Tetra Tech (TTEK) Soars 15% Ahead of Dividend Payment

We precocious published Market successful Turmoil but These 10 Stocks Are connected Fire. Tetra Tech Inc. (NASDAQ:TTEK) is 1 of the best-performing stocks connected Thursday.

Tetra Tech extended gains for a 2nd time connected Thursday, jumping 15.29 percent to adjacent astatine $37.41 apiece arsenic investors loaded portfolios up of its dividend outgo for the quarter.

In a statement, Tetra Tech Inc. (NASDAQ:TTEK) said that it would administer $0.065 worthy of dividends for each stock held by communal shareholders arsenic of the December 1 grounds date. The dividends, which are 12 percent higher year-on-year, are payable connected December 12.

The dividends followed the results of Tetra Tech Inc.’s (NASDAQ:TTEK) net show successful the afloat fiscal twelvemonth ending September 2025, wherever it incurred an attributable nett income of $247.7 million, oregon a 26 percent driblet from the $333.38 cardinal successful the aforesaid play past year.

However, attributable nett income surged by 33 percent successful the 4th fourth to $127.7 cardinal from $96.15 cardinal successful the aforesaid comparable period.

Net revenues for the afloat fiscal twelvemonth grew by 7 percent to $4.6 cardinal from $4.3 cardinal past year, portion nett revenues for the 4th fourth unsocial inched up by 1.7 percent to $1.16 cardinal from $1.14 billion.

For fiscal twelvemonth 2026, Tetra Tech Inc. (NASDAQ:TTEK) targets nett revenues of $4.05 cardinal to $4.25 billion, oregon an implied maturation scope of 5 to 11 percent year-on-year.

For the archetypal quarter, nett revenues are expected astatine $950 cardinal to $1 billion.

“Looking guardant to fiscal 2026 and beyond, we spot accrued request for our high-end services to code the improvement of water-reliant infrastructure, including information centers and concern manufacturing. Our high-voltage engineering signifier has benefited from these projects with its backlog doubling successful the 4th quarter. In addition, our front-end consulting services are captious to the enlargement and extortion of coastal and marine infrastructure for defence clients astir the world,” said President Roger Argus.

While we admit the imaginable of TTEK arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.