231,029 Shares in Tetra Tech, Inc. $TTEK Purchased by Jupiter Topco LLC

Jupiter Topco LLC bought a new position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 231,029 shares of the industrial products company’s stock, valued at approximately $6,673,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Optas LLC increased its holdings in shares of Tetra Tech by 2.6% during the 1st quarter. Optas LLC now owns 12,803 shares of the industrial products company’s stock worth $386,000 after buying an additional 330 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in shares of Tetra Tech by 63.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 341 shares during the period. Larson Financial Group LLC lifted its holdings in Tetra Tech by 26.9% in the fourth quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock valued at $57,000 after acquiring an additional 358 shares during the last quarter. Parallel Advisors LLC grew its position in Tetra Tech by 8.1% in the first quarter. Parallel Advisors LLC now owns 4,799 shares of the industrial products company’s stock worth $145,000 after acquiring an additional 359 shares during the period. Finally, Groupe la Francaise grew its position in Tetra Tech by 4.3% in the fourth quarter. Groupe la Francaise now owns 12,000 shares of the industrial products company’s stock worth $402,000 after acquiring an additional 500 shares during the period. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on TTEK shares. Robert W. Baird set a $37.00 target price on Tetra Tech in a research report on Thursday, July 30th. National Bank Financial lowered their price target on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Weiss Ratings raised Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Royal Bank Of Canada reduced their price objective on shares of Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Finally, Wall Street Zen cut shares of Tetra Tech from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. Three equities research 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, the stock has an average rating of “Moderate Buy” and a consensus target price of $38.25.

Tetra Tech Price Performance

Tetra Tech stock opened at $36.54 on Monday. Tetra Tech, Inc. has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18. The firm has a 50 day moving average price of $32.74 and a 200 day moving average price of $31.73. The company has a market capitalization of $9.36 billion, a PE ratio of 22.01 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results 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 return on equity of 22.32% and a net margin of 8.60%.The company had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the firm earned $0.43 earnings per share. The firm’s revenue was down 4.4% compared to the same quarter last year. 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. Research analysts expect that Tetra Tech, Inc. will post 1.58 earnings per share for the current year.

Tetra Tech Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were issued a $0.072 dividend. This represents a $0.29 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Thursday, August 13th. Tetra Tech’s payout ratio is currently 17.47%.

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.