Schroder Investment Management Group Sells 121,089 Shares of Tetra Tech, Inc. $TTEK

Key Points

• Schroder Investment Management Group cut its position in Tetra Tech by 11.4% in Q3, selling 121,089 shares and leaving it with 944,703 shares valued at about $31.77 million.
• Tetra Tech beat quarterly estimates with $0.35 EPS (vs. $0.31 expected) and $1.21 billion revenue, though revenue was down 13.4% year-over-year; management set Q2 2026 guidance of $0.30–$0.33 and FY2026 guidance of $1.46–$1.56 EPS.
• Analysts rate the stock a "Moderate Buy" on average with a $42.60 target, while the shares trade around $33.78 and well below the 52-week high of $43.14.

Schroder Investment Management Group reduced its position in Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 11.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 944,703 shares of the industrial products company's stock after selling 121,089 shares during the period. Schroder Investment Management Group owned 0.36% of Tetra Tech worth $31,770,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ninety One UK Ltd lifted its holdings in Tetra Tech by 2.8% in the third quarter. Ninety One UK Ltd now owns 2,870,244 shares of the industrial products company's stock valued at $95,809,000 after buying an additional 78,332 shares during the period. PGGM Investments grew its holdings in Tetra Tech by 32.2% during the 3rd quarter. PGGM Investments now owns 1,099,907 shares of the industrial products company's stock worth $36,715,000 after acquiring an additional 268,174 shares during the period. Quadrant Capital Group LLC grew its holdings in Tetra Tech by 218.6% during the 2nd quarter. Quadrant Capital Group LLC now owns 25,030 shares of the industrial products company's stock worth $900,000 after acquiring an additional 17,174 shares during the period. LBP AM SA raised its position in shares of Tetra Tech by 68.4% during the 3rd quarter. LBP AM SA now owns 345,230 shares of the industrial products company's stock valued at $11,524,000 after acquiring an additional 140,219 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Tetra Tech by 69.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 906,233 shares of the industrial products company's stock valued at $32,588,000 after purchasing an additional 370,559 shares during the period. Institutional investors own 93.89% of the company's stock.

Wall Street Analyst Weigh In

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

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 debt-to-equity ratio of 0.45, a quick ratio of 1.31 and a current ratio of 1.31. The stock's 50 day moving average price is $36.57 and its two-hundred day moving average price is $35.12. The stock has a market capitalization of $8.81 billion, a price-to-earnings ratio of 25.40 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share for the quarter, topping 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 analysts' expectations of $974.28 million. During the same period last year, the business earned $0.35 EPS. The business's quarterly revenue was down 13.4% on a year-over-year basis. 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, analysts anticipate that Tetra Tech, Inc. will post 1.37 earnings per share for the current fiscal year.

Tetra Tech Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors 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 yield of 0.8%. Tetra Tech's dividend payout ratio (DPR) is 19.55%.

Insider Transactions at Tetra Tech

In other Tetra Tech 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 value of $401,455.17. Following the sale, the senior vice president directly owned 46,496 shares in the company, valued at approximately $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 accessible through this link. Insiders own 0.49% of the company's stock.

About Tetra Tech

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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