15,125 Shares in Tetra Tech, Inc. $TTEK Purchased by Compass Wealth Management LLC

Compass Wealth Management LLC acquired a new stake in Tetra Tech, Inc. (NASDAQ:TTEK) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 15,125 shares of the industrial products company’s stock, valued at approximately $437,000.

Other hedge funds have also modified their holdings of the company. First Horizon Corp raised its stake in Tetra Tech by 50.4% during 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 in the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of Tetra Tech by 63.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 341 shares in the last quarter. OP Asset Management Ltd bought a new stake in shares of Tetra Tech in the 1st quarter worth about $34,000. Evelyn Partners Investment Management Services Ltd bought a new stake in shares of Tetra Tech in the 1st quarter worth about $35,000. Finally, Geneos Wealth Management Inc. increased its position in shares of 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. 93.89% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on TTEK shares. Wall Street Zen upgraded shares of Tetra Tech from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. National Bank Financial decreased their price target on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Weiss Ratings raised Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 7th. Royal Bank Of Canada cut their price objective on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Finally, Robert W. Baird set a $37.00 price objective on Tetra Tech in a research note on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $38.25.

Tetra Tech Trading Down 1.2%

TTEK opened at $35.40 on Wednesday. The firm has a 50 day simple moving average of $31.32 and a 200 day simple moving average of $31.90. Tetra Tech, Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The company has a market cap of $9.06 billion, a price-to-earnings ratio of 21.33 and a beta of 0.90. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%.The firm’s quarterly revenue was down 4.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.43 earnings per share. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. On average, sell-side analysts anticipate that Tetra Tech, Inc. will post 1.58 earnings per share for the current year.

Tetra Tech Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be issued a dividend of $0.072 per share. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 13th. Tetra Tech’s dividend payout ratio (DPR) is presently 17.47%.

About Tetra Tech

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.