Janus Henderson Group PLC Has $4.40 Million Stock Holdings in Sanmina Corporation $SANM

Janus Henderson Group PLC decreased its stake in Sanmina Corporation (NASDAQ:SANM) by 73.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,933 shares of the electronics maker’s stock after selling 93,638 shares during the period. Janus Henderson Group PLC owned 0.06% of Sanmina worth $4,397,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new position in Sanmina in the third quarter valued at approximately $26,000. Employees Retirement System of Texas bought a new stake in shares of Sanmina during the 4th quarter worth approximately $39,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Sanmina by 182.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 339 shares of the electronics maker’s stock valued at $51,000 after buying an additional 219 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of Sanmina by 235.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 369 shares of the electronics maker’s stock valued at $55,000 after buying an additional 259 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Sanmina in the fourth quarter valued at $60,000. Institutional investors own 92.71% of the company’s stock.

Sanmina Price Performance

Shares of SANM opened at $205.66 on Friday. The company’s 50-day moving average is $227.02 and its 200-day moving average is $188.85. 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 firm has a market capitalization of $11.02 billion, a PE ratio of 36.79, a PEG ratio of 0.70 and a beta of 1.59. Sanmina Corporation has a fifty-two week low of $108.36 and a fifty-two week high of $288.68.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, beating analysts’ consensus estimates of $2.77 by $0.54. The business had revenue of $3.46 billion for 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%. Sanmina’s quarterly revenue was up 69.7% on a year-over-year basis. During the same quarter in the prior year, the business 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. Equities analysts forecast that Sanmina Corporation will post 10.41 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Jonathan P. Faust sold 10,076 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $265.80, for a total value of $2,678,200.80. Following the completion of the sale, the chief financial officer directly owned 77,000 shares in the company, valued at $20,466,600. The trade was a 11.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on SANM shares. JPMorgan Chase & Co. lowered their target price on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. Weiss Ratings raised shares of Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 15th. Wall Street Zen upgraded shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Finally, Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sanmina has a consensus rating of “Moderate Buy” and a consensus target price of $198.33.

About Sanmina

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.