Managed Asset Portfolios LLC Has $28.35 Million Stock Position in Tetra Tech, Inc. $TTEK

Managed Asset Portfolios LLC trimmed its holdings in Tetra Tech, Inc. (NASDAQ:TTEK) by 2.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 845,280 shares of the industrial products company’s stock after selling 24,353 shares during the quarter. Tetra Tech comprises about 3.4% of Managed Asset Portfolios LLC’s investment portfolio, making the stock its 10th biggest holding. Managed Asset Portfolios LLC’s holdings in Tetra Tech were worth $28,351,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of TTEK. Brighton Jones LLC bought a new position in shares of Tetra Tech in the 4th quarter worth about $225,000. AQR Capital Management LLC increased 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 acquiring an additional 118,774 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Tetra Tech by 136.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock worth $48,507,000 after acquiring an additional 957,050 shares in the last quarter. Geneos Wealth Management Inc. increased 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 worth $38,000 after acquiring an additional 751 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Tetra Tech by 754.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock worth $67,000 after acquiring an additional 1,638 shares in the last quarter. 93.89% of the stock is currently owned by institutional investors.

Tetra Tech Stock Performance

Shares of TTEK stock opened at $31.24 on Monday. The company’s 50-day moving average is $32.64 and its 200 day moving average is $34.19. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.31 and a current ratio of 1.31. The company has a market capitalization of $8.15 billion, a price-to-earnings ratio of 23.49 and a beta of 0.98. Tetra Tech, Inc. has a one year low of $29.57 and a one year high of $43.14.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly 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. The firm had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $974.28 million. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The business’s quarterly revenue was down 13.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.35 EPS. 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. Sell-side analysts expect that Tetra Tech, Inc. will post 1.5 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TTEK. Robert W. Baird set a $43.00 price objective on shares of Tetra Tech in a research report on Thursday, January 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a research report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $42.60.

Insider Activity

In other news, SVP Brian N. Carter sold 9,979 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total transaction of $401,455.17. Following the sale, the senior vice president owned 46,496 shares of the company’s stock, valued at $1,870,534.08. This trade represents a 17.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.49% of the stock is currently owned by insiders.

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.