Tetra Tech (NASDAQ:TTEK) Updates FY 2026 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.460-1.560 for the period, compared to the consensus EPS estimate of 1.490. The company issued revenue guidance of $4.2 billion-$4.3 billion, compared to the consensus revenue estimate of $4.2 billion. Tetra Tech also updated its Q2 2026 guidance to 0.300-0.330 EPS.

Tetra Tech Price Performance

NASDAQ TTEK traded down $0.23 during trading hours on Wednesday, reaching $37.10. 2,679,391 shares of the company’s stock were exchanged, compared to its average volume of 2,032,621. The firm has a fifty day moving average of $34.94 and a 200-day moving average of $35.13. Tetra Tech has a one year low of $27.27 and a one year high of $38.78. The stock has a market cap of $9.69 billion, a PE ratio of 39.89 and a beta of 0.90. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $974.28 million. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.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. On average, equities research analysts predict that Tetra Tech will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Monday, December 1st were issued a $0.065 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.7%. Tetra Tech’s dividend payout ratio (DPR) is currently 27.96%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Robert W. Baird increased their price objective on shares of Tetra Tech from $40.00 to $41.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. Royal Bank Of Canada reiterated an “outperform” rating and set a $48.00 target price (up previously from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a research report on Sunday, November 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Finally, National Bank Financial began coverage on Tetra Tech in a research report on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $42.20.

Institutional Investors Weigh In On Tetra Tech

A number of large investors have recently bought and sold shares of TTEK. Geneos Wealth Management Inc. lifted its holdings in shares of Tetra Tech by 136.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 751 shares in the last quarter. Danske Bank A S bought a new stake in shares of Tetra Tech in the 3rd quarter worth $53,000. Wilmington Savings Fund Society FSB lifted its position in shares of Tetra Tech by 84.0% during the third quarter. Wilmington Savings Fund Society FSB now owns 1,755 shares of the industrial products company’s stock valued at $59,000 after purchasing an additional 801 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Tetra Tech by 754.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock worth $67,000 after acquiring an additional 1,638 shares during the period. Finally, Brown Brothers Harriman & Co. grew its position in Tetra Tech by 22.6% during the third quarter. Brown Brothers Harriman & Co. now owns 4,626 shares of the industrial products company’s stock valued at $154,000 after buying an additional 853 shares during the period. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Tetra Tech Company 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.