Swiss National Bank raised its holdings in shares of Sanmina Corporation (NASDAQ:SANM – Free Report) by 2.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,900 shares of the electronics maker’s stock after acquiring an additional 2,800 shares during the period. Swiss National Bank’s holdings in Sanmina were worth $13,988,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in the business. Invesco Ltd. boosted its position in Sanmina by 22.0% during the 4th quarter. Invesco Ltd. now owns 2,667,240 shares of the electronics maker’s stock worth $400,273,000 after acquiring an additional 481,588 shares during the period. Geode Capital Management LLC increased its holdings in shares of Sanmina by 3.7% during the fourth quarter. Geode Capital Management LLC now owns 1,629,023 shares of the electronics maker’s stock valued at $244,500,000 after purchasing an additional 58,529 shares during the period. Vaughan Nelson Investment Management L.P. increased its holdings in shares of Sanmina by 57.5% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 762,365 shares of the electronics maker’s stock valued at $98,833,000 after purchasing an additional 278,465 shares during the period. Fuller & Thaler Asset Management Inc. raised its stake in shares of Sanmina by 17.3% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 732,369 shares of the electronics maker’s stock valued at $109,907,000 after purchasing an additional 108,202 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Sanmina during the fourth quarter valued at about $101,751,000. Institutional investors and hedge funds own 92.71% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently weighed in on SANM shares. JPMorgan Chase & Co. began coverage on shares of Sanmina in a report on Monday, March 30th. They issued a “neutral” rating and a $145.00 price objective for the company. Susquehanna began coverage on shares of Sanmina in a research report on Wednesday, April 1st. They set a “neutral” rating and a $135.00 price target on the stock. Weiss Ratings upgraded shares of Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 15th. Wall Street Zen lowered shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Finally, Zacks Research cut shares of Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $160.00.
Sanmina Trading Down 4.6%
Shares of Sanmina stock opened at $208.43 on Friday. The business has a fifty day simple moving average of $236.49 and a 200-day simple moving average of $186.77. Sanmina Corporation has a fifty-two week low of $95.49 and a fifty-two week high of $288.68. The firm has a market cap of $11.17 billion, a price-to-earnings ratio of 44.07, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56. The company has a quick ratio of 1.03, a current ratio of 1.71 and a debt-to-equity ratio of 0.77.
Sanmina (NASDAQ:SANM – Get Free Report) last released its earnings results on Monday, April 27th. The electronics maker reported $3.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.74. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The firm had revenue of $4.01 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period in the previous year, the company earned $1.16 earnings per share. Sanmina’s revenue was up 102.3% compared to the same quarter last year. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. On average, equities analysts forecast that Sanmina Corporation will post 9.36 EPS for the current fiscal year.
Insider Buying and Selling
In related news, Director Joseph G. Licata, Jr. sold 26,565 shares of the stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the completion of the sale, the director directly owned 27,809 shares of the company’s stock, valued at $5,868,533.27. This represents a 48.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jonathan P. Faust sold 10,076 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $265.80, for a total transaction of $2,678,200.80. Following the sale, the chief financial officer owned 77,000 shares of the company’s stock, valued at $20,466,600. The trade was a 11.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 156,509 shares of company stock worth $35,699,476. 3.10% of the stock is owned by insiders.
Sanmina Company Profile
Sanmina Corporation is a leading global electronics manufacturing services (EMS) provider specializing in the design, production and end-to-end supply chain solutions for complex electronic products. Founded in 1980, the company has built a reputation for delivering high-reliability manufacturing across a wide range of industries, including communications, computing, aerospace and defense, medical, automotive and industrial sectors.
Sanmina’s core offerings encompass product design and engineering support, precision PCB fabrication and assembly, system integration, testing, and final system deployment.
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