93,472 Shares in Tetra Tech, Inc. $TTEK Acquired by First National Bank of Omaha

Key Points

• First National Bank of Omaha acquired 93,472 Tetra Tech shares worth approximately $2.7 million in the second quarter. Institutional investors and hedge funds collectively own 93.89% of the company.
• Tetra Tech exceeded quarterly expectations, reporting $0.42 in EPS versus the $0.40 consensus and $1.31 billion in revenue, although revenue declined 4.4% year over year. The company guided for $1.56–$1.59 in full-year 2026 EPS.
• The company declared a quarterly dividend of $0.072 per share, equivalent to an annualized $0.29 dividend and a 0.8% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $38.25.

First National Bank of Omaha bought a new stake in shares of Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 93,472 shares of the industrial products company's stock, valued at approximately $2,700,000.

Several other institutional investors also recently bought and sold shares of the company. Impax Asset Management Group plc acquired a new stake in shares of Tetra Tech in the 4th quarter worth $107,603,000. Systematic Financial Management LP grew its stake in Tetra Tech by 56.5% during the 4th quarter. Systematic Financial Management LP now owns 286,772 shares of the industrial products company's stock worth $9,618,000 after buying an additional 103,582 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in Tetra Tech by 8.1% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 992,633 shares of the industrial products company's stock valued at $33,293,000 after buying an additional 74,530 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in Tetra Tech by 69.2% during the 4th quarter. Crossmark Global Holdings Inc. now owns 216,917 shares of the industrial products company's stock valued at $7,275,000 after buying an additional 88,745 shares in the last quarter. Finally, Nicola Wealth Management LTD. purchased a new stake in Tetra Tech in the fourth quarter valued at about $12,242,000. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Tetra Tech Price Performance

Shares of NASDAQ:TTEK opened at $35.40 on Wednesday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. Tetra Tech, Inc. has a twelve month low of $25.81 and a twelve month high of $43.14. The company's 50 day moving average is $31.32 and its 200 day moving average is $31.90. The company has a market cap of $9.06 billion, a PE ratio of 21.33 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%.The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the prior year, the business earned $0.43 earnings per share. The company's revenue was down 4.4% compared to the same quarter last year. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. On average, sell-side analysts forecast that Tetra Tech, Inc. will post 1.58 EPS for the current year.

Tetra Tech Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be paid a $0.072 dividend. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $0.29 dividend on an annualized basis and a yield of 0.8%. Tetra Tech's dividend payout ratio (DPR) is currently 17.47%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Weiss Ratings raised Tetra Tech from a "hold (c-)" rating to a "hold (c)" rating in a report on Friday, August 7th. Wall Street Zen upgraded shares of Tetra Tech from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. National Bank Financial decreased their price objective on shares of Tetra Tech from $38.00 to $35.00 and set an "outperform" rating for the company in a research report on Monday, July 13th. Royal Bank Of Canada lowered their target price on shares of Tetra Tech from $48.00 to $43.00 and set an "outperform" rating for the company in a research note on Wednesday, July 22nd. Finally, Robert W. Baird set a $37.00 target price on shares of Tetra Tech in a research report on Thursday, July 30th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $38.25.

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.

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