PFG Investments LLC Makes New $935,000 Investment in Tetra Tech, Inc. $TTEK

PFG Investments LLC bought a new stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 31,058 shares of the industrial products company’s stock, valued at approximately $935,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. New York State Teachers Retirement System boosted its stake in shares of Tetra Tech by 6.7% in the first quarter. New York State Teachers Retirement System now owns 264,667 shares of the industrial products company’s stock worth $7,972,000 after acquiring an additional 16,622 shares during the last quarter. Optas LLC lifted its holdings in Tetra Tech by 2.6% in the 1st quarter. Optas LLC now owns 12,803 shares of the industrial products company’s stock valued at $386,000 after purchasing an additional 330 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its stake in Tetra Tech by 77.6% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 244,492 shares of the industrial products company’s stock worth $7,364,000 after purchasing an additional 106,792 shares during the last quarter. Patten Group Inc. grew its holdings in shares of Tetra Tech by 10.4% during the first quarter. Patten Group Inc. now owns 17,654 shares of the industrial products company’s stock worth $532,000 after buying an additional 1,657 shares in the last quarter. Finally, Impact Partnership Wealth LLC acquired a new stake in shares of Tetra Tech in the first quarter valued at about $435,000. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Tetra Tech Trading Down 0.3%

Tetra Tech stock traded down $0.09 during midday trading on Tuesday, hitting $31.06. 220,738 shares of the stock were exchanged, compared to its average volume of 3,208,239. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The stock’s 50-day simple moving average is $28.64 and its 200 day simple moving average is $32.41. Tetra Tech, Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The stock has a market capitalization of $8.06 billion, a price-to-earnings ratio of 18.56 and a beta of 0.92.

Tetra Tech (NASDAQ:TTEK) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share 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% on a year-over-year basis. During the same period in the previous year, the business posted $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. On average, equities analysts anticipate that Tetra Tech, Inc. will post 1.54 EPS for the current 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 given a $0.072 dividend. The ex-dividend date was Thursday, May 14th. This is a positive change from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 annualized dividend and a yield of 0.9%. Tetra Tech’s dividend payout ratio (DPR) is currently 17.37%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Robert W. Baird set a $35.00 price target on shares of Tetra Tech in a research report on Thursday, April 30th. Weiss Ratings lowered shares of Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $41.00.

Insider Transactions at Tetra Tech

In other Tetra Tech news, Director Jeffrey R. Feeler bought 1,900 shares of the business’s stock in a transaction on 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 directly owned 1,900 shares in the company, valued at $50,179. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.49% of the stock is currently owned by company insiders.

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.