Swiss Life Asset Management Ltd Acquires 3,685 Shares of TTM Technologies, Inc. $TTMI

Swiss Life Asset Management Ltd grew its holdings in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 79.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,332 shares of the technology company’s stock after acquiring an additional 3,685 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in TTM Technologies were worth $575,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of TTMI. Polar Capital Holdings Plc bought a new stake in TTM Technologies in the 3rd quarter worth approximately $176,376,000. Invesco Ltd. lifted 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 buying an additional 2,699,494 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted 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 buying an additional 1,560,394 shares during the last quarter. Westfield Capital Management Co. LP bought a new stake in TTM Technologies in the 3rd quarter worth approximately $57,271,000. Finally, SG Capital Management LLC bought a new stake in TTM Technologies in the 3rd quarter worth approximately $53,803,000. Institutional investors own 95.79% of the company’s stock.

TTM Technologies Price Performance

TTMI opened at $167.35 on Friday. 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 52-week low of $28.12 and a 52-week high of $180.00. The stock has a market capitalization of $17.38 billion, a PE ratio of 90.46 and a beta of 2.11. The stock’s 50 day moving average price is $119.22 and its 200-day moving average price is $94.27.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly 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. The company had revenue of $845.98 million for the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.The firm’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.50 earnings per share. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, equities research analysts predict that TTM Technologies, Inc. will post 3.17 EPS for the current year.

Insider Buying and Selling at TTM Technologies

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Catherine A. Gridley sold 20,000 shares of the business’s stock in a transaction on 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 directly owned 78,645 shares in the company, valued at $8,331,651.30. This trade represents a 20.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 53,600 shares of company stock worth $5,509,880 over the last three months. Corporate insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on TTMI shares. Truist Financial boosted their target price on TTM Technologies from $115.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Stifel Nicolaus boosted their target price on TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. Needham & Company LLC boosted their price objective on TTM Technologies from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings upgraded TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Finally, Zacks Research downgraded TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $149.50.

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.