Tetra Tech, Inc. $TTEK Shares Bought by Retirement Systems of Alabama

Retirement Systems of Alabama raised its holdings in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 12.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 477,575 shares of the industrial products company’s stock after buying an additional 51,748 shares during the quarter. Retirement Systems of Alabama owned about 0.18% of Tetra Tech worth $15,941,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Bfsg LLC purchased a new stake in Tetra Tech during the 3rd quarter valued at about $25,000. Financial Consulate Inc. acquired a new position in shares of Tetra Tech during the 3rd quarter worth approximately $26,000. MAI Capital Management grew its position in shares of Tetra Tech by 68.1% in the second quarter. MAI Capital Management now owns 849 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 344 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of Tetra Tech in the third quarter valued at approximately $30,000. Finally, Parkside Financial Bank & Trust lifted its position in Tetra Tech by 54.5% during the second quarter. Parkside Financial Bank & Trust now owns 987 shares of the industrial products company’s stock worth $35,000 after buying an additional 348 shares in the last quarter. 93.89% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Northcoast Research upgraded Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 target price for the company in a report on Thursday, November 13th. Robert W. Baird lifted their price target on Tetra Tech from $40.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday, November 13th. Royal Bank Of Canada reissued an “outperform” rating and issued a $48.00 price objective (up previously from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, January 21st. Finally, Wall Street Zen upgraded shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Tetra Tech has an average rating of “Moderate Buy” and an average price target of $42.20.

Tetra Tech Trading Up 1.8%

TTEK opened at $37.33 on Wednesday. Tetra Tech, Inc. has a 52 week low of $27.27 and a 52 week high of $39.06. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The business has a fifty day simple moving average of $34.94 and a 200-day simple moving average of $35.13. The firm has a market cap of $9.75 billion, a P/E ratio of 40.14 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK) last posted its quarterly earnings data on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.05. Tetra Tech had a return on equity of 25.79% and a net margin of 4.55%.The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the business earned $0.38 EPS. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.400-1.550 EPS. On average, equities analysts expect that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Monday, December 1st were paid a $0.065 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.26 annualized dividend and a dividend yield of 0.7%. Tetra Tech’s dividend payout ratio (DPR) is presently 27.96%.

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.