Tetra Tech, Inc. $TTEK Stake Lessened by SG Americas Securities LLC

SG Americas Securities LLC trimmed its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 57.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,873 shares of the industrial products company’s stock after selling 26,533 shares during the quarter. SG Americas Securities LLC’s holdings in Tetra Tech were worth $715,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Central Pacific Bank Trust Division bought a new position in shares of Tetra Tech during the second quarter worth about $32,000. Parkside Financial Bank & Trust lifted its holdings in Tetra Tech by 54.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 987 shares of the industrial products company’s stock worth $35,000 after buying an additional 348 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of Tetra Tech in the 1st quarter worth approximately $36,000. Geneos Wealth Management Inc. increased its holdings in shares of 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 valued at $38,000 after acquiring an additional 751 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of Tetra Tech by 283.9% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,547 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 1,144 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on TTEK. Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective for the company in a report on Thursday, November 13th. KeyCorp boosted their price objective 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. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, October 8th. Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, National Bank Financial started coverage on Tetra Tech in a report on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price target on the stock. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $42.20.

Tetra Tech Stock Performance

TTEK opened at $32.70 on Tuesday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.50. The business’s 50 day moving average is $33.76 and its 200-day moving average is $35.32. The stock has a market cap of $8.59 billion, a PE ratio of 40.88 and a beta of 0.96. Tetra Tech, Inc. has a twelve month low of $27.27 and a twelve month high of $43.50.

Tetra Tech (NASDAQ:TTEK) last posted its earnings results on Wednesday, November 12th. The industrial products company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.40 by $0.05. Tetra Tech had a return on equity of 24.70% and a net margin of 3.94%.The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period last year, the firm earned $0.38 EPS. The firm’s revenue 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, analysts predict that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Monday, December 1st will be given a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Monday, December 1st. Tetra Tech’s dividend payout ratio is currently 27.96%.

About Tetra Tech

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.