Wealth High Governance Capital Ltda Makes New $2.07 Million Investment in TTM Technologies, Inc. $TTMI

Wealth High Governance Capital Ltda bought a new stake in TTM Technologies, Inc. (NASDAQ:TTMI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 36,000 shares of the technology company’s stock, valued at approximately $2,074,000.

A number of other institutional investors have also made changes to their positions in TTMI. Arrowstreet Capital Limited Partnership grew its holdings in TTM Technologies by 575.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,831,425 shares of the technology company’s stock worth $105,490,000 after acquiring an additional 1,560,394 shares during the last quarter. Invesco Ltd. lifted its position in shares of 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 purchasing an additional 2,699,494 shares in the last quarter. Employees Retirement System of Texas bought a new stake in shares of TTM Technologies during the third quarter valued at approximately $56,000. Sei Investments Co. increased its holdings in shares of TTM Technologies by 3.2% in the third quarter. Sei Investments Co. now owns 168,146 shares of the technology company’s stock valued at $9,685,000 after purchasing an additional 5,174 shares in the last quarter. Finally, Capital Fund Management S.A. bought a new position in TTM Technologies in the 3rd quarter worth approximately $1,483,000. 95.79% of the stock is owned by institutional investors.

TTM Technologies Stock Down 0.1%

Shares of TTMI stock traded down $0.11 during trading on Friday, reaching $90.43. The company’s stock had a trading volume of 192,261 shares, compared to its average volume of 2,724,268. TTM Technologies, Inc. has a one year low of $15.77 and a one year high of $113.46. The business has a fifty day moving average price of $94.72 and a 200-day moving average price of $72.64. The company has a market cap of $9.35 billion, a price-to-earnings ratio of 53.69 and a beta of 1.74. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52.

TTM Technologies (NASDAQ:TTMI) last released its earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. TTM Technologies had a net margin of 6.11% and a return on equity of 13.30%. The business had revenue of $763.53 million during the quarter, compared to the consensus estimate of $752.96 million. During the same quarter last year, the firm earned $0.60 earnings per share. The firm’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. Analysts anticipate that TTM Technologies, Inc. will post 1.76 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on TTMI shares. Truist Financial set a $113.00 target price on shares of TTM Technologies in a research report on Wednesday, January 14th. Stifel Nicolaus set a $108.00 target price on TTM Technologies in a research note on Thursday, February 5th. Needham & Company LLC upped their price target on shares of TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, February 5th. B. Riley Financial raised their price objective on shares of TTM Technologies from $81.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. 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. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to data from MarketBeat.com, TTM Technologies presently has a consensus rating of “Buy” and an average price target of $117.25.

Insider Activity

In other TTM Technologies news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $101.62, for a total transaction of $1,707,216.00. Following the transaction, the director owned 855,171 shares of the company’s stock, valued at $86,902,477.02. The trade was a 1.93% decrease in their position. The transaction was disclosed in a document filed 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 that occurred on Friday, February 13th. The stock was sold at an average price of $93.88, for a total value of $1,126,560.00. Following the sale, the executive vice president owned 94,621 shares in the company, valued at approximately $8,883,019.48. This represents a 11.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 105,150 shares of company stock worth $9,900,522 in the last quarter. Corporate insiders own 1.30% of the company’s stock.

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.