Tetra Tech, Inc. $TTEK Stock Position Raised by Managed Asset Portfolios LLC

Managed Asset Portfolios LLC raised its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 1.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 855,566 shares of the industrial products company’s stock after purchasing an additional 11,739 shares during the quarter. Tetra Tech accounts for about 4.0% of Managed Asset Portfolios LLC’s holdings, making the stock its 6th biggest holding. Managed Asset Portfolios LLC’s holdings in Tetra Tech were worth $30,766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in TTEK. Central Pacific Bank Trust Division bought a new stake in shares of Tetra Tech during the 2nd quarter worth $32,000. Baillie Gifford & Co. purchased a new stake in Tetra Tech during the first quarter valued at about $27,000. Parkside Financial Bank & Trust lifted its stake in Tetra Tech by 54.5% during the second quarter. Parkside Financial Bank & Trust now owns 987 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 348 shares during the last quarter. SVB Wealth LLC purchased a new position in shares of Tetra Tech in the 1st quarter worth about $36,000. Finally, Geneos Wealth Management Inc. increased its position in shares of Tetra Tech by 136.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 751 shares during the last quarter. Institutional investors own 93.89% of the company’s stock.

Tetra Tech Stock Down 0.1%

Shares of NASDAQ TTEK opened at $35.64 on Wednesday. The firm’s fifty day moving average is $33.92 and its 200 day moving average is $35.26. Tetra Tech, Inc. has a 52 week low of $27.27 and a 52 week high of $43.50. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.50. The company has a market cap of $9.37 billion, a price-to-earnings ratio of 44.55 and a beta of 0.96.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly earnings results on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the prior year, the company posted $0.38 EPS. The firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS. FY 2026 guidance at 1.400-1.550 EPS. On average, equities research analysts expect that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms recently weighed in on TTEK. Royal Bank Of Canada restated an “outperform” rating and issued 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 objective on shares of Tetra Tech from $41.00 to $43.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Robert W. Baird upped their price objective on shares of Tetra Tech from $40.00 to $41.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Wall Street Zen cut shares of Tetra Tech from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $42.20.

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.