Managed Asset Portfolios LLC Has $30.77 Million Stock Holdings in Tetra Tech, Inc. $TTEK

Managed Asset Portfolios LLC increased its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 1.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 855,566 shares of the industrial products company’s stock after buying an additional 11,739 shares during the period. Tetra Tech comprises about 4.0% of Managed Asset Portfolios LLC’s holdings, making the stock its 6th biggest position. Managed Asset Portfolios LLC owned about 0.33% of Tetra Tech worth $30,766,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. WBI Investments LLC increased its stake in shares of Tetra Tech by 520.0% during the 2nd quarter. WBI Investments LLC now owns 56,956 shares of the industrial products company’s stock worth $2,048,000 after purchasing an additional 47,769 shares during the last quarter. Waratah Capital Advisors Ltd. bought a new position in Tetra Tech during the second quarter valued at $3,874,000. Cetera Investment Advisers grew its holdings in Tetra Tech by 8.6% during the second quarter. Cetera Investment Advisers now owns 52,534 shares of the industrial products company’s stock valued at $1,889,000 after purchasing an additional 4,139 shares during the period. Creative Planning increased its position in Tetra Tech by 30.3% in the second quarter. Creative Planning now owns 125,834 shares of the industrial products company’s stock worth $4,525,000 after buying an additional 29,292 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Tetra Tech by 5.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 67,702 shares of the industrial products company’s stock valued at $2,435,000 after buying an additional 3,630 shares during the period. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on TTEK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, October 8th. Royal Bank Of Canada reiterated an “outperform” rating and set a $48.00 target price (up previously from $47.00) on shares of Tetra Tech in a research report on Friday. KeyCorp boosted their price target on shares of Tetra Tech from $41.00 to $43.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Northcoast Research upgraded shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Thursday, November 13th. Finally, National Bank Financial assumed coverage on shares of Tetra Tech in a research note on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Tetra Tech currently has a consensus rating of “Moderate Buy” and an average target price of $42.20.

Tetra Tech Price Performance

TTEK stock opened at $35.64 on Wednesday. The firm has a 50 day moving average of $33.92 and a 200-day moving average of $35.26. The firm has a market capitalization of $9.37 billion, a P/E ratio of 44.55 and a beta of 0.96. Tetra Tech, Inc. has a 12 month low of $27.27 and a 12 month high of $43.50. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.50.

Tetra Tech (NASDAQ:TTEK) last posted its earnings results on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. Tetra Tech had a net margin of 3.94% and a return on equity of 24.70%. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the firm posted $0.38 EPS. Tetra Tech’s revenue was up 1.6% on a year-over-year basis. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS. FY 2026 guidance at 1.400-1.550 EPS. As a group, sell-side analysts predict that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Monday, December 1st will be paid a dividend of $0.065 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $0.26 annualized dividend and a yield of 0.7%. Tetra Tech’s dividend payout ratio (DPR) is currently 27.96%.

Tetra Tech Company Profile

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.