Tetra Tech (NASDAQ:TTEK) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Tetra Tech (NASDAQ:TTEK) announced its quarterly earnings results on Wednesday. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02, Zacks reports. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.08 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%. Tetra Tech updated its Q4 2026 guidance to 0.450-0.480 EPS and its FY 2026 guidance to 1.560-1.590 EPS.

Tetra Tech Price Performance

TTEK stock traded up $0.27 during trading on Wednesday, hitting $33.78. The company had a trading volume of 7,107,821 shares, compared to its average volume of 3,171,439. The business has a 50 day moving average of $29.18 and a 200 day moving average of $32.09. The firm has a market capitalization of $8.77 billion, a price-to-earnings ratio of 20.23 and a beta of 0.92. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Tetra Tech has a fifty-two week low of $25.81 and a fifty-two week high of $43.14.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Robert W. Baird set a $35.00 price objective on shares of Tetra Tech in a report on Thursday, April 30th. Royal Bank Of Canada dropped their price target on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. National Bank Financial cut their price target on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating on the stock in a report on Monday, July 13th. Weiss Ratings lowered Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Finally, Wall Street Zen lowered Tetra Tech from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Tetra Tech currently has a consensus rating of “Moderate Buy” and a consensus price target of $38.80.

Insider Activity at Tetra Tech

In related news, Director Jeffrey R. Feeler purchased 1,900 shares of Tetra Tech stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of $26.41 per share, with a total value of $50,179.00. Following the purchase, the director owned 1,900 shares in the company, valued at approximately $50,179. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On Tetra Tech

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in Tetra Tech during the 4th quarter valued at $225,000. AQR Capital Management LLC raised its stake in shares of Tetra Tech by 451.6% in the 1st quarter. AQR Capital Management LLC now owns 145,077 shares of the industrial products company’s stock worth $4,204,000 after buying an additional 118,774 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Tetra Tech by 136.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock valued at $48,507,000 after buying an additional 957,050 shares during the period. Geneos Wealth Management Inc. boosted its stake in 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 valued at $38,000 after buying an additional 751 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Tetra Tech by 754.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock valued at $67,000 after buying an additional 1,638 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

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.