TTM Technologies, Inc. $TTMI Shares Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board raised its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 16.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 402,958 shares of the technology company’s stock after buying an additional 56,488 shares during the period. Public Sector Pension Investment Board’s holdings in TTM Technologies were worth $23,210,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of TTMI. Illinois Municipal Retirement Fund increased its stake in shares of TTM Technologies by 6.8% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 47,881 shares of the technology company’s stock valued at $2,758,000 after purchasing an additional 3,069 shares in the last quarter. Versor Investments LP acquired a new stake in TTM Technologies in the third quarter valued at approximately $439,000. Navellier & Associates Inc. purchased a new stake in shares of TTM Technologies in the third quarter valued at approximately $3,271,000. Profund Advisors LLC acquired a new position in shares of TTM Technologies during the 3rd quarter worth approximately $266,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of TTM Technologies by 62.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,396 shares of the technology company’s stock valued at $81,000 after buying an additional 538 shares in the last quarter. 95.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on TTMI shares. Needham & Company LLC boosted their price target on shares of TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Weiss Ratings lowered shares of TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, February 4th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Stifel Nicolaus set a $108.00 price target on shares of TTM Technologies in a research note on Thursday, February 5th. Finally, Truist Financial set a $113.00 price objective on TTM Technologies in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, TTM Technologies currently has a consensus rating of “Buy” and a consensus target price of $117.25.

TTM Technologies Trading Down 0.6%

TTMI opened at $91.80 on Friday. The firm has a market capitalization of $9.49 billion, a price-to-earnings ratio of 54.32 and a beta of 1.75. The company’s 50 day simple moving average is $83.79 and its two-hundred day simple moving average is $65.21. TTM Technologies, Inc. has a 1-year low of $15.77 and a 1-year high of $111.00. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.93 and a quick ratio of 1.67.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The business had revenue of $763.53 million during the quarter, compared to analyst estimates of $752.96 million. During the same period in the prior year, the business earned $0.60 earnings per share. The business’s revenue was up 19.0% compared to the same quarter last year. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. Analysts expect that TTM Technologies, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Julie Spicer England sold 3,784 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $63.34, for a total transaction of $239,678.56. Following the completion of the sale, the director directly owned 106,541 shares in the company, valued at approximately $6,748,306.94. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $96.12, for a total transaction of $1,614,816.00. Following the completion of the transaction, the director owned 783,406 shares in the company, valued at $75,300,984.72. The trade was a 2.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,027 shares of company stock valued at $3,203,963 over the last 90 days. Insiders own 1.30% of the company’s stock.

TTM Technologies Profile

TTM Technologies, Inc is a leading global manufacturer of printed circuit boards (PCBs) and related electronic components. The company’s product portfolio spans rigid, flexible and rigid-flex circuit boards, as well as advanced substrates, backplanes, hybrid circuits and integrated antenna modules. In addition to PCB fabrication, TTM offers comprehensive system‐level services, including design support, surface mount technology (SMT) assembly, cable and wire harness assembly, and complete box-build solutions to address end-to-end customer requirements.

Serving a broad array of end markets, TTM Technologies supports customers in the communications, computing, automotive, aerospace and defense, industrial, and medical sectors.