Tetra Tech, Inc. (TTEK)

In the past six months, TTEK's stock has trended down by 5.98%, with a 52-week low of $29.57 and a 52-week high of $43.14. Tetra Tech reported its quarterly earnings on April 29, 2026, with $0.34 earnings per share (EPS), beating analysts' consensus estimates of $0.31, and revenue of $1.22 billion, exceeding the consensus estimate of $1 billion. Following strong Q2 FY26 results, Tetra Tech raised its fiscal year 2026 guidance for adjusted EPS to $1.50-$1.58 and net revenue to $4.25B-$4.4B on April 30, 2026. The company announced an increase in its quarterly dividend to $0.072 per share, an 11% increase year-over-year on May 2, 2026. An analysis on May 8, 2026, suggested that the market might be underpricing TTEK, focusing too much on USAID wind-down and federal budget headlines, despite strong Q2 performance, record cash generation, and raised FY26 guidance.

The provided search results do not contain explicit information about the demand seasonality for Tetra Tech, Inc.'s products and services. However, demand might be influenced by government funding cycles, regulatory changes, and broader economic conditions affecting infrastructure development and environmental initiatives. Certain types of projects can come in and out of favor, indicating some cyclicality in demand. The company's backlog growth and increased guidance for fiscal 2026 suggest ongoing demand in its core markets.

Tetra Tech, Inc., headquartered in Pasadena, California, is a global consulting and engineering services firm operating in the professional services sector, with a focus on the engineering and construction industry. The company provides high-end consulting and engineering services related to water, environment, and sustainable infrastructure worldwide. Tetra Tech utilizes advanced analytics, AI, and machine learning through its proprietary "Tetra Tech Delta" suite of digital solutions.

Tetra Tech has a significant global presence with over 25,000 employees in 550 offices worldwide, operating in more than 100 countries. The United States represents the largest portion of its revenue, accounting for 73.77% in fiscal year 2025, with Canada contributing 10.97%, Australia 10.47%, and other countries making up the remainder. The company has over 300 offices across North America, with at least one office in every U.S. state and over 50 locations in Canada.

Tetra Tech has a strong brand reputation, particularly in the water treatment and desalination market, where it has been ranked number one by Engineering News-Record (ENR) for 12 consecutive years. Tetra Tech filed its 10-K report on November 20, 2025, showing a revenue increase but a decline in net income due to legal contingency costs and impairment of goodwill. The company's focus on climate adaptation and sustainable infrastructure has led to an increasing share of its holdings by ESG-integrated funds. Tetra Tech has received awards from the Environmental Business Journal and the Climate Change Business Journal for high-performance buildings and advancing offshore wind energy.

Tetra Tech is primarily owned by institutional shareholders, who hold approximately 93.77% of the company's stock, insiders own about 1.41%, and retail investors hold 4.82%. Vanguard Group Inc is the largest individual Tetra Tech shareholder, owning 25.80 million shares representing 9.94% of the company. Other major institutional owners include BlackRock, Inc., Pictet Asset Management Holding SA, State Street Corp, Capital International Investors, Neuberger Berman Group LLC, Sands Capital Management, Llc, Amundi, Geode Capital Management, Llc, FIL Ltd, and AllianceBernstein L.P. Individual insider ownership is generally low, with insiders collectively holding under 2% as of Q1 2025.