Tetra Tech (NASDAQ:TTEK) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Tetra Tech (NASDAQ:TTEK) posted its earnings results on Wednesday. The industrial products company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.40 by $0.02, Zacks reports. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. Tetra Tech updated its Q4 2026 guidance to 0.450-0.480 EPS and its FY 2026 guidance to 1.560-1.590 EPS.

Tetra Tech Trading Up 0.8%

Shares of TTEK traded up $0.27 during trading hours on Wednesday, hitting $33.78. The company had a trading volume of 7,107,529 shares, compared to its average volume of 3,171,436. The firm has a market cap of $8.77 billion, a P/E ratio of 20.23 and a beta of 0.92. Tetra Tech has a 52-week low of $25.81 and a 52-week high of $43.14. The stock’s 50 day moving average price is $29.18 and its 200 day moving average price is $32.09. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.47.

Insider Buying and Selling

In related news, Director Jeffrey R. Feeler acquired 1,900 shares of the stock in a transaction on Friday, May 15th. The stock was purchased at an average price of $26.41 per share, for a total transaction of $50,179.00. Following the completion of the transaction, the director owned 1,900 shares of the company’s stock, valued at $50,179. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.49% of the stock is owned by company insiders.

Hedge Funds Weigh In On Tetra Tech

Several hedge funds and other institutional investors have recently modified their holdings of TTEK. Brighton Jones LLC bought a new position in Tetra Tech during the 4th quarter valued at approximately $225,000. Vise Technologies Inc. purchased a new stake in Tetra Tech in the fourth quarter worth $220,000. PharVision Advisers LLC purchased a new position in Tetra Tech during the 3rd quarter valued at $218,000. HUB Investment Partners LLC bought a new position in Tetra Tech in the 2nd quarter worth $214,000. Finally, Brooklyn Investment Group bought a new stake in shares of Tetra Tech during the 4th quarter valued at about $208,000. 93.89% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on TTEK. 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. Royal Bank Of Canada lowered their target price on shares of Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Robert W. Baird set a $35.00 price target on Tetra Tech in a research report on Thursday, April 30th. National Bank Financial reduced their target price on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Finally, Wall Street Zen downgraded shares of Tetra Tech from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $38.80.

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.