Sanmina Corporation $SANM Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Sanmina Corporation (NASDAQ:SANM) by 18.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 122,167 shares of the electronics maker’s stock after acquiring an additional 18,618 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.23% of Sanmina worth $30,918,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SANM. BlackRock Inc. acquired a new position in Sanmina during the second quarter valued at $1,390,702,000. Invesco Ltd. raised its stake in shares of Sanmina by 22.0% during the 4th quarter. Invesco Ltd. now owns 2,667,240 shares of the electronics maker’s stock valued at $400,273,000 after buying an additional 481,588 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Sanmina by 3.7% in the 4th quarter. Geode Capital Management LLC now owns 1,629,023 shares of the electronics maker’s stock valued at $244,500,000 after buying an additional 58,529 shares during the period. Bank of America Corp DE lifted its holdings in shares of Sanmina by 14.6% in the 1st quarter. Bank of America Corp DE now owns 945,382 shares of the electronics maker’s stock valued at $122,559,000 after buying an additional 120,164 shares during the period. Finally, Vaughan Nelson Investment Management L.P. boosted its stake in shares of Sanmina by 57.5% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 762,365 shares of the electronics maker’s stock worth $98,833,000 after buying an additional 278,465 shares during the last quarter. Hedge funds and other institutional investors own 92.71% of the company’s stock.

Sanmina Trading Up 4.3%

Shares of SANM stock opened at $195.69 on Friday. 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 company has a market cap of $10.49 billion, a price-to-earnings ratio of 35.01, a PEG ratio of 0.66 and a beta of 1.60. The stock has a 50 day simple moving average of $204.56 and a 200-day simple moving average of $194.59. Sanmina Corporation has a 1-year low of $110.44 and a 1-year high of $288.68.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, topping the consensus estimate of $2.77 by $0.54. The company had revenue of $3.46 billion during the quarter, compared to analyst estimates of $3.40 billion. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The firm’s revenue was up 69.7% compared to the same quarter last year. During the same quarter in the previous 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. On average, equities research analysts expect that Sanmina Corporation will post 10.41 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Sanmina from $275.00 to $260.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. Weiss Ratings cut shares of Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 18th. Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Finally, Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $198.33.

Sanmina Company 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.