Deutsche Bank AG Makes New $4.82 Million Investment in Sanmina Corporation $SANM

Deutsche Bank AG purchased a new stake in shares of Sanmina Corporation (NASDAQ:SANM) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 19,034 shares of the electronics maker’s stock, valued at approximately $4,817,000.

Other institutional investors also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new stake in Sanmina in the 3rd quarter worth about $26,000. N.E.W. Advisory Services LLC bought a new stake in shares of Sanmina in the second quarter worth approximately $36,000. Employees Retirement System of Texas bought a new stake in shares of Sanmina in the fourth quarter worth approximately $39,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Sanmina during the second quarter valued at approximately $50,000. Finally, Global Retirement Partners LLC bought a new position in Sanmina during the second quarter valued at approximately $50,000. 92.71% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Jonathan P. Faust sold 10,076 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $265.80, for a total value of $2,678,200.80. Following the transaction, the chief financial officer owned 77,000 shares of the company’s stock, valued at $20,466,600. This trade represents a 11.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

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

Sanmina Trading Up 3.1%

Shares of Sanmina stock opened at $191.11 on Wednesday. Sanmina Corporation has a 1-year low of $110.44 and a 1-year high of $288.68. The company’s fifty day simple moving average is $211.87 and its 200-day simple moving average is $192.24. 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 stock has a market capitalization of $10.24 billion, a PE ratio of 34.19, a P/E/G ratio of 0.65 and a beta of 1.59.

Sanmina (NASDAQ:SANM) last announced its earnings results on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, topping analysts’ consensus estimates of $2.77 by $0.54. The company had revenue of $3.46 billion for the quarter, compared to analysts’ expectations of $3.40 billion. Sanmina had a return on equity of 19.08% and a net margin of 2.41%.Sanmina’s revenue for the quarter was up 69.7% compared to the same quarter last year. During the same period 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. As a group, equities analysts anticipate that Sanmina Corporation will post 10.41 earnings per share for the current year.

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.