Jeffrey Feeler Acquires 1,900 Shares of Tetra Tech (NASDAQ:TTEK) Stock

Tetra Tech, Inc. (NASDAQ:TTEK) Director Jeffrey Feeler purchased 1,900 shares of Tetra Tech stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $26.41 per share, with a total value of $50,179.00. Following the acquisition, the director owned 1,900 shares in the company, valued at approximately $50,179. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Tetra Tech Stock Down 0.1%

Shares of NASDAQ:TTEK traded down $0.02 during trading hours on Friday, hitting $26.18. The company’s stock had a trading volume of 5,745,874 shares, compared to its average volume of 3,039,372. Tetra Tech, Inc. has a 52 week low of $25.81 and a 52 week high of $43.14. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.25. The company has a market capitalization of $6.79 billion, a price-to-earnings ratio of 15.68 and a beta of 1.00. The firm’s fifty day moving average price is $31.36 and its 200 day moving average price is $33.91.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the previous year, the firm earned $0.33 EPS. The company’s quarterly revenue was down 7.7% compared to the same quarter last year. 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. As a group, research analysts expect that Tetra Tech, Inc. will post 1.53 EPS for the current year.

Tetra Tech Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th will be given a $0.072 dividend. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, May 14th. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. Tetra Tech’s payout ratio is presently 15.57%.

Hedge Funds Weigh In On Tetra Tech

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rice Hall James & Associates LLC increased its holdings in shares of Tetra Tech by 28.3% in the first quarter. Rice Hall James & Associates LLC now owns 122,955 shares of the industrial products company’s stock valued at $3,703,000 after purchasing an additional 27,117 shares during the period. Caxton Associates LLP purchased a new position in shares of Tetra Tech in the first quarter worth about $4,091,000. Inceptionr LLC raised its stake in shares of Tetra Tech by 62.6% in the first quarter. Inceptionr LLC now owns 15,336 shares of the industrial products company’s stock worth $462,000 after purchasing an additional 5,905 shares during the last quarter. State of Wyoming raised its stake in shares of Tetra Tech by 11.3% in the first quarter. State of Wyoming now owns 20,542 shares of the industrial products company’s stock worth $619,000 after purchasing an additional 2,085 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Tetra Tech by 47.6% in the first quarter. First Trust Advisors LP now owns 2,445,482 shares of the industrial products company’s stock worth $73,658,000 after purchasing an additional 788,491 shares during the last quarter. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Analyst Ratings Changes

TTEK has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a research report on Monday, April 20th. Robert W. Baird set a $35.00 target price on shares of Tetra Tech in a research note on Thursday, April 30th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Tetra Tech currently has a consensus rating of “Moderate Buy” and an average price target of $41.00.

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.