Sanmina Corporation $SANM Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its position in Sanmina Corporation (NASDAQ:SANM) by 21,174.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,529 shares of the electronics maker’s stock after purchasing an additional 25,409 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Sanmina were worth $3,831,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Optiver Holding B.V. raised its holdings in shares of Sanmina by 36.6% in the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 59 shares in the last quarter. Park Avenue Securities LLC raised its stake in Sanmina by 2.1% during the 4th quarter. Park Avenue Securities LLC now owns 3,248 shares of the electronics maker’s stock worth $487,000 after acquiring an additional 68 shares in the last quarter. Vise Technologies Inc. raised its stake in Sanmina by 2.0% during the 3rd quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock worth $417,000 after acquiring an additional 71 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Sanmina by 7.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,127 shares of the electronics maker’s stock worth $129,000 after acquiring an additional 81 shares in the last quarter. Finally, Allworth Financial LP raised its stake in Sanmina by 1.4% during the 3rd quarter. Allworth Financial LP now owns 5,795 shares of the electronics maker’s stock worth $667,000 after acquiring an additional 81 shares in the last quarter. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Sanmina

In other Sanmina news, CEO Jure Sola sold 118,368 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $228.84, for a total transaction of $27,087,333.12. Following the transaction, the chief executive officer directly owned 1,227,573 shares of the company’s stock, valued at approximately $280,917,805.32. This trade represents a 8.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David V. Hedley III sold 1,024 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $162.31, for a total transaction of $166,205.44. Following the transaction, the director directly owned 6,340 shares in the company, valued at $1,029,045.40. The trade was a 13.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 157,532 shares of company stock worth $34,792,428 in the last three months. Company insiders own 3.10% of the company’s stock.

Sanmina Stock Performance

Shares of Sanmina stock opened at $246.44 on Monday. Sanmina Corporation has a 1 year low of $82.45 and a 1 year high of $255.21. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.03 and a current ratio of 1.71. The company has a market capitalization of $13.21 billion, a P/E ratio of 52.10, a PEG ratio of 0.95 and a beta of 1.51. The company’s fifty day moving average is $174.36 and its two-hundred day moving average is $161.93.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.74. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The company had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period last year, the firm posted $1.16 EPS. Sanmina’s revenue for the quarter was up 102.3% on a year-over-year basis. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. Analysts forecast that Sanmina Corporation will post 9.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. assumed coverage on shares of Sanmina in a research note on Monday, March 30th. They set a “neutral” rating and a $145.00 price target on the stock. Susquehanna assumed coverage on shares of Sanmina in a research note on Wednesday, April 1st. They set a “neutral” rating and a $135.00 price target on the stock. Wall Street Zen lowered shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings lowered shares of Sanmina from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 13th. Finally, Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Sanmina presently has an average rating of “Moderate Buy” and a consensus price target of $150.00.

About Sanmina

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.