Tetra Tech, Inc. (NASDAQ:TTEK) Stock Holdings Increased by Wisconsin Capital Management LLC

Wisconsin Capital Management LLC grew its position in shares of Tetra Tech, Inc. (NASDAQ:TTEK) by 400.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,825 shares of the industrial products company’s stock after buying an additional 4,660 shares during the period. Wisconsin Capital Management LLC’s holdings in Tetra Tech were worth $275,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TTEK. Allworth Financial LP grew its holdings in shares of Tetra Tech by 629.3% during the third quarter. Allworth Financial LP now owns 547 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 472 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of Tetra Tech during the second quarter valued at $28,000. USA Financial Formulas increased its holdings in shares of Tetra Tech by 332.3% in the 3rd quarter. USA Financial Formulas now owns 709 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 545 shares during the period. Rise Advisors LLC boosted its stake in Tetra Tech by 402.1% during the 3rd quarter. Rise Advisors LLC now owns 723 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 579 shares during the period. Finally, Sound Income Strategies LLC raised its holdings in shares of Tetra Tech by 400.0% during the third quarter. Sound Income Strategies LLC now owns 725 shares of the industrial products company’s stock valued at $34,000 after buying an additional 580 shares during the last quarter. 93.89% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other news, EVP Leslie L. Shoemaker sold 78,420 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $46.11, for a total value of $3,615,946.20. Following the completion of the sale, the executive vice president now owns 296,015 shares in the company, valued at $13,649,251.65. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director Kimberly E. Ritrievi sold 6,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $46.48, for a total value of $302,120.00. Following the transaction, the director now directly owns 143,200 shares of the company’s stock, valued at approximately $6,655,936. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Leslie L. Shoemaker sold 78,420 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $46.11, for a total value of $3,615,946.20. Following the sale, the executive vice president now directly owns 296,015 shares of the company’s stock, valued at $13,649,251.65. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 121,750 shares of company stock worth $5,633,239. Company insiders own 0.61% of the company’s stock.

Tetra Tech Stock Performance

TTEK opened at $50.35 on Wednesday. Tetra Tech, Inc. has a fifty-two week low of $30.08 and a fifty-two week high of $50.69. The firm has a market cap of $13.48 billion, a PE ratio of 46.53 and a beta of 0.94. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.52. The business has a fifty day simple moving average of $47.79 and a 200-day simple moving average of $44.13.

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.