Tetra Tech, Inc. (NASDAQ:TTEK) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Tetra Tech, Inc. (NASDAQ:TTEK) has received an average recommendation of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $42.60.

TTEK has been the subject of a number of analyst reports. Weiss Ratings restated 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 target on shares of Tetra Tech in a research note on Thursday, January 29th.

Tetra Tech Trading Up 1.2%

Shares of TTEK stock opened at $30.12 on Wednesday. The business’s 50 day moving average is $35.30 and its two-hundred day moving average is $34.61. Tetra Tech has a twelve month low of $27.27 and a twelve month high of $43.14. The company has a market capitalization of $7.86 billion, a P/E ratio of 22.65 and a beta of 0.90. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.45.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, topping 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 analysts’ expectations of $974.28 million. During the same quarter in the prior year, the business earned $0.35 earnings per share. The company’s quarterly 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. Equities analysts forecast that Tetra Tech 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 issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, February 12th. Tetra Tech’s payout ratio is currently 19.55%.

Insider Buying and Selling at Tetra Tech

In related news, SVP Brian N. Carter sold 9,979 shares of the company’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 transaction, the senior vice president owned 46,496 shares of the company’s stock, valued at $1,870,534.08. This represents a 17.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.49% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Tetra Tech

A number of large investors have recently made changes to their positions in the stock. Hsbc Holdings PLC increased its holdings in Tetra Tech by 55.4% in the fourth quarter. Hsbc Holdings PLC now owns 589,538 shares of the industrial products company’s stock valued at $19,882,000 after buying an additional 210,131 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Tetra Tech by 16.5% during the 4th quarter. Pacer Advisors Inc. now owns 69,553 shares of the industrial products company’s stock worth $2,333,000 after acquiring an additional 9,844 shares in the last quarter. Kera Capital Partners Inc. acquired a new stake in shares of Tetra Tech in the 4th quarter worth approximately $350,000. Vancity Investment Management Ltd increased its stake in Tetra Tech by 4.1% in the 4th quarter. Vancity Investment Management Ltd now owns 35,603 shares of the industrial products company’s stock valued at $1,194,000 after purchasing an additional 1,392 shares in the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in Tetra Tech in the 4th quarter valued at approximately $287,000. Hedge funds and other institutional investors own 93.89% of the company’s stock.

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.