SFE Investment Counsel Has $3.44 Million Stake in Tetra Tech, Inc. $TTEK

SFE Investment Counsel lifted its position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 25.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 102,422 shares of the industrial products company’s stock after buying an additional 20,662 shares during the quarter. SFE Investment Counsel’s holdings in Tetra Tech were worth $3,435,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Bfsg LLC acquired a new position in Tetra Tech in the 3rd quarter valued at $25,000. Root Financial Partners LLC acquired a new stake in shares of Tetra Tech during the third quarter worth $30,000. First Horizon Corp boosted its position in shares of Tetra Tech by 50.4% in the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 295 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of Tetra Tech by 136.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 751 shares in the last quarter. Finally, Danske Bank A S acquired a new position in shares of Tetra Tech in the third quarter valued at about $53,000. 93.89% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Robert W. Baird set a $35.00 price objective on shares of Tetra Tech in a research note on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research report on Monday, April 20th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Tetra Tech currently has a consensus rating of “Moderate Buy” and an average price target of $41.00.

Tetra Tech Stock Down 5.7%

TTEK stock opened at $27.06 on Thursday. The company has a market cap of $7.02 billion, a PE ratio of 16.20 and a beta of 1.00. The business has a 50-day simple moving average of $31.56 and a 200 day simple moving average of $33.97. Tetra Tech, Inc. has a 52 week low of $26.45 and a 52 week high of $43.14. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.47.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period in the prior year, the company posted $0.33 earnings per share. The business’s revenue for the quarter was down 7.7% on a year-over-year basis. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. Sell-side analysts anticipate that Tetra Tech, Inc. will post 1.53 EPS for the current fiscal year.

Tetra Tech Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th will be paid a $0.072 dividend. This represents a $0.29 dividend on an annualized basis and a yield of 1.1%. This is a positive change from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Thursday, May 14th. Tetra Tech’s payout ratio is 16.77%.

Tetra Tech Company 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.