Global Retirement Partners LLC Invests $1.31 Million in TTM Technologies, Inc. $TTMI

Global Retirement Partners LLC acquired a new stake in shares of TTM Technologies, Inc. (NASDAQ:TTMI) in the second quarter, HoldingsChannel reports. The institutional investor acquired 6,995 shares of the technology company’s stock, valued at approximately $1,308,000.

A number of other institutional investors and hedge funds have also bought and sold shares of TTMI. Harbor Investment Advisory LLC bought a new stake in TTM Technologies during the 2nd quarter valued at approximately $29,000. Kestra Advisory Services LLC purchased a new position in shares of TTM Technologies in the 4th quarter worth $30,000. Truvestments Capital LLC purchased a new stake in TTM Technologies during the fourth quarter valued at approximately $30,000. GoalVest Advisory LLC raised its holdings in TTM Technologies by 456.7% during the 2nd quarter. GoalVest Advisory LLC now owns 167 shares of the technology company’s stock valued at $31,000 after buying an additional 137 shares during the period. Finally, Rakuten Securities Inc. bought a new stake in shares of TTM Technologies in the 4th quarter worth about $32,000. 95.79% of the stock is owned by institutional investors.

Key Stories Impacting TTM Technologies

Here are the key news stories impacting TTM Technologies this week:

• Positive Sentiment: TTM agreed to acquire Epiq in an all-cash transaction, expanding its portfolio into open-architecture, AI-enabled software-defined radios, high-performance RF products and radiation-tolerant space computing. The transaction strengthens TTM’s exposure to defense, electronic warfare, signals intelligence, missile defense, communications and space markets. Veritas Capital Announces $1.1 Billion Sale of Epiq Solutions to TTM Technologies
• Positive Sentiment: Management expects the acquisition to be immediately accretive to adjusted EBITDA margin and accretive to non-GAAP diluted EPS in 2028. TTM estimates the deal will add a higher-margin, long-cycle business and improve vertical integration across its electronics offerings. TTM Technologies Makes $1.1 Billion Defense Push With Epiq Solutions Deal
• Positive Sentiment: The deal complements TTM’s broader growth investments, including planned data-center capacity and U.S. manufacturing expansion. Recent coverage also highlights strong demand tied to artificial intelligence, aerospace and defense markets, supporting the company’s growth outlook. TTM Technologies: AI Has Turned This Boring PCB Maker Into a Growth Monster
• Neutral Sentiment: TTM’s latest reported quarter showed revenue growth of 37.4% year over year to roughly $1.0 billion, while earnings per share exceeded analyst expectations. However, the stock’s elevated valuation means investors are likely demanding continued exceptional execution. TTM Technologies: Strong Demand, But the Valuation Requires Exceptional Execution
• Negative Sentiment: The all-cash purchase will increase leverage to an estimated 2.3 times net debt to EBITDA at closing. Although TTM expects to reduce leverage to 1.5–1.7 times within 12–18 months, the acquisition remains subject to regulatory approval, financing conditions and successful integration. Continued insider selling, with no reported insider purchases in the past six months, may also weigh on sentiment.

TTM Technologies Price Performance

NASDAQ:TTMI opened at $140.98 on Tuesday. The company has a 50 day moving average price of $156.88 and a 200-day moving average price of $135.71. The firm has a market cap of $14.85 billion, a price-to-earnings ratio of 63.50 and a beta of 2.15. TTM Technologies, Inc. has a 1-year low of $39.20 and a 1-year high of $223.83. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.78 and a quick ratio of 1.54.

TTM Technologies (NASDAQ:TTMI) last posted its earnings results on Thursday, August 6th. The technology company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.10. The business had revenue of $1 billion for the quarter, compared to analyst estimates of $962.04 million. TTM Technologies had a net margin of 7.01% and a return on equity of 15.67%. The company’s revenue for the quarter was up 37.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.58 EPS. Equities research analysts forecast that TTM Technologies, Inc. will post 4.26 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. B. Riley Financial boosted their price objective on TTM Technologies from $182.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Stifel Nicolaus increased their price objective on shares of TTM Technologies from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Weiss Ratings upgraded shares of TTM Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 6th. Truist Financial upped their price target on TTM Technologies from $215.00 to $224.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Wall Street Zen upgraded shares of TTM Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $214.25.

Insiders Place Their Bets

In other news, EVP Shawn A. Powers sold 3,367 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $208.94, for a total transaction of $703,500.98. Following the completion of the sale, the executive vice president owned 120,801 shares of the company’s stock, valued at $25,240,160.94. The trade was a 2.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Douglas L. Soder sold 2,874 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $208.94, for a total value of $600,493.56. Following the sale, the executive vice president owned 210,634 shares of the company’s stock, valued at approximately $44,009,867.96. This trade represents a 1.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 108,241 shares of company stock valued at $20,911,975. 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.