Osprey Private Wealth LLC Purchases 19,390 Shares of Tetra Tech, Inc. $TTEK

Osprey Private Wealth LLC grew its position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 5.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 363,415 shares of the industrial products company’s stock after buying an additional 19,390 shares during the period. Tetra Tech comprises 3.2% of Osprey Private Wealth LLC’s portfolio, making the stock its 8th largest position. Osprey Private Wealth LLC’s holdings in Tetra Tech were worth $10,946,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Impax Asset Management Group plc bought a new stake in shares of Tetra Tech during the 4th quarter valued at about $107,603,000. Tudor Investment Corp ET AL lifted its holdings in 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 during the last quarter. Crossmark Global Holdings Inc. boosted its stake in Tetra Tech by 69.2% in the fourth quarter. Crossmark Global Holdings Inc. now owns 216,917 shares of the industrial products company’s stock valued at $7,275,000 after acquiring an additional 88,745 shares during the period. Nomura Asset Management Co. Ltd. grew its holdings in shares of Tetra Tech by 8.1% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 992,633 shares of the industrial products company’s stock valued at $33,293,000 after purchasing an additional 74,530 shares during the last quarter. Finally, Systematic Financial Management LP raised its position in shares of Tetra Tech by 56.5% during the 4th quarter. Systematic Financial Management LP now owns 286,772 shares of the industrial products company’s stock worth $9,618,000 after purchasing an additional 103,582 shares during the period. Institutional investors and hedge funds own 93.89% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TTEK. Robert W. Baird set a $35.00 price target on Tetra Tech in a report on Thursday, April 30th. Weiss Ratings lowered Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Tetra Tech currently has an average rating of “Moderate Buy” and an average target price of $41.00.

Insider Transactions at Tetra Tech

In other Tetra Tech news, Director Jeffrey R. Feeler purchased 1,900 shares of the firm’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 purchase, the director owned 1,900 shares in the company, valued at $50,179. This trade represents a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.49% of the company’s stock.

Tetra Tech Stock Performance

NASDAQ TTEK traded up $0.05 on Friday, hitting $30.99. The stock had a trading volume of 2,043,520 shares, compared to its average volume of 3,389,054. Tetra Tech, Inc. has a one year low of $25.81 and a one year 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 stock has a market cap of $8.04 billion, a price-to-earnings ratio of 18.56 and a beta of 0.92. The company’s 50-day moving average is $28.59 and its two-hundred day moving average is $32.33.

Tetra Tech (NASDAQ:TTEK) last announced 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 company 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%. Tetra Tech’s revenue was down 7.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.33 earnings per share. 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. On average, analysts expect that Tetra Tech, Inc. will post 1.54 earnings per share for the current year.

Tetra Tech Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 14th were paid a dividend of $0.072 per share. This represents a $0.29 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, May 14th. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. Tetra Tech’s dividend payout ratio (DPR) is presently 16.77%.

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.