Neumeier Poma Investment Counsel LLC Buys 147,215 Shares of Tetra Tech, Inc. $TTEK

Neumeier Poma Investment Counsel LLC lifted its stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 15.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,126,603 shares of the industrial products company’s stock after acquiring an additional 147,215 shares during the quarter. Tetra Tech makes up 3.1% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 15th biggest holding. Neumeier Poma Investment Counsel LLC’s holdings in Tetra Tech were worth $37,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. First Horizon Corp raised its position in shares of Tetra Tech by 50.4% during the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 295 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Tetra Tech by 136.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 751 shares during the last quarter. Danske Bank A S bought a new position in shares of Tetra Tech during the third quarter worth about $53,000. Larson Financial Group LLC raised its position in shares of Tetra Tech by 26.9% during the fourth quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company’s stock worth $57,000 after acquiring an additional 358 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB raised 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 worth $59,000 after acquiring an additional 801 shares during the last quarter. 93.89% of the stock is currently owned by institutional investors.

Tetra Tech Trading Up 0.6%

NASDAQ TTEK opened at $27.97 on Friday. The business has a 50 day simple moving average of $29.77 and a 200 day simple moving average of $33.35. Tetra Tech, Inc. has a one year low of $25.81 and a one year high of $43.14. The stock has a market capitalization of $7.26 billion, a P/E ratio of 16.75 and a beta of 0.93. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.25.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same quarter last year, the firm posted $0.33 earnings per share. The firm’s revenue was down 7.7% on a year-over-year basis. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. Research analysts expect that Tetra Tech, Inc. will post 1.53 earnings per share for the current year.

Tetra Tech Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th were paid a dividend of $0.072 per share. This is an increase from Tetra Tech’s previous quarterly dividend of $0.07. This represents a $0.29 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, May 14th. Tetra Tech’s payout ratio is 17.37%.

Insider Buying and Selling

In other Tetra Tech news, Director Jeffrey R. Feeler bought 1,900 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average price of $26.41 per share, with a total value of $50,179.00. Following the completion of the purchase, the director directly owned 1,900 shares of the company’s stock, valued at approximately $50,179. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 0.49% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research report on Monday, April 20th. Robert W. Baird set a $35.00 price objective on Tetra Tech in a research report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $41.00.

Tetra Tech 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.