Tetra Tech, Inc. (NASDAQ:TTEK) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Tetra Tech, Inc. (NASDAQ:TTEK) have been given a consensus recommendation of “Moderate Buy” by the seven analysts that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $42.60.

Several analysts have recently weighed in on TTEK shares. Robert W. Baird set a $43.00 price objective on Tetra Tech in a report on Thursday. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock in a research note on Thursday, November 13th. National Bank Financial assumed coverage on shares of Tetra Tech in a report on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 target price on the stock. Finally, 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 report on Friday, November 14th.

Hedge Funds Weigh In On Tetra Tech

A number of institutional investors have recently bought and sold shares of the stock. Ninety One UK Ltd lifted its stake in shares of Tetra Tech by 2.8% in the third quarter. Ninety One UK Ltd now owns 2,870,244 shares of the industrial products company’s stock worth $95,809,000 after buying an additional 78,332 shares during the last quarter. King Luther Capital Management Corp lifted its position in Tetra Tech by 6.8% during the 2nd quarter. King Luther Capital Management Corp now owns 1,643,157 shares of the industrial products company’s stock worth $59,088,000 after acquiring an additional 105,286 shares during the last quarter. Bessemer Group Inc. boosted its holdings in Tetra Tech by 24.5% during the second quarter. Bessemer Group Inc. now owns 970,018 shares of the industrial products company’s stock valued at $34,881,000 after acquiring an additional 190,995 shares during the period. Quadrant Capital Group LLC grew its position in shares of Tetra Tech by 218.6% in the second quarter. Quadrant Capital Group LLC now owns 25,030 shares of the industrial products company’s stock valued at $900,000 after purchasing an additional 17,174 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Tetra Tech by 69.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 906,233 shares of the industrial products company’s stock valued at $32,588,000 after purchasing an additional 370,559 shares during the last quarter. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Tetra Tech Stock Performance

TTEK stock opened at $37.63 on Tuesday. The company has a market capitalization of $9.83 billion, a P/E ratio of 28.29 and a beta of 0.91. The company has a quick ratio of 1.18, a current ratio of 1.31 and a debt-to-equity ratio of 0.45. The company has a 50-day simple moving average of $35.23 and a 200 day simple moving average of $35.14. Tetra Tech has a fifty-two week low of $27.27 and a fifty-two week high of $40.88.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $974.28 million. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. Tetra Tech’s revenue was down 13.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.35 EPS. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS. Sell-side analysts predict that Tetra Tech will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 12th will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.7%. Tetra Tech’s payout ratio is 19.55%.

Tetra Tech Company 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.