Osprey Private Wealth LLC Acquires 86,675 Shares of Tetra Tech, Inc. $TTEK

Osprey Private Wealth LLC raised its stake in Tetra Tech, Inc. (NASDAQ:TTEK) by 39.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 305,475 shares of the industrial products company’s stock after buying an additional 86,675 shares during the period. Tetra Tech makes up about 3.7% of Osprey Private Wealth LLC’s investment portfolio, making the stock its 8th largest holding. Osprey Private Wealth LLC’s holdings in Tetra Tech were worth $10,197,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FORA Capital LLC acquired a new stake in Tetra Tech during the 1st quarter valued at $442,000. Parallel Advisors LLC raised its stake in shares of Tetra Tech by 38.7% during the 2nd quarter. Parallel Advisors LLC now owns 4,408 shares of the industrial products company’s stock worth $159,000 after purchasing an additional 1,231 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Tetra Tech by 75.8% in the first quarter. Ameriprise Financial Inc. now owns 1,523,809 shares of the industrial products company’s stock valued at $44,571,000 after acquiring an additional 656,872 shares during the last quarter. King Luther Capital Management Corp lifted its stake in Tetra Tech by 6.8% in the second quarter. King Luther Capital Management Corp now owns 1,643,157 shares of the industrial products company’s stock valued at $59,088,000 after acquiring an additional 105,286 shares during the last quarter. Finally, Bessemer Group Inc. grew its position in Tetra Tech by 24.5% in the second quarter. Bessemer Group Inc. now owns 970,018 shares of the industrial products company’s stock worth $34,881,000 after acquiring an additional 190,995 shares in the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

Tetra Tech Stock Up 1.1%

TTEK opened at $34.54 on Thursday. The business has a 50 day moving average of $33.76 and a 200-day moving average of $35.22. The stock has a market capitalization of $9.01 billion, a price-to-earnings ratio of 37.14 and a beta of 0.88. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. Tetra Tech, Inc. has a 1-year low of $27.27 and a 1-year high of $42.98.

Tetra Tech (NASDAQ:TTEK) last announced its earnings results on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.06 billion. Tetra Tech had a net margin of 4.55% and a return on equity of 25.79%. Tetra Tech’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.38 earnings per share. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.400-1.550 EPS. As a group, sell-side analysts anticipate that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Monday, December 1st were paid a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, December 1st. Tetra Tech’s dividend payout ratio (DPR) is presently 27.96%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Royal Bank Of Canada reissued an “outperform” rating and set a $48.00 target price (up from $47.00) on shares of Tetra Tech in a research report on Friday, November 14th. Northcoast Research upgraded Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a report on Thursday, November 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, October 8th. Finally, National Bank Financial initiated coverage on Tetra Tech in a report on Wednesday, October 8th. They set an “outperform” rating and a $41.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $42.20.

About Tetra Tech

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.