Public Sector Pension Investment Board Raises Holdings in Sanmina Corporation $SANM

Public Sector Pension Investment Board raised its position in shares of Sanmina Corporation (NASDAQ:SANM) by 23.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 225,632 shares of the electronics maker’s stock after acquiring an additional 43,409 shares during the period. Public Sector Pension Investment Board’s holdings in Sanmina were worth $25,972,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Invesco Ltd. lifted its stake in shares of Sanmina by 42.4% in the 2nd quarter. Invesco Ltd. now owns 1,251,678 shares of the electronics maker’s stock valued at $122,452,000 after purchasing an additional 372,829 shares in the last quarter. Frontier Capital Management Co. LLC raised its holdings in Sanmina by 20.9% in the second quarter. Frontier Capital Management Co. LLC now owns 1,231,884 shares of the electronics maker’s stock valued at $120,515,000 after buying an additional 213,025 shares during the period. Global Alpha Capital Management Ltd. lifted its position in Sanmina by 6.7% during the second quarter. Global Alpha Capital Management Ltd. now owns 868,891 shares of the electronics maker’s stock valued at $85,004,000 after buying an additional 54,200 shares in the last quarter. Allianz Asset Management GmbH grew its stake in Sanmina by 3.7% during the third quarter. Allianz Asset Management GmbH now owns 776,604 shares of the electronics maker’s stock worth $89,395,000 after buying an additional 27,384 shares during the period. Finally, Norges Bank acquired a new stake in shares of Sanmina in the second quarter worth $63,671,000. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Sanmina Stock Performance

Shares of SANM stock opened at $145.81 on Friday. Sanmina Corporation has a 12 month low of $63.67 and a 12 month high of $185.29. 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 market capitalization of $7.96 billion, a P/E ratio of 34.80, a P/E/G ratio of 0.64 and a beta of 1.04. The company’s fifty day moving average price is $157.43 and its two-hundred day moving average price is $140.35.

Sanmina (NASDAQ:SANM) last announced its earnings results on Monday, January 26th. The electronics maker reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.23. Sanmina had a return on equity of 13.06% and a net margin of 2.47%.The company had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same period last year, the firm earned $1.16 earnings per share. The company’s revenue was up 59.0% on a year-over-year basis. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. On average, research analysts anticipate that Sanmina Corporation will post 5.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SANM has been the topic of several recent research reports. Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. Argus boosted their price objective on Sanmina to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Wall Street Zen downgraded Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $160.00.

Insiders Place Their Bets

In other Sanmina news, insider Vishnu Venkatesh sold 692 shares of Sanmina stock in a transaction that occurred 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 $3,506,670. The trade was a 2.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.10% of the stock is currently owned by company insiders.

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.