4,967 Shares in Sanmina Corporation $SANM Purchased by Inceptionr LLC

Inceptionr LLC bought a new position in shares of Sanmina Corporation (NASDAQ:SANM) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,967 shares of the electronics maker’s stock, valued at approximately $486,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of SANM. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Sanmina by 265.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 365 shares of the electronics maker’s stock worth $28,000 after acquiring an additional 265 shares during the period. TD Waterhouse Canada Inc. boosted its position in Sanmina by 27.2% during the second quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock worth $39,000 after purchasing an additional 85 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings 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 purchasing an additional 270 shares during the last quarter. Banque Transatlantique SA purchased a new position in shares of Sanmina in the first quarter valued at $29,000. Finally, MAI Capital Management acquired a new position in shares of Sanmina during the 2nd quarter worth $41,000. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Sanmina Stock Performance

Shares of SANM opened at $156.24 on Friday. Sanmina Corporation has a 1 year low of $63.67 and a 1 year high of $178.39. The company’s 50 day simple moving average is $139.55 and its 200 day simple moving average is $115.69. The company has a market capitalization of $8.53 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 1.43 and a beta of 1.17. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.91.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings results on Monday, November 3rd. The electronics maker reported $1.67 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $2.05 billion. During the same period in the previous year, the firm posted $1.43 EPS. Sanmina’s revenue 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, sell-side analysts predict that Sanmina Corporation will post 5.15 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Sanmina in a research note on Wednesday, October 8th. Finally, Wall Street Zen lowered Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 16th. One research 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. According to data from MarketBeat, Sanmina presently has an average rating of “Buy” and a consensus target price of $120.00.

Sanmina 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.