Tetra Tech, Inc. $TTEK Shares Sold by Whittier Trust Co.

Whittier Trust Co. lowered its stake in Tetra Tech, Inc. (NASDAQ:TTEK) by 94.2% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,915 shares of the industrial products company’s stock after selling 31,000 shares during the quarter. Whittier Trust Co.’s holdings in Tetra Tech were worth $60,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of TTEK. First Horizon Corp raised its holdings in shares of Tetra Tech by 50.4% in the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 295 shares during the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Tetra Tech by 63.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 341 shares in the last quarter. OP Asset Management Ltd acquired a new stake in shares of Tetra Tech during the first quarter valued at $34,000. Geneos Wealth Management Inc. increased its position in Tetra Tech by 136.1% during the 1st 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, Danske Bank A S purchased a new stake in Tetra Tech during the 3rd quarter worth about $53,000. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on TTEK. Robert W. Baird set a $35.00 target price on shares of Tetra Tech in a 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. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $41.00.

Insiders Place Their Bets

In other news, Director Jeffrey R. Feeler bought 1,900 shares of Tetra Tech stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average price of $26.41 per share, for a total transaction of $50,179.00. Following the completion of the acquisition, the director owned 1,900 shares of the company’s stock, valued at $50,179. The trade was a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.49% of the company’s stock.

Tetra Tech Price Performance

Tetra Tech stock opened at $30.94 on Friday. Tetra Tech, Inc. has a 1 year low of $25.81 and a 1 year high of $43.14. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a 50 day moving average price of $28.61 and a 200 day moving average price of $32.33. The company has a market cap of $8.03 billion, a price-to-earnings ratio of 18.53 and a beta of 0.92.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1 billion. During the same quarter last year, the firm posted $0.33 earnings per share. Tetra Tech’s 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. Sell-side analysts predict that Tetra Tech, Inc. will post 1.54 earnings per share for the current year.

Tetra Tech Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th were given 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 dividend yield of 0.9%. Tetra Tech’s dividend payout ratio is 17.37%.

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.