UBS Group AG Grows Position in Sanmina Corporation $SANM

UBS Group AG raised its holdings in shares of Sanmina Corporation (NASDAQ:SANM) by 55.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 178,669 shares of the electronics maker’s stock after acquiring an additional 63,980 shares during the quarter. UBS Group AG’s holdings in Sanmina were worth $26,813,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SANM. Amundi purchased a new stake in Sanmina during the first quarter valued at about $391,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in 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 valued at $2,435,000 after acquiring an additional 1,387 shares during the last quarter. United Services Automobile Association bought a new position in Sanmina during the first quarter valued at approximately $256,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Sanmina by 10.6% during the first 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 last quarter. Finally, Jane Street Group LLC grew its position in Sanmina by 572.5% during the first 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 last quarter. 92.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on SANM shares. Wall Street Zen upgraded shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. Weiss Ratings upgraded shares of Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. started coverage on shares of Sanmina in a research report on Monday, March 30th. They set a “neutral” rating and a $145.00 price target on the stock. Susquehanna started coverage on shares of Sanmina in a research report on Wednesday, April 1st. They set a “neutral” rating and a $135.00 price target on the stock. Finally, Argus increased their price target on shares of Sanmina to $200.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $150.00.

Insider Buying and Selling at Sanmina

In related news, CFO Jonathan P. Faust sold 10,075 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $159.30, for a total transaction of $1,604,947.50. Following the completion of the transaction, the chief financial officer directly owned 87,076 shares in the company, valued at approximately $13,871,206.80. The trade was a 10.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David V. Hedley III sold 500 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $219.52, for a total value of $109,760.00. Following the transaction, the director owned 7,376 shares of the company’s stock, valued at approximately $1,619,179.52. This trade represents a 6.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 161,032 shares of company stock worth $35,312,003. 3.10% of the stock is owned by corporate insiders.

Sanmina Stock Performance

Shares of Sanmina stock opened at $248.35 on Monday. The company has a current ratio of 1.71, a quick ratio of 1.03 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $13.31 billion, a P/E ratio of 52.51, a P/E/G ratio of 0.95 and a beta of 1.51. The business has a fifty day simple moving average of $152.76 and a two-hundred day simple moving average of $153.97. Sanmina Corporation has a 12 month low of $78.43 and a 12 month high of $255.22.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings results on Monday, April 27th. The electronics maker reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.74. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The firm had revenue of $4.01 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same quarter in the previous year, the firm earned $1.16 EPS. Sanmina’s quarterly revenue was up 102.3% compared to the same quarter last year. 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, equities analysts forecast that Sanmina Corporation will post 9.36 earnings per share for the current fiscal year.

Sanmina Profile

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.