TTM Technologies, Inc. $TTMI Shares Acquired by Principal Financial Group Inc.

Principal Financial Group Inc. boosted its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 15.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 632,243 shares of the technology company’s stock after buying an additional 84,761 shares during the quarter. Principal Financial Group Inc.’s holdings in TTM Technologies were worth $36,417,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. GAMMA Investing LLC boosted its position in shares of TTM Technologies by 8.3% during the 3rd quarter. GAMMA Investing LLC now owns 3,512 shares of the technology company’s stock valued at $202,000 after purchasing an additional 268 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of TTM Technologies by 1.1% during the 1st quarter. Focus Partners Wealth now owns 31,944 shares of the technology company’s stock worth $655,000 after acquiring an additional 343 shares in the last quarter. Yousif Capital Management LLC grew its holdings in shares of TTM Technologies by 1.0% in the 2nd quarter. Yousif Capital Management LLC now owns 38,027 shares of the technology company’s stock worth $1,552,000 after acquiring an additional 374 shares during the last quarter. Arizona State Retirement System lifted its holdings in shares of TTM Technologies by 1.4% during the third quarter. Arizona State Retirement System now owns 30,063 shares of the technology company’s stock valued at $1,732,000 after purchasing an additional 425 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of TTM Technologies by 52.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the technology company’s stock valued at $51,000 after purchasing an additional 430 shares during the period. 95.79% of the stock is currently owned by institutional investors.

Insider Transactions at TTM Technologies

In related news, insider Robert P. Farrell sold 643 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $66.98, for a total transaction of $43,068.14. Following the transaction, the insider owned 19,406 shares of the company’s stock, valued at approximately $1,299,813.88. This trade represents a 3.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Julie Spicer England sold 3,784 shares of TTM Technologies stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $63.34, for a total transaction of $239,678.56. Following the completion of the sale, the director owned 106,541 shares of the company’s stock, valued at $6,748,306.94. This trade represents a 3.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,194 shares of company stock valued at $3,828,510 in the last ninety days. 1.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have commented on the stock. B. Riley upped their price objective on shares of TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Wall Street Zen lowered shares of TTM Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 19th. Stifel Nicolaus set a $108.00 price target on shares of TTM Technologies in a research report on Thursday. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, Truist Financial set a $113.00 target price on shares of TTM Technologies in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, TTM Technologies presently has an average rating of “Buy” and an average target price of $117.25.

TTM Technologies Trading Down 3.8%

NASDAQ TTMI opened at $92.58 on Friday. The company has a current ratio of 1.94, a quick ratio of 1.66 and a debt-to-equity ratio of 0.54. TTM Technologies, Inc. has a 1-year low of $15.77 and a 1-year high of $111.00. The firm’s fifty day simple moving average is $80.83 and its 200-day simple moving average is $63.18. The company has a market capitalization of $9.57 billion, a PE ratio of 54.78 and a beta of 1.75.

TTM Technologies (NASDAQ:TTMI) last issued its earnings results on Wednesday, February 4th. The technology company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. TTM Technologies had a return on equity of 13.54% and a net margin of 6.11%.The firm had revenue of $763.53 million for the quarter, compared to the consensus estimate of $752.96 million. During the same quarter in the previous year, the company posted $0.60 earnings per share. The business’s quarterly revenue was up 19.0% compared to the same quarter last year. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. As a group, sell-side analysts anticipate that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

TTM Technologies Company 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.