Tetra Tech (NASDAQ:TTEK) Issues FY 2026 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.560-1.590 for the period, compared to the consensus estimate of 1.540. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion. Tetra Tech also updated its Q4 2026 guidance to 0.450-0.480 EPS.

Tetra Tech Stock Up 0.1%

Shares of TTEK traded up $0.03 during trading hours on Friday, reaching $32.48. 470,458 shares of the stock traded hands, compared to its average volume of 3,176,251. 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 company has a market cap of $8.43 billion, a price-to-earnings ratio of 19.58 and a beta of 0.92. Tetra Tech has a 52 week low of $25.81 and a 52 week high of $43.14. The stock has a fifty day simple moving average of $29.41 and a 200 day simple moving average of $32.05.

Tetra Tech (NASDAQ:TTEK) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.08 billion. Tetra Tech had a return on equity of 22.39% and a net margin of 8.60%.The company’s revenue was down 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 EPS. 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, equities analysts forecast that Tetra Tech will post 1.54 EPS for the current year.

Tetra Tech Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be given a dividend of $0.072 per share. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, August 13th. Tetra Tech’s dividend payout ratio is currently 17.37%.

Analysts Set New Price Targets

TTEK has been the topic of several research analyst reports. Wall Street Zen downgraded Tetra Tech from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Royal Bank Of Canada lowered their price objective on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. 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. National Bank Financial cut their price objective on shares of Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Finally, Robert W. Baird set a $37.00 target price on Tetra Tech in a research report on Thursday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Tetra Tech has an average rating of “Moderate Buy” and a consensus price target of $39.20.

Insider Activity at Tetra Tech

In related news, Director Jeffrey R. Feeler acquired 1,900 shares of the stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of $26.41 per share, for a total transaction of $50,179.00. Following the transaction, the director owned 1,900 shares in the company, valued at $50,179. This represents a ? increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 0.49% of the stock is owned by insiders.

Hedge Funds Weigh In On Tetra Tech

Institutional investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC lifted its position in 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 worth $30,000 after buying an additional 341 shares during the last quarter. Geneos Wealth Management Inc. raised its position in Tetra Tech by 136.1% in 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 during the period. Danske Bank A S purchased a new stake in Tetra Tech during the third quarter valued at about $53,000. Wilmington Savings Fund Society FSB increased its holdings in shares of Tetra Tech by 84.0% in the third quarter. Wilmington Savings Fund Society FSB now owns 1,755 shares of the industrial products company’s stock worth $59,000 after buying an additional 801 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in Tetra Tech by 754.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock valued at $67,000 after acquiring an additional 1,638 shares during the period. 93.89% of the stock is currently owned by institutional investors.

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.