Tetra Tech, Inc. $TTEK Shares Bought by AIA Group Ltd

AIA Group Ltd grew its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 18.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,977 shares of the industrial products company’s stock after acquiring an additional 16,985 shares during the period. AIA Group Ltd’s holdings in Tetra Tech were worth $3,638,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of TTEK. Bfsg LLC purchased a new position in shares of Tetra Tech in the 3rd quarter valued at about $25,000. Financial Consulate Inc. purchased a new stake in shares of Tetra Tech during the third quarter worth approximately $26,000. Root Financial Partners LLC purchased a new stake in shares of Tetra Tech during the third quarter worth approximately $30,000. MAI Capital Management raised its holdings in Tetra Tech by 68.1% in the second quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 344 shares in the last quarter. Finally, True Wealth Design LLC lifted its stake 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 worth $34,000 after acquiring an additional 704 shares during the last quarter. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Insider Activity at Tetra Tech

In related 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 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 legal filing with the SEC, which is available at the SEC website. Insiders own 0.49% of the company’s stock.

Tetra Tech Trading Up 0.4%

TTEK opened at $30.91 on Friday. 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, Inc. has a 52 week low of $27.27 and a 52 week high of $43.14. The business’s 50 day moving average is $36.25 and its two-hundred day moving average is $34.93. The firm has a market cap of $8.06 billion, a price-to-earnings ratio of 23.24 and a beta of 0.90.

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 during the quarter, compared to the consensus estimate of $974.28 million. During the same period in the prior year, the company earned $0.35 earnings per share. The company’s revenue was down 13.4% compared to the same quarter last year. 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, research analysts predict that Tetra Tech, Inc. will post 1.37 EPS for the current year.

Tetra Tech Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 12th were paid a $0.065 dividend. The ex-dividend date was Thursday, February 12th. This represents a $0.26 dividend on an annualized basis and a yield of 0.8%. Tetra Tech’s payout ratio is currently 19.55%.

Wall Street Analyst Weigh In

A number of brokerages have commented on TTEK. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Robert W. Baird set a $43.00 price objective on shares of Tetra Tech in a research report on Thursday, January 29th. Finally, Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.60.

About Tetra Tech

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.