Tetra Tech, Inc. (NASDAQ:TTEK) Receives $41.00 Average Target Price from Brokerages

by · The Markets Daily

Tetra Tech, Inc. (NASDAQ:TTEK – Get Free Report) has earned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $41.00.

Several brokerages have recently issued reports on TTEK. Robert W. Baird set a $35.00 target price on Tetra Tech in a research report on Thursday, April 30th. Weiss Ratings downgraded shares of Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th.

Get Our Latest Report on TTEK

Insider Buying and Selling at Tetra Tech

In other Tetra Tech news, Director Jeffrey R. Feeler acquired 1,900 shares of Tetra Tech stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average cost of $26.41 per share, for a total transaction of $50,179.00. Following the purchase, the director owned 1,900 shares of the company’s stock, valued at approximately $50,179. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.49% of the stock is owned by insiders.

Institutional Trading of Tetra Tech

Several institutional investors and hedge funds have recently bought and sold shares of the company. Capital International Inc. CA purchased a new stake in shares of Tetra Tech during the 3rd quarter valued at $2,067,000. Impax Asset Management Group plc purchased a new position in Tetra Tech in the fourth quarter worth $107,603,000. Capital International Investors grew its position in Tetra Tech by 249.1% in the third quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock worth $236,320,000 after acquiring an additional 5,051,485 shares in the last quarter. LGT Group Foundation increased its stake in Tetra Tech by 6.3% in the third quarter. LGT Group Foundation now owns 2,978,570 shares of the industrial products company’s stock valued at $98,859,000 after acquiring an additional 176,302 shares during the last quarter. Finally, Tudor Investment Corp ET AL raised its position in Tetra Tech by 585.1% during the third quarter. Tudor Investment Corp ET AL now owns 64,401 shares of the industrial products company’s stock valued at $2,150,000 after purchasing an additional 55,001 shares in the last quarter. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Tetra Tech Trading Down 0.7%

NASDAQ:TTEK opened at $30.93 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.25. Tetra Tech has a one year low of $25.81 and a one year high of $43.14. The company has a market cap of $8.03 billion, a PE ratio of 18.52 and a beta of 0.92. The firm has a 50-day moving average of $28.63 and a 200-day moving average of $32.39.

Tetra Tech (NASDAQ:TTEK – Get Free Report) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations 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 earnings per share. 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. As a group, equities research analysts expect that Tetra Tech will post 1.54 EPS for the current fiscal year.

Tetra Tech Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th were issued a $0.072 dividend. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.29 annualized dividend and a yield of 0.9%. Tetra Tech’s payout ratio is 16.77%.

About Tetra Tech

(Get 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.

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