William Blair Has Strong Estimate for Tetra Tech Q3 Earnings

Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) - Research analysts at William Blair increased their Q3 2025 earnings per share (EPS) estimates for Tetra Tech in a report issued on Thursday, May 8th. William Blair analyst T. Mulrooney now anticipates that the industrial products company will post earnings of $0.37 per share for the quarter, up from their prior forecast of $0.34. The consensus estimate for Tetra Tech's current full-year earnings is $1.37 per share. William Blair also issued estimates for Tetra Tech's FY2025 earnings at $1.47 EPS, Q1 2026 earnings at $0.30 EPS, Q2 2026 earnings at $0.33 EPS, Q3 2026 earnings at $0.42 EPS and Q4 2026 earnings at $0.45 EPS.

Other equities research analysts also recently issued reports about the company. Royal Bank of Canada set a $49.00 target price on Tetra Tech in a research report on Friday, January 31st. Maxim Group downgraded Tetra Tech from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. KeyCorp increased their price objective on Tetra Tech from $34.00 to $41.00 and gave the company an "overweight" rating in a research report on Friday. Finally, Robert W. Baird increased their price objective on Tetra Tech from $31.00 to $33.00 and gave the company a "neutral" rating in a research report on Thursday. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $44.15.

Tetra Tech Stock Performance

Shares of NASDAQ TTEK opened at $35.49 on Monday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.53. The stock has a 50 day simple moving average of $30.07 and a 200-day simple moving average of $36.31. The company has a market cap of $9.51 billion, a PE ratio of 37.28 and a beta of 0.92. Tetra Tech has a 12-month low of $27.27 and a 12-month high of $51.20.

Tetra Tech (NASDAQ:TTEK - Get Free Report) last issued its earnings results on Wednesday, May 7th. The industrial products company reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.02. Tetra Tech had a return on equity of 22.58% and a net margin of 4.81%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the previous year, the firm posted $0.28 earnings per share. Tetra Tech's quarterly revenue was up 25.9% compared to the same quarter last year.

Tetra Tech Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be issued a $0.065 dividend. This is an increase from Tetra Tech's previous quarterly dividend of $0.06. The ex-dividend date is Friday, May 23rd. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.73%. Tetra Tech's dividend payout ratio is currently 24.21%.

Hedge Funds Weigh In On Tetra Tech

A number of large investors have recently made changes to their positions in TTEK. Vanguard Group Inc. increased its stake in shares of Tetra Tech by 4.9% in the first quarter. Vanguard Group Inc. now owns 27,185,795 shares of the industrial products company's stock worth $795,185,000 after acquiring an additional 1,273,692 shares during the last quarter. Pictet Asset Management Holding SA increased its stake in shares of Tetra Tech by 3.5% in the first quarter. Pictet Asset Management Holding SA now owns 14,502,940 shares of the industrial products company's stock worth $424,209,000 after acquiring an additional 484,053 shares during the last quarter. Sarasin & Partners LLP acquired a new position in shares of Tetra Tech in the first quarter worth $144,799,000. Amundi increased its stake in shares of Tetra Tech by 2.5% in the fourth quarter. Amundi now owns 4,873,176 shares of the industrial products company's stock worth $194,314,000 after acquiring an additional 117,304 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Tetra Tech by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 4,729,696 shares of the industrial products company's stock worth $188,487,000 after acquiring an additional 13,616 shares during the last quarter. Institutional investors and hedge funds own 93.89% of the company's stock.

Tetra Tech Company Profile

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.

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