Polar Capital Holdings Plc Has $179.22 Million Position in TTM Technologies, Inc. $TTMI

Polar Capital Holdings Plc cut its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 15.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,597,412 shares of the technology company’s stock after selling 464,671 shares during the period. Polar Capital Holdings Plc’s holdings in TTM Technologies were worth $179,221,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Lido Advisors LLC grew its stake in shares of TTM Technologies by 1.5% in the fourth quarter. Lido Advisors LLC now owns 8,013 shares of the technology company’s stock valued at $553,000 after acquiring an additional 116 shares in the last quarter. Tocqueville Asset Management L.P. grew its stake in shares of TTM Technologies by 0.8% in the fourth quarter. Tocqueville Asset Management L.P. now owns 18,858 shares of the technology company’s stock valued at $1,301,000 after acquiring an additional 158 shares in the last quarter. Larson Financial Group LLC grew its stake in shares of 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. grew its stake in shares of 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. Finally, Choreo LLC grew its stake in shares of 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. 95.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on TTMI shares. Truist Financial upped their price target on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research report on Monday, May 18th. Needham & Company LLC reissued a “buy” rating and set a $208.00 target price on shares of TTM Technologies in a report on Thursday, June 11th. B. Riley Financial raised their price target on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, Stifel Nicolaus boosted their price target on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $209.00.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $199.58 on Wednesday. The firm has a 50 day moving average of $156.80 and a 200-day moving average of $112.52. The stock has a market capitalization of $20.73 billion, a PE ratio of 107.88 and a beta of 2.09. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. TTM Technologies, Inc. has a 12 month low of $35.52 and a 12 month high of $209.37.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.66 by $0.09. The company had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The business’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 company earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, equities research analysts predict that TTM Technologies, Inc. will post 3.7 EPS for the current fiscal year.

Insider Activity at TTM Technologies

In other 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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.