WBI Investments LLC Has $503,000 Holdings in Tetra Tech, Inc. $TTEK

WBI Investments LLC decreased its position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 73.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,074 shares of the industrial products company’s stock after selling 41,882 shares during the quarter. WBI Investments LLC’s holdings in Tetra Tech were worth $503,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Sands Capital Management LLC increased its stake in Tetra Tech by 38.0% during the 3rd quarter. Sands Capital Management LLC now owns 7,179,032 shares of the industrial products company’s stock valued at $239,636,000 after purchasing an additional 1,978,697 shares in the last quarter. Capital International Investors grew its holdings in shares of Tetra Tech by 249.1% during the third quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company’s stock valued at $236,320,000 after buying an additional 5,051,485 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Tetra Tech by 12.0% during the third 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 in the last quarter. Corient Private Wealth LLC increased its position in shares of Tetra Tech by 84.9% during the second quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock worth $147,095,000 after acquiring an additional 1,847,087 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Tetra Tech by 1.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,593,261 shares of the industrial products company’s stock worth $119,947,000 after acquiring an additional 48,163 shares during the last quarter. 93.89% of the stock is owned by institutional investors and hedge funds.

Tetra Tech Trading Down 3.1%

NASDAQ:TTEK opened at $30.78 on Thursday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.31 and a current ratio of 1.31. The firm has a market cap of $8.03 billion, a price-to-earnings ratio of 23.14 and a beta of 0.90. Tetra Tech, Inc. has a 52 week low of $27.27 and a 52 week high of $43.14. The firm has a 50-day moving average price of $36.34 and a two-hundred day moving average price of $34.95.

Tetra Tech (NASDAQ:TTEK) last released its earnings results 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 analysts’ expectations of $974.28 million. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The business’s revenue for the quarter was down 13.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.35 EPS. 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 expect that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, February 12th. Tetra Tech’s dividend payout ratio is currently 19.55%.

Insider Activity

In other news, SVP Brian N. Carter sold 9,979 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total transaction of $401,455.17. Following the completion of the sale, the senior vice president owned 46,496 shares in the company, valued at $1,870,534.08. This trade represents a 17.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.49% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TTEK. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Robert W. Baird set a $43.00 price objective on Tetra Tech in a research note on Thursday, January 29th. Finally, Wall Street Zen upgraded Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Tetra Tech has an average rating of “Moderate Buy” and a consensus 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.