Insider Buying: Tetra Tech (NASDAQ:TTEK) Director Purchases $50,179.00 in Stock

Tetra Tech, Inc. (NASDAQ:TTEK) Director Jeffrey Feeler acquired 1,900 shares of the 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 transaction, the director directly owned 1,900 shares in the company, valued at approximately $50,179. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Tetra Tech Stock Performance

Shares of NASDAQ TTEK opened at $26.18 on Monday. Tetra Tech, Inc. has a 1-year low of $25.81 and a 1-year high of $43.14. The company has a 50-day moving average of $31.16 and a two-hundred day moving average of $33.86. The company has a market cap of $6.79 billion, a PE ratio of 15.68 and a beta of 1.00. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Tetra Tech (NASDAQ:TTEK) last released 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. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same period in the prior year, the firm earned $0.33 earnings per share. Tetra Tech’s revenue was down 7.7% compared to the same quarter last year. 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, equities analysts expect that Tetra Tech, Inc. will post 1.53 earnings per share for the current fiscal year.

Tetra Tech Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th will be paid a $0.072 dividend. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $0.29 annualized dividend and a dividend yield of 1.1%. Tetra Tech’s payout ratio is 17.37%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Robert W. Baird set a $35.00 price target on Tetra Tech in a research note on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.00.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Bfsg LLC acquired a new stake in shares of Tetra Tech during the third quarter worth $25,000. First Horizon Corp lifted its stake in Tetra Tech by 50.4% in the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 295 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in Tetra Tech by 63.3% during the fourth 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. Root Financial Partners LLC bought a new position in Tetra Tech during the third quarter worth about $30,000. Finally, OP Asset Management Ltd acquired a new position in shares of Tetra Tech during the 1st quarter worth about $34,000. Institutional investors and hedge funds own 93.89% of the company’s stock.

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.