Dimensional Fund Advisors LP Decreases Stock Position in TTM Technologies, Inc. $TTMI

Dimensional Fund Advisors LP lessened its position in shares of TTM Technologies, Inc. (NASDAQ:TTMI) by 9.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,799,488 shares of the technology company’s stock after selling 619,731 shares during the period. Dimensional Fund Advisors LP owned 5.61% of TTM Technologies worth $334,055,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Optiver Holding B.V. raised its stake in 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 acquiring an additional 170 shares during the period. Choreo LLC increased its stake in shares of TTM Technologies by 1.4% in the third quarter. Choreo LLC now owns 14,196 shares of the technology company’s stock worth $818,000 after purchasing an additional 191 shares in the last quarter. GAMMA Investing LLC raised its position in shares of TTM Technologies by 8.3% in the third quarter. GAMMA Investing LLC now owns 3,512 shares of the technology company’s stock valued at $202,000 after purchasing an additional 268 shares during the period. Focus Partners Wealth lifted its stake in shares of TTM Technologies by 1.1% during the 1st quarter. Focus Partners Wealth now owns 31,944 shares of the technology company’s stock valued at $655,000 after buying an additional 343 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of TTM Technologies by 448.8% during the 3rd quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after buying an additional 377 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on TTMI. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Zacks Research raised TTM Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Needham & Company LLC boosted their price objective on TTM Technologies from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Truist Financial set a $113.00 price objective on TTM Technologies in a report on Wednesday, January 14th. Finally, B. Riley Financial lifted their target price on TTM Technologies from $81.00 to $123.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, TTM Technologies presently has an average rating of “Buy” and a consensus target price of $117.25.

TTM Technologies Price Performance

TTM Technologies stock opened at $98.95 on Friday. The stock has a market cap of $10.23 billion, a price-to-earnings ratio of 58.55 and a beta of 1.74. The company has a quick ratio of 1.67, a current ratio of 1.93 and a debt-to-equity ratio of 0.52. The business has a 50-day simple moving average of $92.40 and a 200 day simple moving average of $70.84. TTM Technologies, Inc. has a 52 week low of $15.77 and a 52 week high of $113.46.

TTM Technologies (NASDAQ:TTMI) last issued its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The firm had revenue of $763.53 million during the quarter, compared to the consensus estimate of $752.96 million. TTM Technologies had a return on equity of 13.30% and a net margin of 6.11%.The company’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter last year, the company posted $0.60 EPS. TTM Technologies has set its Q1 2026 guidance at 0.640-0.700 EPS. On average, research analysts forecast that TTM Technologies, Inc. will post 1.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Catherine A. Gridley sold 20,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $105.94, for a total value of $2,118,800.00. Following the completion of the transaction, the executive vice president directly owned 78,645 shares in the company, valued at approximately $8,331,651.30. The trade was a 20.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas T. Edman sold 16,800 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $101.62, for a total value of $1,707,216.00. Following the sale, the director owned 855,171 shares in the company, valued at $86,902,477.02. The trade was a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 105,150 shares of company stock valued at $9,900,522 in the last quarter. Corporate insiders own 1.30% of the company’s stock.

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.