Tetra Tech (NASDAQ:TTEK) SVP Sells $401,455.17 in Stock

Tetra Tech, Inc. (NASDAQ:TTEK) SVP Brian Carter sold 9,979 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total transaction of $401,455.17. Following the transaction, the senior vice president owned 46,496 shares in the company, valued at $1,870,534.08. This trade represents a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Tetra Tech Stock Up 1.4%

NASDAQ:TTEK opened at $41.29 on Monday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.31 and a current ratio of 1.31. The stock has a 50-day simple moving average of $35.70 and a 200 day simple moving average of $35.21. Tetra Tech, Inc. has a one year low of $27.27 and a one year high of $41.81. The company has a market capitalization of $10.77 billion, a price-to-earnings ratio of 31.05 and a beta of 0.91.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $974.28 million. During the same period in the previous year, the business earned $0.35 EPS. The business’s quarterly revenue was down 13.4% on a year-over-year basis. 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, Inc. will post 1.37 EPS for the current fiscal year.

Tetra Tech Dividend Announcement

The business also recently declared 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. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, February 12th. Tetra Tech’s dividend payout ratio is presently 19.55%.

Wall Street Analyst Weigh In

TTEK has been the subject of several recent analyst reports. Northcoast Research upgraded shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price for the company in a research report on Thursday, November 13th. Royal Bank Of Canada restated an “outperform” rating and issued a $48.00 price objective (up previously from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. Robert W. Baird set a $43.00 target price on shares of Tetra Tech in a research note on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Finally, Wall Street Zen upgraded shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $42.60.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Sands Capital Management LLC raised its stake in shares of Tetra Tech by 38.0% in the 3rd quarter. Sands Capital Management LLC now owns 7,179,032 shares of the industrial products company’s stock valued at $239,636,000 after acquiring an additional 1,978,697 shares in the last quarter. Capital International Investors lifted its stake in shares of Tetra Tech by 249.1% in the third quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock valued at $236,320,000 after buying an additional 5,051,485 shares during the period. Alliancebernstein L.P. lifted its position in shares of Tetra Tech by 12.0% in the 3rd quarter. Alliancebernstein L.P. now owns 6,581,244 shares of the industrial products company’s stock worth $219,682,000 after acquiring an additional 705,673 shares during the period. Corient Private Wealth LLC lifted its position in Tetra Tech by 84.9% in the second quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock worth $147,095,000 after purchasing an additional 1,847,087 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Tetra Tech by 1.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,593,261 shares of the industrial products company’s stock worth $119,947,000 after acquiring an additional 48,163 shares during the period. Institutional investors own 93.89% of the company’s stock.

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.