Robeco Institutional Asset Management B.V. Boosts Holdings in Tetra Tech, Inc. $TTEK

by · The Markets Daily

Robeco Institutional Asset Management B.V. increased its position in Tetra Tech, Inc. (NASDAQ:TTEK – Free Report) by 18.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 771,518 shares of the industrial products company’s stock after purchasing an additional 121,020 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.29% of Tetra Tech worth $25,753,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TTEK. Brighton Jones LLC purchased a new position in Tetra Tech in the 4th quarter valued at about $225,000. Vident Advisory LLC purchased a new stake in shares of Tetra Tech during the first quarter worth about $206,000. AQR Capital Management LLC lifted its stake in shares of Tetra Tech by 451.6% in the first 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. UniSuper Management Pty Ltd purchased a new position in Tetra Tech in the first quarter valued at about $605,000. Finally, Jones Financial Companies Lllp boosted its holdings in Tetra Tech by 6,847.2% in the first quarter. Jones Financial Companies Lllp now owns 69,472 shares of the industrial products company’s stock valued at $2,032,000 after purchasing an additional 68,472 shares during the last quarter. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TTEK. Royal Bank Of Canada restated an “outperform” rating and set a $48.00 price objective (up from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. Robert W. Baird raised their price target on shares of Tetra Tech from $40.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, November 13th. Wall Street Zen raised shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a research note on Wednesday, October 8th. Finally, National Bank Financial initiated coverage on shares of Tetra Tech in a research report on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 target price for the company. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $42.20.

Read Our Latest Report on TTEK

Tetra Tech Stock Down 2.8%

Shares of NASDAQ:TTEK opened at $33.78 on Thursday. The company’s fifty day moving average is $34.01 and its two-hundred day moving average is $35.08. 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, Inc. has a 1-year low of $27.27 and a 1-year high of $42.98. The stock has a market capitalization of $8.81 billion, a price-to-earnings ratio of 36.32 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK – Get Free Report) last announced its quarterly earnings data on Wednesday, November 12th. The industrial products company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.05. Tetra Tech had a net margin of 4.55% and a return on equity of 25.79%. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm earned $0.38 EPS. The company’s revenue for the quarter 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. Equities analysts anticipate that Tetra Tech, Inc. will post 1.37 EPS for the current year.

Tetra Tech Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Monday, December 1st were paid a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Monday, December 1st. Tetra Tech’s dividend payout ratio is presently 27.96%.

About Tetra Tech

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding TTEK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tetra Tech, Inc. (NASDAQ:TTEK – Free Report).