TimesSquare Capital Management LLC Has $16.52 Million Stock Holdings in Tetra Tech, Inc. $TTEK

TimesSquare Capital Management LLC decreased its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 52.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 495,020 shares of the industrial products company’s stock after selling 552,776 shares during the period. TimesSquare Capital Management LLC’s holdings in Tetra Tech were worth $16,524,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TTEK. Bfsg LLC acquired a new position in shares of Tetra Tech during the third quarter worth approximately $25,000. Financial Consulate Inc. bought a new position in Tetra Tech in the 3rd quarter worth approximately $26,000. MAI Capital Management lifted its holdings in Tetra Tech by 68.1% during the 2nd quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock worth $31,000 after buying an additional 344 shares in the last quarter. Root Financial Partners LLC bought a new position in Tetra Tech in the 3rd quarter valued at $30,000. Finally, Parkside Financial Bank & Trust increased its stake in shares of Tetra Tech by 54.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 987 shares of the industrial products company’s stock valued at $35,000 after buying an additional 348 shares during the period. Institutional investors and hedge funds own 93.89% of the company’s stock.

Insider Activity

In related news, SVP Brian N. Carter sold 9,979 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $40.23, for a total transaction of $401,455.17. Following the sale, the senior vice president owned 46,496 shares of the company’s stock, valued at approximately $1,870,534.08. This trade represents a 17.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.49% of the stock is owned by company insiders.

Tetra Tech Price Performance

Shares of TTEK opened at $36.69 on Monday. The stock has a market cap of $9.57 billion, a P/E ratio of 27.59 and a beta of 0.91. Tetra Tech, Inc. has a 1 year low of $27.27 and a 1 year high of $43.14. The stock’s 50-day moving average price is $36.18 and its two-hundred day moving average price is $35.27. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.45.

Tetra Tech (NASDAQ:TTEK) last announced 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 23.84%. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $974.28 million. During the same period last year, the company posted $0.35 EPS. Tetra Tech’s revenue for the quarter 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. On average, equities analysts predict that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 12th will be given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 12th. Tetra Tech’s dividend payout ratio (DPR) is currently 19.55%.

Analyst Ratings Changes

Several brokerages have recently issued reports on TTEK. Wall Street Zen raised Tetra Tech from a “hold” rating to a “buy” rating in a research note on Sunday, November 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $48.00 target price (up previously from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Northcoast Research raised shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a research note on Thursday, November 13th. Finally, Robert W. Baird set a $43.00 price objective on shares of Tetra Tech in a report on Thursday, January 29th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $42.60.

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.