Leuthold Group LLC Invests $3.54 Million in Sanmina Corporation $SANM

Leuthold Group LLC purchased a new position in shares of Sanmina Corporation (NASDAQ:SANM) in the second quarter, HoldingsChannel reports. The institutional investor purchased 36,208 shares of the electronics maker’s stock, valued at approximately $3,542,000.

Other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its position in Sanmina by 265.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 365 shares of the electronics maker’s stock valued at $28,000 after acquiring an additional 265 shares during the period. Banque Transatlantique SA bought a new stake in shares of Sanmina in the 1st quarter worth about $29,000. Caitong International Asset Management Co. Ltd increased its position in shares of Sanmina by 200.0% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 405 shares of the electronics maker’s stock worth $31,000 after purchasing an additional 270 shares in the last quarter. TD Waterhouse Canada Inc. lifted its holdings in Sanmina by 27.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock valued at $39,000 after purchasing an additional 85 shares during the last quarter. Finally, MAI Capital Management acquired a new position in Sanmina in the second quarter valued at about $41,000. 92.71% of the stock is currently owned by institutional investors.

Sanmina Trading Up 0.4%

NASDAQ SANM opened at $156.24 on Friday. Sanmina Corporation has a 12 month low of $63.67 and a 12 month high of $178.39. The stock has a 50-day simple moving average of $139.55 and a 200 day simple moving average of $115.91. The company has a current ratio of 1.91, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $8.53 billion, a PE ratio of 33.46, a P/E/G ratio of 1.43 and a beta of 1.17.

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

Analyst Ratings Changes

SANM has been the subject of several recent analyst reports. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Wall Street Zen cut Sanmina from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Sanmina in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $120.00.

About Sanmina

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.