Asset Management One Co. Ltd. Reduces Position in Tetra Tech, Inc. $TTEK

Asset Management One Co. Ltd. decreased its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 21.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 179,996 shares of the industrial products company’s stock after selling 50,432 shares during the period. Asset Management One Co. Ltd. owned 0.07% of Tetra Tech worth $6,008,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Brighton Jones LLC bought a new position in Tetra Tech in the 4th quarter worth approximately $225,000. Vident Advisory LLC purchased a new stake in shares of Tetra Tech during the first quarter worth $206,000. AQR Capital Management LLC lifted its position in shares of Tetra Tech by 451.6% during the first quarter. AQR Capital Management LLC now owns 145,077 shares of the industrial products company’s stock worth $4,204,000 after acquiring an additional 118,774 shares in the last quarter. UniSuper Management Pty Ltd bought a new position in shares of Tetra Tech in the first quarter worth $605,000. Finally, Jones Financial Companies Lllp grew its position in shares of Tetra Tech by 6,847.2% in the first quarter. Jones Financial Companies Lllp now owns 69,472 shares of the industrial products company’s stock valued at $2,032,000 after purchasing an additional 68,472 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

Wall Street Analyst Weigh In

TTEK has been the topic of a number of recent research reports. Northcoast Research raised Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock 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. Royal Bank Of Canada reissued an “outperform” rating and issued a $48.00 price target (up from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. National Bank Financial started coverage on shares of Tetra Tech in a research note on Wednesday, October 8th. They set an “outperform” rating and a $41.00 price objective for the company. Finally, Robert W. Baird upped their target price on shares of Tetra Tech from $40.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday, November 13th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $42.20.

Tetra Tech Stock Performance

NASDAQ:TTEK opened at $35.50 on Friday. The stock has a market cap of $9.26 billion, a P/E ratio of 38.17 and a beta of 0.90. 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 business’s 50-day moving average price is $34.08 and its two-hundred day moving average price is $35.08. Tetra Tech, Inc. has a twelve month low of $27.27 and a twelve month high of $42.98.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings data on Wednesday, November 12th. The industrial products company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.40 by $0.05. The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.06 billion. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.Tetra Tech’s revenue was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.38 earnings per share. 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, equities 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 was paid on Friday, December 12th. Stockholders of record on Monday, December 1st were issued a $0.065 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.7%. Tetra Tech’s dividend payout ratio is presently 27.96%.

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.