Sanmina Corporation $SANM Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its position in Sanmina Corporation (NASDAQ:SANM) by 0.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 21,645 shares of the electronics maker’s stock after selling 173 shares during the quarter. Yousif Capital Management LLC’s holdings in Sanmina were worth $2,118,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in Sanmina by 265.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 365 shares of the electronics maker’s stock worth $28,000 after buying an additional 265 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in Sanmina by 200.0% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 405 shares of the electronics maker’s stock worth $31,000 after buying an additional 270 shares in the last quarter. Banque Transatlantique SA acquired a new position in Sanmina in the 1st quarter worth $29,000. Quarry LP lifted its holdings in Sanmina by 5,883.3% in the 1st quarter. Quarry LP now owns 718 shares of the electronics maker’s stock worth $55,000 after buying an additional 706 shares in the last quarter. Finally, Meeder Asset Management Inc. bought a new stake in shares of Sanmina in the 1st quarter worth about $90,000. Institutional investors and hedge funds own 92.71% of the company’s stock.

Sanmina Price Performance

Shares of NASDAQ:SANM opened at $129.25 on Friday. 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 Corporation has a fifty-two week low of $63.67 and a fifty-two week high of $160.25. The firm has a 50-day simple moving average of $119.49 and a 200 day simple moving average of $100.20. The company has a market cap of $6.89 billion, a PE ratio of 27.68, a P/E/G ratio of 1.34 and a beta of 1.19.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, July 28th. The electronics maker reported $1.53 earnings per share for the quarter, beating 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 business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the prior year, the firm earned $1.25 EPS. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. Sanmina has set its Q4 2025 guidance at 1.520-1.620 EPS. On average, sell-side analysts anticipate that Sanmina Corporation will post 5.15 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on SANM shares. Weiss Ratings reissued a “buy (b)” rating on shares of Sanmina in a research report on Wednesday, October 8th. Bank of America boosted their target price on shares of Sanmina from $100.00 to $120.00 and gave the stock a “neutral” rating in a research report on Friday, July 11th. Finally, Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Sunday. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $94.50.

Sanmina 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.