Public Sector Pension Investment Board Grows Stock Holdings in TTM Technologies, Inc. $TTMI

Public Sector Pension Investment Board grew its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 16.3% during the third quarter, according to its most recent 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 owned 0.39% of TTM Technologies worth $23,210,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of TTMI. Geode Capital Management LLC boosted its stake in TTM Technologies by 0.3% in the second quarter. Geode Capital Management LLC now owns 2,557,256 shares of the technology company’s stock valued at $104,399,000 after acquiring an additional 7,814 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of TTM Technologies by 55.7% during the 2nd quarter. Invesco Ltd. now owns 2,114,409 shares of the technology company’s stock valued at $86,310,000 after purchasing an additional 756,702 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of TTM Technologies by 7.3% in the 1st 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 in the last quarter. Bank of America Corp DE grew its stake in TTM Technologies by 8.4% during the 2nd quarter. Bank of America Corp DE now owns 1,197,109 shares of the technology company’s stock worth $48,866,000 after buying an additional 92,366 shares during the last quarter. Finally, Loomis Sayles & Co. L P increased its position in TTM Technologies by 3.1% during the 2nd quarter. Loomis Sayles & Co. L P now owns 1,141,308 shares of the technology company’s stock valued at $46,588,000 after buying an additional 34,520 shares in the last quarter. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Stock Performance

Shares of NASDAQ TTMI opened at $91.80 on Friday. The company has a 50 day simple moving average of $83.79 and a two-hundred day simple moving average of $65.21. The stock has a market cap of $9.49 billion, a price-to-earnings ratio of 54.32 and a beta of 1.75. The company has a current ratio of 1.93, a quick ratio of 1.67 and a debt-to-equity ratio of 0.52. TTM Technologies, Inc. has a 12 month low of $15.77 and a 12 month high of $111.00.

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

Insider Buying and Selling

In other TTM Technologies news, insider Anthony Joseph Sandeen sold 2,000 shares of TTM Technologies stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $67.30, for a total transaction of $134,600.00. Following the completion of the transaction, the insider owned 41,442 shares in the company, valued at approximately $2,789,046.60. This trade represents a 4.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $96.12, for a total value of $1,614,816.00. Following the sale, the director directly owned 783,406 shares in the company, valued at approximately $75,300,984.72. This trade represents a 2.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 40,027 shares of company stock worth $3,203,963. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Weiss Ratings downgraded TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, February 4th. Truist Financial set a $113.00 target price on shares of TTM Technologies in a research note on Wednesday, January 14th. Zacks Research raised 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 report on Thursday, February 5th. Finally, Needham & Company LLC lifted their price objective on shares of TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, TTM Technologies has an average rating of “Buy” and a consensus target price of $117.25.

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.