Value Holdings Management CO. LLC Invests $26.21 Million in Tetra Tech, Inc. $TTEK

Key Points

• Value Holdings Management acquired 907,325 Tetra Tech shares worth approximately $26.21 million, making TTEK a 4.4% portfolio holding and its 10th-largest position. Institutional investors collectively own 93.89% of the company.
• Analysts maintain a generally positive outlook, with three Buy ratings and two Holds producing a consensus “Moderate Buy” rating and an average price target of $38.25.
• Tetra Tech exceeded quarterly earnings expectations, reporting $0.42 in adjusted EPS versus $0.40 expected and $1.31 billion in revenue, although revenue declined 4.4% year over year. The company also declared a quarterly dividend of $0.072 per share, yielding approximately 0.8% annually.

Value Holdings Management CO. LLC acquired a new position in shares of Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 907,325 shares of the industrial products company's stock, valued at approximately $26,212,000. Tetra Tech makes up 4.4% of Value Holdings Management CO. LLC's portfolio, making the stock its 10th biggest position. Value Holdings Management CO. LLC owned about 0.35% of Tetra Tech as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. First Horizon Corp grew its holdings in Tetra Tech by 50.4% in the fourth quarter. First Horizon Corp now owns 880 shares of the industrial products company's stock worth $30,000 after purchasing an additional 295 shares during the last quarter. Optas LLC increased its position in shares of Tetra Tech by 2.6% during the first quarter. Optas LLC now owns 12,803 shares of the industrial products company's stock worth $386,000 after purchasing an additional 330 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of 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 valued at $30,000 after purchasing an additional 341 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of Tetra Tech by 26.9% in the 4th quarter. Larson Financial Group LLC now owns 1,691 shares of the industrial products company's stock worth $57,000 after purchasing an additional 358 shares in the last quarter. Finally, Parallel Advisors LLC boosted its position in shares of Tetra Tech by 8.1% in the 1st quarter. Parallel Advisors LLC now owns 4,799 shares of the industrial products company's stock worth $145,000 after purchasing an additional 359 shares in the last quarter. Hedge funds and other institutional investors own 93.89% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on TTEK. Wall Street Zen raised Tetra Tech from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Robert W. Baird set a $37.00 price target on Tetra Tech in a report on Thursday, July 30th. National Bank Financial dropped their price target on Tetra Tech from $38.00 to $35.00 and set an "outperform" rating on the stock in a research note on Monday, July 13th. Weiss Ratings upgraded shares of Tetra Tech from a "hold (c-)" rating to a "hold (c)" rating in a report on Friday, August 7th. Finally, Royal Bank Of Canada decreased their price objective on shares of Tetra Tech from $48.00 to $43.00 and set an "outperform" rating for the company in a research report on Wednesday, July 22nd. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $38.25.

Tetra Tech Stock Performance

TTEK opened at $36.57 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. Tetra Tech, Inc. has a 12-month low of $25.81 and a 12-month high of $43.14. The firm has a 50 day moving average of $31.68 and a two-hundred day moving average of $31.88. The firm has a market capitalization of $9.36 billion, a PE ratio of 22.03 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. Tetra Tech had a net margin of 8.60% and a return on equity of 22.32%. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the prior year, the business earned $0.43 earnings per share. The business'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. On average, analysts anticipate that Tetra Tech, Inc. will post 1.58 EPS for the current year.

Tetra Tech Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be paid a dividend of $0.072 per share. The ex-dividend date is Thursday, August 13th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.8%. Tetra Tech's dividend payout ratio (DPR) is presently 17.47%.

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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