Tetra Tech, Inc. (NASDAQ:TTEK) is expected to pay $0.09 on Dec 14, 2016. The indicated annual dividend is $0.36. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Tetra Tech, Inc.’s current price of $44.15, the dividend is 0.20%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 10, 2016. The stock increased 1.96% or $0.85 on November 25, hitting $44.15. Tetra Tech, Inc. (NASDAQ:TTEK) has risen 44.66% since April 25, 2016 and is uptrending. It has outperformed by 38.65% the S&P500.
Tetra Tech, Inc. is a provider of consulting, engineering, program management, construction management, and technical services. The company has a market cap of $2.57 billion. The Company’s divisions include Water, Environment and Infrastructure , Resource Management and Energy (RME), and Remediation and Construction Management (RCM). It has a 30.98 P/E ratio. The WEI segment provides consulting and engineering services.
Insitutional Activity: The institutional sentiment increased to 1.04 in Q2 2016. Its up 0.01, from 1.03 in 2016Q1. The ratio is positive, as 19 funds sold all Tetra Tech, Inc. shares owned while 76 reduced positions. 24 funds bought stakes while 74 increased positions. They now own 47.53 million shares or 8.34% less from 51.85 million shares in 2016Q1.
Credit Suisse Ag holds 0% or 65,371 shares in its portfolio. Thrivent For Lutherans accumulated 73,456 shares or 0.01% of the stock. Putnam Invs Ltd Co last reported 158,522 shares in the company. Lsv Asset Mngmt accumulated 1.75 million shares or 0.11% of the stock. Amalgamated Bank & Trust owns 6,854 shares or 0.01% of their US portfolio. Rhumbline Advisers owns 95,963 shares or 0.01% of their US portfolio. Hsbc Holdg Public Ltd reported 11,336 shares or 0% of all its holdings. Segall Bryant And Hamill has invested 0.11% of its portfolio in Tetra Tech, Inc. (NASDAQ:TTEK). Ngam Advisors Limited Partnership has invested 0.02% of its portfolio in Tetra Tech, Inc. (NASDAQ:TTEK). Shell Asset Management last reported 0.02% of its portfolio in the stock. State Street Corporation holds 0% or 1.23 million shares in its portfolio. California Public Employees Retirement Sys holds 0.01% of its portfolio in Tetra Tech, Inc. (NASDAQ:TTEK) for 204,900 shares. Moreover, Centaur Prtn L P has 4.23% invested in Tetra Tech, Inc. (NASDAQ:TTEK) for 95,000 shares. The Switzerland-based Swiss State Bank has invested 0% in Tetra Tech, Inc. (NASDAQ:TTEK). Highbridge Mngmt Limited Liability Corp last reported 0.01% of its portfolio in the stock.
Insider Transactions: Since June 1, 2016, the stock had 0 insider purchases, and 13 insider sales for $6.15 million net activity. Shares for $51,707 were sold by THOMPSON J KENNETH. 50,000 shares were sold by BATRACK DAN L, worth $1.54M. 16,750 Tetra Tech, Inc. (NASDAQ:TTEK) shares with value of $523,138 were sold by BURDICK STEVEN M. Shares for $216,588 were sold by SMITH ALBERT E on Wednesday, June 8. 16,750 shares were sold by SALIN JANIS B, worth $536,000. Shares for $559,785 were sold by SHOEMAKER LESLIE L. TRULY RICHARD H had sold 8,000 shares worth $247,945.
Tetra Tech, Inc. (NASDAQ:TTEK) Ratings Coverage
Out of 9 analysts covering TETRA Tech (NASDAQ:TTEK), 4 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 44% are positive. TETRA Tech has been the topic of 12 analyst reports since November 9, 2015 according to StockzIntelligence Inc. JP Morgan upgraded Tetra Tech, Inc. (NASDAQ:TTEK) on Tuesday, November 10 to “Overweight” rating. The stock has “Hold” rating given by Stifel Nicolaus on Tuesday, January 5. Oppenheimer maintained the shares of TTEK in a report on Friday, January 29 with “Outperform” rating. As per Monday, April 18, the company rating was downgraded by Oppenheimer. On Friday, July 29 the stock rating was maintained by FBR Capital with “Mkt Perform”. Canaccord Genuity upgraded the shares of TTEK in a report on Tuesday, May 31 to “Buy” rating. The rating was maintained by Wunderlich on Monday, November 9 with “Buy”. The firm has “Outperform” rating by Wedbush given on Friday, January 29. The rating was downgraded by Wedbush to “Neutral” on Wednesday, April 20. The rating was downgraded by FBR Capital on Friday, April 29 to “Market Perform”.
More news for Tetra Tech, Inc. (NASDAQ:TTEK) were recently published by: Prnewswire.com, which released: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Tetra Tech …” on September 21, 2016. Labusinessjournal.com‘s article titled: “Tetra Tech Part of $400 Million Army Base Cleanup Contract” and published on October 24, 2016 is yet another important article.
TTEK Company Profile
Tetra Tech, Inc., incorporated on February 4, 1988, is a well-known provider of consulting, engineering, program management, construction management, and technical services. The Company’s divisions include Water, Environment and Infrastructure (WEI), Resource Management and Energy (RME), and Remediation and Construction Management (RCM). The WEI segment provides consulting and engineering services. The RME segment provides consulting and engineering services across the world for a range of resource management and energy needs. The Firm includes wind-down of its non-core construction activities in the RCM segment. The Company’s solutions span the entire life cycle of consulting and engineering projects and include applied science, research and technology, engineering, design, construction management, activities and maintenance, and information technology. It provides its services to a diverse base of international, the United States commercial, the United Sates federal clients.
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