Russell Investments Group Ltd. lowered its place in shares of Tetra Tech, Inc. (NASDAQ:TTEK – Get Score) by 13.1% within the 1st quarter, in line with its most up-to-date disclosure with the Securities & Alternate Fee. The institutional investor owned 67,038 shares of the commercial merchandise firm’s inventory after promoting 10,136 shares through the quarter. Russell Investments Group Ltd. owned 0.12% of Tetra Tech value $11,055,000 on the finish of the newest quarter.
Different hedge funds have additionally not too long ago purchased and offered shares of the corporate. Nisa Funding Advisors LLC lifted its holdings in Tetra Tech by 0.4% within the 4th quarter. Nisa Funding Advisors LLC now owns 27,735 shares of the commercial merchandise firm’s inventory valued at $3,860,000 after buying a further 100 shares over the past quarter. Mckinley Capital Administration LLC Delaware lifted its holdings in Tetra Tech by 0.3% within the 1st quarter. Mckinley Capital Administration LLC Delaware now owns 46,158 shares of the commercial merchandise firm’s inventory valued at $7,613,000 after buying a further 116 shares over the past quarter. Fieldpoint Non-public Securities LLC lifted its holdings in Tetra Tech by 30.1% within the 1st quarter. Fieldpoint Non-public Securities LLC now owns 557 shares of the commercial merchandise firm’s inventory valued at $92,000 after buying a further 129 shares over the past quarter. First Pacific Monetary lifted its holdings in Tetra Tech by 2.7% within the 1st quarter. First Pacific Monetary now owns 4,957 shares of the commercial merchandise firm’s inventory valued at $818,000 after buying a further 129 shares over the past quarter. Lastly, Fifth Third Bancorp lifted its holdings in Tetra Tech by 34.4% within the 1st quarter. Fifth Third Bancorp now owns 508 shares of the commercial merchandise firm’s inventory valued at $84,000 after buying a further 130 shares over the past quarter. 87.75% of the inventory is owned by institutional buyers and hedge funds.
Analyst Scores Modifications
TTEK has been the topic of various analysis analyst experiences. Northcoast Analysis initiated protection on shares of Tetra Tech in a report on Friday, July 15th. They issued a “impartial” ranking for the corporate. Boenning Scattergood restated a “impartial” ranking on shares of Tetra Tech in a report on Thursday, Could fifth. StockNews.com downgraded Tetra Tech from a “purchase” ranking to a “maintain” ranking in a report on Friday. Lastly, Maxim Group reduce their value goal on Tetra Tech from $215.00 to $190.00 in a report on Friday, Could sixth.
Tetra Tech Worth Efficiency
NASDAQ TTEK opened at $145.59 on Friday. The inventory’s 50-day shifting common value is $137.32 and its two-hundred day shifting common value is $144.24. The corporate has a present ratio of 1.26, a fast ratio of 1.26 and a debt-to-equity ratio of 0.19. The corporate has a market cap of $7.82 billion, a PE ratio of 30.08 and a beta of 0.90. Tetra Tech, Inc. has a 1 yr low of $118.55 and a 1 yr excessive of $192.91.
Tetra Tech (NASDAQ:TTEK – Get Score) final posted its quarterly earnings information on Wednesday, Could 4th. The economic merchandise firm reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.08. The agency had income of $699.64 million for the quarter, in comparison with the consensus estimate of $653.85 million. Tetra Tech had a return on fairness of 18.86% and a web margin of seven.53%. The enterprise’s income for the quarter was up 16.6% in comparison with the identical quarter final yr. Throughout the identical quarter within the earlier yr, the corporate earned $0.83 EPS. On common, analysts predict that Tetra Tech, Inc. will put up 4.37 EPS for the present yr.
Tetra Tech Dividend Announcement
The agency additionally not too long ago introduced a quarterly dividend, which can be paid on Friday, August 26th. Stockholders of document on Friday, August 12th can be issued a $0.23 dividend. The ex-dividend date is Thursday, August 11th. This represents a $0.92 dividend on an annualized foundation and a dividend yield of 0.63%. Tetra Tech’s dividend payout ratio is 19.01%.
Tetra Tech Profile
Tetra Tech, Inc supplies consulting and engineering providers worldwide. The corporate operates by two segments Authorities Companies Group (GSG) and Industrial/Worldwide Companies Group (CIG). The GSG phase presents early information assortment and monitoring, information evaluation and data administration, science and engineering utilized analysis, engineering design, mission administration, and operations and upkeep providers; and local weather change and power administration consulting, in addition to greenhouse gasoline stock evaluation, certification, discount, and administration providers.
Learn Extra
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