Capital International Investors Increases Stake in Tetra Tech, Inc. $TTEK

Key Points

• Capital International Investors boosted its stake in Tetra Tech by 249.1% in Q3 to 7,079,675 shares, roughly 2.69% of the company valued at about $236.32 million.
• Tetra Tech beat quarterly expectations with EPS of $0.35 (consensus $0.31) and revenue of $1.21B, though revenue was down 13.4% year-over-year; management set Q2 2026 EPS guidance of $0.300–0.330 and FY2026 EPS guidance of $1.460–1.560.
• The firm pays a quarterly dividend of $0.065 (annualized $0.26, ~0.8% yield), has about 93.9% institutional ownership, and carries a consensus analyst rating of “Moderate Buy” with an average price target of $42.60.

Capital International Investors increased its holdings in Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 249.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,079,675 shares of the industrial products company's stock after acquiring an additional 5,051,485 shares during the quarter. Capital International Investors owned approximately 2.69% of Tetra Tech worth $236,320,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sands Capital Management LLC increased its position in Tetra Tech by 26.5% during the 2nd quarter. Sands Capital Management LLC now owns 5,200,335 shares of the industrial products company's stock valued at $187,004,000 after purchasing an additional 1,089,599 shares during the period. Corient Private Wealth LLC lifted its position in shares of Tetra Tech by 84.9% in the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company's stock worth $147,095,000 after purchasing an additional 1,847,087 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Tetra Tech by 1.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,593,261 shares of the industrial products company's stock worth $119,947,000 after purchasing an additional 48,163 shares during the period. LGT Group Foundation boosted its stake in shares of Tetra Tech by 6.3% during the third quarter. LGT Group Foundation now owns 2,978,570 shares of the industrial products company's stock valued at $98,859,000 after purchasing an additional 176,302 shares in the last quarter. Finally, Norges Bank purchased a new position in Tetra Tech during the second quarter valued at approximately $104,843,000. 93.89% of the stock is currently owned by institutional investors.

Tetra Tech Trading Up 0.7%

NASDAQ TTEK opened at $33.78 on Thursday. Tetra Tech, Inc. has a 52 week low of $27.27 and a 52 week high of $43.14. The company has a 50 day moving average price of $36.57 and a 200 day moving average price of $35.12. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.45. The firm has a market cap of $8.81 billion, a PE ratio of 25.40 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last announced its earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.04. Tetra Tech had a net margin of 6.73% and a return on equity of 23.84%. The company had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $974.28 million. During the same period last year, the firm earned $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, sell-side analysts forecast that Tetra Tech, Inc. will post 1.37 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were given a $0.065 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.8%. Tetra Tech's dividend payout ratio (DPR) is presently 19.55%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on TTEK shares. Robert W. Baird set a $43.00 price objective on shares of Tetra Tech in a research note on Thursday, January 29th. Weiss Ratings reiterated a "hold (c)" rating on shares of Tetra Tech in a report on Wednesday, January 21st. Wall Street Zen raised Tetra Tech from a "hold" rating to a "buy" rating in a research report on Sunday, November 23rd. 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 research note on Friday, November 14th. Finally, Northcoast Research raised Tetra Tech from a "neutral" rating to a "buy" rating and set a $38.00 price objective on the stock in a research report on Thursday, November 13th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $42.60.

Insider Buying and Selling at Tetra Tech

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

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.

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