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

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

A number of other hedge funds also recently made changes to their positions in TTMI. Polar Capital Holdings Plc bought a new stake in shares of TTM Technologies during the 3rd quarter worth $176,376,000. Invesco Ltd. raised its stake in shares of TTM Technologies by 127.7% during the 3rd 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 during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of 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 purchasing an additional 1,560,394 shares during the period. Westfield Capital Management Co. LP bought a new stake in shares of TTM Technologies during the 3rd quarter worth $57,271,000. Finally, SG Capital Management LLC bought a new stake in shares of TTM Technologies during the 3rd quarter worth $53,803,000. 95.79% of the stock is currently owned by institutional investors.

TTM Technologies Trading Down 2.6%

Shares of TTMI opened at $167.35 on Friday. The business has a 50-day moving average of $119.22 and a 200 day moving average of $94.27. TTM Technologies, Inc. has a fifty-two week low of $28.12 and a fifty-two week high of $180.00. The firm has a market cap of $17.38 billion, a P/E ratio of 90.46 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 announced its quarterly earnings data 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 during the quarter, compared to analyst estimates 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 quarter last year, the firm posted $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, research analysts forecast that TTM Technologies, Inc. will post 3.17 EPS for the current year.

Analyst Ratings Changes

TTMI has been the topic of a number of recent analyst reports. Stifel Nicolaus lifted their target price on TTM Technologies from $108.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. B. Riley Financial reissued a “buy” rating on shares of TTM Technologies in a report on Friday, April 24th. Truist Financial lifted their price objective on TTM Technologies from $115.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Needham & Company LLC lifted their price objective on TTM Technologies from $125.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Zacks Research lowered TTM Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $149.50.

Insider Transactions at TTM Technologies

In other TTM Technologies news, EVP Catherine A. Gridley sold 20,000 shares of TTM Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $105.94, for a total transaction of $2,118,800.00. Following the completion of the transaction, the executive vice president owned 78,645 shares of the company’s stock, valued at $8,331,651.30. The trade was a 20.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $100.23, for a total value of $1,683,864.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 53,600 shares of company stock valued at $5,509,880 in the last ninety days. Insiders own 1.30% of the company’s stock.

TTM Technologies Company 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.