BW Gestao de Investimentos Ltda. Has $8.07 Million Holdings in TTM Technologies, Inc. $TTMI

BW Gestao de Investimentos Ltda. increased its holdings in TTM Technologies, Inc. (NASDAQ:TTMI) by 387.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,921 shares of the technology company’s stock after acquiring an additional 92,921 shares during the period. BW Gestao de Investimentos Ltda.’s holdings in TTM Technologies were worth $8,068,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Black Swift Group LLC acquired a new stake in shares of TTM Technologies in the 4th quarter worth about $1,725,000. Florida Financial Advisors LLC increased its stake in TTM Technologies by 28.6% in the 4th quarter. Florida Financial Advisors LLC now owns 33,029 shares of the technology company’s stock valued at $2,276,000 after buying an additional 7,346 shares during the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in TTM Technologies in the 4th quarter valued at about $76,000. Northwestern Mutual Wealth Management Co. increased its stake in TTM Technologies by 57.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 597 shares of the technology company’s stock valued at $41,000 after buying an additional 219 shares during the last quarter. Finally, Jupiter Asset Management Ltd. increased its stake in TTM Technologies by 9.8% in the 4th quarter. Jupiter Asset Management Ltd. now owns 385,905 shares of the technology company’s stock valued at $26,627,000 after buying an additional 34,428 shares during the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Zacks Research lowered shares of TTM Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Truist Financial increased their price objective on shares of TTM Technologies from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday. Stifel Nicolaus increased their price objective on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Needham & Company LLC increased their price objective on shares of TTM Technologies from $160.00 to $208.00 and gave the company a “buy” rating in a research note on Thursday. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, TTM Technologies has a consensus rating of “Moderate 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 firm’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 value of $1,683,864.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.30% of the company’s stock.

TTM Technologies Stock Down 0.7%

TTM Technologies stock opened at $172.44 on Tuesday. TTM Technologies, Inc. has a twelve month low of $29.48 and a twelve month high of $200.68. The firm has a 50 day moving average price of $137.67 and a 200-day moving average price of $103.22. The company has a market capitalization of $17.91 billion, a P/E ratio of 93.21 and a beta of 2.10. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 0.50.

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