TTM Technologies, Inc. $TTMI Shares Acquired by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. grew its stake in TTM Technologies, Inc. (NASDAQ:TTMI) by 38.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,687,480 shares of the technology company’s stock after buying an additional 471,957 shares during the quarter. Goldman Sachs Group Inc. owned 1.63% of TTM Technologies worth $116,436,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of TTMI. Optiver Holding B.V. lifted its holdings in shares of TTM Technologies by 66.4% in the 3rd quarter. Optiver Holding B.V. now owns 426 shares of the technology company’s stock valued at $25,000 after buying an additional 170 shares during the period. Bessemer Group Inc. raised its holdings in TTM Technologies by 448.8% in 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 during the period. Rakuten Securities Inc. acquired a new position in TTM Technologies in the 4th quarter worth about $32,000. Wolff Wiese Magana LLC acquired a new position in TTM Technologies in the 4th quarter worth about $34,000. Finally, Danske Bank A S acquired a new position in TTM Technologies in the 4th quarter worth about $34,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

TTM Technologies Price Performance

NASDAQ:TTMI opened at $178.38 on Tuesday. TTM Technologies, Inc. has a 12 month low of $33.62 and a 12 month high of $200.68. The stock has a 50 day moving average of $145.59 and a two-hundred day moving average of $107.23. The company has a current ratio of 1.88, a quick ratio of 1.61 and a debt-to-equity ratio of 0.50. The firm has a market cap of $18.52 billion, a P/E ratio of 96.42 and a beta of 2.10.

TTM Technologies (NASDAQ:TTMI) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.75 EPS 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%.TTM Technologies’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.50 EPS. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, analysts expect that TTM Technologies, Inc. will post 3.7 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TTMI. Needham & Company LLC upped their price target on TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. B. Riley Financial upped their price target on TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Truist Financial upped their price target on TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Stifel Nicolaus upped their price target on TTM Technologies from $175.00 to $205.00 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $209.00.

Insider Activity

In other news, Director Thomas T. Edman sold 16,800 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total value of $1,683,864.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.30% of the stock is owned by company insiders.

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.