Tetra Tech, Inc. $TTEK Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG decreased its position in shares of Tetra Tech, Inc. (NASDAQ:TTEKFree Report) by 98.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,186 shares of the industrial products company’s stock after selling 471,554 shares during the period. J. Safra Sarasin Holding AG’s holdings in Tetra Tech were worth $273,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Phoenix Financial Ltd. lifted its holdings in Tetra Tech by 19.8% during the 3rd quarter. Phoenix Financial Ltd. now owns 6,998 shares of the industrial products company’s stock worth $234,000 after buying an additional 1,156 shares during the last quarter. Compass Wealth Management LLC lifted its stake in shares of Tetra Tech by 6.0% in the 3rd quarter. Compass Wealth Management LLC now owns 16,036 shares of the industrial products company’s stock worth $535,000 after acquiring an additional 911 shares during the period. LBP AM SA boosted its holdings in shares of Tetra Tech by 68.4% in the third quarter. LBP AM SA now owns 345,230 shares of the industrial products company’s stock valued at $11,524,000 after acquiring an additional 140,219 shares in the last quarter. Retirement Systems of Alabama raised its holdings in Tetra Tech by 12.2% during the third quarter. Retirement Systems of Alabama now owns 477,575 shares of the industrial products company’s stock worth $15,941,000 after purchasing an additional 51,748 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its holdings in Tetra Tech by 179.6% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 50,564 shares of the industrial products company’s stock valued at $1,688,000 after purchasing an additional 32,480 shares in the last quarter. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $48.00 price objective (up from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target on the stock in a report on Thursday, November 13th. Robert W. Baird set a $43.00 target price on shares of Tetra Tech in a research report on Thursday. Finally, Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Tetra Tech currently has an average rating of “Moderate Buy” and a consensus price target of $42.60.

Get Our Latest Stock Report on Tetra Tech

Tetra Tech News Summary

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

Tetra Tech Stock Performance

Shares of TTEK opened at $38.22 on Friday. Tetra Tech, Inc. has a one year low of $27.27 and a one year high of $40.88. The company’s fifty day moving average price is $35.04 and its 200 day moving average price is $35.16. The company has a market capitalization of $9.98 billion, a PE ratio of 28.74 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.

Tetra Tech (NASDAQ:TTEKGet Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a net margin of 6.73% and a return on equity of 24.36%. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $974.28 million. During the same period in the prior year, the firm earned $0.35 EPS. The business’s 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. As a group, analysts expect that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

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

Tetra Tech Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Tetra Tech (NASDAQ:TTEK)

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