Tetra Tech, Inc. $TTEK Shares Sold by Syon Capital LLC

Syon Capital LLC lessened its stake in Tetra Tech, Inc. (NASDAQ:TTEK) by 51.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,699 shares of the industrial products company’s stock after selling 16,807 shares during the period. Syon Capital LLC’s holdings in Tetra Tech were worth $454,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of TTEK. CIBC Private Wealth Group LLC lifted its stake in shares of Tetra Tech by 63.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 341 shares during the period. OP Asset Management Ltd acquired a new position in shares of Tetra Tech during the first quarter valued at approximately $34,000. Evelyn Partners Investment Management Services Ltd acquired a new position in shares of Tetra Tech during the first quarter valued at approximately $35,000. Geneos Wealth Management Inc. raised its holdings 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 worth $38,000 after purchasing an additional 751 shares in the last quarter. Finally, Danske Bank A S acquired a new stake in Tetra Tech in the third quarter worth approximately $53,000. Institutional investors and hedge funds own 93.89% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Robert W. Baird set a $37.00 price target on Tetra Tech in a research report on Thursday, July 30th. National Bank Financial cut their price objective on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Weiss Ratings raised Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 7th. Royal Bank Of Canada lowered their target price on Tetra Tech from $48.00 to $43.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Finally, Wall Street Zen cut shares of Tetra Tech from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $38.25.

Tetra Tech Price Performance

NASDAQ TTEK opened at $35.64 on Wednesday. The stock has a market capitalization of $9.13 billion, a P/E ratio of 21.47 and a beta of 0.90. Tetra Tech, Inc. has a 1 year low of $25.81 and a 1 year high of $43.14. The business’s fifty day moving average is $33.79 and its two-hundred day moving average is $31.64. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.08 billion. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%.The company’s revenue was down 4.4% compared to the same quarter last year. During the same period last year, the company posted $0.43 EPS. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. On average, research analysts forecast that Tetra Tech, Inc. will post 1.58 earnings per share for the current fiscal year.

Tetra Tech Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were paid a $0.072 dividend. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $0.29 dividend on an annualized basis and a yield of 0.8%. Tetra Tech’s dividend payout ratio (DPR) is currently 17.47%.

About Tetra Tech

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.