First Pacific Financial Has $977,000 Stock Holdings in Tetra Tech, Inc. (NASDAQ:TTEK)

First Pacific Financial trimmed its position in Tetra Tech, Inc. (NASDAQ:TTEK) by 3.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 24,524 shares of the industrial products company’s stock after selling 790 shares during the period. First Pacific Financial’s holdings in Tetra Tech were worth $977,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. ELCO Management Co. LLC lifted its holdings in shares of Tetra Tech by 4.8% during the second quarter. ELCO Management Co. LLC now owns 1,313 shares of the industrial products company’s stock worth $268,000 after buying an additional 60 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Tetra Tech by 561.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 205 shares of the industrial products company’s stock valued at $44,000 after purchasing an additional 174 shares during the period. American Century Companies Inc. grew its position in Tetra Tech by 3.3% in the 2nd quarter. American Century Companies Inc. now owns 5,841 shares of the industrial products company’s stock worth $1,194,000 after purchasing an additional 185 shares during the last quarter. Quarry LP acquired a new stake in Tetra Tech in the 2nd quarter worth $54,000. Finally, Insigneo Advisory Services LLC increased its holdings in shares of Tetra Tech by 19.9% during the 2nd quarter. Insigneo Advisory Services LLC now owns 1,668 shares of the industrial products company’s stock worth $376,000 after purchasing an additional 277 shares during the period. 93.89% of the stock is owned by institutional investors.

Tetra Tech Stock Up 1.1 %

Shares of TTEK opened at $42.34 on Friday. The business’s 50 day simple moving average is $41.57 and its 200-day simple moving average is $44.27. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.25 and a quick ratio of 1.25. Tetra Tech, Inc. has a one year low of $31.61 and a one year high of $51.20. The company has a market capitalization of $11.34 billion, a P/E ratio of 34.37 and a beta of 0.90.

Tetra Tech Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th were given a $0.058 dividend. This represents a $0.23 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend was Wednesday, November 27th. Tetra Tech’s payout ratio is presently 18.67%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on TTEK shares. Robert W. Baird lifted their target price on Tetra Tech from $46.00 to $47.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. KeyCorp dropped their target price on Tetra Tech from $56.00 to $49.00 and set an “overweight” rating for the company in a report on Friday, November 15th. StockNews.com lowered Tetra Tech from a “buy” rating to a “hold” rating in a research note on Friday, November 15th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price target on shares of Tetra Tech in a research report on Friday, November 15th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $49.32.

Tetra Tech 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.