Vaughan Nelson Investment Management L.P. Increases Stock Position in Sanmina Corporation $SANM

Vaughan Nelson Investment Management L.P. increased its holdings in Sanmina Corporation (NASDAQ:SANM) by 57.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 762,365 shares of the electronics maker’s stock after acquiring an additional 278,465 shares during the quarter. Sanmina makes up about 1.0% of Vaughan Nelson Investment Management L.P.’s holdings, making the stock its 28th biggest position. Vaughan Nelson Investment Management L.P.’s holdings in Sanmina were worth $98,833,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SANM. Amundi purchased a new position in Sanmina during the 1st quarter worth $391,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Sanmina by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,968 shares of the electronics maker’s stock worth $2,435,000 after buying an additional 1,387 shares during the last quarter. United Services Automobile Association purchased a new position in shares of Sanmina during the first quarter worth about $256,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Sanmina by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,287 shares of the electronics maker’s stock valued at $9,621,000 after acquiring an additional 12,061 shares during the period. Finally, Jane Street Group LLC increased its position in Sanmina by 572.5% in the 1st quarter. Jane Street Group LLC now owns 79,846 shares of the electronics maker’s stock valued at $6,083,000 after acquiring an additional 67,973 shares during the period. Institutional investors and hedge funds own 92.71% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on SANM shares. Wall Street Zen raised Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Zacks Research raised Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Weiss Ratings upgraded Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, May 28th. Susquehanna assumed coverage on Sanmina in a report on Wednesday, April 1st. They set a “neutral” rating and a $135.00 price target for the company. Finally, JPMorgan Chase & Co. began coverage on shares of Sanmina in a research report on Monday, March 30th. They issued a “neutral” rating and a $145.00 price objective on the stock. One investment 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. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $150.00.

Sanmina Price Performance

Sanmina stock opened at $241.49 on Monday. 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 1-year low of $89.10 and a 1-year high of $288.68. The company has a market cap of $12.94 billion, a PE ratio of 51.05, a price-to-earnings-growth ratio of 0.93 and a beta of 1.54. The stock’s 50 day moving average price is $224.79 and its 200 day moving average price is $175.37.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 earnings per share for the quarter, topping analysts’ consensus estimates of $2.42 by $0.74. The firm had revenue of $4.01 billion for the quarter, compared to analyst estimates of $3.28 billion. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.Sanmina’s quarterly revenue was up 102.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.16 earnings per share. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. On average, sell-side analysts predict that Sanmina Corporation will post 9.36 EPS for the current fiscal year.

Insider Buying and Selling at Sanmina

In other news, EVP Alan Mcwilliams Reid sold 1,000 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $218.17, for a total transaction of $218,170.00. Following the transaction, the executive vice president directly owned 31,481 shares of the company’s stock, valued at $6,868,209.77. This represents a 3.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the completion of the transaction, the director owned 27,809 shares of the company’s stock, valued at $5,868,533.27. This represents a 48.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 156,509 shares of company stock worth $35,699,476. Company insiders own 3.10% of the company’s stock.

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.