Kestra Private Wealth Services LLC Takes Position in TTM Technologies, Inc. $TTMI

Key Points

• Kestra Private Wealth initiated a new position in TTM Technologies (TTMI) in Q4, buying 10,013 shares valued at about $691,000, while other institutions (notably FengHe Fund Management at ~$54M) have also built large stakes, leaving institutional ownership at about 95.79%.
• Analysts are broadly bullish with five Buy ratings and one Hold, a consensus rating of "Moderate Buy" and a consensus target price of $149.50, with recent price-target upgrades including Needham to $160 and Stifel to $135.
• TTM beat Q1 estimates with $0.75 EPS (vs. $0.66) and revenue of $845.98M (up 30.4% YoY), guiding Q2 EPS to $0.82–0.88, though insiders have sold about 88,350 shares (~$8.8M) over the past three months (insiders own 1.30%).

Kestra Private Wealth Services LLC acquired a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,013 shares of the technology company's stock, valued at approximately $691,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Decker Retirement Planning Inc. acquired a new stake in shares of TTM Technologies during the 3rd quarter worth approximately $2,963,000. Horizon Investment Services LLC increased its holdings in shares of TTM Technologies by 255.7% during the 3rd quarter. Horizon Investment Services LLC now owns 27,570 shares of the technology company's stock worth $1,588,000 after buying an additional 19,820 shares during the last quarter. FengHe Fund Management Pte. Ltd. purchased a new position in shares of TTM Technologies during the 3rd quarter worth approximately $54,148,000. Oak Ridge Investments LLC purchased a new position in shares of TTM Technologies during the 3rd quarter worth approximately $1,812,000. Finally, Navellier & Associates Inc. purchased a new position in shares of TTM Technologies during the 3rd quarter worth approximately $3,271,000. 95.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on TTMI. Zacks Research cut shares of TTM Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 6th. Weiss Ratings raised shares of TTM Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, February 18th. B. Riley Financial reaffirmed a "buy" rating on shares of TTM Technologies in a research report on Friday, April 24th. Needham & Company LLC increased their price objective on shares of TTM Technologies from $125.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Finally, Stifel Nicolaus increased their price objective on shares of TTM Technologies from $108.00 to $135.00 and gave the stock a "buy" rating in a research report on Monday, April 20th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $149.50.

Insider Transactions at TTM Technologies

In other news, EVP Daniel J. Weber sold 12,000 shares of TTM Technologies stock in a transaction on Friday, February 13th. The shares were sold at an average price of $93.88, for a total transaction of $1,126,560.00. Following the completion of the sale, the executive vice president directly owned 94,621 shares of the company's stock, valued at approximately $8,883,019.48. The trade was a 11.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas T. Edman sold 16,800 shares of TTM Technologies stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $100.23, for a total transaction of $1,683,864.00. The SEC filing for this sale provides additional information. In the last three months, insiders sold 88,350 shares of company stock valued at $8,797,770. Insiders own 1.30% of the company's stock.

TTM Technologies Stock Performance

Shares of TTMI stock opened at $157.47 on Tuesday. 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, Inc. has a 52 week low of $24.31 and a 52 week high of $180.00. The stock has a market capitalization of $16.35 billion, a PE ratio of 85.12 and a beta of 2.11. The firm has a 50 day moving average of $109.11 and a two-hundred day moving average of $87.83.

TTM Technologies (NASDAQ:TTMI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.66 by $0.09. TTM Technologies had a net margin of 6.29% and a return on equity of 13.70%. The company had revenue of $845.98 million during the quarter, compared to analysts' expectations of $789.84 million. During the same quarter last year, the company posted $0.50 EPS. The firm's revenue was up 30.4% compared to the same quarter last year. TTM Technologies has set its Q2 2026 guidance at 0.820-0.880 EPS. On average, research analysts predict that TTM Technologies, Inc. will post 2.94 EPS for the current fiscal year.

About TTM Technologies

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.

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