Future Fund LLC Buys 48,535 Shares of Tetra Tech, Inc. $TTEK

Future Fund LLC raised its position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 54.6% in the 1st quarter, Holdings Channel reports. The firm owned 137,347 shares of the industrial products company’s stock after acquiring an additional 48,535 shares during the period. Tetra Tech accounts for approximately 1.5% of Future Fund LLC’s holdings, making the stock its 13th largest position. Future Fund LLC’s holdings in Tetra Tech were worth $4,137,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kera Capital Partners Inc. boosted its holdings in shares of Tetra Tech by 10.5% in the 1st quarter. Kera Capital Partners Inc. now owns 11,532 shares of the industrial products company’s stock valued at $347,000 after purchasing an additional 1,100 shares in the last quarter. Assetmark Inc. increased its stake in shares of Tetra Tech by 18.5% in the 1st quarter. Assetmark Inc. now owns 4,697 shares of the industrial products company’s stock valued at $141,000 after purchasing an additional 733 shares during the last quarter. Bessemer Group Inc. raised its holdings in shares of Tetra Tech by 2.6% during the 1st quarter. Bessemer Group Inc. now owns 1,432,005 shares of the industrial products company’s stock worth $43,132,000 after buying an additional 36,966 shares in the last quarter. Hillsdale Investment Management Inc. raised its holdings in shares of Tetra Tech by 21.3% during the 1st quarter. Hillsdale Investment Management Inc. now owns 33,350 shares of the industrial products company’s stock worth $1,005,000 after buying an additional 5,850 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Tetra Tech by 70.3% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,928 shares of the industrial products company’s stock worth $480,000 after buying an additional 6,574 shares during the last quarter. 93.89% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TTEK has been the topic of several research analyst reports. Wall Street Zen lowered Tetra Tech from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. 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 research note on Thursday, June 4th. Finally, National Bank Financial decreased their price target on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a report on Monday, July 13th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Tetra Tech currently has a consensus rating of “Moderate Buy” and an average price target of $39.80.

Insider Buying and Selling

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

Tetra Tech Trading Down 1.4%

NASDAQ TTEK opened at $31.59 on Friday. The company has a market cap of $8.20 billion, a price-to-earnings ratio of 18.92 and a beta of 0.92. Tetra Tech, Inc. has a twelve month low of $25.81 and a twelve month high of $43.14. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.47. The business’s fifty day moving average is $28.61 and its 200 day moving average is $32.23.

Tetra Tech (NASDAQ:TTEK) last issued its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (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 analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, sell-side analysts expect that Tetra Tech, Inc. will post 1.54 EPS for the current fiscal year.

Tetra Tech Increases Dividend

The firm 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 a boost from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date was Thursday, May 14th. This represents a $0.29 dividend on an annualized basis and a yield of 0.9%. Tetra Tech’s dividend payout ratio (DPR) is 17.37%.

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.