Savant Capital LLC Decreases Holdings in TTM Technologies, Inc. $TTMI

Savant Capital LLC lessened its stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 73.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,947 shares of the technology company’s stock after selling 7,996 shares during the period. Savant Capital LLC’s holdings in TTM Technologies were worth $203,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in TTM Technologies by 0.5% during the third quarter. Vanguard Group Inc. now owns 13,156,053 shares of the technology company’s stock worth $757,789,000 after buying an additional 60,002 shares during the last quarter. Invesco Ltd. increased its holdings in TTM Technologies by 127.7% during the third quarter. Invesco Ltd. now owns 4,813,903 shares of the technology company’s stock worth $277,281,000 after buying an additional 2,699,494 shares during the last quarter. Polar Capital Holdings Plc purchased a new stake in TTM Technologies during the third quarter worth about $176,376,000. Geode Capital Management LLC increased its stake in shares of TTM Technologies by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 2,667,956 shares of the technology company’s stock worth $184,119,000 after purchasing an additional 81,588 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of TTM Technologies by 575.7% in the third 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 in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TTMI. Needham & Company LLC lifted their target price on shares of TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. B. Riley Financial lifted their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Truist Financial lifted their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Stifel Nicolaus lifted their target price 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. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. One equities 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, the company presently has an average rating of “Buy” and a consensus price target of $209.00.

Insider Buying and Selling

In related news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction that occurred 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.30% of the company’s stock.

TTM Technologies Price Performance

Shares of NASDAQ:TTMI opened at $178.38 on Tuesday. The company has a 50 day moving average of $145.59 and a 200 day moving average of $107.23. The stock has a market cap of $18.52 billion, a P/E ratio of 96.42 and a beta of 2.10. TTM Technologies, Inc. has a 12 month low of $33.62 and a 12 month high of $200.68. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.66 by $0.09. The company had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. TTM Technologies’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, sell-side analysts forecast that TTM Technologies, Inc. will post 3.7 EPS 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.