Value Holdings Management CO. LLC Has $26.54 Million Stock Position in Tetra Tech, Inc. $TTEK

Key Points

• Value Holdings Management CO. LLC increased its stake in Tetra Tech, Inc. (NASDAQ:TTEK) by 1.4% during the 1st quarter, holding approximately 0.34% of the company worth $26.5 million.
• Tetra Tech reported a quarterly earnings per share (EPS) of $0.43, exceeding analysts' expectations of $0.37, with revenue also meeting projections at $1.15 billion.
• The company recently announced a quarterly dividend of $0.065 per share, with an annualized yield of 0.7% and a payout ratio of 32.50%.

Value Holdings Management CO. LLC increased its stake in Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 1.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 907,325 shares of the industrial products company's stock after purchasing an additional 12,500 shares during the quarter. Tetra Tech makes up 5.0% of Value Holdings Management CO. LLC's investment portfolio, making the stock its 6th largest holding. Value Holdings Management CO. LLC owned approximately 0.34% of Tetra Tech worth $26,539,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Chilton Capital Management LLC acquired a new stake in Tetra Tech in the 1st quarter valued at approximately $25,000. Baillie Gifford & Co. acquired a new stake in Tetra Tech in the 1st quarter valued at approximately $27,000. Caption Management LLC acquired a new stake in Tetra Tech in the 4th quarter valued at approximately $40,000. Caitong International Asset Management Co. Ltd grew its holdings in Tetra Tech by 283.9% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,547 shares of the industrial products company's stock valued at $45,000 after buying an additional 1,144 shares during the last quarter. Finally, Johnson Financial Group Inc. acquired a new stake in Tetra Tech in the 4th quarter valued at approximately $61,000. Institutional investors and hedge funds own 93.89% of the company's stock.

Tetra Tech Price Performance

Shares of NASDAQ TTEK traded up $1.02 during trading on Friday, reaching $36.83. The company had a trading volume of 573,871 shares, compared to its average volume of 2,413,320. Tetra Tech, Inc. has a 52 week low of $27.27 and a 52 week high of $51.20. The stock has a market cap of $9.68 billion, a PE ratio of 46.08 and a beta of 0.92. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.18 and a current ratio of 1.18. The business's 50 day moving average price is $36.57 and its 200-day moving average price is $33.32.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last announced its earnings results on Wednesday, July 30th. The industrial products company reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.06. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.15 billion. Tetra Tech had a net margin of 3.94% and a return on equity of 24.70%. The company's revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.59 earnings per share. Tetra Tech has set its FY 2025 guidance at 1.490-1.540 EPS. Q4 2025 guidance at 0.380-0.430 EPS. 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 announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, August 15th. Tetra Tech's dividend payout ratio (DPR) is 32.50%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on TTEK shares. Robert W. Baird raised their target price on Tetra Tech from $31.00 to $33.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. KeyCorp raised their target price on Tetra Tech from $41.00 to $43.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Finally, Wall Street Zen raised Tetra Tech from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Tetra Tech has an average rating of "Moderate Buy" and a consensus target price of $41.67.

Insider Activity

In other news, Director Gary Birkenbeuel sold 2,390 shares of the firm's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $36.00, for a total value of $86,040.00. Following the transaction, the director owned 37,725 shares of the company's stock, valued at approximately $1,358,100. This trade represents a 5.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.40% of the company's stock.

Tetra Tech Company Profile

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.