Crossmark Global Holdings Inc. Grows Stock Holdings in Tetra Tech, Inc. $TTEK

Key Points

• Crossmark Global Holdings raised its stake in Tetra Tech by 503.9% in Q3, purchasing 106,947 shares to hold 128,172 shares worth about $4.28 million at quarter-end.
• Multiple large institutions also increased or initiated positions—most notably Norges Bank's new ~$104.8 million stake and big additions from Corient, M&G and Sands Capital—leaving institutional and hedge fund ownership at 93.89%.
• Tetra Tech recently beat quarterly estimates (EPS $0.35 vs. $0.31; revenue $1.21B vs. $974M) despite revenue falling 13.4% year-over-year, and issued FY2026 EPS guidance of $1.460–$1.560.

Crossmark Global Holdings Inc. raised its holdings in Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 503.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 128,172 shares of the industrial products company's stock after buying an additional 106,947 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Tetra Tech were worth $4,278,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Tetra Tech in the second quarter valued at $104,843,000. Corient Private Wealth LLC boosted its stake in shares of Tetra Tech by 84.9% during the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company's stock valued at $147,095,000 after purchasing an additional 1,847,087 shares in the last quarter. M&G PLC increased its position in shares of Tetra Tech by 150.1% during the second quarter. M&G PLC now owns 2,416,512 shares of the industrial products company's stock valued at $86,994,000 after buying an additional 1,450,420 shares during the period. Sands Capital Management LLC increased its position in shares of Tetra Tech by 26.5% during the second quarter. Sands Capital Management LLC now owns 5,200,335 shares of the industrial products company's stock valued at $187,004,000 after buying an additional 1,089,599 shares during the period. Finally, Bornite Capital Management LP bought a new position in Tetra Tech in the second quarter worth about $36,970,000. Hedge funds and other institutional investors own 93.89% of the company's stock.

Tetra Tech Stock Performance

Shares of TTEK stock opened at $34.87 on Friday. 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 company has a 50 day moving average price of $36.55 and a 200-day moving average price of $35.17. Tetra Tech, Inc. has a 52 week low of $27.27 and a 52 week high of $43.14. The firm has a market capitalization of $9.09 billion, a PE ratio of 26.22 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.04. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The company had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $974.28 million. During the same quarter in the prior year, the business earned $0.35 earnings per share. Tetra Tech's revenue for the quarter 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, equities research analysts expect that Tetra Tech, Inc. will post 1.37 earnings per share for the current year.

Tetra Tech Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 12th were given a $0.065 dividend. The ex-dividend date was Thursday, February 12th. This represents a $0.26 annualized dividend and a yield of 0.7%. Tetra Tech's dividend payout ratio (DPR) is presently 19.55%.

Insider Buying and Selling at Tetra Tech

In other news, SVP Brian N. Carter sold 9,979 shares of Tetra Tech stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total transaction of $401,455.17. Following the transaction, the senior vice president owned 46,496 shares in the company, valued at $1,870,534.08. This trade represents a 17.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.49% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have weighed in on TTEK shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Wall Street Zen upgraded Tetra Tech from a "hold" rating to a "buy" rating in a report on Sunday, November 23rd. Robert W. Baird set a $43.00 price objective on Tetra Tech in a research report on Thursday, January 29th. Royal Bank Of Canada restated an "outperform" rating and set a $48.00 target price (up from $47.00) on shares of Tetra Tech in a report on Friday, November 14th. Finally, Northcoast Research raised shares of Tetra Tech from a "neutral" rating to a "buy" rating and set a $38.00 target price on the stock in a research report on Thursday, November 13th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $42.60.

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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