Vanguard Group Inc. Has $865.35 Million Stake in Tetra Tech, Inc. $TTEK

Key Points

• Vanguard Group trimmed its Tetra Tech stake by 1.9% (selling 501,178 shares) and now holds 25,800,544 shares — about 9.88% of the company, valued at roughly $865.35 million.
• Tetra Tech beat Q2 EPS and revenue estimates and raised its FY2026 outlook, while announcing a ~10.8% quarterly dividend increase and buyback discussion; however, revenue was still down about 7.7% year‑over‑year.

Vanguard Group Inc. reduced its stake in Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,800,544 shares of the industrial products company's stock after selling 501,178 shares during the period. Vanguard Group Inc. owned 9.88% of Tetra Tech worth $865,350,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Capital International Inc. CA bought a new stake in shares of Tetra Tech in the third quarter valued at approximately $2,067,000. Capital International Investors grew its stake in Tetra Tech by 249.1% during the third quarter. Capital International Investors now owns 7,079,675 shares of the industrial products company's stock valued at $236,320,000 after acquiring an additional 5,051,485 shares in the last quarter. Tudor Investment Corp ET AL grew its stake in Tetra Tech by 585.1% in the 3rd quarter. Tudor Investment Corp ET AL now owns 64,401 shares of the industrial products company's stock worth $2,150,000 after buying an additional 55,001 shares in the last quarter. LGT Group Foundation grew its stake in Tetra Tech by 6.3% in the 3rd quarter. LGT Group Foundation now owns 2,978,570 shares of the industrial products company's stock worth $98,859,000 after buying an additional 176,302 shares in the last quarter. Finally, PGGM Investments grew its stake in Tetra Tech by 32.2% in the 3rd quarter. PGGM Investments now owns 1,099,907 shares of the industrial products company's stock worth $36,715,000 after buying an additional 268,174 shares in the last quarter. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Key Tetra Tech News

Here are the key news stories impacting Tetra Tech this week:

• Positive Sentiment: Q2 beat and upward guidance — TTEK reported Q2 results that beat consensus on EPS and revenue and the company raised its FY2026 outlook, signaling management confidence in the business outlook. Tetra Tech Beats Q2 Earnings & Revenue Estimates, Raises FY26 View
• Positive Sentiment: Shareholder returns increased — management announced a quarterly dividend hike (~10.8% increase) and discussion of buybacks, which supports total‑return investors and can offset multiple compression. Assessing Tetra Tech (TTEK) Valuation After Strong Q2 Beat Dividend Hike And Buybacks
• Positive Sentiment: Margin expansion and backlog growth — the earnings call highlighted record profits, margin improvement and growing backlog driven by water/environmental work, which supports medium‑term revenue visibility despite near‑term top‑line headwinds. Tetra Tech Earnings Call Highlights Record Profits
• Neutral Sentiment: Full call transcript available — the detailed Q2 earnings call transcript is posted for investors who want line‑by‑line color from management on contracts, margins and backlog. Tetra Tech, Inc. (TTEK) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Top‑line still under pressure — despite the beat, revenue was down year‑over‑year (reported ~7–8% decline), which highlights ongoing demand variability in parts of the business and may limit multiple expansion until consistent revenue growth returns. Tetra Tech Beats Q2 Earnings & Revenue Estimates, Raises FY26 View

Tetra Tech Stock Down 2.0%

Shares of Tetra Tech stock opened at $31.67 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.25 and a quick ratio of 1.31. The company has a 50-day moving average of $32.25 and a 200 day moving average of $34.12. The firm has a market cap of $8.26 billion, a price-to-earnings ratio of 18.96 and a beta of 1.00. Tetra Tech, Inc. has a 1 year low of $29.57 and a 1 year high of $43.14.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.03. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1 billion. During the same period last year, the business earned $0.33 EPS. Tetra Tech's quarterly revenue was down 7.7% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that Tetra Tech, Inc. will post 1.53 earnings per share for the current fiscal year.

Tetra Tech Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Thursday, May 14th will be given a dividend of $0.072 per share. This is a positive change from Tetra Tech's previous quarterly dividend of $0.07. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $0.29 annualized dividend and a yield of 0.9%. Tetra Tech's payout ratio is currently 15.57%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on TTEK shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Tetra Tech in a research note on Monday, April 20th. Robert W. Baird set a $35.00 price target on shares of Tetra Tech in a report on Thursday. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Tetra Tech currently has an average rating of "Moderate Buy" and a consensus target price of $41.00.

Insider Buying and Selling

In related news, SVP Brian N. Carter sold 9,979 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $40.23, for a total transaction of $401,455.17. Following the sale, the senior vice president directly owned 46,496 shares of the company's stock, valued at approximately $1,870,534.08. This represents a 17.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.49% of the company's stock.

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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