Louisbourg Investments Inc. Makes New $3.61 Million Investment in Tetra Tech, Inc. $TTEK

Louisbourg Investments Inc. purchased a new stake in Tetra Tech, Inc. (NASDAQ:TTEK) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 119,970 shares of the industrial products company’s stock, valued at approximately $3,613,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Horizon Corp boosted its holdings in shares of Tetra Tech by 50.4% during the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 295 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in Tetra Tech by 63.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 341 shares during the period. OP Asset Management Ltd bought a new position in Tetra Tech during the first quarter worth $34,000. Geneos Wealth Management Inc. lifted its stake 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 valued at $38,000 after purchasing an additional 751 shares during the period. Finally, Danske Bank A S acquired a new position in Tetra Tech in the third quarter valued at approximately $53,000. 93.89% of the stock is owned by institutional investors.

Insider Buying and Selling at Tetra Tech

In other news, Director Jeffrey R. Feeler purchased 1,900 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of $26.41 per share, for a total transaction of $50,179.00. Following the completion of the transaction, the director directly owned 1,900 shares of the company’s stock, valued at $50,179. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.49% of the stock is owned by corporate insiders.

Tetra Tech Stock Performance

Tetra Tech stock opened at $29.26 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a market cap of $7.59 billion, a P/E ratio of 17.52 and a beta of 0.93. Tetra Tech, Inc. has a 1-year low of $25.81 and a 1-year high of $43.14. The firm has a 50-day moving average of $28.87 and a 200-day moving average of $32.61.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The business’s revenue was down 7.7% on a year-over-year basis. During the same quarter last year, the business posted $0.33 EPS. 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. Sell-side analysts expect that Tetra Tech, Inc. will post 1.54 EPS for the current year.

Tetra Tech Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 14th were issued a $0.072 dividend. This represents a $0.29 annualized dividend and a yield of 1.0%. This is a boost from Tetra Tech’s previous quarterly dividend of $0.07. The ex-dividend date was Thursday, May 14th. Tetra Tech’s dividend payout ratio (DPR) is 17.37%.

Wall Street Analyst Weigh In

TTEK has been the topic of a number of research analyst reports. Robert W. Baird set a $35.00 price objective on shares of Tetra Tech in a research report on Thursday, April 30th. Weiss Ratings downgraded shares of Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Tetra Tech has a consensus rating of “Moderate Buy” and an average target price 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.