Tetra Tech, Inc. $TTEK Stock Sold by King Luther Capital Management Corp

King Luther Capital Management Corp cut its position in Tetra Tech, Inc. (NASDAQ:TTEK) by 8.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 521,547 shares of the industrial products company’s stock after selling 47,613 shares during the quarter. King Luther Capital Management Corp’s holdings in Tetra Tech were worth $17,185,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its position in Tetra Tech by 2.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 14,335 shares of the industrial products company’s stock worth $414,000 after purchasing an additional 285 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of Tetra Tech by 16.5% in the third quarter. Parallel Advisors LLC now owns 2,285 shares of the industrial products company’s stock valued at $75,000 after purchasing an additional 323 shares during the period. Abacus Wealth Partners LLC raised its holdings in shares of Tetra Tech by 6.2% during the third quarter. Abacus Wealth Partners LLC now owns 9,987 shares of the industrial products company’s stock valued at $329,000 after buying an additional 582 shares during the last quarter. D Orazio & Associates Inc. raised its holdings in shares of Tetra Tech by 1.0% during the third quarter. D Orazio & Associates Inc. now owns 62,089 shares of the industrial products company’s stock valued at $2,046,000 after buying an additional 617 shares during the last quarter. Finally, Assetmark Inc. boosted its position in shares of Tetra Tech by 18.5% during the first quarter. Assetmark Inc. now owns 4,697 shares of the industrial products company’s stock worth $141,000 after buying an additional 733 shares during the period. 93.89% of the stock is currently owned by institutional investors.

Tetra Tech Price Performance

NASDAQ TTEK opened at $39.43 on Friday. Tetra Tech, Inc. has a 12 month low of $25.81 and a 12 month high of $43.14. The firm has a market capitalization of $10.10 billion, a PE ratio of 23.33 and a beta of 0.86. The company’s 50 day simple moving average is $36.01 and its 200 day simple moving average is $33.26. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 1.18.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings results on Wednesday, November 11th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Tetra Tech had a return on equity of 22.46% and a net margin of 8.67%. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the company posted $0.45 EPS. The firm’s quarterly revenue was up 15.2% on a year-over-year basis. Tetra Tech has set its FY 2027 guidance at 1.650-1.800 EPS and its Q1 2027 guidance at 0.360-0.380 EPS. As a group, equities research analysts forecast that Tetra Tech, Inc. will post 1.74 EPS for the current fiscal year.

Tetra Tech Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Investors of record on Wednesday, December 2nd will be paid a dividend of $0.0720 per share. The ex-dividend date of this dividend is Wednesday, December 2nd. This represents a $0.29 annualized dividend and a yield of 0.7%. Tetra Tech’s dividend payout ratio (DPR) is currently 16.57%.

Analyst Ratings Changes

TTEK has been the topic of several analyst reports. Royal Bank Of Canada lowered their target price on Tetra Tech from $46.00 to $44.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Wall Street Zen lowered Tetra Tech from a “buy” rating to a “hold” rating in a research report on Saturday, October 17th. Robert W. Baird increased their price target on Tetra Tech from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday. KeyCorp reissued an “overweight” rating and set a $41.00 price target (down from $43.00) on shares of Tetra Tech in a report on Thursday, October 15th. Finally, Weiss Ratings upgraded shares of Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, October 27th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Tetra Tech presently has an average rating of “Moderate Buy” and a consensus price target of $40.00.

Trending Headlines about Tetra Tech

Investors following TTEK have been watching these headlines:

• Positive Sentiment: Fourth-quarter adjusted EPS was $0.49, topping the $0.47 consensus. Revenue was $1.34 billion, while net revenue rose 5% year over year to $1.15 billion. Tetra Tech tops Q4 estimates
• Positive Sentiment: Funded backlog ended fiscal 2026 at approximately $4.67 billion, with new orders exceeding $1.6 billion—supporting visibility into future work. Backlog and new orders
• Neutral Sentiment: Fiscal 2027 guidance calls for EPS of $1.65–$1.80 and revenue of $4.4–$4.6 billion, broadly in line with analyst expectations. Baird raised its price target from $37 to $40 but kept a neutral rating. Results, guidance, and analyst update

About Tetra Tech

Tetra Tech, Inc. is a consulting and engineering services company founded in 1966. It works with government and commercial clients on projects involving water, the environment, infrastructure, energy, and resource management. The company provides services across the project lifecycle, including planning, consulting, engineering, design, and program and construction management. Its work includes water supply and wastewater systems, environmental assessment and remediation, infrastructure development, and climate resilience.