Brokerages Set Tetra Tech, Inc. (NASDAQ:TTEK) Target Price at $41.00

Tetra Tech, Inc. (NASDAQ:TTEK) has been given an average rating of “Moderate Buy” by the six analysts that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $41.00.

Several analysts have recently commented on the stock. Weiss Ratings lowered shares of 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 target on shares of Tetra Tech in a research report on Thursday, April 30th.

Tetra Tech Stock Performance

TTEK opened at $28.43 on Monday. The firm has a market capitalization of $7.38 billion, a price-to-earnings ratio of 17.02 and a beta of 0.93. 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 company’s 50 day simple moving average is $29.46 and its two-hundred day simple moving average is $33.06. Tetra Tech has a 1-year low of $25.81 and a 1-year high of $43.14.

Tetra Tech (NASDAQ:TTEK) last released 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 firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The business’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Analysts expect that Tetra Tech will post 1.53 EPS for the current fiscal year.

Tetra Tech Increases Dividend

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

Insiders Place Their Bets

In related news, Director Jeffrey R. Feeler bought 1,900 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $26.41 per share, for a total transaction of $50,179.00. Following the acquisition, the director owned 1,900 shares of the company’s stock, valued at approximately $50,179. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.49% of the company’s stock.

Institutional Trading of Tetra Tech

Several institutional investors have recently added to or reduced their stakes in TTEK. Capital International Inc. CA acquired a new position in shares of Tetra Tech in the third quarter worth $2,067,000. Impax Asset Management Group plc acquired a new position in shares of Tetra Tech in the fourth quarter worth $107,603,000. Capital International Investors grew its stake in shares of 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 grew its stake in shares of 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 worth $98,859,000 after acquiring an additional 176,302 shares in the last quarter. Finally, Tudor Investment Corp ET AL grew its stake in shares of Tetra Tech by 585.1% in the third quarter. Tudor Investment Corp ET AL now owns 64,401 shares of the industrial products company’s stock worth $2,150,000 after acquiring an additional 55,001 shares in the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

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.