Systematic Financial Management LP Acquires 103,582 Shares of Tetra Tech, Inc. $TTEK

Systematic Financial Management LP raised its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 56.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 286,772 shares of the industrial products company’s stock after acquiring an additional 103,582 shares during the quarter. Systematic Financial Management LP’s holdings in Tetra Tech were worth $9,618,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of TTEK. Root Financial Partners LLC bought a new position in Tetra Tech in the 3rd quarter valued at $30,000. First Horizon Corp grew its position in shares of Tetra Tech by 50.4% during the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock worth $30,000 after buying an additional 295 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of Tetra Tech by 136.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after buying an additional 751 shares in the last quarter. Danske Bank A S bought a new position in shares of Tetra Tech during the 3rd quarter worth $53,000. Finally, Larson Financial Group LLC grew its position in shares of Tetra Tech by 26.9% during the 4th quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock worth $57,000 after buying an additional 358 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

Tetra Tech Stock Performance

Shares of NASDAQ:TTEK opened at $27.65 on Monday. Tetra Tech, Inc. has a 52-week low of $25.81 and a 52-week high of $43.14. The stock has a market cap of $7.18 billion, a price-to-earnings ratio of 16.56 and a beta of 1.00. 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 business has a 50-day moving average price of $30.45 and a 200-day moving average price of $33.69.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.03. The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The company’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same period last year, the business posted $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. Equities analysts predict that Tetra Tech, Inc. will post 1.53 EPS for the current year.

Tetra Tech Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th will be given a $0.072 dividend. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date is Thursday, May 14th. Tetra Tech’s dividend payout ratio (DPR) is presently 17.37%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on TTEK shares. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research note on Monday, April 20th. Robert W. Baird set a $35.00 price target on Tetra Tech in a research note on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $41.00.

Insider Activity at Tetra Tech

In other Tetra Tech news, Director Jeffrey R. Feeler acquired 1,900 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of $26.41 per share, for a total transaction of $50,179.00. Following the completion of the transaction, the director directly owned 1,900 shares of the company’s stock, valued at $50,179. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.49% of the stock is owned by company insiders.

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.