TTM Technologies, Inc. $TTMI Stock Holdings Lifted by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. lifted its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 9.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 385,905 shares of the technology company’s stock after buying an additional 34,428 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in TTM Technologies were worth $26,627,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Horizon Investment Services LLC increased its position in shares of TTM Technologies by 255.7% in the third quarter. Horizon Investment Services LLC now owns 27,570 shares of the technology company’s stock worth $1,588,000 after acquiring an additional 19,820 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of TTM Technologies in the fourth quarter worth approximately $668,000. Navellier & Associates Inc. purchased a new position in shares of TTM Technologies in the third quarter worth approximately $3,271,000. Lisanti Capital Growth LLC increased its position in shares of TTM Technologies by 142.2% in the third quarter. Lisanti Capital Growth LLC now owns 92,107 shares of the technology company’s stock worth $5,305,000 after acquiring an additional 54,072 shares in the last quarter. Finally, Independent Advisor Alliance purchased a new position in shares of TTM Technologies in the third quarter worth approximately $5,080,000. 95.79% of the stock is owned by hedge funds and other institutional investors.

TTM Technologies Stock Performance

Shares of TTMI opened at $173.72 on Friday. The company’s 50 day moving average price is $136.16 and its 200 day moving average price is $102.25. TTM Technologies, Inc. has a 52 week low of $29.26 and a 52 week high of $200.68. The company has a market capitalization of $18.04 billion, a PE ratio of 93.90 and a beta of 2.11. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. The company had revenue of $845.98 million during the quarter, compared to the consensus estimate of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Research analysts expect that TTM Technologies, Inc. will post 3.35 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on TTMI shares. Stifel Nicolaus lifted their target price on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday. Needham & Company LLC lifted their target price on shares of TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Truist Financial lifted their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $209.00.

Insider Buying and Selling

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.30% of the stock is owned by corporate insiders.

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.