Tetra Tech (NASDAQ:TTEK) Updates FY 2026 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.560-1.590 for the period, compared to the consensus earnings per share estimate of 1.540. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion. Tetra Tech also updated its Q4 2026 guidance to 0.450-0.480 EPS.

Tetra Tech Price Performance

NASDAQ:TTEK traded down $0.90 on Thursday, hitting $32.88. The company had a trading volume of 2,951,443 shares, compared to its average volume of 3,168,928. Tetra Tech has a 52 week low of $25.81 and a 52 week high of $43.14. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $8.53 billion, a price-to-earnings ratio of 19.70 and a beta of 0.92. The firm has a 50 day moving average of $29.30 and a two-hundred day moving average of $32.08.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the company posted $0.43 EPS. The business’s revenue was down 4.4% on a year-over-year basis. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. On average, research analysts anticipate that Tetra Tech will post 1.54 earnings per share for the current year.

Tetra Tech Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be paid a dividend of $0.072 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $0.29 annualized dividend and a yield of 0.9%. Tetra Tech’s dividend payout ratio is currently 17.37%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TTEK. 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 research note on Monday, July 13th. Wall Street Zen lowered shares of Tetra Tech from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Royal Bank Of Canada cut their target price on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Weiss Ratings lowered Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Finally, Robert W. Baird set a $37.00 price target on Tetra Tech in a report on Thursday. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.20.

Insider Transactions at Tetra Tech

In other Tetra Tech news, Director Jeffrey R. Feeler acquired 1,900 shares of the company’s stock in a transaction on Friday, May 15th. The shares were acquired at an average cost of $26.41 per share, with a total value of $50,179.00. Following the completion of the acquisition, the director directly owned 1,900 shares in the company, valued at $50,179. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.49% of the company’s stock.

Trending Headlines about Tetra Tech

Here are the key news stories impacting Tetra Tech this week:

• Positive Sentiment: Third-quarter results beat expectations. Tetra Tech reported adjusted EPS of $0.42, above the $0.40 consensus estimate, while revenue reached $1.31 billion. Net revenue was $1.11 billion, and net revenue increased 8% year over year excluding USAID/Department of State work and episodic disaster-response activity. Tetra Tech Reports Strong Third Quarter 2026 Results
• Positive Sentiment: Backlog and core markets remained strong. Backlog increased 5% sequentially to $4.49 billion, supported by project wins in water infrastructure, defense and digital automation. This provides better visibility into future revenue and suggests demand remains healthy in Tetra Tech’s key businesses. Tetra Tech Q3 Earnings Beat Estimates on Core Market Growth
• Positive Sentiment: Fiscal 2026 EPS guidance was raised. The company now expects full-year EPS of $1.56 to $1.59, above the approximately $1.54 analyst consensus. Fourth-quarter EPS guidance of $0.45 to $0.48 also brackets or exceeds the $0.46 consensus midpoint. Tetra Tech Boosts Guidance Amid Strong Q3 Performance
• Neutral Sentiment: Dividend payment confirmed. Tetra Tech declared a quarterly dividend of $0.072 per share, payable August 27 to shareholders of record August 13. The dividend represents an annualized payout of $0.288 per share and an indicated yield of about 0.9%, offering modest income support.
• Negative Sentiment: Reported revenue and EPS were slightly weaker year over year. Quarterly revenue declined 4.4% from the prior-year period, while EPS fell from $0.43 to $0.42. Fourth-quarter revenue guidance of approximately $1.1 billion to $1.2 billion was generally consistent with expectations, limiting the potential for an additional near-term catalyst.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TTEK. CIBC Private Wealth Group LLC raised its holdings in Tetra Tech by 63.3% during the 4th 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 during the period. Groupe la Francaise boosted its stake in Tetra Tech by 4.3% in the 4th quarter. Groupe la Francaise now owns 12,000 shares of the industrial products company’s stock worth $402,000 after purchasing an additional 500 shares during the period. Kennedy Capital Management LLC grew its holdings in Tetra Tech by 0.5% during the 4th quarter. Kennedy Capital Management LLC now owns 106,597 shares of the industrial products company’s stock valued at $3,575,000 after buying an additional 559 shares in the last quarter. Parallel Advisors LLC grew its holdings in Tetra Tech by 13.0% during the 3rd quarter. Parallel Advisors LLC now owns 4,982 shares of the industrial products company’s stock valued at $166,000 after buying an additional 574 shares in the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC increased its position in shares of Tetra Tech by 5.4% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 11,465 shares of the industrial products company’s stock valued at $383,000 after buying an additional 586 shares during the period. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

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.