Keybank National Association OH Purchases New Position in TTM Technologies, Inc. $TTMI

Keybank National Association OH purchased a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,428 shares of the technology company’s stock, valued at approximately $375,000.

A number of other large investors have also added to or reduced their stakes in TTMI. Polar Capital Holdings Plc bought a new stake in TTM Technologies in the 3rd quarter worth approximately $176,376,000. Invesco Ltd. grew its position in TTM Technologies by 127.7% in the 3rd quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after purchasing an additional 2,699,494 shares during the period. Arrowstreet Capital Limited Partnership grew its position in TTM Technologies by 575.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock worth $105,490,000 after purchasing an additional 1,560,394 shares during the period. Westfield Capital Management Co. LP bought a new stake in TTM Technologies in the 3rd quarter worth approximately $57,271,000. Finally, FengHe Fund Management Pte. Ltd. bought a new stake in TTM Technologies in the 3rd quarter worth approximately $54,148,000. Institutional investors own 95.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TTMI. Zacks Research downgraded shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Stifel Nicolaus lifted their target price on shares of TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. Truist Financial lifted their target price on shares of TTM Technologies from $115.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. B. Riley Financial reaffirmed a “buy” rating on shares of TTM Technologies in a research report on Friday, April 24th. Finally, Weiss Ratings raised shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, TTM Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $149.50.

Insider Activity at TTM Technologies

In related news, EVP Catherine A. Gridley sold 20,000 shares of TTM Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the transaction, the executive vice president owned 78,645 shares in the company, valued at approximately $8,331,651.30. The trade was a 20.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total transaction of $1,683,864.00. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 88,350 shares of company stock worth $8,797,770. 1.30% of the stock is owned by corporate insiders.

TTM Technologies Stock Up 1.3%

TTMI opened at $159.58 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. TTM Technologies, Inc. has a fifty-two week low of $24.31 and a fifty-two week high of $180.00. The firm’s fifty day moving average is $110.15 and its 200 day moving average is $88.55. The stock has a market cap of $16.57 billion, a price-to-earnings ratio of 86.26 and a beta of 2.11.

TTM Technologies (NASDAQ:TTMI) last released its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share for the quarter, beating 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 company had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter in the previous year, the company earned $0.50 EPS. TTM Technologies’s revenue for the quarter was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, sell-side analysts forecast that TTM Technologies, Inc. will post 2.94 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.