TFG Advisers LLC Has $411,000 Stock Holdings in Sanmina Corporation $SANM

TFG Advisers LLC trimmed its holdings in shares of Sanmina Corporation (NASDAQ:SANM) by 4.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,204 shares of the electronics maker’s stock after selling 177 shares during the period. TFG Advisers LLC’s holdings in Sanmina were worth $411,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Sanmina by 265.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 365 shares of the electronics maker’s stock valued at $28,000 after purchasing an additional 265 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in shares of Sanmina by 200.0% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 405 shares of the electronics maker’s stock valued at $31,000 after purchasing an additional 270 shares during the period. Banque Transatlantique SA bought a new stake in shares of Sanmina in the 1st quarter valued at about $29,000. Quarry LP raised its holdings in shares of Sanmina by 5,883.3% in the 1st quarter. Quarry LP now owns 718 shares of the electronics maker’s stock valued at $55,000 after purchasing an additional 706 shares during the period. Finally, Meeder Asset Management Inc. bought a new stake in shares of Sanmina in the 1st quarter valued at about $90,000. 92.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

SANM has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 30th. Bank of America increased their price target on shares of Sanmina from $100.00 to $120.00 and gave the company a “neutral” rating in a report on Friday, July 11th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $94.50.

Sanmina Stock Performance

Shares of NASDAQ:SANM opened at $116.52 on Thursday. The company’s 50 day moving average price is $115.86 and its two-hundred day moving average price is $95.92. Sanmina Corporation has a 12-month low of $63.67 and a 12-month high of $125.76. The firm has a market cap of $6.21 billion, a PE ratio of 24.95, a PEG ratio of 1.69 and a beta of 1.19. The company has a quick ratio of 1.21, a current ratio of 1.91 and a debt-to-equity ratio of 0.12.

Sanmina (NASDAQ:SANM) last announced its earnings results on Monday, July 28th. The electronics maker reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.11. Sanmina had a net margin of 3.22% and a return on equity of 11.30%. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.98 billion. During the same quarter in the prior year, the business posted $1.25 EPS. The business’s revenue was up 10.9% compared to the same quarter last year. Sanmina has set its Q4 2025 guidance at 1.520-1.620 EPS. Equities research analysts predict that Sanmina Corporation will post 5.15 earnings per share for the current year.

Sanmina Company Profile

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems.