Corient Private Wealth LP Boosts Stake in Tetra Tech, Inc. $TTEK

Key Points

• Corient Private Wealth increased its Tetra Tech stake by 11.8% in the second quarter, adding 164,373 shares to own 1.55 million shares valued at approximately $44.9 million. Institutional investors collectively hold 93.89% of the company.
• Tetra Tech reported quarterly EPS of $0.42, exceeding estimates by $0.02, while revenue reached $1.31 billion, above expectations but down 4.4% year over year. The company guided for fiscal 2026 EPS of $1.56–$1.59.
• The stock recently traded at $36.49, up 2.2%, while analysts maintained a generally positive outlook with a “Moderate Buy” consensus and an average price target of $38.25. Tetra Tech also pays a quarterly dividend of $0.072 per share, yielding about 0.8%.

Corient Private Wealth LP boosted its position in Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 11.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,554,196 shares of the industrial products company's stock after purchasing an additional 164,373 shares during the period. Corient Private Wealth LP owned approximately 0.61% of Tetra Tech worth $44,901,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new position in shares of Tetra Tech in the second quarter worth about $2,226,000. Systematic Financial Management LP increased its stake in Tetra Tech by 56.5% in 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 period. Nomura Asset Management Co. Ltd. lifted its holdings 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. Nicola Wealth Management LTD. purchased a new stake in Tetra Tech in the 4th quarter valued at about $12,242,000. Finally, Handelsbanken Fonder AB boosted its position in Tetra Tech by 108.4% in the 4th quarter. Handelsbanken Fonder AB now owns 516,043 shares of the industrial products company's stock valued at $17,308,000 after buying an additional 268,420 shares during the period. Hedge funds and other institutional investors own 93.89% of the company's stock.

Tetra Tech Stock Up 2.2%

Shares of Tetra Tech stock opened at $36.49 on Friday. 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, Inc. has a 1 year low of $25.81 and a 1 year high of $43.14. The firm's 50-day moving average is $34.16 and its two-hundred day moving average is $31.66. The stock has a market cap of $9.34 billion, a price-to-earnings ratio of 21.98 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.02. Tetra Tech had a net margin of 8.60% and a return on equity of 22.32%. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the firm posted $0.43 EPS. The company's revenue for the quarter was down 4.4% on a year-over-year basis. 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. As a group, research analysts expect that Tetra Tech, Inc. will post 1.58 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were issued a dividend of $0.072 per share. This represents a $0.29 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, August 13th. Tetra Tech's dividend payout ratio (DPR) is presently 16.87%.

Analyst Ratings Changes

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

Tetra Tech Profile

Tetra Tech, Inc NASDAQ: TTEK is a consulting and engineering services company that helps government and commercial clients address challenges involving water, the environment, infrastructure, energy and natural resources. Its services include planning, design, engineering, program and construction management, scientific consulting, data analysis and technology solutions.

The company works on projects such as water supply and treatment, environmental restoration, climate resilience, sustainable infrastructure, renewable energy, transportation and national security.

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