Healthcare of Ontario Pension Plan Trust Fund Has $19.27 Million Stock Position in TTM Technologies, Inc. $TTMI

Healthcare of Ontario Pension Plan Trust Fund lifted its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 97.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 197,799 shares of the technology company’s stock after buying an additional 97,799 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in TTM Technologies were worth $19,270,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Mitsubishi UFJ Trust & Banking Corp purchased a new position in TTM Technologies during the 4th quarter worth approximately $668,000. Geode Capital Management LLC boosted its position 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 buying an additional 81,588 shares during the period. Royce & Associates LP boosted its position in shares of TTM Technologies by 103.5% in the fourth quarter. Royce & Associates LP now owns 269,046 shares of the technology company’s stock worth $18,564,000 after buying an additional 136,845 shares during the period. Wealth High Governance Capital Ltda boosted its position in shares of TTM Technologies by 408.6% in the fourth quarter. Wealth High Governance Capital Ltda now owns 183,079 shares of the technology company’s stock worth $12,632,000 after buying an additional 147,079 shares during the period. Finally, Robeco Institutional Asset Management B.V. purchased a new position in shares of TTM Technologies during the fourth quarter valued at $2,767,000. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Insider Activity at TTM Technologies

In related news, insider Robert P. Farrell sold 1,304 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.92, for a total value of $272,431.68. Following the transaction, the insider owned 16,995 shares in the company, valued at approximately $3,550,595.40. This represents a 7.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Catherine A. Gridley sold 3,056 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $208.94, for a total transaction of $638,520.64. Following the transaction, the executive vice president directly owned 71,866 shares in the company, valued at approximately $15,015,682.04. The trade was a 4.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 82,043 shares of company stock worth $17,191,859. 1.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TTMI shares. Wall Street Zen downgraded TTM Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Stifel Nicolaus lifted their target price on TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. B. Riley Financial upped their target price on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Needham & Company LLC raised their price target on shares of TTM Technologies from $208.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $212.00.

TTM Technologies Trading Down 5.9%

NASDAQ TTMI opened at $123.71 on Tuesday. 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, Inc. has a 1-year low of $39.20 and a 1-year high of $223.83. The firm’s fifty day simple moving average is $172.63 and its 200-day simple moving average is $131.78. The company has a market capitalization of $12.85 billion, a PE ratio of 66.87 and a beta of 2.10.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $789.84 million. During the same quarter last year, the firm earned $0.50 earnings per share. The business’s revenue for the quarter was up 30.4% on a year-over-year basis. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, sell-side analysts anticipate that TTM Technologies, Inc. will post 3.66 earnings per share for the current fiscal year.

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.