Freedom Investment Management Inc. Has $556,000 Stock Position in Sanmina Corporation $SANM

Freedom Investment Management Inc. raised its holdings in Sanmina Corporation (NASDAQ:SANM) by 8.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 5,683 shares of the electronics maker’s stock after acquiring an additional 437 shares during the period. Freedom Investment Management Inc.’s holdings in Sanmina were worth $556,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in shares of Sanmina by 34.1% during the 1st quarter. GAMMA Investing LLC now owns 1,720 shares of the electronics maker’s stock worth $131,000 after purchasing an additional 437 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Sanmina by 10.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,210 shares of the electronics maker’s stock worth $397,000 after purchasing an additional 476 shares in the last quarter. Redhawk Wealth Advisors Inc. acquired a new stake in shares of Sanmina during the 2nd quarter worth approximately $1,693,000. Strs Ohio acquired a new stake in shares of Sanmina during the 1st quarter worth approximately $1,196,000. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of Sanmina by 145.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 9,087 shares of the electronics maker’s stock worth $889,000 after purchasing an additional 5,392 shares in the last quarter. Institutional investors and hedge funds own 92.71% of the company’s stock.

Sanmina Price Performance

Sanmina stock opened at $133.77 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.91 and a quick ratio of 1.21. The company has a market capitalization of $7.13 billion, a PE ratio of 28.64, a price-to-earnings-growth ratio of 1.38 and a beta of 1.19. Sanmina Corporation has a one year low of $63.67 and a one year high of $160.25. The business has a 50 day simple moving average of $120.67 and a 200 day simple moving average of $102.34.

Sanmina (NASDAQ:SANM) last posted its earnings results on Monday, July 28th. The electronics maker reported $1.53 EPS for the quarter, topping the consensus estimate of $1.42 by $0.11. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.98 billion. Sanmina had a return on equity of 11.30% and a net margin of 3.22%.Sanmina’s revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the company earned $1.25 EPS. Sanmina has set its Q4 2025 guidance at 1.520-1.620 EPS. On average, sell-side analysts forecast that Sanmina Corporation will post 5.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SANM. Bank of America lifted their price objective on Sanmina from $100.00 to $120.00 and gave the stock a “neutral” rating in a report on Friday, July 11th. Weiss Ratings reissued a “buy (b)” rating on shares of Sanmina in a report on Saturday. Finally, Wall Street Zen raised Sanmina from a “buy” rating to a “strong-buy” rating in a report on Sunday, October 19th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Sanmina has an average rating of “Hold” and an average target price of $94.50.

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.