iA Global Asset Management Inc. Cuts Stock Holdings in Tetra Tech, Inc. $TTEK

iA Global Asset Management Inc. reduced its position in Tetra Tech, Inc. (NASDAQ:TTEK) by 3.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 920,130 shares of the industrial products company’s stock after selling 29,601 shares during the period. iA Global Asset Management Inc. owned about 0.35% of Tetra Tech worth $30,714,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TTEK. Brighton Jones LLC purchased a new stake in shares of Tetra Tech during the fourth quarter valued at $225,000. AQR Capital Management LLC boosted its holdings in shares of Tetra Tech by 451.6% during the 1st quarter. AQR Capital Management LLC now owns 145,077 shares of the industrial products company’s stock valued at $4,204,000 after acquiring an additional 118,774 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Tetra Tech by 136.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock worth $48,507,000 after acquiring an additional 957,050 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Tetra Tech by 136.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 751 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in Tetra Tech by 13.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 21,699 shares of the industrial products company’s stock worth $794,000 after purchasing an additional 2,547 shares during the last quarter. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on TTEK shares. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, October 8th. Royal Bank Of Canada reissued an “outperform” rating and issued a $48.00 target price (up previously from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a research note on Sunday, November 23rd. National Bank Financial began coverage on shares of Tetra Tech in a research note on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price objective on the stock. Finally, 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 report on Thursday, November 13th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Tetra Tech currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.20.

Tetra Tech Stock Up 1.2%

TTEK opened at $37.15 on Friday. Tetra Tech, Inc. has a fifty-two week low of $27.27 and a fifty-two week high of $41.89. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a market cap of $9.70 billion, a price-to-earnings ratio of 39.95 and a beta of 0.90. The firm’s fifty day moving average is $34.88 and its 200 day moving average is $35.14.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, November 12th. The industrial products company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.05. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.06 billion. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period last year, the firm earned $0.38 earnings per share. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.400-1.550 EPS. On average, sell-side analysts forecast that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Monday, December 1st were issued a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, December 1st. Tetra Tech’s payout ratio is 27.96%.

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.