Capital International Inc. CA Invests $2.07 Million in Tetra Tech, Inc. $TTEK

Capital International Inc. CA acquired a new stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 61,921 shares of the industrial products company’s stock, valued at approximately $2,067,000.

A number of other large investors have also bought and sold shares of TTEK. Capital International Investors raised its holdings in shares of Tetra Tech by 249.1% during the third quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock worth $236,320,000 after acquiring an additional 5,051,485 shares during the period. Norges Bank acquired a new position in Tetra Tech in the 2nd quarter worth $104,843,000. Corient Private Wealth LLC grew its holdings in shares of Tetra Tech by 84.9% during 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 buying an additional 1,847,087 shares in the last quarter. M&G PLC raised its holdings in shares of Tetra Tech by 150.1% in the second quarter. M&G PLC now owns 2,416,512 shares of the industrial products company’s stock valued at $86,994,000 after purchasing an additional 1,450,420 shares during the last quarter. Finally, Sands Capital Management LLC increased its stake in Tetra Tech by 26.5% in the 2nd quarter. Sands Capital Management LLC now owns 5,200,335 shares of the industrial products company’s stock valued at $187,004,000 after buying an additional 1,089,599 shares during the last quarter. 93.89% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Brian N. Carter sold 9,979 shares of Tetra Tech stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total value of $401,455.17. Following the completion of the sale, the senior vice president owned 46,496 shares of the company’s stock, valued at approximately $1,870,534.08. This trade represents a 17.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.49% of the company’s stock.

Wall Street Analyst Weigh In

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

Tetra Tech Stock Performance

Tetra Tech stock opened at $33.78 on Thursday. The business has a 50 day moving average of $36.57 and a 200-day moving average of $35.12. The company has a market capitalization of $8.81 billion, a P/E ratio of 25.40 and a beta of 0.90. Tetra Tech, Inc. has a 1 year low of $27.27 and a 1 year high of $43.14. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.31 and a quick ratio of 1.31.

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

Tetra Tech Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, February 12th. Tetra Tech’s dividend 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.