Analysts Set Tetra Tech, Inc. (NASDAQ:TTEK) Price Target at $42.60

Tetra Tech, Inc. (NASDAQ:TTEK) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $42.60.

A number of equities research analysts recently commented on TTEK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research report on Monday. Robert W. Baird set a $43.00 target price on Tetra Tech in a research report on Thursday, January 29th.

Insider Transactions at Tetra Tech

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

Institutional Investors Weigh In On Tetra Tech

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Impact Partnership Wealth LLC purchased a new stake in Tetra Tech during the first quarter valued at approximately $435,000. Louisbourg Investments Inc. purchased a new stake in Tetra Tech during the first quarter valued at approximately $3,613,000. Louisiana State Employees Retirement System purchased a new stake in Tetra Tech during the first quarter valued at approximately $2,277,000. Blue Trust Inc. raised its position in Tetra Tech by 256.2% during the first quarter. Blue Trust Inc. now owns 5,706 shares of the industrial products company’s stock valued at $172,000 after purchasing an additional 4,104 shares during the period. Finally, Fifth Third Wealth Advisors LLC raised its position in Tetra Tech by 67.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 14,448 shares of the industrial products company’s stock valued at $435,000 after purchasing an additional 5,824 shares during the period. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Tetra Tech Price Performance

NASDAQ:TTEK opened at $31.33 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $8.17 billion, a P/E ratio of 23.56 and a beta of 0.98. Tetra Tech has a 12 month low of $29.57 and a 12 month high of $43.14. The business’s 50-day moving average is $32.75 and its 200 day moving average is $34.21.

Tetra Tech (NASDAQ:TTEK) last posted its 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 company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $974.28 million. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The firm’s revenue for the quarter was down 13.4% on a year-over-year basis. During the same period in the previous year, the business earned $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 research analysts forecast that Tetra Tech will post 1.5 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 12th were given a dividend of $0.065 per share. 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 dividend payout ratio is 19.55%.

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.