Orion Porfolio Solutions LLC Acquires New Position in TTM Technologies, Inc. $TTMI

Orion Porfolio Solutions LLC bought a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 43,039 shares of the technology company’s stock, valued at approximately $2,479,000.

Other large investors have also modified their holdings of the company. Westfield Capital Management Co. LP purchased a new stake in TTM Technologies during the third quarter worth about $57,271,000. FengHe Fund Management Pte. Ltd. purchased a new position in TTM Technologies in the third quarter valued at about $54,148,000. SG Capital Management LLC acquired a new stake in shares of TTM Technologies during the 3rd quarter valued at approximately $53,803,000. Invesco Ltd. lifted its position 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 acquiring an additional 756,702 shares during the period. Finally, Neumeier Poma Investment Counsel LLC purchased a new stake in shares of TTM Technologies during the 2nd quarter worth approximately $25,824,000. 95.79% of the stock is owned by hedge funds and other institutional investors.

TTM Technologies Stock Down 0.4%

TTMI stock opened at $96.43 on Wednesday. The company has a 50 day moving average price of $93.76 and a two-hundred day moving average price of $72.36. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.67 and a current ratio of 1.93. The stock has a market capitalization of $9.97 billion, a P/E ratio of 57.06 and a beta of 1.74. TTM Technologies, Inc. has a one year low of $15.77 and a one year high of $113.46.

TTM Technologies (NASDAQ:TTMI) last issued 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 return on equity of 13.30% and a net margin of 6.11%.The company had revenue of $763.53 million for the quarter, compared to analyst estimates of $752.96 million. During the same quarter in the prior year, the company posted $0.60 EPS. The business’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. As a group, sell-side analysts expect that TTM Technologies, Inc. will post 1.76 EPS for the current year.

Insider Activity at TTM Technologies

In other TTM Technologies news, EVP Catherine A. Gridley sold 20,000 shares of TTM Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $105.94, for a total value of $2,118,800.00. Following the completion of the sale, the executive vice president owned 78,645 shares in the company, valued at $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 is available through this link. Also, EVP Daniel J. Weber sold 12,000 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $93.88, for a total transaction of $1,126,560.00. Following the transaction, the executive vice president directly owned 94,621 shares of the company’s stock, valued at approximately $8,883,019.48. This represents a 11.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 105,150 shares of company stock worth $9,900,522. 1.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

TTMI has been the topic of a number of research reports. Needham & Company LLC upped their price target on TTM Technologies from $105.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. B. Riley Financial boosted their target price on TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Stifel Nicolaus set a $108.00 target price on TTM Technologies in a report on Thursday, February 5th. Truist Financial set a $113.00 price target on TTM Technologies in a research note on Wednesday, January 14th. Finally, Zacks Research upgraded shares of TTM Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target 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.