Collaborative Fund Advisors LLC Acquires New Position in Sanmina Corporation $SANM

Collaborative Fund Advisors LLC acquired a new position in shares of Sanmina Corporation (NASDAQ:SANM) during the first quarter, HoldingsChannel reports. The fund acquired 8,982 shares of the electronics maker’s stock, valued at approximately $1,164,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Sanmina during the 3rd quarter worth approximately $26,000. Employees Retirement System of Texas acquired a new position in Sanmina during the fourth quarter worth $39,000. Northwestern Mutual Wealth Management Co. raised its holdings in Sanmina by 182.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 339 shares of the electronics maker’s stock worth $51,000 after purchasing an additional 219 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in Sanmina by 235.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 369 shares of the electronics maker’s stock worth $55,000 after purchasing an additional 259 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in Sanmina in the fourth quarter valued at $60,000. 92.71% of the stock is owned by hedge funds and other institutional investors.

Sanmina Stock Performance

Sanmina stock opened at $219.77 on Monday. Sanmina Corporation has a fifty-two week low of $95.49 and a fifty-two week high of $288.68. The company has a market capitalization of $11.78 billion, a price-to-earnings ratio of 46.46, a PEG ratio of 0.84 and a beta of 1.56. The stock has a fifty day moving average of $240.75 and a two-hundred day moving average of $181.00. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.03 and a current ratio of 1.71.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.74. The business had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $3.28 billion. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The business’s revenue was up 102.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.16 earnings per share. 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, analysts anticipate that Sanmina Corporation will post 9.36 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Weiss Ratings upgraded Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Susquehanna began coverage on shares of Sanmina in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price objective on the stock. JPMorgan Chase & Co. assumed coverage on shares of Sanmina in a research note on Monday, March 30th. They issued a “neutral” rating and a $145.00 price objective on the stock. Wall Street Zen upgraded shares of Sanmina from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 6th. Finally, Zacks Research cut shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $150.00.

Insider Buying and Selling

In other news, EVP Alan Mcwilliams Reid sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $218.17, for a total value of $218,170.00. Following the completion of the transaction, the executive vice president owned 31,481 shares of the company’s stock, valued at $6,868,209.77. The trade was a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the transaction, the director directly owned 27,809 shares in the company, valued at $5,868,533.27. The trade was a 48.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 156,509 shares of company stock worth $35,699,476 in the last 90 days. 3.10% of the stock is currently owned by corporate insiders.

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.