Allianz Asset Management GmbH Purchases 27,384 Shares of Sanmina Corporation $SANM

Allianz Asset Management GmbH increased its position in shares of Sanmina Corporation (NASDAQ:SANM) by 3.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 776,604 shares of the electronics maker’s stock after buying an additional 27,384 shares during the quarter. Allianz Asset Management GmbH’s holdings in Sanmina were worth $89,395,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SANM. Amundi acquired a new stake in Sanmina in the first quarter valued at approximately $391,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Sanmina by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,968 shares of the electronics maker’s stock worth $2,435,000 after purchasing an additional 1,387 shares in the last quarter. United Services Automobile Association acquired a new stake in Sanmina in the 1st quarter valued at $256,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Sanmina by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,287 shares of the electronics maker’s stock valued at $9,621,000 after purchasing an additional 12,061 shares during the period. Finally, Jane Street Group LLC increased its stake in Sanmina by 572.5% during the 1st quarter. Jane Street Group LLC now owns 79,846 shares of the electronics maker’s stock valued at $6,083,000 after purchasing an additional 67,973 shares in the last quarter. Institutional investors own 92.71% of the company’s stock.

Analyst Ratings Changes

SANM has been the topic of a number of recent research reports. Zacks Research lowered shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Weiss Ratings restated a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. Wall Street Zen downgraded Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 16th. Finally, Argus boosted their price objective on Sanmina to $200.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Sanmina currently has a consensus rating of “Moderate Buy” and a consensus price target of $160.00.

Insider Activity at Sanmina

In related news, insider Vishnu Venkatesh sold 692 shares of Sanmina stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total transaction of $103,260.24. Following the sale, the insider directly owned 23,500 shares in the company, valued at approximately $3,506,670. This trade represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 3.10% of the company’s stock.

Sanmina Stock Performance

Shares of SANM stock opened at $154.65 on Wednesday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.04. The firm has a 50-day moving average of $158.93 and a 200-day moving average of $138.25. Sanmina Corporation has a one year low of $63.67 and a one year high of $185.29. The company has a market cap of $8.44 billion, a P/E ratio of 36.91, a P/E/G ratio of 0.68 and a beta of 1.04.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.23. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same period in the prior year, the firm posted $1.16 EPS. The firm’s quarterly revenue was up 59.0% compared to the same quarter last year. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. Equities research analysts forecast that Sanmina Corporation will post 5.15 EPS for the current fiscal year.

Sanmina 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.