Tetra Tech, Inc. (NASDAQ:TTEK) Receives $41.00 Consensus Target Price from Analysts

Shares of Tetra Tech, Inc. (NASDAQ:TTEK) have been given an average recommendation of “Moderate Buy” by the six research firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $41.00.

Several research firms recently issued reports on TTEK. Robert W. Baird set a $35.00 price target on shares of Tetra Tech in a report on Thursday, April 30th. Weiss Ratings lowered Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th.

Tetra Tech Price Performance

Tetra Tech stock opened at $30.94 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.25. The business has a 50 day simple moving average of $28.61 and a 200-day simple moving average of $32.33. Tetra Tech has a 12 month low of $25.81 and a 12 month high of $43.14. The stock has a market capitalization of $8.03 billion, a PE ratio of 18.53 and a beta of 0.92.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings data 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 firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1 billion. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. Tetra Tech’s quarterly revenue was down 7.7% on a year-over-year basis. During the same period last year, the firm posted $0.33 EPS. 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. Equities analysts predict that Tetra Tech will post 1.54 earnings per share for the current year.

Tetra Tech Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 14th were given a dividend of $0.072 per share. This represents a $0.29 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Thursday, May 14th. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. Tetra Tech’s payout ratio is presently 17.37%.

Insider Buying and Selling at Tetra Tech

In related news, Director Jeffrey R. Feeler purchased 1,900 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $26.41 per share, for a total transaction of $50,179.00. Following the acquisition, the director directly owned 1,900 shares of the company’s stock, valued at $50,179. This trade represents a ? increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.49% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Capital International Investors lifted its position in shares of Tetra Tech by 27.4% during the 4th quarter. Capital International Investors now owns 9,016,577 shares of the industrial products company’s stock valued at $302,416,000 after acquiring an additional 1,936,902 shares during the period. Sands Capital Management LLC grew its holdings in shares of Tetra Tech by 38.0% in the 3rd quarter. Sands Capital Management LLC now owns 7,179,032 shares of the industrial products company’s stock worth $239,636,000 after acquiring an additional 1,978,697 shares during the period. Alliancebernstein L.P. grew its holdings in shares of Tetra Tech by 12.0% in the 3rd quarter. Alliancebernstein L.P. now owns 6,581,244 shares of the industrial products company’s stock worth $219,682,000 after acquiring an additional 705,673 shares during the period. Geode Capital Management LLC increased its stake in Tetra Tech by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 5,082,342 shares of the industrial products company’s stock valued at $170,496,000 after purchasing an additional 52,375 shares in the last quarter. Finally, Corient Private Wealth LLC increased its stake in Tetra Tech by 84.9% in the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after purchasing an additional 1,847,087 shares in the last quarter. 93.89% of the stock is currently owned by institutional investors and hedge funds.

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.