California State Teachers Retirement System Buys 15,165,342 Shares of Sanmina Corporation $SANM

Posted by George Bondi on Sep 11th, 2026

California State Teachers Retirement System grew its stake in shares of Sanmina Corporation (NASDAQ:SANM – Free Report) by 23,789.9% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 15,229,089 shares of the electronics maker’s stock after buying an additional 15,165,342 shares during the period. California State Teachers Retirement System owned approximately 0.28% of Sanmina worth $3,854,178,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Sanmina during the second quarter valued at about $1,390,702,000. Invesco Ltd. grew its holdings in shares of Sanmina by 74.6% during the 3rd quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker’s stock worth $251,590,000 after purchasing an additional 933,974 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Sanmina during the 2nd quarter worth approximately $189,012,000. Norges Bank bought a new stake in shares of Sanmina during the fourth quarter valued at approximately $101,751,000. Finally, Fisher Asset Management LLC raised its stake in shares of Sanmina by 289.6% in the fourth quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker’s stock valued at $97,571,000 after purchasing an additional 483,312 shares in the last quarter. 92.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Weiss Ratings raised Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, September 3rd. Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating for the company in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Sanmina presently has an average rating of “Moderate Buy” and an average target price of $198.33.

Check Out Our Latest Stock Analysis on SANM

Sanmina Trading Down 1.4%

Shares of SANM opened at $203.31 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.06 and a debt-to-equity ratio of 0.71. The stock has a market cap of $10.90 billion, a PE ratio of 36.37, a PEG ratio of 0.72 and a beta of 1.60. Sanmina Corporation has a 1 year low of $110.44 and a 1 year high of $288.68. The stock has a 50 day simple moving average of $200.88 and a 200-day simple moving average of $196.52.

Sanmina (NASDAQ:SANM – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, beating the consensus estimate of $2.77 by $0.54. Sanmina had a return on equity of 19.08% and a net margin of 2.41%.The business had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the previous year, the firm earned $1.53 EPS. Sanmina’s quarterly revenue was up 69.7% on a year-over-year basis. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. On average, sell-side analysts predict that Sanmina Corporation will post 10.41 EPS for the current fiscal year.

Sanmina Profile

(Free Report)

Sanmina Corporation (NASDAQ: SANM) is a global provider of integrated manufacturing, engineering and supply chain services for original equipment manufacturers. The company designs, builds and supports complex electronic and mechanical products, helping customers manage product development, production, logistics and aftermarket services.

Its capabilities include printed circuit board assembly, systems integration, electromechanical manufacturing, precision machining, enclosures, optical and radio-frequency components, testing, repair and product fulfillment.