Sanmina Corporation $SANM Stock Holdings Lifted by Geode Capital Management LLC

Geode Capital Management LLC raised its stake in Sanmina Corporation (NASDAQ:SANM) by 3.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,629,023 shares of the electronics maker’s stock after acquiring an additional 58,529 shares during the period. Geode Capital Management LLC’s holdings in Sanmina were worth $244,500,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SANM. Invesco Ltd. increased its holdings in shares of Sanmina by 74.6% in the third quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker’s stock valued at $251,590,000 after buying an additional 933,974 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of Sanmina by 289.6% in the fourth quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker’s stock valued at $97,571,000 after buying an additional 483,312 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of Sanmina by 354.4% in the third quarter. Qube Research & Technologies Ltd now owns 371,270 shares of the electronics maker’s stock valued at $42,737,000 after buying an additional 289,558 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Sanmina during the 3rd quarter worth approximately $21,196,000. Finally, Allspring Global Investments Holdings LLC grew its position in Sanmina by 44.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 539,644 shares of the electronics maker’s stock worth $85,960,000 after purchasing an additional 165,805 shares in the last quarter. Institutional investors own 92.71% of the company’s stock.

Sanmina Trading Up 5.1%

NASDAQ SANM opened at $278.36 on Wednesday. Sanmina Corporation has a twelve month low of $85.66 and a twelve month high of $279.23. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.03 and a current ratio of 1.71. The stock has a market cap of $14.92 billion, a price-to-earnings ratio of 58.85, a PEG ratio of 1.02 and a beta of 1.54. The firm’s 50 day moving average price is $190.37 and its two-hundred day moving average price is $165.65.

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

Insider Buying and Selling at Sanmina

In other news, 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 directly owned 7,376 shares in the company, valued at $1,619,179.52. The trade was a 6.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Jonathan P. Faust sold 10,076 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $265.80, for a total transaction of $2,678,200.80. Following the transaction, the chief financial officer owned 77,000 shares in the company, valued at approximately $20,466,600. This represents a 11.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 156,509 shares of company stock worth $35,699,476 over the last 90 days. 3.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Susquehanna assumed coverage on shares of Sanmina in a research report on Wednesday, April 1st. They set a “neutral” rating and a $135.00 price objective on the stock. Wall Street Zen cut shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 23rd. JPMorgan Chase & Co. assumed coverage on shares of Sanmina in a research report on Monday, March 30th. They set a “neutral” rating and a $145.00 price objective on the stock. Weiss Ratings upgraded shares of Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Finally, Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $150.00.

About Sanmina

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.