Winslow Asset Management Inc. Purchases 356,465 Shares of Tetra Tech, Inc. (NASDAQ:TTEK)

Winslow Asset Management Inc. grew its stake in Tetra Tech, Inc. (NASDAQ:TTEK - Free Report) by 396.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 446,357 shares of the industrial products company's stock after purchasing an additional 356,465 shares during the quarter. Tetra Tech makes up about 3.9% of Winslow Asset Management Inc.'s holdings, making the stock its 6th largest position. Winslow Asset Management Inc. owned approximately 0.17% of Tetra Tech worth $21,050,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the stock. CWM LLC grew its stake in shares of Tetra Tech by 20.2% in the 2nd quarter. CWM LLC now owns 304 shares of the industrial products company's stock valued at $62,000 after buying an additional 51 shares during the period. ELCO Management Co. LLC grew its stake in shares of Tetra Tech by 4.8% in the 2nd quarter. ELCO Management Co. LLC now owns 1,313 shares of the industrial products company's stock worth $268,000 after purchasing an additional 60 shares during the last quarter. CIBC Asset Management Inc lifted its stake in Tetra Tech by 4.8% in the second quarter. CIBC Asset Management Inc now owns 1,524 shares of the industrial products company's stock valued at $312,000 after acquiring an additional 70 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in Tetra Tech by 4.0% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 2,021 shares of the industrial products company's stock worth $413,000 after buying an additional 77 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in Tetra Tech by 0.8% during the 2nd quarter. Victory Capital Management Inc. now owns 11,229 shares of the industrial products company's stock worth $2,296,000 after buying an additional 86 shares in the last quarter. 93.89% of the stock is currently owned by hedge funds and other institutional investors.

Tetra Tech Trading Up 0.3 %

NASDAQ TTEK traded up $0.14 on Tuesday, reaching $48.26. The stock had a trading volume of 2,590,877 shares, compared to its average volume of 1,400,401. The firm has a market capitalization of $12.92 billion, a price-to-earnings ratio of 44.47 and a beta of 0.94. The stock has a fifty day moving average price of $47.80 and a two-hundred day moving average price of $44.41. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.52. Tetra Tech, Inc. has a 12-month low of $30.52 and a 12-month high of $51.20.

Insider Transactions at Tetra Tech

In related news, CFO Steven M. Burdick sold 36,830 shares of the business's stock in a transaction dated 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 of the company's stock, valued at $5,244,713.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Leslie L. Shoemaker sold 78,420 shares of the firm's stock in a transaction that occurred on Tuesday, September 10th. The shares were 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 in the company, valued at approximately $13,649,251.65. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Steven M. Burdick sold 36,830 shares of Tetra Tech stock in a transaction on 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 directly owns 112,620 shares in the company, valued at $5,244,713.40. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 121,750 shares of company stock valued at $5,633,239 in the last ninety days. Corporate insiders own 0.61% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. KeyCorp increased their price target on Tetra Tech from $49.00 to $56.00 and gave the company an "overweight" rating in a research note on Tuesday, October 8th. Robert W. Baird increased their price target on Tetra Tech from $44.60 to $46.00 and gave the stock a "neutral" rating in a research note on Thursday, August 1st. StockNews.com raised Tetra Tech from a "hold" rating to a "buy" rating in a report on Tuesday, October 15th. Finally, Royal Bank of Canada raised their price target on Tetra Tech from $46.60 to $51.80 and gave the stock an "outperform" rating in a research report on Friday, August 2nd. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Tetra Tech presently has an average rating of "Moderate Buy" and a consensus target price of $50.48.

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.