tiprankstipranks
BlackRock Reduces Stake in TT Electronics
Company Announcements

BlackRock Reduces Stake in TT Electronics

Story Highlights
  • TT Electronics operates in the electronics industry, providing advanced electronics for key sectors.
  • BlackRock’s voting rights in TT Electronics dropped from 9.91% to 5.75%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

TT Electronics ( (GB:TTG) ) has provided an update.

The recent notification from TT Electronics PLC, a UK issuer, reveals that BlackRock, Inc. has altered its holdings in the company. BlackRock’s voting rights in TT Electronics have decreased from 9.91% to 5.75%, reflecting a significant change in its investment position. This reduction could indicate a shift in BlackRock’s strategic interest or outlook on TT Electronics, potentially impacting stakeholder perceptions and market dynamics.

More about TT Electronics

TT Electronics PLC is a UK-based company that operates in the electronics industry. It specializes in providing advanced electronics for performance-critical applications, serving sectors such as aerospace, defense, and industrial markets.

YTD Price Performance: -18.49%

Average Trading Volume: 931,193

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £153.3M

For detailed information about TTG stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App