Bowen Hanes & Co. Inc. significantly reduced its stake in Tetra Tech (NASDAQ:TTEK) by selling 59.8% of its shares in Q3. Despite this, Tetra Tech surpassed its Q1 earnings estimates with EPS of $0.35 and revenue of $1.21 billion, and provided positive guidance for Q2 and FY 2026. The company also declared a quarterly dividend of $0.065, reflecting a 0.7% yield, and maintains a “Moderate Buy” analyst rating with an average price target of $42.60.
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Tetra Tech, Inc. $TTEK Shares Sold by Bowen Hanes & Co. Inc.
Bowen Hanes & Co. Inc. significantly reduced its stake in Tetra Tech (NASDAQ:TTEK) by selling 59.8% of its shares in Q3. Despite this, Tetra Tech surpassed its Q1 earnings estimates with EPS of $0.35 and revenue of $1.21 billion, and provided positive guidance for Q2 and FY 2026. The company also declared a quarterly dividend of $0.065, reflecting a 0.7% yield, and maintains a “Moderate Buy” analyst rating with an average price target of $42.60.