Intech Investment Management LLC Raises Stock Position in Sanmina Corporation $SANM

Intech Investment Management LLC lifted its position in Sanmina Corporation (NASDAQ:SANM) by 6.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 63,158 shares of the electronics maker’s stock after buying an additional 3,666 shares during the quarter. Intech Investment Management LLC’s holdings in Sanmina were worth $9,478,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. AlphaQuest LLC grew its position in Sanmina by 10,472.1% during the 3rd quarter. AlphaQuest LLC now owns 10,995 shares of the electronics maker’s stock worth $1,266,000 after purchasing an additional 10,891 shares during the last quarter. Allianz Asset Management GmbH grew its position in Sanmina by 3.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 776,604 shares of the electronics maker’s stock worth $89,395,000 after purchasing an additional 27,384 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Sanmina during the 3rd quarter worth approximately $1,891,000. Northwestern Mutual Wealth Management Co. grew its position in Sanmina by 21,174.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 25,529 shares of the electronics maker’s stock worth $3,831,000 after purchasing an additional 25,409 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co purchased a new stake in Sanmina during the 3rd quarter worth approximately $1,939,000. Hedge funds and other institutional investors own 92.71% of the company’s stock.

Sanmina Stock Down 1.3%

SANM stock opened at $259.73 on Friday. The firm’s fifty day simple moving average is $187.68 and its 200-day simple moving average is $165.04. The company has a market capitalization of $13.92 billion, a P/E ratio of 54.91, a price-to-earnings-growth ratio of 1.01 and a beta of 1.51. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.71 and a quick ratio of 1.03. Sanmina Corporation has a 12 month low of $82.45 and a 12 month high of $270.49.

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

Insider Buying and Selling at Sanmina

In other news, Director Joseph G. Licata, Jr. sold 26,565 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total value of $5,606,011.95. Following the sale, the director directly owned 27,809 shares of the company’s stock, valued at $5,868,533.27. This represents a 48.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David V. Hedley III sold 500 shares of the company’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 completion of the sale, the director directly owned 7,376 shares in the company, valued at $1,619,179.52. This trade represents a 6.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 146,433 shares of company stock valued at $33,021,275 over the last quarter. Insiders own 3.10% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on SANM shares. 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 target price on the stock. Wall Street Zen downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 23rd. Weiss Ratings raised shares of Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, Susquehanna started coverage on shares of Sanmina in a research report on Wednesday, April 1st. They set a “neutral” rating and a $135.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $150.00.

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.