Sanctuary Advisors LLC Makes New $1.02 Million Investment in Sanmina Corporation $SANM

Sanctuary Advisors LLC acquired a new stake in shares of Sanmina Corporation (NASDAQ:SANM) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 4,039 shares of the electronics maker’s stock, valued at approximately $1,022,000.

A number of other hedge funds have also recently modified their holdings of SANM. Danske Bank A S purchased a new stake in shares of Sanmina in the 2nd quarter worth about $25,000. Caitong International Asset Management Co. Ltd purchased a new position in Sanmina during the 3rd quarter valued at about $26,000. Keating Financial Advisory Services Inc. purchased a new position in Sanmina during the 2nd quarter valued at about $31,000. N.E.W. Advisory Services LLC bought a new stake in Sanmina during the second quarter worth about $36,000. Finally, Employees Retirement System of Texas bought a new stake in Sanmina during the fourth quarter worth about $39,000. Institutional investors own 92.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages 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 for the company in a research note on Tuesday, July 28th. Wall Street Zen raised Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings lowered Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Sanmina presently has an average rating of “Moderate Buy” and a consensus target price of $198.33.

Sanmina Stock Performance

Shares of Sanmina stock opened at $203.35 on Friday. The stock has a market cap of $10.90 billion, a price-to-earnings ratio of 36.38, a PEG ratio of 0.70 and a beta of 1.59. The firm’s 50-day moving average is $210.22 and its 200 day moving average is $193.01. Sanmina Corporation has a 1 year low of $110.44 and a 1 year high of $288.68. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.78 and a quick ratio of 1.06.

Sanmina (NASDAQ:SANM) last released its quarterly earnings data on Monday, July 27th. The electronics maker reported $3.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.77 by $0.54. The business had revenue of $3.46 billion during the quarter, compared to analyst estimates of $3.40 billion. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. Sanmina’s revenue was up 69.7% compared to the same quarter last year. During the same period last year, the business 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. Sell-side analysts anticipate that Sanmina Corporation will post 10.41 EPS for the current fiscal year.

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.