UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $31.96 Million Stake in Tetra Tech, Inc. $TTEK

Key Points

• UBS Asset Management reduced its Tetra Tech stake by 3.6% in the second quarter, selling 41,877 shares and retaining 1.11 million shares worth approximately $31.96 million. Institutional investors and hedge funds collectively own 93.89% of the company.
• Tetra Tech reported quarterly EPS of $0.42, beating estimates of $0.40, while revenue reached $1.31 billion—above the $1.08 billion consensus estimate but down 4.4% year over year. The company guided for fiscal 2026 EPS of $1.56-$1.59.
• The company paid a quarterly dividend of $0.072 per share, equivalent to an annualized $0.29 dividend and a 0.8% yield. Analysts maintain a “Moderate Buy” consensus, with an average price target of $38.25 versus the reported share price of $36.29.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 3.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,106,392 shares of the industrial products company's stock after selling 41,877 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.43% of Tetra Tech worth $31,964,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of TTEK. CIBC Private Wealth Group LLC grew its holdings in Tetra Tech by 63.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 880 shares of the industrial products company's stock worth $30,000 after acquiring an additional 341 shares during the period. OP Asset Management Ltd acquired a new position in Tetra Tech in the first quarter valued at approximately $34,000. Evelyn Partners Investment Management Services Ltd bought a new position in shares of Tetra Tech during the 1st quarter worth approximately $35,000. Geneos Wealth Management Inc. increased its stake in shares of Tetra Tech by 136.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company's stock valued at $38,000 after acquiring an additional 751 shares in the last quarter. Finally, Danske Bank A S acquired a new position in shares of Tetra Tech during the 3rd quarter valued at $53,000. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Tetra Tech Stock Performance

Shares of TTEK stock opened at $36.29 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18. The firm has a market cap of $9.29 billion, a price-to-earnings ratio of 21.86 and a beta of 0.90. Tetra Tech, Inc. has a 52 week low of $25.81 and a 52 week high of $43.14. The firm's 50-day simple moving average is $33.38 and its two-hundred day simple moving average is $31.65.

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

Tetra Tech Announces Dividend

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

Wall Street Analysts Forecast Growth

TTEK has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Tetra Tech from a "buy" rating to a "hold" rating in a research note on Saturday, August 22nd. Royal Bank Of Canada cut their price target on Tetra Tech from $48.00 to $43.00 and set an "outperform" rating for the company 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 report on Friday, August 7th. National Bank Financial reduced their target price on Tetra Tech from $38.00 to $35.00 and set an "outperform" rating for the company in a report on Monday, July 13th. Finally, Robert W. Baird set a $37.00 price objective on Tetra Tech in a research report on Thursday, July 30th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $38.25.

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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