
Tetra Tech, Inc. (NASDAQ:TTEK – Free Report) – Research analysts at KeyCorp boosted their FY2026 EPS estimates for Tetra Tech in a report released on Thursday, July 30th. KeyCorp analyst S. Jain now expects that the industrial products company will earn $1.58 per share for the year, up from their prior forecast of $1.54. The consensus estimate for Tetra Tech’s current full-year earnings is $1.58 per share. KeyCorp also issued estimates for Tetra Tech’s Q4 2026 earnings at $0.47 EPS and FY2027 earnings at $1.78 EPS.
Other equities research analysts have also recently issued reports about the company. National Bank Financial reduced their price objective on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a research note on Monday, July 13th. Robert W. Baird set a $37.00 price objective on Tetra Tech in a research note on Thursday, July 30th. Royal Bank Of Canada dropped their target price on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, Weiss Ratings upgraded Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Tetra Tech currently has a consensus rating of “Moderate Buy” and an average price target of $38.25.
Tetra Tech Stock Down 1.1%
Shares of NASDAQ:TTEK opened at $35.04 on Monday. 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 has a 12 month low of $25.81 and a 12 month high of $43.14. The company has a 50-day moving average price of $30.35 and a 200 day moving average price of $31.94. The company has a market cap of $8.97 billion, a price-to-earnings ratio of 21.11 and a beta of 0.90.
Tetra Tech (NASDAQ:TTEK – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. Tetra Tech had a net margin of 8.60% and a return on equity of 22.32%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the company posted $0.43 EPS. The business’s revenue was down 4.4% on a year-over-year basis. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS.
Tetra Tech Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be issued a dividend of $0.072 per share. This represents a $0.29 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, August 13th. Tetra Tech’s dividend payout ratio is presently 16.87%.
Insiders Place Their Bets
In other news, Director Jeffrey R. Feeler acquired 1,900 shares of Tetra Tech stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of $26.41 per share, with a total value of $50,179.00. Following the transaction, the director directly owned 1,900 shares of the company’s stock, valued at $50,179. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.49% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Capital International Investors lifted its stake in shares of Tetra Tech by 27.4% during the 4th quarter. Capital International Investors now owns 9,016,577 shares of the industrial products company’s stock worth $302,416,000 after acquiring an additional 1,936,902 shares during the last quarter. Geode Capital Management LLC grew its position in Tetra Tech by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 5,082,342 shares of the industrial products company’s stock valued at $170,496,000 after acquiring an additional 52,375 shares during the last quarter. Corient Private Wealth LLC increased its stake in Tetra Tech by 84.9% in the second quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock worth $147,095,000 after purchasing an additional 1,847,087 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Tetra Tech by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 3,789,240 shares of the industrial products company’s stock worth $114,128,000 after purchasing an additional 112,560 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Tetra Tech during the fourth quarter worth $115,162,000. Institutional investors own 93.89% of the company’s stock.
Tetra Tech Company 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.
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