Knights of Columbus Asset Advisors LLC Makes New $1.43 Million Investment in TTM Technologies, Inc. $TTMI

Knights of Columbus Asset Advisors LLC purchased a new position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 20,762 shares of the technology company’s stock, valued at approximately $1,433,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Optiver Holding B.V. boosted its holdings in TTM Technologies by 66.4% in the third quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock worth $25,000 after purchasing an additional 170 shares in the last quarter. Bessemer Group Inc. raised its holdings in TTM Technologies by 448.8% during the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after buying an additional 377 shares in the last quarter. Rakuten Securities Inc. bought a new position in TTM Technologies during the fourth quarter valued at about $32,000. Wolff Wiese Magana LLC acquired a new stake in shares of TTM Technologies in the fourth quarter worth about $34,000. Finally, Danske Bank A S acquired a new stake in shares of TTM Technologies in the fourth quarter worth about $34,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Insider Transactions at TTM Technologies

In related news, Director Thomas T. Edman sold 16,800 shares of the business’s stock in a transaction 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 document filed with the SEC, which is available at the SEC website. Company insiders own 1.30% of the company’s stock.

TTM Technologies Price Performance

NASDAQ TTMI opened at $187.79 on Friday. The stock has a 50-day simple moving average of $134.59 and a 200 day simple moving average of $101.75. TTM Technologies, Inc. has a twelve month low of $29.26 and a twelve month high of $200.68. The stock has a market capitalization of $19.50 billion, a PE ratio of 101.51 and a beta of 2.11. 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 (NASDAQ:TTMI) last released its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $789.84 million. During the same quarter last year, the firm posted $0.50 EPS. The company’s revenue was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. Research analysts anticipate that TTM Technologies, Inc. will post 3.31 EPS for the current year.

Wall Street Analysts Forecast Growth

TTMI has been the topic of a number of analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of TTM Technologies in a report on Monday, May 18th. Zacks Research cut TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. B. Riley Financial increased their price target on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday. Stifel Nicolaus lifted their price target on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Truist Financial boosted their price objective on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $209.00.

About TTM Technologies

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.