Tetra Tech, Inc. $TTEK Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 1.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,593,261 shares of the industrial products company’s stock after acquiring an additional 48,163 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.37% of Tetra Tech worth $119,947,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Ninety One UK Ltd increased its holdings in 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 valued at $95,809,000 after buying an additional 78,332 shares during the last quarter. PGGM Investments lifted its holdings in Tetra Tech by 32.2% during the 3rd quarter. PGGM Investments now owns 1,099,907 shares of the industrial products company’s stock worth $36,715,000 after buying an additional 268,174 shares during the last quarter. Quadrant Capital Group LLC grew its position in shares of Tetra Tech by 218.6% in the 2nd quarter. Quadrant Capital Group LLC now owns 25,030 shares of the industrial products company’s stock worth $900,000 after acquiring an additional 17,174 shares in the last quarter. LBP AM SA increased its holdings in shares of Tetra Tech by 68.4% in the 3rd quarter. LBP AM SA now owns 345,230 shares of the industrial products company’s stock valued at $11,524,000 after acquiring an additional 140,219 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Tetra Tech by 69.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 906,233 shares of the industrial products company’s stock valued at $32,588,000 after acquiring an additional 370,559 shares during the last quarter. Institutional investors own 93.89% of the company’s stock.

Tetra Tech Trading Up 0.7%

NASDAQ:TTEK opened at $33.78 on Thursday. The firm has a market capitalization of $8.81 billion, a P/E ratio of 25.40 and a beta of 0.90. The business has a 50 day simple moving average of $36.57 and a 200 day simple moving average of $35.12. 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, Inc. has a 12-month low of $27.27 and a 12-month high of $43.14.

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

Tetra Tech Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were given a $0.065 dividend. The ex-dividend date was Thursday, February 12th. This represents a $0.26 annualized dividend and a yield of 0.8%. Tetra Tech’s dividend payout ratio (DPR) is currently 19.55%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on TTEK shares. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Robert W. Baird set a $43.00 target price on shares of Tetra Tech in a report on Thursday, January 29th. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Royal Bank Of Canada reaffirmed 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. Finally, Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective for the company in a research report on Thursday, November 13th. Four equities 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 has a consensus rating of “Moderate Buy” and a consensus price target of $42.60.

Insider Transactions at Tetra Tech

In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president owned 46,496 shares in the company, valued at approximately $1,870,534.08. This represents a 17.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.49% of the stock is owned by insiders.

Tetra Tech 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.