Capital International Ltd. CA Purchases 20,150 Shares of Tetra Tech, Inc. $TTEK
by Danessa Lincoln · The Markets DailyCapital International Ltd. CA increased its position in shares of Tetra Tech, Inc. (NASDAQ:TTEK – Free Report) by 17.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 133,039 shares of the industrial products company’s stock after buying an additional 20,150 shares during the period. Capital International Ltd. CA’s holdings in Tetra Tech were worth $4,462,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of TTEK. Brighton Jones LLC bought a new stake in shares of Tetra Tech during the fourth quarter valued at approximately $225,000. AQR Capital Management LLC increased its position 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 during the period. Goldman Sachs Group Inc. increased its position in shares of Tetra Tech by 136.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock valued at $48,507,000 after purchasing an additional 957,050 shares during the period. Geneos Wealth Management Inc. increased its position in shares of 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 purchasing an additional 751 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of Tetra Tech by 754.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock valued at $67,000 after purchasing an additional 1,638 shares during the period. 93.89% of the stock is currently owned by institutional investors.
Tetra Tech Price Performance
Shares of TTEK stock opened at $27.90 on Monday. The stock’s fifty day simple moving average is $29.70 and its 200 day simple moving average is $33.29. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market cap of $7.24 billion, a price-to-earnings ratio of 16.71 and a beta of 0.93. Tetra Tech, Inc. has a one year low of $25.81 and a one year high of $43.14.
Tetra Tech (NASDAQ:TTEK – Get Free Report) last announced its quarterly earnings results 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. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.Tetra Tech’s quarterly revenue was down 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.33 EPS. 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 expect that Tetra Tech, Inc. will post 1.53 earnings per share for the current fiscal year.
Tetra Tech Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th were paid a $0.072 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.29 annualized dividend and a yield of 1.0%. This is a positive change from Tetra Tech’s previous quarterly dividend of $0.07. Tetra Tech’s payout ratio is presently 17.37%.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the company. Robert W. Baird set a $35.00 price objective on Tetra Tech in a research report on Thursday, April 30th. Weiss Ratings cut Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating 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. According to MarketBeat.com, Tetra Tech currently has an average rating of “Moderate Buy” and an average price target of $41.00.
Read Our Latest Stock Report on Tetra Tech
Insider Buying and Selling
In related news, Director Jeffrey R. Feeler purchased 1,900 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average price of $26.41 per share, with a total value of $50,179.00. Following the purchase, the director directly owned 1,900 shares in the company, valued at $50,179. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.49% of the stock is currently owned by corporate insiders.
Tetra Tech 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.
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