First Trust Advisors LP Buys 788,491 Shares of Tetra Tech, Inc. $TTEK

Posted by George Bondi on Jul 26th, 2026

First Trust Advisors LP lifted its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK – Free Report) by 47.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,445,482 shares of the industrial products company’s stock after acquiring an additional 788,491 shares during the quarter. First Trust Advisors LP’s holdings in Tetra Tech were worth $73,658,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of TTEK. Brighton Jones LLC purchased a new stake in Tetra Tech in the fourth quarter worth about $225,000. AQR Capital Management LLC boosted its stake in shares of Tetra Tech by 451.6% during the first quarter. AQR Capital Management LLC now owns 145,077 shares of the industrial products company’s stock valued at $4,204,000 after purchasing an additional 118,774 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Tetra Tech by 136.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock worth $48,507,000 after buying an additional 957,050 shares in the last quarter. 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 period. Finally, EverSource Wealth Advisors LLC raised its position in shares of Tetra Tech by 754.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock worth $67,000 after acquiring an additional 1,638 shares in the last quarter. 93.89% of the stock is owned by institutional investors.

Insider Buying and Selling at Tetra Tech

In related news, Director Jeffrey R. Feeler acquired 1,900 shares of the firm’s 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 directly owned 1,900 shares in the company, valued at $50,179. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.49% of the company’s stock.

Tetra Tech Trading Up 3.7%

Shares of NASDAQ:TTEK opened at $31.71 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.47. Tetra Tech, Inc. has a 52-week low of $25.81 and a 52-week high of $43.14. The stock has a market cap of $8.23 billion, a price-to-earnings ratio of 18.99 and a beta of 0.92. The business has a 50-day moving average price of $28.96 and a 200-day moving average price of $32.13.

Tetra Tech (NASDAQ:TTEK – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.31 by $0.03. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same period in the previous year, the business posted $0.33 EPS. The business’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. Equities analysts predict that Tetra Tech, Inc. will post 1.54 EPS for the current year.

Tetra Tech Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 14th were given a dividend of $0.072 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.29 annualized dividend and a yield of 0.9%. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. Tetra Tech’s payout ratio is 17.37%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on TTEK shares. Royal Bank Of Canada reduced their target price on shares of Tetra Tech from $48.00 to $43.00 and set an “outperform” rating for the company in a report on Wednesday. Weiss Ratings downgraded Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Wall Street Zen downgraded Tetra Tech from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. National Bank Financial cut their price objective on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a report on Monday, July 13th. Finally, Robert W. Baird set a $35.00 price objective on shares of Tetra Tech in a research report on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $38.80.

Get Our Latest Stock Report on TTEK

About Tetra Tech

(Free Report)

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.