Algert Global LLC Grows Stock Holdings in Tetra Tech, Inc. $TTEK

Algert Global LLC grew its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 12.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 312,389 shares of the industrial products company’s stock after acquiring an additional 35,740 shares during the period. Algert Global LLC owned about 0.12% of Tetra Tech worth $10,428,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bfsg LLC acquired a new position in shares of Tetra Tech during the third quarter worth about $25,000. Financial Consulate Inc. acquired a new position in Tetra Tech in the 3rd quarter worth $26,000. MAI Capital Management lifted its holdings in Tetra Tech by 68.1% in the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock worth $31,000 after buying an additional 344 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of Tetra Tech in the third quarter worth about $30,000. Finally, True Wealth Design LLC boosted its holdings in Tetra Tech by 228.6% in the third quarter. True Wealth Design LLC now owns 1,012 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 704 shares during the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on TTEK shares. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st. Robert W. Baird set a $43.00 price objective on Tetra Tech in a research note on Thursday, January 29th. Finally, Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Four research 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 presently has an average rating of “Moderate Buy” and an average price target of $42.60.

Tetra Tech Price Performance

Shares of NASDAQ:TTEK opened at $32.18 on Monday. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of 24.20 and a beta of 0.90. 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. The stock’s 50 day moving average price is $36.53 and its 200 day moving average price is $35.06.

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

Tetra Tech Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 12th were issued a $0.065 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $0.26 annualized dividend and a dividend yield of 0.8%. Tetra Tech’s dividend payout ratio is currently 19.55%.

Insider Activity at Tetra Tech

In other news, SVP Brian N. Carter sold 9,979 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $40.23, for a total transaction of $401,455.17. Following the completion of the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.49% of the company’s stock.

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.