12,739 Shares in Tetra Tech, Inc. $TTEK Purchased by AdvisorShares Investments LLC

AdvisorShares Investments LLC bought a new stake in Tetra Tech, Inc. (NASDAQ:TTEK) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 12,739 shares of the industrial products company’s stock, valued at approximately $425,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of TTEK. Norges Bank acquired a new position in shares of Tetra Tech in the second quarter valued at approximately $104,843,000. Corient Private Wealth LLC boosted its position in Tetra Tech by 84.9% in the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after buying an additional 1,847,087 shares during the period. M&G PLC grew its stake in shares of Tetra Tech by 150.1% in the second quarter. M&G PLC now owns 2,416,512 shares of the industrial products company’s stock worth $86,994,000 after acquiring an additional 1,450,420 shares in the last quarter. Sands Capital Management LLC grew its stake in shares of Tetra Tech by 26.5% in the second quarter. Sands Capital Management LLC now owns 5,200,335 shares of the industrial products company’s stock worth $187,004,000 after acquiring an additional 1,089,599 shares in the last quarter. Finally, Bornite Capital Management LP purchased a new stake in shares of Tetra Tech during the second quarter worth $36,970,000. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Tetra Tech Stock Performance

Shares of TTEK opened at $41.29 on Monday. The company has a market capitalization of $10.77 billion, a price-to-earnings ratio of 31.05 and a beta of 0.91. Tetra Tech, Inc. has a 52-week low of $27.27 and a 52-week high of $41.81. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.45. The stock has a 50 day moving average price of $35.70 and a 200 day moving average price of $35.21.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, topping 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 company had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $974.28 million. During the same quarter 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. Research analysts predict that Tetra Tech, Inc. will post 1.37 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Thursday, February 12th will be issued a dividend of $0.065 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $0.26 annualized dividend and a dividend yield of 0.6%. Tetra Tech’s dividend payout ratio (DPR) is presently 19.55%.

Insider Activity at Tetra Tech

In other news, SVP Brian N. Carter sold 9,979 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $40.23, for a total value of $401,455.17. Following the completion of the sale, the senior vice president directly owned 46,496 shares of the company’s stock, valued at approximately $1,870,534.08. The trade was a 17.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.49% of the company’s stock.

Analysts Set New Price Targets

TTEK has been the subject of several analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Robert W. Baird set a $43.00 target price on shares of Tetra Tech in a research note on Thursday, January 29th. Northcoast Research upgraded shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a research note on Thursday, November 13th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $48.00 price target (up previously from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Tetra Tech has an average rating of “Moderate Buy” and an average price target of $42.60.

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.