Sanmina Corporation $SANM is Global Alpha Capital Management Ltd.’s 2nd Largest Position

Global Alpha Capital Management Ltd. boosted its holdings in shares of Sanmina Corporation (NASDAQ:SANM) by 6.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 868,891 shares of the electronics maker’s stock after purchasing an additional 54,200 shares during the quarter. Sanmina makes up 5.3% of Global Alpha Capital Management Ltd.’s holdings, making the stock its 2nd largest position. Global Alpha Capital Management Ltd. owned about 1.63% of Sanmina worth $85,004,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SANM. Paulson Wealth Management Inc. increased its position in shares of Sanmina by 7.4% in the second quarter. Paulson Wealth Management Inc. now owns 3,494 shares of the electronics maker’s stock valued at $342,000 after buying an additional 241 shares in the last quarter. Savant Capital LLC purchased a new stake in Sanmina in the 2nd quarter worth $264,000. Bank of New York Mellon Corp raised its position in Sanmina by 2.6% during the second quarter. Bank of New York Mellon Corp now owns 475,937 shares of the electronics maker’s stock worth $46,561,000 after acquiring an additional 12,084 shares during the period. Bank of Montreal Can raised its position in Sanmina by 1.5% during the second quarter. Bank of Montreal Can now owns 8,814 shares of the electronics maker’s stock worth $862,000 after acquiring an additional 128 shares during the period. Finally, Versor Investments LP purchased a new position in Sanmina during the second quarter valued at $301,000. 92.71% of the stock is owned by institutional investors and hedge funds.

Sanmina Stock Down 1.3%

Shares of NASDAQ SANM opened at $170.31 on Friday. The stock has a market cap of $9.07 billion, a PE ratio of 36.47, a P/E/G ratio of 1.43 and a beta of 1.17. The company has a current ratio of 1.91, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. Sanmina Corporation has a 12-month low of $63.67 and a 12-month high of $178.39. The company has a 50-day moving average of $127.76 and a 200 day moving average of $107.53.

Sanmina (NASDAQ:SANM) last released its earnings results on Monday, November 3rd. The electronics maker reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.10. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.05 billion. Sanmina had a net margin of 3.22% and a return on equity of 11.30%. The business’s revenue was up 3.9% on a year-over-year basis. During the same period last year, the company posted $1.43 EPS. Sanmina has set its Q1 2026 guidance at 1.950-2.250 EPS. As a group, sell-side analysts predict that Sanmina Corporation will post 5.15 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. 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 note on Friday, July 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.00.

About Sanmina

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.