Brokerages Set Tetra Tech, Inc. (NASDAQ:TTEK) PT at $42.60

Shares of Tetra Tech, Inc. (NASDAQ:TTEK) have earned an average rating of “Moderate Buy” from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $42.60.

A number of equities analysts have recently issued reports on TTEK shares. Robert W. Baird set a $43.00 target price on Tetra Tech in a report on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st.

Tetra Tech Price Performance

NASDAQ:TTEK opened at $29.78 on Wednesday. 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 company has a 50-day moving average of $35.56 and a 200-day moving average of $34.71. Tetra Tech has a 52 week low of $27.27 and a 52 week high of $43.14. The company has a market capitalization of $7.77 billion, a price-to-earnings ratio of 22.39 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK) last posted its 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 net margin of 6.73% and a return on equity of 23.84%. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $974.28 million. During the same quarter in the previous year, the firm posted $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. As a group, equities research analysts anticipate that Tetra Tech will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were paid a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Thursday, February 12th. Tetra Tech’s payout ratio is currently 19.55%.

Insider Buying and Selling at Tetra Tech

In other 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 sale, the senior vice president owned 46,496 shares of the company’s stock, 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 through the SEC website. Insiders own 0.49% of the company’s stock.

Hedge Funds Weigh In On Tetra Tech

Several institutional investors have recently added to or reduced their stakes in the company. Bfsg LLC acquired a new stake in shares of Tetra Tech during the third quarter worth approximately $25,000. Financial Consulate Inc. bought a new stake in Tetra Tech during the 3rd quarter worth approximately $26,000. MAI Capital Management grew its position in Tetra Tech by 68.1% during the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 344 shares during the last quarter. First Horizon Corp increased its holdings in Tetra Tech by 50.4% during the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 295 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in Tetra Tech by 63.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 341 shares during the last quarter. 93.89% of the stock is owned by institutional investors.

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.