Hsbc Holdings PLC Increases Stock Position in TTM Technologies, Inc. $TTMI

Hsbc Holdings PLC grew its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 29.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,209 shares of the technology company’s stock after purchasing an additional 4,173 shares during the quarter. Hsbc Holdings PLC’s holdings in TTM Technologies were worth $1,726,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Kestra Advisory Services LLC acquired a new stake in TTM Technologies during the 4th quarter valued at $30,000. Truvestments Capital LLC purchased a new position in TTM Technologies during the fourth quarter worth $30,000. Rakuten Securities Inc. acquired a new position in shares of TTM Technologies in the fourth quarter worth $32,000. Danske Bank A S acquired a new position in shares of TTM Technologies in the fourth quarter worth $34,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of TTM Technologies by 57.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 597 shares of the technology company’s stock valued at $41,000 after acquiring an additional 219 shares in the last quarter. 95.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on TTMI. Weiss Ratings lowered TTM Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, July 20th. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Stifel Nicolaus raised their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Wall Street Zen downgraded shares of TTM Technologies from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Finally, B. Riley Financial boosted their price objective on shares of TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, TTM Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $212.00.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $131.41 on Monday. The company has a market cap of $13.65 billion, a P/E ratio of 71.03 and a beta of 2.10. The business has a fifty day simple moving average of $173.34 and a 200-day simple moving average of $131.40. TTM Technologies, Inc. has a 52 week low of $39.20 and a 52 week high of $223.83. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50.

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, topping the consensus estimate of $0.66 by $0.09. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm had revenue of $845.98 million for the quarter, compared to the consensus estimate of $789.84 million. During the same period in the prior year, the business posted $0.50 earnings per share. The firm’s revenue for the quarter was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Equities research analysts forecast that TTM Technologies, Inc. will post 3.66 EPS for the current year.

Insider Buying and Selling at TTM Technologies

In related news, EVP Catherine A. Gridley sold 8,966 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $209.80, for a total value of $1,881,066.80. Following the completion of the sale, the executive vice president directly owned 69,679 shares in the company, valued at approximately $14,618,654.20. The trade was a 11.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Shawn A. Powers sold 9,856 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $209.80, for a total transaction of $2,067,788.80. Following the transaction, the executive vice president directly owned 119,268 shares of the company’s stock, valued at $25,022,426.40. This trade represents a 7.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 82,043 shares of company stock worth $17,191,859. 1.30% of the stock is currently owned by 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.