Sanmina (NASDAQ:SANM) Posts Quarterly Earnings Results, Beats Expectations By $0.54 EPS

Sanmina (NASDAQ:SANM) issued its quarterly earnings data on Monday. The electronics maker reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.77 by $0.54, FiscalAI reports. The company had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.40 billion. Sanmina had a return on equity of 16.23% and a net margin of 2.29%. Sanmina updated its Q4 2026 guidance to 3.050-3.350 EPS and its FY 2026 guidance to 11.900-12.200 EPS.

Sanmina Trading Up 0.2%

SANM stock traded up $0.47 during mid-day trading on Monday, reaching $208.90. The company’s stock had a trading volume of 1,233,094 shares, compared to its average volume of 943,734. The company has a market cap of $11.20 billion, a price-to-earnings ratio of 44.16, a price-to-earnings-growth ratio of 0.80 and a beta of 1.56. The business’s 50 day moving average price is $236.49 and its 200 day moving average price is $187.01. The company has a current ratio of 1.71, a quick ratio of 1.03 and a debt-to-equity ratio of 0.77. Sanmina has a 12 month low of $97.76 and a 12 month high of $288.68.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SANM. Susquehanna began coverage on shares of Sanmina in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price target on the stock. Zacks Research lowered shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. JPMorgan Chase & Co. started coverage on shares of Sanmina in a research report on Monday, March 30th. They set a “neutral” rating and a $145.00 price objective for the company. Wall Street Zen downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Finally, Weiss Ratings upgraded shares of Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Sanmina presently has an average rating of “Hold” and a consensus price target of $160.00.

Insider Activity

In other news, CEO Jure Sola sold 118,368 shares of Sanmina stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $228.84, for a total value of $27,087,333.12. Following the completion of the sale, the chief executive officer owned 1,227,573 shares in the company, valued at $280,917,805.32. The trade was a 8.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David V. Hedley III sold 500 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $219.52, for a total transaction of $109,760.00. Following the transaction, the director owned 7,376 shares in the company, valued at $1,619,179.52. The trade was a 6.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 156,509 shares of company stock worth $35,699,476. Company insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On Sanmina

A number of large investors have recently bought and sold shares of SANM. Invesco Ltd. increased its stake in Sanmina by 22.0% in the fourth quarter. Invesco Ltd. now owns 2,667,240 shares of the electronics maker’s stock valued at $400,273,000 after purchasing an additional 481,588 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of Sanmina by 5.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,435 shares of the electronics maker’s stock worth $966,000 after purchasing an additional 342 shares in the last quarter. Beacon Pointe Advisors LLC bought a new position in shares of Sanmina during the 4th quarter worth about $229,000. State of Tennessee Department of Treasury grew its stake in shares of Sanmina by 2.4% in the 4th quarter. State of Tennessee Department of Treasury now owns 21,743 shares of the electronics maker’s stock valued at $3,081,000 after buying an additional 506 shares during the period. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Sanmina in the 4th quarter valued at about $589,000. 92.71% of the stock is currently owned by institutional investors and hedge funds.

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.