Northwest & Ethical Investments L.P. Buys Shares of 69,945 Tetra Tech, Inc. $TTEK

Northwest & Ethical Investments L.P. purchased a new position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 69,945 shares of the industrial products company’s stock, valued at approximately $2,515,000.

Several other hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC acquired a new position in Tetra Tech in the 4th quarter valued at $225,000. CWM LLC boosted its holdings in shares of Tetra Tech by 185.3% in the first quarter. CWM LLC now owns 4,414 shares of the industrial products company’s stock valued at $129,000 after acquiring an additional 2,867 shares in the last quarter. AE Wealth Management LLC acquired a new position in shares of Tetra Tech during the first quarter worth about $292,000. Avantax Advisory Services Inc. increased its stake in shares of Tetra Tech by 21.6% during the first quarter. Avantax Advisory Services Inc. now owns 13,895 shares of the industrial products company’s stock worth $406,000 after acquiring an additional 2,468 shares during the period. Finally, Assetmark Inc. raised its holdings in Tetra Tech by 56.0% during the first quarter. Assetmark Inc. now owns 4,451 shares of the industrial products company’s stock worth $130,000 after purchasing an additional 1,597 shares in the last quarter. 93.89% of the stock is owned by institutional investors and hedge funds.

Tetra Tech Trading Up 1.9%

Shares of TTEK stock opened at $34.78 on Thursday. The stock has a market cap of $9.07 billion, a P/E ratio of 43.48 and a beta of 0.96. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.50. Tetra Tech, Inc. has a fifty-two week low of $27.27 and a fifty-two week high of $43.50. The business has a fifty day simple moving average of $33.68 and a 200-day simple moving average of $35.31.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Wednesday, November 12th. The industrial products company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.40 by $0.05. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.06 billion. Tetra Tech had a net margin of 3.94% and a return on equity of 24.70%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.38 EPS. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS. FY 2026 guidance at 1.400-1.550 EPS. On average, analysts forecast that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Monday, December 1st will be given a $0.065 dividend. The ex-dividend date is Monday, December 1st. This represents a $0.26 annualized dividend and a dividend yield of 0.7%. Tetra Tech’s dividend payout ratio is currently 27.96%.

Analysts Set New Price Targets

Several equities analysts have issued reports on TTEK shares. National Bank Financial began coverage on Tetra Tech in a research report on Wednesday, October 8th. They set an “outperform” rating and a $41.00 target price on the stock. Robert W. Baird increased their price objective on Tetra Tech from $40.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, November 13th. Wall Street Zen upgraded shares of Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $48.00 price target (up from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, October 8th. 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, the stock has an average rating of “Moderate Buy” and an average target price of $42.20.

Tetra Tech Profile

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.