Arizona State Retirement System increased its holdings in Tetra Tech, Inc. (NASDAQ:TTEK – Get Rating) by 3.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,045 shares of the industrial products company’s stock after purchasing an additional 457 shares during the period. Arizona State Retirement System’s holdings in Tetra Tech were worth $2,184,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Tetra Tech by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 5,303,607 shares of the industrial products company’s stock worth $874,777,000 after acquiring an additional 61,906 shares in the last quarter. Pictet Asset Management SA raised its holdings in Tetra Tech by 2.3% during the 3rd quarter. Pictet Asset Management SA now owns 2,637,863 shares of the industrial products company’s stock valued at $339,044,000 after buying an additional 60,405 shares during the period. State Street Corp grew its position in Tetra Tech by 1.9% in the 1st quarter. State Street Corp now owns 1,707,196 shares of the industrial products company’s stock valued at $281,585,000 after acquiring an additional 31,942 shares during the last quarter. Invesco Ltd. grew its position in Tetra Tech by 7.5% in the 1st quarter. Invesco Ltd. now owns 917,617 shares of the industrial products company’s stock valued at $151,353,000 after acquiring an additional 64,168 shares during the last quarter. Finally, Macquarie Group Ltd. grew its position in Tetra Tech by 3.5% in the 2nd quarter. Macquarie Group Ltd. now owns 767,471 shares of the industrial products company’s stock valued at $104,798,000 after acquiring an additional 26,144 shares during the last quarter. 85.28% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Tetra Tech
In other news, Director Kirsten M. Volpi sold 900 shares of the stock in a transaction on Thursday, February 16th. The stock was sold at an average price of $145.74, for a total transaction of $131,166.00. Following the transaction, the director now owns 11,563 shares of the company’s stock, valued at approximately $1,685,191.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.76% of the company’s stock.
Analyst Ratings Changes
Tetra Tech Price Performance
TTEK opened at $143.98 on Wednesday. Tetra Tech, Inc. has a 12-month low of $118.55 and a 12-month high of $169.67. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18. The business’s fifty day simple moving average is $140.88 and its 200-day simple moving average is $145.45. The company has a market capitalization of $7.66 billion, a price-to-earnings ratio of 24.82 and a beta of 0.97.
Tetra Tech Profile
Tetra Tech, Inc engages in the provision of consulting and engineering services. It operates through the following segments: Government Services Group (GSG), Commercial and International Services Group (CIG), and Remediation and Construction Management (RCM). The GSG segment offers consulting and engineering services primarily to United States government clients such as federal, state and local, and development agencies worldwide.
See Also
- Get a free copy of the StockNews.com research report on Tetra Tech (TTEK)
- How to Buy Southwest Airlines Stock
- Lucid Group Bottomed, But The Outlook Remains Cloudy
- Shoals Technology is an EV and Solar Play Just Getting Started
- Under Armour May Have Just Bottomed
- Skyworks Solutions: Another Crack in the Consumer Outlook
Receive News & Ratings for Tetra Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tetra Tech and related companies with MarketBeat.com's FREE daily email newsletter.
