Van Berkom & Associates Inc. Buys 227,525 Shares of Tetra Tech, Inc. $TTEK

Key Points

• Van Berkom & Associates raised its Tetra Tech stake by 11%, buying 227,525 shares to hold 2,292,595 shares (about 0.88% of the company) valued at ~$76.9 million, making TTEK its 24th largest holding.
• Tetra Tech beat Q1 estimates with $0.34 EPS vs. $0.31 expected and $1.22B in revenue (though revenue fell 7.7% YoY), and it set FY2026 guidance of $1.50–$1.58 EPS while analysts expect ~1.53 EPS for the year.
• Insider transaction: SVP Brian N. Carter sold 9,979 shares at an average price of $40.23 on Feb. 4, cutting his position by about 17.7%.

Van Berkom & Associates Inc. lifted its holdings in Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 11.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,292,595 shares of the industrial products company's stock after acquiring an additional 227,525 shares during the quarter. Tetra Tech makes up approximately 2.2% of Van Berkom & Associates Inc.'s holdings, making the stock its 24th largest holding. Van Berkom & Associates Inc. owned about 0.88% of Tetra Tech worth $76,894,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bfsg LLC acquired a new position in shares of Tetra Tech in the 3rd quarter worth approximately $25,000. Financial Consulate Inc. acquired a new position in shares of Tetra Tech in the 3rd quarter worth approximately $26,000. First Horizon Corp lifted its holdings in Tetra Tech by 50.4% during the 4th quarter. First Horizon Corp now owns 880 shares of the industrial products company's stock worth $30,000 after buying an additional 295 shares in the last quarter. Root Financial Partners LLC acquired a new position in Tetra Tech during the 3rd quarter worth $30,000. Finally, True Wealth Design LLC lifted its holdings in Tetra Tech by 228.6% during the 3rd quarter. True Wealth Design LLC now owns 1,012 shares of the industrial products company's stock worth $34,000 after buying an additional 704 shares in the last quarter. 93.89% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Tetra Tech

In other Tetra Tech news, SVP Brian N. Carter sold 9,979 shares of the 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 completion of the transaction, the senior vice president owned 46,496 shares in the company, valued at approximately $1,870,534.08. This represents a 17.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.49% of the company's stock.

Tetra Tech Price Performance

TTEK opened at $31.67 on Tuesday. The company has a quick ratio of 1.31, a current ratio of 1.25 and a debt-to-equity ratio of 0.47. Tetra Tech, Inc. has a 12 month low of $29.57 and a 12 month high of $43.14. The company has a fifty day simple moving average of $32.25 and a 200 day simple moving average of $34.13. The stock has a market cap of $8.26 billion, a P/E ratio of 18.96 and a beta of 1.00.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last released its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.03. The firm had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.The company's revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 EPS. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. On average, research analysts expect that Tetra Tech, Inc. will post 1.53 EPS for the current year.

Tetra Tech Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 14th will be issued a dividend of $0.072 per share. This is a boost from Tetra Tech's previous quarterly dividend of $0.07. The ex-dividend date is Thursday, May 14th. This represents a $0.29 dividend on an annualized basis and a yield of 0.9%. Tetra Tech's dividend payout ratio is currently 16.77%.

Analysts Set New Price Targets

Several research analysts have issued reports on TTEK shares. Robert W. Baird set a $35.00 price objective on Tetra Tech in a report on Thursday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Tetra Tech in a report on Monday, April 20th. Four investment 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 presently has an average rating of "Moderate Buy" and a consensus target price of $41.00.

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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