Tetra Tech (NASDAQ:TTEK) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Tetra Tech (NASDAQ:TTEK) released its quarterly earnings results on Wednesday. The industrial products company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03, FiscalAI reports. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1 billion. Tetra Tech updated its FY 2026 guidance to 1.500-1.580 EPS and its Q3 2026 guidance to 0.38-0.41 EPS.

Tetra Tech Stock Performance

NASDAQ:TTEK traded up $0.49 during mid-day trading on Wednesday, hitting $31.87. The stock had a trading volume of 3,054,878 shares, compared to its average volume of 2,863,103. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.45. The company has a 50 day simple moving average of $32.45 and a 200-day simple moving average of $34.15. The stock has a market capitalization of $8.31 billion, a price-to-earnings ratio of 23.96 and a beta of 0.98. Tetra Tech has a 52 week low of $29.57 and a 52 week high of $43.14.

Insider Buying and Selling

In other news, SVP Brian N. Carter sold 9,979 shares of Tetra Tech stock in a transaction that occurred 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. The trade was a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.49% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of TTEK. CIBC Private Wealth Group LLC lifted its holdings in Tetra Tech by 63.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 341 shares during the period. Geneos Wealth Management Inc. increased its stake in Tetra Tech by 136.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after buying an additional 751 shares during the period. Danske Bank A S bought a new stake in shares of Tetra Tech during the 3rd quarter worth about $53,000. Wilmington Savings Fund Society FSB raised its position in shares of Tetra Tech by 84.0% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,755 shares of the industrial products company’s stock worth $59,000 after buying an additional 801 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Tetra Tech by 754.8% in the 2nd 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. Institutional investors own 93.89% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on TTEK shares. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research note on Monday, April 20th. Robert W. Baird set a $43.00 price objective on shares of Tetra Tech in a research note on Thursday, January 29th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.