Tetra Tech, Inc. $TTEK Shares Acquired by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. increased its stake in Tetra Tech, Inc. (NASDAQ:TTEK) by 365.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 34,678 shares of the industrial products company’s stock after acquiring an additional 27,234 shares during the period. Lecap Asset Management Ltd.’s holdings in Tetra Tech were worth $1,163,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of TTEK. Bfsg LLC acquired a new position in Tetra Tech during the third quarter valued at approximately $25,000. Financial Consulate Inc. acquired a new position in Tetra Tech during the third quarter valued at approximately $26,000. Root Financial Partners LLC acquired a new position in Tetra Tech during the third quarter valued at approximately $30,000. True Wealth Design LLC lifted its position in Tetra Tech by 228.6% during the third quarter. True Wealth Design LLC now owns 1,012 shares of the industrial products company’s stock valued at $34,000 after buying an additional 704 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Tetra Tech by 136.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after buying an additional 751 shares in the last quarter. 93.89% of the stock is owned by institutional investors and hedge funds.

Tetra Tech Trading Down 0.1%

NASDAQ TTEK opened at $31.61 on Friday. The company’s fifty day simple moving average is $33.44 and its 200-day simple moving average is $34.27. Tetra Tech, Inc. has a 52 week low of $29.57 and a 52 week 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 P/E 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 analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $974.28 million. During the same period in the previous year, the company posted $0.35 earnings per share. The business’s revenue for the quarter 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 research analysts predict that Tetra Tech, Inc. will post 1.37 EPS for the current fiscal year.

Tetra Tech Announces Dividend

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

Analyst Ratings Changes

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

Insider Activity at Tetra Tech

In related news, SVP Brian N. Carter sold 9,979 shares of Tetra Tech stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total value of $401,455.17. Following the completion of the sale, the senior vice president owned 46,496 shares in the company, valued at approximately $1,870,534.08. The trade was a 17.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.49% of the company’s stock.

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.