Mitsubishi UFJ Trust & Banking Corp Makes New $668,000 Investment in TTM Technologies, Inc. $TTMI

Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,677 shares of the technology company’s stock, valued at approximately $668,000.

Several other hedge funds also recently made changes to their positions in TTMI. Royal Bank of Canada grew its holdings in shares of TTM Technologies by 66.6% during the first quarter. Royal Bank of Canada now owns 26,433 shares of the technology company’s stock worth $543,000 after purchasing an additional 10,565 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of TTM Technologies by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,087 shares of the technology company’s stock worth $1,232,000 after purchasing an additional 2,632 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of TTM Technologies by 7.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,705,963 shares of the technology company’s stock worth $34,989,000 after purchasing an additional 115,766 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of TTM Technologies by 7.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 190,563 shares of the technology company’s stock worth $3,908,000 after purchasing an additional 13,691 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of TTM Technologies by 1,150.2% during the first quarter. Jane Street Group LLC now owns 139,889 shares of the technology company’s stock worth $2,869,000 after purchasing an additional 128,700 shares during the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Insider Activity at TTM Technologies

In related news, EVP Catherine A. Gridley sold 20,000 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $105.94, for a total value of $2,118,800.00. Following the completion of the sale, the executive vice president owned 78,645 shares in the company, valued at $8,331,651.30. This trade represents a 20.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The SEC filing for this sale provides additional information. Insiders sold a total of 88,350 shares of company stock worth $8,797,770 over the last 90 days. Company insiders own 1.30% of the company’s stock.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $159.58 on Wednesday. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50. The company has a market cap of $16.57 billion, a P/E ratio of 86.26 and a beta of 2.11. TTM Technologies, Inc. has a 52 week low of $24.31 and a 52 week high of $180.00. The company has a 50-day moving average price of $110.15 and a 200 day moving average price of $88.55.

TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The firm 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 firm’s revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Research analysts predict that TTM Technologies, Inc. will post 2.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on TTMI shares. Stifel Nicolaus increased their target price on shares of TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. B. Riley Financial reiterated a “buy” rating on shares of TTM Technologies in a research note on Friday, April 24th. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Finally, Needham & Company LLC increased their target price on shares of TTM Technologies from $125.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $149.50.

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.