Ninety One UK Ltd Sells 67,253 Shares of Tetra Tech, Inc. $TTEK

Ninety One UK Ltd lowered its holdings in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 2.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,802,991 shares of the industrial products company’s stock after selling 67,253 shares during the period. Ninety One UK Ltd’s holdings in Tetra Tech were worth $94,012,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in TTEK. Bfsg LLC bought a new stake in Tetra Tech in the 3rd quarter worth $25,000. Financial Consulate Inc. bought a new stake in Tetra Tech in the 3rd quarter worth $26,000. Root Financial Partners LLC bought a new stake in Tetra Tech in the 3rd quarter worth $30,000. True Wealth Design LLC grew its holdings in Tetra Tech by 228.6% in the 3rd quarter. True Wealth Design LLC now owns 1,012 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 704 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings 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 worth $38,000 after acquiring an additional 751 shares during the last quarter. Institutional investors own 93.89% of the company’s stock.

Insider Activity at Tetra Tech

In related news, SVP Brian N. Carter sold 9,979 shares of Tetra Tech stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total transaction of $401,455.17. Following the completion of the transaction, the senior vice president directly owned 46,496 shares of the company’s stock, valued at $1,870,534.08. This trade represents a 17.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.49% of the company’s stock.

Analyst Upgrades and Downgrades

TTEK has been the topic of a number of recent analyst reports. Robert W. Baird set a $43.00 price target on shares of Tetra Tech in a report on Thursday, January 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $42.60.

Tetra Tech Trading Down 0.1%

NASDAQ:TTEK opened at $31.61 on Friday. The company has a 50-day moving average price of $33.44 and a 200-day moving average price of $34.27. Tetra Tech, Inc. has a 12 month low of $29.57 and a 12 month high of $43.14. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.45. The stock has a market cap of $8.24 billion, a price-to-earnings ratio of 23.77 and a beta of 0.98.

Tetra Tech (NASDAQ:TTEK) last posted its earnings results on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.31 by $0.04. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $974.28 million. During the same period last year, the company posted $0.35 EPS. The company’s quarterly revenue was down 13.4% compared to the same quarter last year. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS. Equities analysts predict that Tetra Tech, Inc. will post 1.37 EPS for the current year.

Tetra Tech Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were given a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, February 12th. Tetra Tech’s dividend payout ratio (DPR) is currently 19.55%.

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.