Tetra Tech, Inc. (NASDAQ:TTEK) Director J Christopher Lewis sold 8,000 shares of the stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $49.91, for a total transaction of $399,280.00. Following the sale, the director now owns 56,389 shares of the company’s stock, valued at approximately $2,814,374.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

J Christopher Lewis also recently made the following trade(s):

  • On Wednesday, November 29th, J Christopher Lewis sold 4,401 shares of Tetra Tech stock. The stock was sold at an average price of $49.96, for a total transaction of $219,873.96.

Tetra Tech, Inc. (NASDAQ:TTEK) opened at $46.05 on Friday. The stock has a market cap of $2,678.05, a PE ratio of 19.27, a P/E/G ratio of 1.40 and a beta of 1.02. Tetra Tech, Inc. has a 1-year low of $38.85 and a 1-year high of $53.40. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 0.46.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings results on Wednesday, January 31st. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.12. The firm had revenue of $544.85 million during the quarter, compared to analysts’ expectations of $510.22 million. Tetra Tech had a net margin of 4.83% and a return on equity of 14.26%. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.49 earnings per share. analysts predict that Tetra Tech, Inc. will post 2.55 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Wednesday, February 14th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $0.40 annualized dividend and a yield of 0.87%. Tetra Tech’s dividend payout ratio is currently 16.74%.

A number of hedge funds and other institutional investors have recently bought and sold shares of TTEK. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Tetra Tech by 50.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,054 shares of the industrial products company’s stock worth $147,000 after purchasing an additional 1,019 shares in the last quarter. Advisor Group Inc. raised its holdings in Tetra Tech by 194.9% during the second quarter. Advisor Group Inc. now owns 3,279 shares of the industrial products company’s stock worth $150,000 after purchasing an additional 2,167 shares in the last quarter. Global X Management Co. LLC raised its holdings in Tetra Tech by 75.2% during the fourth quarter. Global X Management Co. LLC now owns 3,985 shares of the industrial products company’s stock worth $192,000 after purchasing an additional 1,710 shares in the last quarter. CAPROCK Group Inc. purchased a new position in Tetra Tech during the fourth quarter worth about $200,000. Finally, CIBC Asset Management Inc purchased a new position in Tetra Tech during the fourth quarter worth about $205,000. 85.01% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently weighed in on the stock. Canaccord Genuity reiterated a “buy” rating and set a $60.00 target price on shares of Tetra Tech in a research note on Thursday, February 1st. Zacks Investment Research upgraded shares of Tetra Tech from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a research note on Friday, February 2nd. BidaskClub downgraded shares of Tetra Tech from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 9th. Robert W. Baird increased their price target on shares of Tetra Tech from $47.00 to $52.00 and gave the stock a “neutral” rating in a report on Friday, November 10th. Finally, ValuEngine cut shares of Tetra Tech from a “buy” rating to a “hold” rating in a report on Wednesday, December 20th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $54.57.

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Tetra Tech Company Profile

Tetra Tech, Inc is a provider of consulting, engineering, program management, construction management, and technical services. The Company’s segments include Water, Environment and Infrastructure (WEI), Resource Management and Energy (RME), and Remediation and Construction Management (RCM). The WEI segment provides consulting and engineering services.

Insider Buying and Selling by Quarter for Tetra Tech (NASDAQ:TTEK)

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