Tetra Tech, Inc. $TTEK is Osprey Private Wealth LLC’s 8th Largest Position

Osprey Private Wealth LLC grew its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 5.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 363,415 shares of the industrial products company’s stock after acquiring an additional 19,390 shares during the period. Tetra Tech comprises approximately 3.2% of Osprey Private Wealth LLC’s holdings, making the stock its 8th biggest holding. Osprey Private Wealth LLC owned about 0.14% of Tetra Tech worth $10,946,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. AlpenGlobal Capital LLC acquired a new stake in Tetra Tech in the 1st quarter valued at $3,232,000. Oregon Public Employees Retirement Fund lifted its stake in shares of Tetra Tech by 3.1% during the first quarter. Oregon Public Employees Retirement Fund now owns 53,525 shares of the industrial products company’s stock worth $1,612,000 after purchasing an additional 1,600 shares in the last quarter. Hunter Associates Investment Management LLC boosted its position in shares of Tetra Tech by 20.3% in the first quarter. Hunter Associates Investment Management LLC now owns 40,194 shares of the industrial products company’s stock worth $1,213,000 after buying an additional 6,785 shares during the period. PFG Investments LLC acquired a new stake in shares of Tetra Tech in the first quarter valued at about $935,000. Finally, New York State Teachers Retirement System raised its holdings in shares of Tetra Tech by 6.7% during the 1st quarter. New York State Teachers Retirement System now owns 264,667 shares of the industrial products company’s stock valued at $7,972,000 after buying an additional 16,622 shares during the period. Institutional investors and hedge funds own 93.89% of the company’s stock.

Tetra Tech Stock Up 0.2%

Shares of NASDAQ TTEK traded up $0.05 during midday trading on Friday, reaching $30.99. 2,043,520 shares of the company’s stock were exchanged, compared to its average volume of 3,389,054. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.25. Tetra Tech, Inc. has a 52-week low of $25.81 and a 52-week high of $43.14. The business’s fifty day moving average price is $28.59 and its two-hundred day moving average price is $32.33. The stock has a market capitalization of $8.04 billion, a PE ratio of 18.56 and a beta of 0.92.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the prior year, the business posted $0.33 earnings per share. Tetra Tech’s revenue for the quarter was down 7.7% on a year-over-year basis. 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. Analysts forecast that Tetra Tech, Inc. will post 1.54 EPS for the current year.

Tetra Tech Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th were paid a $0.072 dividend. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date was Thursday, May 14th. Tetra Tech’s payout ratio is presently 16.77%.

Insider Transactions at Tetra Tech

In related news, Director Jeffrey R. Feeler acquired 1,900 shares of Tetra Tech stock in a transaction on Friday, May 15th. The shares were purchased at an average cost of $26.41 per share, for a total transaction of $50,179.00. Following the purchase, the director directly owned 1,900 shares of the company’s stock, valued at $50,179. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.49% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

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.