Tetra Tech (NASDAQ:TTEK) Hits New 12-Month High Following Earnings Beat

Tetra Tech, Inc. (NASDAQ:TTEK)’s stock price hit a new 52-week high on Thursday after the company announced better than expected quarterly earnings. The company traded as high as $39.10 and last traded at $39.5670, with a volume of 328 shares. The stock had previously closed at $37.10.

The industrial products company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.The firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $974.28 million. During the same quarter last year, the firm earned $0.35 EPS. The business’s quarterly revenue was down 13.4% on a year-over-year basis. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS.

Tetra Tech Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Thursday, February 12th will be issued a $0.065 dividend. The ex-dividend date is Thursday, February 12th. This represents a $0.26 dividend on an annualized basis and a yield of 0.7%. Tetra Tech’s dividend payout ratio (DPR) is presently 27.96%.

Key Stories Impacting Tetra Tech

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

• Positive Sentiment: Q1 results beat expectations — TTEK reported $0.35 EPS (vs. $0.31 consensus) and revenue of $1.21B, driven by improved net revenue and margins; the company highlighted operating income of $141M and adjusted EBITDA of $147M. Tetra Tech Reports Strong First Quarter 2026 Results and Raises Fiscal Year 2026 Guidance
• Positive Sentiment: Raised FY?2026 guidance — management nudged full?year EPS guidance to $1.46–$1.56 and raised net revenue guidance (range roughly in line with consensus), signaling confidence in the back half of the year. Tetra Tech Reports Strong First Quarter 2026 Results and Raises Fiscal Year 2026 Guidance
• Positive Sentiment: Dividend increase — TTEK raised its quarterly dividend 12% to $0.065 per share (annualized yield ~0.7%); ex?dividend date Feb 12 and payable Feb 27, which supports income?oriented investors and signals board confidence. Tetra Tech raises quarterly dividend 12% to $0.065 per share
• Positive Sentiment: Strategic partnership — Tetra Tech Canada signed an MoU with Westinghouse to collaborate on AP1000® and AP300™ nuclear new?build projects in Ontario, expanding potential large?scale infrastructure work. Westinghouse and Tetra Tech Canada Sign Agreement for Nuclear New-Build Projects
• Neutral Sentiment: Q2 guidance in line — Q2 EPS guidance of $0.300–$0.330 overlaps the Street (~$0.31) and revenue guidance is close to consensus, implying no major near?term upside surprise.
• Negative Sentiment: Revenue is down year?over?year — reported revenue declined ~13.4% vs. prior year (though net revenue excluding certain items was better), which highlights cyclicality and near?term top?line pressure. Tetra Tech Reports Strong First Quarter 2026 Results and Raises Fiscal Year 2026 Guidance

Analysts Set New Price Targets

TTEK has been the subject of a number of recent research reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $48.00 target price (up from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. National Bank Financial started coverage on shares of Tetra Tech in a research note on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Finally, Robert W. Baird raised their price target on Tetra Tech from $40.00 to $41.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $42.20.

Institutional Trading of Tetra Tech

Institutional investors and hedge funds have recently bought and sold shares of the business. Bfsg LLC acquired a new stake in shares of Tetra Tech during the third quarter worth about $25,000. Financial Consulate Inc. acquired a new position in shares of Tetra Tech in the third quarter valued at approximately $26,000. MAI Capital Management raised its stake in shares of Tetra Tech by 68.1% during the second quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 344 shares during the last quarter. First Horizon Corp increased its stake in Tetra Tech by 50.4% in the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after buying an additional 295 shares during the period. Finally, Root Financial Partners LLC acquired a new position in shares of Tetra Tech during the third quarter worth about $30,000. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Tetra Tech Stock Performance

The stock’s 50-day moving average is $34.98 and its 200 day moving average is $35.14. The stock has a market cap of $10.33 billion, a price-to-earnings ratio of 42.55 and a beta of 0.90. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18.

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.