Hillsdale Investment Management Inc. Purchases New Holdings in Tetra Tech, Inc. $TTEK

Hillsdale Investment Management Inc. acquired a new position in Tetra Tech, Inc. (NASDAQ:TTEK) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 27,400 shares of the industrial products company’s stock, valued at approximately $915,000.

Other large investors also recently bought and sold shares of the company. Bfsg LLC purchased a new position in shares of Tetra Tech in the third quarter valued at approximately $25,000. Financial Consulate Inc. purchased a new stake in shares of Tetra Tech during the third quarter worth approximately $26,000. Root Financial Partners LLC acquired a new position in Tetra Tech in the 3rd quarter valued at $30,000. MAI Capital Management raised its stake in Tetra Tech by 68.1% in the 2nd 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 during the last quarter. Finally, True Wealth Design LLC lifted its holdings in Tetra Tech by 228.6% in the 3rd quarter. True Wealth Design LLC now owns 1,012 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 704 shares in the last quarter. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $48.00 target price (up from $47.00) on shares of Tetra Tech in a research report on Friday, November 14th. Weiss Ratings restated a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Northcoast Research upgraded shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price objective for the company in a report on Thursday, November 13th. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a research note on Sunday, November 23rd. Finally, Robert W. Baird set a $43.00 price target on Tetra Tech in a research report on Thursday, January 29th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $42.60.

Insiders Place Their Bets

In related news, SVP Brian N. Carter sold 9,979 shares of Tetra Tech stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total value of $401,455.17. Following the completion of the transaction, the senior vice president owned 46,496 shares in the company, valued at $1,870,534.08. The trade was a 17.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.49% of the stock is currently owned by company insiders.

Tetra Tech Stock Down 7.7%

Tetra Tech stock opened at $33.54 on Tuesday. The firm has a market capitalization of $8.75 billion, a P/E ratio of 25.22 and a beta of 0.91. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.45. Tetra Tech, Inc. has a twelve month low of $27.27 and a twelve month high of $43.14. The stock’s fifty day simple moving average is $36.40 and its 200-day simple moving average is $35.23.

Tetra Tech (NASDAQ:TTEK) last released its earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $974.28 million. During the same period last year, the business posted $0.35 earnings per share. Tetra Tech’s revenue was down 13.4% compared to the same quarter last year. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS. As a group, equities analysts expect that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Thursday, February 12th will be paid a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, February 12th. Tetra Tech’s dividend payout ratio is presently 19.55%.

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.