Royce & Associates LP Grows Stock Holdings in TTM Technologies, Inc. $TTMI

Royce & Associates LP grew its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 103.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 269,046 shares of the technology company’s stock after buying an additional 136,845 shares during the quarter. Royce & Associates LP’s holdings in TTM Technologies were worth $18,564,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Larson Financial Group LLC raised its holdings in TTM Technologies by 4.4% in the third quarter. Larson Financial Group LLC now owns 3,978 shares of the technology company’s stock valued at $229,000 after acquiring an additional 167 shares in the last quarter. Optiver Holding B.V. raised its holdings in TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after acquiring an additional 170 shares in the last quarter. Choreo LLC raised its holdings in TTM Technologies by 1.4% in the third quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock valued at $818,000 after acquiring an additional 191 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in TTM Technologies by 3.3% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 6,665 shares of the technology company’s stock valued at $460,000 after acquiring an additional 214 shares in the last quarter. Finally, Focus Partners Wealth raised its holdings in TTM Technologies by 1.1% in the first quarter. Focus Partners Wealth now owns 31,944 shares of the technology company’s stock valued at $655,000 after acquiring an additional 343 shares in the last quarter. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

TTM Technologies Stock Up 3.7%

TTMI stock opened at $196.95 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. TTM Technologies, Inc. has a fifty-two week low of $28.86 and a fifty-two week high of $200.68. The firm’s 50-day simple moving average is $130.91 and its 200 day simple moving average is $100.03. The stock has a market cap of $20.45 billion, a PE ratio of 106.46 and a beta of 2.11.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter last year, the company earned $0.50 EPS. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, sell-side analysts predict that TTM Technologies, Inc. will post 3.31 EPS for the current year.

Insider Buying and Selling at TTM Technologies

In related news, Director Thomas T. Edman sold 16,800 shares of the stock in a transaction dated 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 legal filing with the SEC, which is available at the SEC website. 1.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

TTMI has been the topic of several recent analyst reports. Needham & Company LLC upped their price target on shares of TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Stifel Nicolaus upped their price target on shares of TTM Technologies from $108.00 to $135.00 and gave the company a “buy” rating in a report on Monday, April 20th. B. Riley Financial reaffirmed a “buy” rating on shares of TTM Technologies in a report on Wednesday, May 20th. Zacks Research cut shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.