Tetra Tech, Inc. (NASDAQ:TTEK) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Tetra Tech, Inc. (NASDAQ:TTEK) have received a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $41.00.

TTEK has been the subject of a number of research reports. Weiss Ratings downgraded Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Robert W. Baird set a $35.00 price objective on Tetra Tech in a research note on Thursday, April 30th.

Tetra Tech Stock Up 2.5%

Shares of TTEK opened at $29.90 on Friday. Tetra Tech has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The company’s fifty day moving average is $28.67 and its two-hundred day moving average is $32.46. The firm has a market cap of $7.76 billion, a PE ratio of 17.90 and a beta of 0.92. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.47.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The business’s revenue for the quarter was down 7.7% on a year-over-year basis. During the same period in the prior year, the firm posted $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. Analysts forecast that Tetra Tech will post 1.54 earnings per share for the current year.

Tetra Tech Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 14th were given a dividend of $0.072 per share. This represents a $0.29 dividend on an annualized basis and a yield of 1.0%. This is a positive change from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Thursday, May 14th. Tetra Tech’s dividend payout ratio is presently 17.37%.

Insider Transactions at Tetra Tech

In other Tetra Tech news, Director Jeffrey R. Feeler acquired 1,900 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was bought at an average price of $26.41 per share, with a total value of $50,179.00. Following the completion of the transaction, the director directly owned 1,900 shares of the company’s stock, valued at approximately $50,179. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.49% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Tetra Tech

Hedge funds and other institutional investors have recently made changes to their positions in the business. Brighton Jones LLC purchased a new stake in Tetra Tech during the 4th quarter worth $225,000. AQR Capital Management LLC raised its position in Tetra Tech by 451.6% in 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. lifted its stake 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 worth $48,507,000 after purchasing an additional 957,050 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake 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 worth $38,000 after purchasing an additional 751 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Tetra Tech by 754.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock worth $67,000 after buying an additional 1,638 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.