KeyCorp Analysts Increase Earnings Estimates for Tetra Tech

Tetra Tech, Inc. (NASDAQ:TTEK) – Investment analysts at KeyCorp raised their FY2027 earnings per share estimates for shares of Tetra Tech in a research report issued to clients and investors on Tuesday, April 14th. KeyCorp analyst S. Jain now forecasts that the industrial products company will post earnings per share of $1.74 for the year, up from their prior forecast of $1.73. The consensus estimate for Tetra Tech’s current full-year earnings is $1.37 per share.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results 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 firm had revenue of $1.21 billion for 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 quarterly revenue was down 13.4% compared to the same quarter last year. During the same quarter last year, the business 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.

TTEK has been the topic of a number of other research reports. 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 price target on Tetra Tech in a research note on Thursday, January 29th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Tetra Tech has an average rating of “Moderate Buy” and an average price target of $42.60.

Tetra Tech Trading Down 0.1%

NASDAQ:TTEK opened at $31.63 on Thursday. The stock’s 50 day moving average price is $33.63 and its 200 day moving average price is $34.28. The company has a market capitalization of $8.25 billion, a PE ratio of 23.78 and a beta of 0.98. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.45. Tetra Tech has a 52-week low of $29.57 and a 52-week high of $43.14.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ninety One UK Ltd grew its stake in shares of Tetra Tech by 2.8% in the 3rd quarter. Ninety One UK Ltd now owns 2,870,244 shares of the industrial products company’s stock valued at $95,809,000 after purchasing an additional 78,332 shares during the last quarter. Capital International Inc. CA purchased a new position in shares of Tetra Tech in the 3rd quarter valued at approximately $2,067,000. PGGM Investments grew its stake in shares of Tetra Tech by 32.2% in the 3rd quarter. PGGM Investments now owns 1,099,907 shares of the industrial products company’s stock valued at $36,715,000 after purchasing an additional 268,174 shares during the last quarter. Capital International Investors lifted its holdings in shares of Tetra Tech by 249.1% in the 3rd 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. Finally, LBP AM SA lifted 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 buying an additional 140,219 shares during the period. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Tetra Tech

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

Tetra Tech Announces Dividend

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