Geode Capital Management LLC Has $184.12 Million Stock Holdings in TTM Technologies, Inc. $TTMI

Geode Capital Management LLC grew its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 3.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,667,956 shares of the technology company’s stock after purchasing an additional 81,588 shares during the quarter. Geode Capital Management LLC’s holdings in TTM Technologies were worth $184,119,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in TTMI. Optiver Holding B.V. increased its holdings in TTM Technologies by 66.4% during the 3rd 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. increased its holdings in TTM Technologies by 448.8% during the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock worth $27,000 after purchasing an additional 377 shares in the last quarter. Rakuten Securities Inc. bought a new position in TTM Technologies during the 4th quarter worth about $32,000. Wolff Wiese Magana LLC bought a new position in TTM Technologies during the 4th quarter worth about $34,000. Finally, Danske Bank A S bought a new position in TTM Technologies during the 4th quarter worth about $34,000. Institutional investors own 95.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TTMI shares. Stifel Nicolaus increased their target price on TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Zacks Research upgraded TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Truist Financial increased their target price on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC increased their target price on TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, B. Riley Financial increased their target price on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $209.00.

TTM Technologies Price Performance

Shares of NASDAQ TTMI opened at $189.60 on Thursday. The stock has a market capitalization of $19.69 billion, a price-to-earnings ratio of 102.49 and a beta of 2.09. The business has a 50-day moving average of $141.19 and a 200-day moving average of $104.87. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.88 and a quick ratio of 1.61. TTM Technologies, Inc. has a fifty-two week low of $31.83 and a fifty-two week high of $200.68.

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, beating the consensus estimate of $0.66 by $0.09. The company had revenue of $845.98 million during the quarter, compared to analysts’ expectations of $789.84 million. TTM Technologies had a return on equity of 13.70% and a net margin of 6.29%.TTM Technologies’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. As a group, sell-side analysts predict that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Insider Buying and Selling at TTM Technologies

In other news, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total value of $1,683,864.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is owned by insiders.

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.