Tetra Tech, Inc. $TTEK Shares Purchased by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. lifted its stake in Tetra Tech, Inc. (NASDAQ:TTEK) by 365.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,678 shares of the industrial products company’s stock after purchasing an additional 27,234 shares during the period. Lecap Asset Management Ltd.’s holdings in Tetra Tech were worth $1,163,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Sands Capital Management LLC increased its holdings in Tetra Tech by 38.0% during the 3rd quarter. Sands Capital Management LLC now owns 7,179,032 shares of the industrial products company’s stock valued at $239,636,000 after acquiring an additional 1,978,697 shares in the last quarter. Capital International Investors increased its holdings in Tetra Tech by 249.1% during the 3rd quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock valued at $236,320,000 after acquiring an additional 5,051,485 shares in the last quarter. Alliancebernstein L.P. increased its holdings in Tetra Tech by 12.0% during the 3rd quarter. Alliancebernstein L.P. now owns 6,581,244 shares of the industrial products company’s stock valued at $219,682,000 after acquiring an additional 705,673 shares in the last quarter. Corient Private Wealth LLC increased its holdings in Tetra Tech by 84.9% during the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after acquiring an additional 1,847,087 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Tetra Tech by 1.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,593,261 shares of the industrial products company’s stock valued at $119,947,000 after acquiring an additional 48,163 shares in the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

Tetra Tech Stock Performance

Shares of NASDAQ TTEK opened at $31.61 on Friday. The company has a market cap of $8.24 billion, a PE ratio of 23.77 and a beta of 0.98. Tetra Tech, Inc. has a 12 month low of $29.57 and a 12 month high of $43.14. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.31 and a quick ratio of 1.31. The company has a 50-day simple moving average of $33.44 and a 200-day simple moving average of $34.27.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings results on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $974.28 million. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The company’s quarterly revenue was down 13.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.35 earnings per share. 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, equities analysts anticipate that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

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

Insider Activity

In related news, SVP Brian N. Carter sold 9,979 shares of the firm’s stock in a transaction that occurred 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 sale, the senior vice president directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on TTEK shares. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st. Robert W. Baird set a $43.00 price target on shares of Tetra Tech in a report on Thursday, January 29th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $42.60.

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.