Tetra Tech, Inc. $TTEK Shares Bought by Alliancebernstein L.P.

Key Points

• AllianceBernstein increased its stake in Tetra Tech by 12.0%, acquiring 705,673 shares to hold 6,581,244 shares (about 2.50% of the company) valued at roughly $219.7 million.
• Tetra Tech beat the quarter's consensus (EPS $0.35 vs $0.31; revenue $1.21B vs $974M) although revenue was down 13.4% year-over-year, and management issued FY2026 EPS guidance of 1.460–1.560.
• The firm pays a quarterly dividend of $0.065 per share (annualized $0.26, ~0.8% yield), an SVP sold 9,979 shares in February, and institutional investors own about 93.89% of the stock.

Alliancebernstein L.P. boosted its holdings in shares of Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 12.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,581,244 shares of the industrial products company's stock after acquiring an additional 705,673 shares during the quarter. Alliancebernstein L.P. owned about 2.50% of Tetra Tech worth $219,682,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Ameriprise Financial Inc. boosted its stake in Tetra Tech by 5.8% during the third quarter. Ameriprise Financial Inc. now owns 2,536,018 shares of the industrial products company's stock worth $84,652,000 after buying an additional 139,037 shares during the period. Schonfeld Strategic Advisors LLC boosted its position in shares of Tetra Tech by 22.6% during the third quarter. Schonfeld Strategic Advisors LLC now owns 79,148 shares of the industrial products company's stock worth $2,642,000 after buying an additional 14,579 shares during the period. Creative Planning raised its holdings in shares of Tetra Tech by 5.3% in the 3rd quarter. Creative Planning now owns 132,539 shares of the industrial products company's stock valued at $4,424,000 after buying an additional 6,705 shares during the period. Raymond James Financial Inc. lifted its stake in Tetra Tech by 0.4% during the 3rd quarter. Raymond James Financial Inc. now owns 179,669 shares of the industrial products company's stock worth $5,997,000 after acquiring an additional 727 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in Tetra Tech in the 3rd quarter valued at about $392,000. Institutional investors and hedge funds own 93.89% of the company's stock.

Tetra Tech Trading Down 3.0%

TTEK opened at $32.18 on Monday. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.45. Tetra Tech, Inc. has a 52 week low of $27.27 and a 52 week high of $43.14. The business's 50 day moving average is $36.53 and its two-hundred day moving average is $35.06. The firm has a market cap of $8.39 billion, a price-to-earnings ratio of 24.20 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 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.04. Tetra Tech had a return on equity of 23.84% and a net margin of 6.73%.The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $974.28 million. During the same period in the prior year, the company earned $0.35 earnings per share. The company'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. On average, research analysts predict that Tetra Tech, Inc. will post 1.37 EPS for the current year.

Tetra Tech Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were paid a dividend of $0.065 per share. The ex-dividend date was Thursday, February 12th. This represents a $0.26 annualized dividend and a dividend yield of 0.8%. Tetra Tech's dividend payout ratio is 19.55%.

Insider Buying and Selling at Tetra Tech

In related news, SVP Brian N. Carter sold 9,979 shares of the firm's stock in a transaction dated 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 owned 46,496 shares of the company's stock, valued at $1,870,534.08. This trade represents a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.49% of the company's stock.

Analyst Ratings Changes

TTEK has been the topic of several research reports. Weiss Ratings reissued a "hold (c)" rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Robert W. Baird set a $43.00 price objective on shares of Tetra Tech in a report on Thursday, January 29th. Finally, Wall Street Zen raised shares of Tetra Tech from a "hold" rating to a "buy" rating in a research report on Sunday, November 23rd. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Tetra Tech currently has an average rating of "Moderate Buy" and a consensus price target of $42.60.

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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