Arrowstreet Capital Limited Partnership Boosts Stock Holdings in Tetra Tech, Inc. $TTEK

Arrowstreet Capital Limited Partnership boosted its position in Tetra Tech, Inc. (NASDAQ:TTEK) by 69.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 906,233 shares of the industrial products company’s stock after purchasing an additional 370,559 shares during the period. Arrowstreet Capital Limited Partnership owned about 0.34% of Tetra Tech worth $32,588,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MAI Capital Management lifted its holdings in shares of Tetra Tech by 68.1% in the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock valued at $31,000 after buying an additional 344 shares during the period. Central Pacific Bank Trust Division acquired a new position in Tetra Tech during the second quarter worth $32,000. Parkside Financial Bank & Trust raised its position in Tetra Tech by 54.5% in the second quarter. Parkside Financial Bank & Trust now owns 987 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 348 shares in the last quarter. SVB Wealth LLC acquired a new stake in Tetra Tech in the first quarter valued at $36,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Tetra Tech by 136.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 751 shares during the period. Institutional investors and hedge funds own 93.89% of the company’s stock.

Tetra Tech Stock Performance

Shares of TTEK opened at $34.14 on Friday. Tetra Tech, Inc. has a 12-month low of $27.27 and a 12-month high of $43.27. The stock has a market cap of $8.90 billion, a P/E ratio of 36.71 and a beta of 0.88. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average of $33.70 and a two-hundred day moving average of $35.29.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings data on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. Tetra Tech had a net margin of 4.55% and a return on equity of 25.79%. The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period last year, the company posted $0.38 EPS. The company’s revenue was up 1.6% on a year-over-year basis. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.400-1.550 EPS. As a group, research analysts predict that Tetra Tech, Inc. will post 1.37 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Monday, December 1st will be issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, December 1st. Tetra Tech’s payout ratio is 27.96%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on TTEK shares. Wall Street Zen upgraded shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Royal Bank Of Canada restated an “outperform” rating and set a $48.00 target price (up from $47.00) on shares of Tetra Tech in a research report on Friday, November 14th. Robert W. Baird increased their target price on shares of Tetra Tech from $40.00 to $41.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, October 8th. Finally, Northcoast Research raised Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Thursday, November 13th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Tetra Tech currently has an average rating of “Moderate Buy” and an average target price of $42.20.

About Tetra Tech

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.