Tetra Tech, Inc. $TTEK Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC boosted its position in Tetra Tech, Inc. (NASDAQ:TTEK) by 64.5% in the first quarter, Holdings Channel.com reports. The firm owned 435,175 shares of the industrial products company’s stock after acquiring an additional 170,695 shares during the quarter. SG Americas Securities LLC’s holdings in Tetra Tech were worth $13,107,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in TTEK. First Horizon Corp lifted its position in shares of Tetra Tech by 50.4% during the 4th 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. CIBC Private Wealth Group LLC lifted its position in shares of Tetra Tech by 63.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 341 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Tetra Tech by 136.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 751 shares during the last quarter. Danske Bank A S purchased a new position in Tetra Tech in the 3rd quarter valued at about $53,000. Finally, Larson Financial Group LLC grew its holdings in shares of Tetra Tech by 26.9% during the fourth quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock worth $57,000 after buying an additional 358 shares in the last quarter. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Tetra Tech Stock Up 2.9%

Shares of TTEK opened at $29.26 on Friday. Tetra Tech, Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The company’s fifty day moving average is $28.87 and its two-hundred day moving average is $32.61. The firm has a market cap of $7.59 billion, a PE ratio of 17.52 and a beta of 0.93. 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 released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1 billion. During the same period in the prior year, the firm posted $0.33 EPS. 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. Analysts forecast that Tetra Tech, Inc. will post 1.54 earnings per share for the current year.

Tetra Tech Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th were paid a $0.072 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.29 annualized dividend and a dividend yield of 1.0%. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. Tetra Tech’s dividend payout ratio is presently 17.37%.

Analyst Upgrades and Downgrades

TTEK has been the topic of a number of analyst reports. Weiss Ratings lowered shares of Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Robert W. Baird set a $35.00 price objective on Tetra Tech in a report on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Tetra Tech has a consensus rating of “Moderate Buy” and an average target price of $41.00.

Insider Transactions at Tetra Tech

In other Tetra Tech news, Director Jeffrey R. Feeler bought 1,900 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $26.41 per share, with a total value of $50,179.00. Following the transaction, the director owned 1,900 shares in the company, valued at $50,179. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.49% of the company’s stock.

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.