26,300 Tetra Tech, Inc. $TTEK Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al cut its position in shares of Tetra Tech, Inc. (NASDAQ:TTEK – Free Report) by 19.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 108,370 shares of the industrial products company’s stock after selling 26,300 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Tetra Tech were worth $3,571,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Public Employees Retirement System of Ohio bought a new stake in Tetra Tech during the 2nd quarter valued at $2,226,000. Hsbc Holdings PLC grew its stake in Tetra Tech by 45.9% during the 2nd quarter. Hsbc Holdings PLC now owns 628,625 shares of the industrial products company’s stock worth $17,955,000 after buying an additional 197,653 shares during the last quarter. Corient Private Wealth LP grew its stake in Tetra Tech by 11.8% during the 2nd quarter. Corient Private Wealth LP now owns 1,554,196 shares of the industrial products company’s stock worth $44,901,000 after buying an additional 164,373 shares during the last quarter. Neumeier Poma Investment Counsel LLC acquired a new position in Tetra Tech during the 2nd quarter valued at about $43,750,380. Finally, Dimensional Fund Advisors LP increased its position in Tetra Tech by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,789,240 shares of the industrial products company’s stock valued at $114,128,000 after buying an additional 112,560 shares in the last quarter. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TTEK has been the subject of several recent analyst reports. Robert W. Baird set a $37.00 price target on Tetra Tech in a report on Thursday, July 30th. Wall Street Zen downgraded shares of Tetra Tech from a “buy” rating to a “hold” rating in a report on Saturday, October 17th. Royal Bank Of Canada decreased their price objective on shares of Tetra Tech from $46.00 to $44.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. Weiss Ratings raised shares of Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 27th. Finally, National Bank Financial lowered their target price on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a research note on Monday, July 13th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $39.00.

Read Our Latest Research Report on Tetra Tech

Tetra Tech Stock Up 2.4%

Tetra Tech stock opened at $39.57 on Tuesday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The firm has a market cap of $10.13 billion, a price-to-earnings ratio of 23.84 and a beta of 0.95. The business’s 50-day moving average price is $35.43 and its 200 day moving average price is $33.14. Tetra Tech, Inc. has a 52 week low of $25.81 and a 52 week high of $43.14.

Tetra Tech Company Profile

(Free Report)

Tetra Tech, Inc (NASDAQ:TTEK) is a consulting and engineering services company that helps government and commercial clients address complex challenges involving water, environmental resources, infrastructure and energy. Its work includes planning, design, engineering, program management, construction management and technical consulting.

The company provides services related to water supply and treatment, environmental remediation, climate and disaster resilience, sustainable infrastructure, energy development, high-performance buildings and natural resource management.

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Institutional Ownership by Quarter for Tetra Tech (NASDAQ:TTEK)

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