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The Swiss National Bank sold 32,700 Tetra Tech shares in Q2, while the company beat earnings estimates and raised 2026 guidance.
The Swiss National Bank reduced its stake in Tetra Tech (TTEK) by 32,700 shares in Q2, holding 486,500 shares worth $17.5 million as of latest filings.
The company reported strong Q3 results on November 12, with $0.45 EPS and $1.33 billion in revenue, surpassing estimates.
Revenue rose 1.6% year-over-year, and Tetra Tech raised full-year 2026 guidance to $1.40–$1.55 EPS.
The stock trades at $34.78 with a market cap of $9.07–$9.14 billion, a P/E of 43.48, and a beta of 0.96.
Institutional ownership is 93.89%, and analysts maintain a "Moderate Buy" consensus with a $42.20 target.
A quarterly dividend of $0.065 was declared, yielding 0.7%.
El Banco Nacional Suizo vendió 32.700 acciones de Tetra Tech en el segundo trimestre, mientras que la compañía superó las estimaciones de ganancias y elevó la guía para 2026.