Tetra Tech, Inc. Stock Drops 3.2% on the Back of Recent Insider Selling

Tetra Tech, Inc. (NASDAQ: TTEK) experienced a decline in its stock price by 3.2% following the announcement of recent insider selling by the company. The shares of the industrial products company closed at $30.19 on Friday. The company has a market capitalization of $8.09 billion and a PE ratio of 31.71. Institutional Investors Maintain Optimistic Stance
A number of other institutional investors also recently made changes to their positions in the stock. R Squared Ltd acquired a new position in Tetra Tech in the 4th quarter valued at about $39,000. Asset Planning Inc acquired a new position in shares of Tetra Tech in the fourth quarter valued at approximately $40,000. Jones Financial Companies Lllp lifted its stake in shares of Tetra Tech by 98.0% during the fourth quarter. Jones Financial Companies Lllp now owns 1,000 shares of the industrial products company’s stock valued at $40,000 after buying an additional 495 shares during the period. Blue Trust Inc. boosted its position in Tetra Tech by 235.8% during the fourth quarter. now owns 1,444 shares of the industrial products company’s stock worth $58,000 after acquiring an additional 1,014 shares during the last quarter. A significant portion of the stock is owned by institutional investors and hedge funds, with 93.89% of the stock being held by these entities. The ownership distribution highlights the confidence that these investors have in Tetra Tech’s performance. Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on TTEK shares. KeyCorp decreased their price objective on Tetra Tech from $49.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, January 31st. Royal Bank of Canada set a $49.00 price objective on shares of Tetra Tech in a research note on Friday, January 31st. Maxim Group cut shares of Tetra Tech from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Market Sentiment
The company currently has a consensus rating of “Moderate Buy” and an average price target of $47.92. has a 1 year low of $27.27 and a 1 year high of $51.20. The firm has a 50 day moving average price of $30.03 and a 200 day moving average price of $38.89. Earnings Report
Tetra Tech, Inc. last issued its earnings results on Wednesday, January 29th. The industrial products company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. Tetra Tech had a net margin of 4.81% and a return on equity of 22.58%. Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were issued a $0.058 dividend. This represents a $0.23 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend was Wednesday, February 12th. Tetra Tech’s dividend payout ratio is presently 24.21%. Insider Activity
In other news, Director Kirsten M. Volpi sold 10,116 shares of Tetra Tech stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $34.33, for a total transaction of $347,282.28. Following the sale, the director now directly owns 60,196 shares in the company, valued at $2,066,528.68. The trade was a 14.39 % decrease in their position. Investor Perception
Tetra Tech 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. The CIG segment provides climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services. Key Highlights

• Market capitalization of $8.09 billion
• PE ratio of 31.71
• Consensus rating of “Moderate Buy”
• 50 day moving average price of $30.03
• 200 day moving average price of $38.89

Tetra Tech, Inc. is a well-established company in the industry, with a strong track record of providing consulting and engineering services. The company’s recent insider selling and declining stock price have raised concerns among investors. However, the company’s positive earnings report and dividend announcement suggest that Tetra Tech remains a viable investment option. As investors continue to monitor the company’s performance, they should keep a close eye on its stock price and dividend yield. Tetra Tech Announces Dividend
The company has a 1 year low of $27.27 and a 1 year high of $51.20. has a net margin of 4.81% and a return on equity of 22.58%. This indicates that the company is able to maintain a consistent dividend payment, despite the decline in its stock price. Tetra Tech’s Earnings and Revenue
In the last quarter, Tetra Tech reported $0.35 EPS, beating analysts’ consensus estimates of $0.34 by $0.01. The company also reported a net margin of 4.81% and a return on equity of 22.58%. The revenue was not disclosed, but the EPS suggests that the company is performing well. Tetra Tech’s Stock Price
Tetra Tech, Inc. has a stock price of $30.19 on Friday. In Conclusion
Tetra Tech, Inc. is a leading provider of consulting and engineering services in the United States and internationally. The company has a strong track record of providing high-quality services and has a loyal customer base. Despite the recent decline in its stock price, Tetra Tech remains a viable investment option, thanks to its positive earnings report and dividend announcement. Tetra Tech’s Stock Performance

Tetra Tech, Inc. has a diverse range of services, including climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services. The company has a strong reputation in the industry and has a loyal customer base. Investors who are looking for a well-established company with a strong track record of providing consulting and engineering services may want to consider Tetra Tech, Inc. as a potential investment option. However, investors should be aware of the risks associated with the stock and should conduct thorough research before making any investment decisions. is a company that has a long history of providing high-quality services to its customers.

Tetra Tech, Inc.

Tetra Tech, Inc. The company has a 1 year low of $27.27 and a 1 year high of $51.20.

• Market capitalization of $8.09 billion
• PE ratio of 31.71
• Consensus rating of “Moderate Buy”
• 50 day moving average price of $30.03
• 200 day moving average price of $38.89

Tetra Tech, Inc. In addition to its strong services, Tetra Tech, Inc. has a solid financial position. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.29, and a current ratio of 1.29. Tetra Tech, Inc. Despite the recent decline in its stock price, Tetra Tech remains a viable investment option, thanks to its positive earnings report and dividend announcement.

Tetra Tech’s Dividend Payout Ratio
Tetra Tech’s dividend payout ratio is presently 24.21%. In the last quarter, Tetra Tech reported $0.35 EPS, beating analysts’ consensus estimates of $0.34 by $0.01.