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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.
BlackRock Reduces Stake in TT Electronics

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.

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