Tetra Tech, Inc. $TTEK Shares Sold by Whittier Trust Co.

Whittier Trust Co. lowered its holdings in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 94.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,915 shares of the industrial products company’s stock after selling 31,000 shares during the period. Whittier Trust Co.’s holdings in Tetra Tech were worth $60,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Capital International Investors raised its holdings in shares of Tetra Tech by 249.1% in the third quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock valued at $236,320,000 after buying an additional 5,051,485 shares during the last quarter. Norges Bank acquired a new stake in shares of Tetra Tech during the fourth quarter worth about $115,162,000. Impax Asset Management Group plc purchased a new position in shares of Tetra Tech during the fourth quarter worth about $107,603,000. AQR Capital Management LLC grew its holdings in shares of Tetra Tech by 351.6% during the fourth quarter. AQR Capital Management LLC now owns 2,875,372 shares of the industrial products company’s stock worth $96,440,000 after buying an additional 2,238,721 shares during the last quarter. Finally, Corient Private Wealth LLC increased its position in Tetra Tech by 84.9% in the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after acquiring an additional 1,847,087 shares during the period. 93.89% of the stock is owned by hedge funds and other institutional investors.

Tetra Tech Price Performance

Shares of NASDAQ:TTEK opened at $30.94 on Friday. The business’s 50 day simple moving average is $28.61 and its 200-day simple moving average is $32.33. The firm has a market capitalization of $8.03 billion, a price-to-earnings ratio of 18.53 and a beta of 0.92. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.25. Tetra Tech, Inc. has a 12 month low of $25.81 and a 12 month high of $43.14.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $1.22 billion for 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 was down 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, equities analysts forecast that Tetra Tech, Inc. will post 1.54 earnings per share for the current fiscal year.

Tetra Tech Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th were given a $0.072 dividend. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Thursday, May 14th. Tetra Tech’s dividend payout ratio (DPR) is 17.37%.

Analysts Set New Price Targets

Several analysts have commented on TTEK shares. Weiss Ratings downgraded Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Robert W. Baird set a $35.00 target price on Tetra Tech in a research note on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $41.00.

Insider Buying and Selling at Tetra Tech

In other news, Director Jeffrey R. Feeler purchased 1,900 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $26.41 per share, with a total value of $50,179.00. Following the purchase, the director directly owned 1,900 shares of the company’s stock, valued at $50,179. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.49% of the stock is currently owned by corporate 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.