Royce & Associates LP Has $7.62 Million Position in TTM Technologies, Inc. $TTMI

Royce & Associates LP lessened its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 61.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 132,201 shares of the technology company’s stock after selling 208,991 shares during the quarter. Royce & Associates LP owned 0.13% of TTM Technologies worth $7,615,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TTMI. Decker Retirement Planning Inc. bought a new stake in TTM Technologies during the 3rd quarter worth approximately $2,963,000. Horizon Investment Services LLC raised its position in TTM Technologies by 255.7% in the 3rd quarter. Horizon Investment Services LLC now owns 27,570 shares of the technology company’s stock valued at $1,588,000 after purchasing an additional 19,820 shares during the last quarter. FengHe Fund Management Pte. Ltd. acquired a new position in TTM Technologies in the third quarter worth $54,148,000. JPMorgan Chase & Co. grew its holdings in shares of TTM Technologies by 9.7% during the second quarter. JPMorgan Chase & Co. now owns 652,034 shares of the technology company’s stock worth $26,616,000 after purchasing an additional 57,606 shares during the last quarter. Finally, Oak Ridge Investments LLC bought a new stake in shares of TTM Technologies during the third quarter worth $1,812,000. 95.79% of the stock is owned by institutional investors.

TTM Technologies Stock Performance

TTM Technologies stock opened at $104.05 on Wednesday. The company has a market cap of $10.76 billion, a PE ratio of 61.57 and a beta of 1.74. 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 1 year low of $15.77 and a 1 year high of $113.46. The company’s 50-day moving average is $91.22 and its two-hundred day moving average is $70.40.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings results 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. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The business had revenue of $763.53 million during the quarter, compared to the consensus estimate of $752.96 million. During the same period in the previous year, the firm posted $0.60 earnings per share. TTM Technologies’s revenue for the quarter 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. Equities analysts anticipate that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on TTMI shares. Stifel Nicolaus set a $108.00 price target on TTM Technologies in a report on Thursday, February 5th. Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. B. Riley Financial increased their price target 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. Finally, Needham & Company LLC raised their price target on shares of TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $117.25.

Insider Activity

In related news, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $101.62, for a total value of $1,707,216.00. Following the completion of the sale, the director owned 855,171 shares in the company, valued at approximately $86,902,477.02. This represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Daniel J. Weber sold 12,000 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $93.88, for a total value of $1,126,560.00. Following the completion of the transaction, the executive vice president directly owned 94,621 shares in the company, valued at $8,883,019.48. The trade was a 11.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 105,150 shares of company stock valued at $9,900,522 in the last 90 days. 1.30% of the stock is owned by company insiders.

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.