Trillium Asset Management LLC Has $13.32 Million Stake in Tetra Tech, Inc. $TTEK

Trillium Asset Management LLC trimmed its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 6.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 391,329 shares of the industrial products company’s stock after selling 27,392 shares during the period. Trillium Asset Management LLC owned about 0.15% of Tetra Tech worth $13,316,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Advisors Asset Management Inc. raised its holdings in shares of Tetra Tech by 10.7% during the fourth quarter. Advisors Asset Management Inc. now owns 132,321 shares of the industrial products company’s stock worth $4,438,000 after acquiring an additional 12,788 shares during the period. Federation des caisses Desjardins du Quebec raised its holdings in shares of Tetra Tech by 313.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 75,766 shares of the industrial products company’s stock worth $2,541,000 after acquiring an additional 57,422 shares during the period. HRT Financial LP raised its holdings in shares of Tetra Tech by 54.7% during the fourth quarter. HRT Financial LP now owns 189,285 shares of the industrial products company’s stock worth $6,348,000 after acquiring an additional 66,935 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Tetra Tech during the fourth quarter worth $208,000. Finally, Orion Porfolio Solutions LLC grew its position in Tetra Tech by 13.0% in the fourth quarter. Orion Porfolio Solutions LLC now owns 58,197 shares of the industrial products company’s stock valued at $1,952,000 after purchasing an additional 6,713 shares in the last quarter. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Tetra Tech

In other news, Director Jeffrey R. Feeler acquired 1,900 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was bought at an average price of $26.41 per share, with a total value of $50,179.00. Following the transaction, the director directly owned 1,900 shares in the company, valued at approximately $50,179. The trade was a ? increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.49% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TTEK. Weiss Ratings downgraded shares of Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Robert W. Baird set a $35.00 target price on shares of Tetra Tech in a research report on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $41.00.

Tetra Tech Stock Up 1.8%

Tetra Tech stock opened at $28.43 on Friday. The company has a market cap of $7.38 billion, a P/E ratio of 17.02 and a beta of 0.93. Tetra Tech, Inc. has a 1-year low of $25.81 and a 1-year high of $43.14. The company has a fifty day simple moving average of $29.46 and a 200 day simple moving average of $33.06. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The firm’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.33 earnings per share. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. Research analysts anticipate that Tetra Tech, Inc. will post 1.53 earnings per share for the current fiscal year.

Tetra Tech Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Thursday, May 14th were given a $0.072 dividend. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 1.0%. Tetra Tech’s payout ratio is 17.37%.

Tetra Tech 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.