Hillsdale Investment Management Inc. Acquires 7,200 Shares of Sanmina Corporation $SANM

Hillsdale Investment Management Inc. boosted its holdings in shares of Sanmina Corporation (NASDAQ:SANM) by 11.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,280 shares of the electronics maker’s stock after purchasing an additional 7,200 shares during the period. Hillsdale Investment Management Inc. owned 0.14% of Sanmina worth $8,320,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. SG Capital Management LLC bought a new stake in shares of Sanmina during the third quarter worth $10,060,000. Public Sector Pension Investment Board lifted its position in Sanmina by 23.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 225,632 shares of the electronics maker’s stock worth $25,972,000 after buying an additional 43,409 shares in the last quarter. Leuthold Group LLC grew its holdings in Sanmina by 3.5% during the 3rd quarter. Leuthold Group LLC now owns 37,492 shares of the electronics maker’s stock worth $4,316,000 after acquiring an additional 1,284 shares during the last quarter. Savvy Advisors Inc. acquired a new stake in Sanmina in the 3rd quarter valued at about $200,000. Finally, Rhumbline Advisers raised its stake in shares of Sanmina by 2.5% in the third quarter. Rhumbline Advisers now owns 163,241 shares of the electronics maker’s stock worth $18,791,000 after acquiring an additional 4,031 shares during the last quarter. Institutional investors own 92.71% of the company’s stock.

Insiders Place Their Bets

In other Sanmina news, EVP Alan Mcwilliams Reid sold 3,500 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $148.45, for a total transaction of $519,575.00. Following the transaction, the executive vice president owned 33,981 shares in the company, valued at approximately $5,044,479.45. This trade represents a 9.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Vishnu Venkatesh sold 692 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total value of $103,260.24. Following the transaction, the insider owned 23,500 shares of the company’s stock, valued at $3,506,670. The trade was a 2.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.10% of the stock is owned by insiders.

Analysts Set New Price Targets

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

Sanmina Trading Up 0.9%

SANM opened at $149.37 on Friday. The firm has a 50 day simple moving average of $155.55 and a 200 day simple moving average of $141.45. Sanmina Corporation has a fifty-two week low of $63.67 and a fifty-two week high of $185.29. The company has a market cap of $8.16 billion, a price-to-earnings ratio of 35.65, a price-to-earnings-growth ratio of 0.67 and a beta of 1.04. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.04.

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

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.