Tetra Tech, Inc. (NASDAQ:TTEK) Shares Acquired by Winslow Asset Management Inc.

Winslow Asset Management Inc. lifted its stake in Tetra Tech, Inc. (NASDAQ:TTEK) by 396.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 446,357 shares of the industrial products company’s stock after acquiring an additional 356,465 shares during the quarter. Tetra Tech accounts for 3.9% of Winslow Asset Management Inc.’s investment portfolio, making the stock its 6th largest position. Winslow Asset Management Inc.’s holdings in Tetra Tech were worth $21,050,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. grew its position in Tetra Tech by 88.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 12,384 shares of the industrial products company’s stock valued at $2,288,000 after acquiring an additional 5,819 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in Tetra Tech by 4.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 8,547 shares of the industrial products company’s stock worth $1,579,000 after buying an additional 369 shares during the period. Sei Investments Co. lifted its holdings in Tetra Tech by 3.2% during the 1st quarter. Sei Investments Co. now owns 97,745 shares of the industrial products company’s stock worth $18,054,000 after buying an additional 3,049 shares in the last quarter. Headlands Technologies LLC purchased a new position in Tetra Tech in the 1st quarter valued at approximately $280,000. Finally, US Bancorp DE grew its stake in shares of Tetra Tech by 43.3% in the first quarter. US Bancorp DE now owns 3,270 shares of the industrial products company’s stock worth $604,000 after acquiring an additional 988 shares in the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

Tetra Tech Stock Up 2.8 %

Shares of NASDAQ TTEK opened at $48.12 on Tuesday. The business has a 50-day moving average of $47.80 and a two-hundred day moving average of $44.41. The company has a market capitalization of $12.88 billion, a price-to-earnings ratio of 44.47 and a beta of 0.94. Tetra Tech, Inc. has a 1 year low of $30.52 and a 1 year high of $51.20. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.21 and a quick ratio of 1.21.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. StockNews.com upgraded Tetra Tech from a “hold” rating to a “buy” rating in a research note on Tuesday, October 15th. Robert W. Baird boosted their price objective on Tetra Tech from $44.60 to $46.00 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. KeyCorp upped their target price on shares of Tetra Tech from $49.00 to $56.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 8th. Finally, Royal Bank of Canada lifted their price target on shares of Tetra Tech from $46.60 to $51.80 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Tetra Tech presently has a consensus rating of “Moderate Buy” and a consensus target price of $50.48.

Insider Transactions at Tetra Tech

In other news, CFO Steven M. Burdick sold 36,830 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $46.57, for a total transaction of $1,715,173.10. Following the completion of the sale, the chief financial officer now owns 112,620 shares in the company, valued at approximately $5,244,713.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Tetra Tech news, CFO Steven M. Burdick sold 36,830 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $46.57, for a total transaction of $1,715,173.10. Following the transaction, the chief financial officer now owns 112,620 shares of the company’s stock, valued at approximately $5,244,713.40. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Kimberly E. Ritrievi sold 6,500 shares of the business’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $46.48, for a total value of $302,120.00. Following the completion of the sale, the director now directly owns 143,200 shares of the company’s stock, valued at $6,655,936. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 121,750 shares of company stock valued at $5,633,239. Corporate insiders own 0.61% of the company’s stock.

Tetra Tech Company 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; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.