Northland Capital Lowers Tetra Technologies’ Q3 Earnings Forecast

Analysts at Northland Capital Markets have revised their earnings per share (EPS) forecast for Tetra Technologies, Inc. (NYSE: TTI) downward for the third quarter of 2026. In a report released on December 31, 2026, analyst B. Brooks projected that Tetra Technologies will earn $0.05 per share, a decrease from the previous estimate of $0.07. This adjustment comes as part of a broader review of the company’s financial outlook.

The current consensus estimate for Tetra Technologies’ full-year earnings stands at $0.15 per share. In addition, Northland Capital Markets has also set estimates for the company’s fourth quarter of 2026 at $0.04 EPS, with full-year earnings predictions of $0.23 for 2026 and $0.39 for 2027.

Several other financial institutions have also weighed in on Tetra Technologies. CJS Securities initiated coverage on the stock on December 11, 2026, issuing an “outperform” rating with a price target of $11.50. Following suit, Northland Securities increased their target price for Tetra from $8.50 to $11.50 on the same day, while Stifel Nicolaus raised their price objective from $6.50 to $9.00 in October. Conversely, Wall Street Zen downgraded Tetra Technologies from a “buy” rating to a “hold” on November 1, 2026.

Currently, four analysts have issued a “buy” rating for the stock, while one has assigned a “hold” rating. According to data from MarketBeat, Tetra Technologies has a consensus rating of “Moderate Buy” and an average price target of $9.25.

Tetra Technologies Stock Performance and Financial Metrics

As of Monday, Tetra Technologies’ stock was trading down 3.6% at $9.75. The company’s stock has a 50-day moving average of $8.32 and a 200-day moving average of $6.00. Tetra Technologies boasts a market capitalization of $1.30 billion, a price-to-earnings ratio of 10.71, and a beta of 1.11. Over the past year, the stock has fluctuated between a low of $2.03 and a high of $10.24. Financial ratios indicate a current ratio of 2.35, a quick ratio of 1.56, and a debt-to-equity ratio of 0.61.

In its latest quarterly earnings report, released on October 28, 2026, Tetra Technologies reported an EPS of $0.04, aligning with the consensus estimate. The company also reported revenue of $153.24 million, surpassing analyst expectations of $144.40 million. Tetra Technologies achieved a return on equity of 13.07% and a net margin of 19.75% during this quarter.

Insider Transactions and Institutional Investments

In a recent development, Vice President Alicia R. Shoemake sold 19,257 shares on November 10, 2026, at an average price of $7.94, bringing the total transaction value to approximately $152,900.58. Following this sale, Shoemake now holds 132,672 shares of the company, valued at around $1,053,415.68, marking a 12.67% decline in her position. The transaction was disclosed in a filing with the Securities and Exchange Commission.

Institutional investors have also been active in Tetra Technologies. Vanguard Group Inc. increased its stake in the company by 2.1% in the third quarter, now owning 8,456,975 shares valued at approximately $48.63 million. Other significant investments include Rubric Capital Management LP, which acquired a new position valued at around $26.05 million, and Dimensional Fund Advisors LP, which boosted its holdings by 1.7%, owning 4,419,796 shares valued at $25.41 million.

Currently, 70.19% of Tetra Technologies’ stock is held by hedge funds and other institutional investors, reflecting significant institutional interest in the company.

Tetra Technologies, Inc. provides specialized products and services to the upstream oil and gas industry, operating primarily through its Oilfield Services and Chemical Solutions segments. The company’s offerings include hydraulic fracturing services and a wide range of drilling and production chemicals, supporting operations in the oil and gas sector.