Aquatic Capital Management LLC Sells 41,371 Shares of Tetra Tech, Inc. $TTEK

Aquatic Capital Management LLC trimmed its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 18.1% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 186,888 shares of the industrial products company’s stock after selling 41,371 shares during the quarter. Aquatic Capital Management LLC owned 0.07% of Tetra Tech worth $6,238,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in TTEK. Brighton Jones LLC bought a new position in shares of Tetra Tech during the fourth quarter valued at about $225,000. AQR Capital Management LLC boosted its holdings in 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 period. Goldman Sachs Group Inc. boosted its holdings in Tetra Tech by 136.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock valued at $48,507,000 after acquiring an additional 957,050 shares during the period. Geneos Wealth Management Inc. grew its position in Tetra Tech by 136.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 751 shares during the last quarter. Finally, ProShare Advisors LLC increased its stake in Tetra Tech by 2.5% in the 2nd quarter. ProShare Advisors LLC now owns 11,684 shares of the industrial products company’s stock worth $420,000 after purchasing an additional 285 shares during the period. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Tetra Tech Price Performance

TTEK stock opened at $31.42 on Tuesday. Tetra Tech, Inc. has a 1 year low of $27.27 and a 1 year high of $43.14. The company has a market cap of $8.19 billion, a P/E ratio of 23.62 and a beta of 0.90. The firm has a 50-day moving average of $36.46 and a 200 day moving average of $35.02. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.31 and a quick ratio of 1.31.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.04. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $974.28 million. During the same period in the previous year, the firm posted $0.35 EPS. The business’s revenue 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. On average, sell-side analysts forecast that Tetra Tech, Inc. will post 1.37 EPS for the current year.

Tetra Tech Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were paid a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, February 12th. Tetra Tech’s dividend payout ratio is presently 19.55%.

Analyst Upgrades and Downgrades

TTEK has been the subject of several recent research reports. Wall Street Zen upgraded 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.60.

Insider Transactions at Tetra Tech

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

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.