Tetra Technologies (NYSE:TTI) Trading Down 5.6% – Here’s Why

Tetra Technologies, Inc. (NYSE:TTI) shares were down 5.6% during mid-day trading on Tuesday . The company traded as low as $6.47 and last traded at $6.5120. 700,350 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 1,788,416 shares. The stock had previously closed at $6.90.

Key Headlines Impacting Tetra Technologies

Here are the key news stories impacting Tetra Technologies this week:

• Positive Sentiment: Director Angela D. John purchased 10,000 TTI shares for approximately $65,000 at an average price of $6.50. The purchase increased her direct ownership by 11.44% to 97,434 shares, potentially signaling that she views the recent weakness as an attractive entry point. SEC insider transaction filing
• Positive Sentiment: Chief Executive Officer Brady Murphy and Treasurer and Vice President of Investor Relations Kurt Hallead are scheduled to meet institutional investors at the Barclays Energy-Power Conference on September 9 and the Jefferies Renewables, Clean Energy and E&C Conference on September 10. The meetings could give management an opportunity to discuss growth initiatives and improve visibility with investors. TETRA investor conference announcement
• Neutral Sentiment: An analyst roundup included Tetra Technologies among several industrial-goods companies, but the available details did not identify a new rating, price-target revision, or other material change specific to TTI. Analyst roundup
• Negative Sentiment: Northland Securities lowered its FY2026 EPS estimate to $0.23 from $0.24 and cut its forecasts for Q1, Q2 and Q3 2027 to $0.04, $0.09 and $0.05, respectively. The reductions indicate expectations for softer profitability and remain below the current full-year consensus estimate of $0.26 per share. Tetra Technologies analyst estimates

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on TTI. Northland Securities set a $10.00 price target on Tetra Technologies in a research report on Tuesday. Weiss Ratings downgraded Tetra Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 4th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Tetra Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $11.50.

Tetra Technologies Stock Up 1.9%

The company has a current ratio of 2.46, a quick ratio of 1.76 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $985.43 million, a PE ratio of 166.42 and a beta of 1.23. The firm has a 50-day moving average of $8.50 and a two-hundred day moving average of $9.15.

Tetra Technologies (NYSE:TTI) last posted its quarterly earnings results on Monday, August 3rd. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.08. The firm had revenue of $185.66 million during the quarter, compared to the consensus estimate of $176.16 million. Tetra Technologies had a return on equity of 9.11% and a net margin of 0.97%.During the same quarter in the previous year, the business earned $0.08 earnings per share. On average, equities research analysts forecast that Tetra Technologies, Inc. will post 0.26 EPS for the current year.

Insider Activity at Tetra Technologies

In related news, Director Angela D. John acquired 10,000 shares of Tetra Technologies stock in a transaction on Wednesday, September 2nd. The shares were bought at an average price of $6.50 per share, for a total transaction of $65,000.00. Following the completion of the purchase, the director directly owned 97,434 shares in the company, valued at $633,321. This trade represents a 11.44% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Brady M. Murphy sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $10.72, for a total value of $536,000.00. Following the completion of the transaction, the chief executive officer owned 2,965,457 shares of the company’s stock, valued at approximately $31,789,699.04. This represents a 1.66% decrease in their position. The SEC filing for this sale provides additional information. 6.27% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Tetra Technologies

A number of institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LP acquired a new position in shares of Tetra Technologies in the second quarter worth about $114,000. Amundi grew its holdings in Tetra Technologies by 249.5% during the 2nd quarter. Amundi now owns 58,017 shares of the oil and gas company’s stock worth $657,000 after acquiring an additional 41,419 shares in the last quarter. California State Teachers Retirement System increased its position in shares of Tetra Technologies by 902.8% in the 2nd quarter. California State Teachers Retirement System now owns 1,654,191 shares of the oil and gas company’s stock worth $18,742,000 after purchasing an additional 1,489,237 shares during the last quarter. Benjamin Edwards Inc. increased its position in shares of Tetra Technologies by 15.4% in the 2nd quarter. Benjamin Edwards Inc. now owns 17,357 shares of the oil and gas company’s stock worth $197,000 after purchasing an additional 2,318 shares during the last quarter. Finally, Penn Capital Management Company LLC raised its stake in shares of Tetra Technologies by 62.4% in the 2nd quarter. Penn Capital Management Company LLC now owns 180,867 shares of the oil and gas company’s stock valued at $2,049,000 after purchasing an additional 69,500 shares in the last quarter. Institutional investors and hedge funds own 70.19% of the company’s stock.

About Tetra Technologies

Tetra Technologies, Inc (NYSE: TTI) is a provider of specialized products and services to the upstream oil and gas industry. The company operates through two primary segments: Oilfield Services, which offers hydraulic fracturing and wellsite fluid systems, and Chemical Solutions, which manufactures and delivers a broad range of drilling, completion and production chemicals. Tetra’s integrated service model spans the design, blending and on-site delivery of fluids, as well as pumping equipment and related wellsite operations.

Within the Oilfield Services segment, Tetra supplies pressure pumping fleets and associated equipment to support onshore hydraulic fracturing and well placement activities.