,000 after purchasing an additional 52,375 shares during the period. Corient Private Wealth LLC grew its holdings in Tetra Tech by 84.9% during 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 purchasing an additional 1,847,087 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Tetra Tech by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,789,240 shares of the industrial products company’s stock valued at $114,128,000 after purchasing an additional 112,560 shares in the last quarter. Finally, Norges Bank purchased a new stake in Tetra Tech during the 4th quarter worth $115,162,000. Institutional investors and hedge funds own 93.89% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Wall Street Zen lowered shares of Tetra Tech from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Robert W. Baird set a $35.00 target price on Tetra Tech in a research note on Thursday, April 30th. Royal Bank Of Canada dropped their target price on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Weiss Ratings cut Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Finally, National Bank Financial reduced their price target on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $38.80.

Tetra Tech Price Performance

NASDAQ:TTEK opened at $31.71 on Monday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The stock has a 50 day moving average of $28.96 and a 200-day moving average of $32.11. The firm has a market capitalization of $8.23 billion, a PE ratio of 18.99 and a beta of 0.92. Tetra Tech, Inc. has a 52 week low of $25.81 and a 52 week high of $43.14.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data 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. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The business’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.33 EPS. 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. Analysts predict that Tetra Tech, Inc. will post 1.54 EPS for the current year.

Insider Activity

In other news, Director Jeffrey R. Feeler purchased 1,900 shares of Tetra Tech stock in a transaction dated Friday, May 15th. The stock was bought at an average price of $26.41 per share, with a total value of $50,179.00. Following the completion of the acquisition, the director owned 1,900 shares in the company, valued at $50,179. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.49% of the company’s stock.

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.