PNC Financial Services Group Inc. Has $538,000 Position in TTM Technologies, Inc. $TTMI

PNC Financial Services Group Inc. lowered its position in TTM Technologies, Inc. (NASDAQ:TTMI) by 38.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,801 shares of the technology company’s stock after selling 4,976 shares during the quarter. PNC Financial Services Group Inc.’s holdings in TTM Technologies were worth $538,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Optiver Holding B.V. lifted its stake in TTM Technologies by 66.4% in the third 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 last quarter. Bessemer Group Inc. lifted its stake in TTM Technologies by 448.8% in the third quarter. Bessemer Group Inc. now owns 461 shares of the technology company’s stock valued at $27,000 after acquiring an additional 377 shares during the last quarter. Rakuten Securities Inc. acquired a new stake in TTM Technologies in the fourth quarter valued at $32,000. Wolff Wiese Magana LLC acquired a new stake in TTM Technologies in the fourth quarter valued at $34,000. Finally, Danske Bank A S acquired a new stake in TTM Technologies in the fourth quarter valued at $34,000. Institutional investors and hedge funds own 95.79% of the company’s stock.

Insiders Place Their Bets

In other TTM Technologies news, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.30% of the stock is owned by company insiders.

TTM Technologies Stock Performance

NASDAQ TTMI opened at $173.72 on Monday. The firm has a 50-day moving average of $136.16 and a 200-day moving average of $102.48. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.61 and a current ratio of 1.88. The stock has a market cap of $18.04 billion, a PE ratio of 93.90 and a beta of 2.10. TTM Technologies, Inc. has a 52-week low of $29.26 and a 52-week high of $200.68.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Wednesday, April 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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. TTM Technologies’s quarterly 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, sell-side analysts anticipate that TTM Technologies, Inc. will post 3.7 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on TTMI. Stifel Nicolaus raised their target price on shares of TTM Technologies from $175.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday. B. Riley Financial raised their target price on shares of TTM Technologies from $182.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday. Weiss Ratings restated a “buy (b-)” rating on shares of TTM Technologies in a research note on Monday, May 18th. Truist Financial raised their target price on shares of TTM Technologies from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Needham & Company LLC raised their target price on shares of TTM Technologies from $160.00 to $208.00 and gave the stock a “buy” rating in a research note on Thursday. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $209.00.

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.