Rice Hall James & Associates LLC Acquires New Position in Tetra Tech, Inc. $TTEK

Posted by Francis Steltz on Aug 18th, 2026

Rice Hall James & Associates LLC acquired a new position in shares of Tetra Tech, Inc. (NASDAQ:TTEK – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 122,112 shares of the industrial products company’s stock, valued at approximately $3,528,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TTEK. First Horizon Corp increased its holdings in Tetra Tech by 50.4% in the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 295 shares in the last quarter. Optas LLC boosted its stake in shares of Tetra Tech by 2.6% during the 1st quarter. Optas LLC now owns 12,803 shares of the industrial products company’s stock worth $386,000 after acquiring an additional 330 shares in the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of Tetra Tech by 63.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 341 shares during the period. Larson Financial Group LLC increased its stake in Tetra Tech by 26.9% in the 4th quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock valued at $57,000 after purchasing an additional 358 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in Tetra Tech by 8.1% in the 1st quarter. Parallel Advisors LLC now owns 4,799 shares of the industrial products company’s stock valued at $145,000 after purchasing an additional 359 shares in the last quarter. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Tetra Tech Stock Performance

Tetra Tech stock opened at $35.82 on Tuesday. Tetra Tech, Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The company has a market capitalization of $9.17 billion, a price-to-earnings ratio of 21.58 and a beta of 0.90. The stock has a fifty day moving average of $31.17 and a two-hundred day moving average of $31.91. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18.

Tetra Tech (NASDAQ:TTEK – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.08 billion. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%.The business’s revenue was down 4.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.43 earnings per share. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. On average, analysts anticipate that Tetra Tech, Inc. will post 1.58 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be issued a $0.072 dividend. This represents a $0.29 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, August 13th. Tetra Tech’s dividend payout ratio is 17.47%.

Analyst Upgrades and Downgrades

A number of research firms have commented on TTEK. Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Royal Bank Of Canada cut their price target on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Robert W. Baird set a $37.00 price objective on shares of Tetra Tech in a research report on Thursday, July 30th. National Bank Financial dropped their target price on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Finally, Weiss Ratings raised shares of Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $38.25.

Check Out Our Latest Stock Analysis on Tetra Tech

Tetra Tech Profile

(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.