107,892 Shares in Tetra Tech, Inc. $TTEK Bought by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. purchased a new stake in Tetra Tech, Inc. (NASDAQ:TTEK) during the second quarter, HoldingsChannel.com reports. The fund purchased 107,892 shares of the industrial products company’s stock, valued at approximately $3,117,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. First Horizon Corp raised its position in shares of Tetra Tech by 50.4% during the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 295 shares in the last quarter. CIBC Private Wealth Group LLC raised its holdings in Tetra Tech by 63.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 341 shares in the last quarter. OP Asset Management Ltd purchased a new stake in shares of Tetra Tech during the 1st quarter worth approximately $34,000. Evelyn Partners Investment Management Services Ltd purchased a new position in shares of Tetra Tech in the 1st quarter valued at $35,000. Finally, Geneos Wealth Management Inc. raised its stake in Tetra Tech by 136.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 751 shares in the last quarter. 93.89% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have issued reports on TTEK. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Weiss Ratings raised Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Robert W. Baird set a $37.00 price target on Tetra Tech in a research report on Thursday, July 30th. Royal Bank Of Canada reduced their price objective on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Finally, National Bank Financial lowered their target price on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $38.25.

Tetra Tech Stock Performance

Shares of TTEK stock opened at $36.57 on Friday. Tetra Tech, Inc. has a 52-week low of $25.81 and a 52-week high of $43.14. The stock’s 50-day moving average price is $31.68 and its 200 day moving average price is $31.88. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $9.36 billion, a PE ratio of 22.03 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%.The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the company posted $0.43 earnings per share. The company’s revenue for the quarter was down 4.4% compared to the same quarter last year. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. As a group, equities research analysts forecast that Tetra Tech, Inc. will post 1.58 EPS for the current year.

Tetra Tech Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a $0.072 dividend. This represents a $0.29 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 13th. Tetra Tech’s dividend payout ratio (DPR) is 17.47%.

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.