Aberdeen Group plc Trims Position in Tetra Tech, Inc. $TTEK

Aberdeen Group plc decreased its holdings in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 3.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,504,307 shares of the industrial products company’s stock after selling 51,404 shares during the quarter. Aberdeen Group plc owned about 0.57% of Tetra Tech worth $50,312,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in TTEK. Bfsg LLC purchased a new position in Tetra Tech during the third quarter worth about $25,000. Financial Consulate Inc. purchased a new position in shares of Tetra Tech during the 3rd quarter worth about $26,000. Root Financial Partners LLC purchased a new position in shares of Tetra Tech during the 3rd quarter worth about $30,000. MAI Capital Management boosted its position in shares of Tetra Tech by 68.1% in the second 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. Finally, True Wealth Design LLC grew 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 period. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total value of $401,455.17. Following the transaction, the senior vice president owned 46,496 shares in the company, valued at $1,870,534.08. The trade was a 17.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.49% of the stock is owned by corporate insiders.

Tetra Tech Stock Performance

Shares of NASDAQ:TTEK opened at $36.69 on Monday. The business’s 50-day simple moving average is $36.18 and its 200 day simple moving average is $35.27. The company has a market cap of $9.57 billion, a P/E ratio of 27.59 and a beta of 0.91. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.31 and a current ratio of 1.31. Tetra Tech, Inc. has a one year low of $27.27 and a one year high of $43.14.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results 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. The firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $974.28 million. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.Tetra Tech’s quarterly revenue was down 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. On average, sell-side analysts forecast that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Thursday, February 12th will be paid 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 yield of 0.7%. Tetra Tech’s payout ratio is 19.55%.

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.