Sanmina Corporation $SANM Shares Sold by KBC Group NV

KBC Group NV lessened its holdings in shares of Sanmina Corporation (NASDAQ:SANM) by 33.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,579 shares of the electronics maker’s stock after selling 804 shares during the period. KBC Group NV’s holdings in Sanmina were worth $154,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SANM. Northwestern Mutual Wealth Management Co. raised its holdings in Sanmina by 265.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 365 shares of the electronics maker’s stock worth $28,000 after purchasing an additional 265 shares in the last quarter. Banque Transatlantique SA acquired a new stake in Sanmina during the 1st quarter worth $29,000. Caitong International Asset Management Co. Ltd lifted its position in Sanmina by 200.0% in the first quarter. Caitong International Asset Management Co. Ltd now owns 405 shares of the electronics maker’s stock valued at $31,000 after acquiring an additional 270 shares during the last quarter. Harbour Investments Inc. boosted its stake in Sanmina by 1,612.9% in the second quarter. Harbour Investments Inc. now owns 531 shares of the electronics maker’s stock valued at $52,000 after acquiring an additional 500 shares in the last quarter. Finally, Quarry LP boosted its stake in Sanmina by 5,883.3% in the first quarter. Quarry LP now owns 718 shares of the electronics maker’s stock valued at $55,000 after acquiring an additional 706 shares in the last quarter. 92.71% of the stock is owned by institutional investors and hedge funds.

Sanmina Stock Performance

NASDAQ SANM opened at $155.60 on Thursday. The firm has a market cap of $8.29 billion, a P/E ratio of 33.32, a P/E/G ratio of 1.43 and a beta of 1.17. Sanmina Corporation has a 52-week low of $63.67 and a 52-week high of $178.39. The business’s 50-day moving average price is $134.72 and its 200 day moving average price is $112.41. The company has a quick ratio of 1.21, a current ratio of 1.91 and a debt-to-equity ratio of 0.12.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings data on Monday, November 3rd. The electronics maker reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.10. Sanmina had a return on equity of 11.30% and a net margin of 3.22%.The company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.05 billion. During the same period last year, the firm earned $1.43 EPS. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. Sanmina has set its Q1 2026 guidance at 1.950-2.250 EPS. On average, equities research analysts expect that Sanmina Corporation will post 5.15 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Sanmina in a research report on Wednesday, October 8th. Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Finally, Wall Street Zen cut Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Sunday. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $120.00.

Sanmina Company Profile

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems.