Tetra Tech (NASDAQ:TTEK) Issues FY 2026 Earnings Guidance
by Jessica Moore · The Cerbat GemTetra Tech (NASDAQ:TTEK – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.500-1.580 for the period, compared to the consensus EPS estimate of 1.520. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.2 billion. Tetra Tech also updated its Q3 2026 guidance to 0.38-0.41 EPS.
Tetra Tech Stock Down 0.7%
Shares of NASDAQ TTEK traded down $0.24 during midday trading on Friday, reaching $32.08. 674,047 shares of the company’s stock traded hands, compared to its average volume of 2,867,538. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.45. The stock’s 50 day simple moving average is $32.25 and its 200-day simple moving average is $34.13. Tetra Tech has a one year low of $29.57 and a one year high of $43.14. The company has a market cap of $8.37 billion, a price-to-earnings ratio of 19.17 and a beta of 0.98.
Tetra Tech (NASDAQ:TTEK – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. Tetra Tech had a net margin of 8.58% and a return on equity of 23.13%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period last year, the firm earned $0.33 earnings per share. The company’s quarterly revenue was down 7.7% on a year-over-year basis. 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. On average, analysts predict that Tetra Tech will post 1.5 EPS for the current fiscal year.
Tetra Tech Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.072 per share. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Thursday, May 14th. Tetra Tech’s payout ratio is 19.55%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on TTEK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research note on Monday, April 20th. Robert W. Baird set a $35.00 target price on shares of Tetra Tech in a research report on Thursday. Four equities research 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 has an average rating of “Moderate Buy” and an average price target of $41.00.
Read Our Latest Research Report on TTEK
Insider Buying and Selling at Tetra Tech
In other news, SVP Brian N. Carter sold 9,979 shares of the 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 sale, the senior vice president owned 46,496 shares in the company, valued at $1,870,534.08. This represents a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.49% of the stock is owned by insiders.
Institutional Trading of Tetra Tech
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC grew its position in Tetra Tech by 84.9% during the second quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after buying an additional 1,847,087 shares during the period. Dimensional Fund Advisors LP grew its position in Tetra Tech by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,676,680 shares of the industrial products company’s stock valued at $123,322,000 after buying an additional 83,419 shares during the period. AQR Capital Management LLC grew its position in Tetra Tech by 351.6% during the fourth quarter. AQR Capital Management LLC now owns 2,875,372 shares of the industrial products company’s stock valued at $96,440,000 after buying an additional 2,238,721 shares during the period. Ameriprise Financial Inc. grew its position in Tetra Tech by 5.8% during the third quarter. Ameriprise Financial Inc. now owns 2,536,018 shares of the industrial products company’s stock valued at $84,652,000 after buying an additional 139,037 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Tetra Tech by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,158,990 shares of the industrial products company’s stock valued at $72,413,000 after buying an additional 27,576 shares during the period. Institutional investors and hedge funds own 93.89% of the company’s stock.
Tetra Tech Company Profile
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.