Sanmina Corporation $SANM Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Sanmina Corporation (NASDAQ:SANM) by 18.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 122,167 shares of the electronics maker’s stock after purchasing an additional 18,618 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Sanmina were worth $30,918,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Sanmina in the 2nd quarter valued at $1,390,702,000. Invesco Ltd. boosted its position in Sanmina by 22.0% during the fourth quarter. Invesco Ltd. now owns 2,667,240 shares of the electronics maker’s stock worth $400,273,000 after acquiring an additional 481,588 shares during the last quarter. Geode Capital Management LLC boosted its position in Sanmina by 3.7% during the fourth quarter. Geode Capital Management LLC now owns 1,629,023 shares of the electronics maker’s stock worth $244,500,000 after acquiring an additional 58,529 shares during the last quarter. Bank of America Corp DE grew its stake in Sanmina by 14.6% during the 1st quarter. Bank of America Corp DE now owns 945,382 shares of the electronics maker’s stock valued at $122,559,000 after acquiring an additional 120,164 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. raised its holdings in Sanmina by 57.5% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 762,365 shares of the electronics maker’s stock valued at $98,833,000 after acquiring an additional 278,465 shares during the last quarter. 92.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have weighed in on SANM. JPMorgan Chase & Co. decreased their target price on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Weiss Ratings lowered Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 18th. Finally, Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Sanmina currently has an average rating of “Moderate Buy” and an average price target of $198.33.

Sanmina Price Performance

Shares of SANM stock opened at $195.69 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.78 and a quick ratio of 1.06. The company has a market capitalization of $10.49 billion, a PE ratio of 35.01, a price-to-earnings-growth ratio of 0.66 and a beta of 1.60. The firm’s 50-day moving average is $204.56 and its two-hundred day moving average is $194.59. Sanmina Corporation has a 12 month low of $110.44 and a 12 month high of $288.68.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.77 by $0.54. The business had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.40 billion. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The business’s revenue was up 69.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.53 EPS. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. Analysts predict that Sanmina Corporation will post 10.41 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.