Sanmina Corporation $SANM Shares Sold by Swiss National Bank

Swiss National Bank trimmed its holdings in Sanmina Corporation (NASDAQ:SANM) by 0.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,700 shares of the electronics maker’s stock after selling 800 shares during the quarter. Swiss National Bank owned about 0.19% of Sanmina worth $10,145,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Sanmina by 265.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 365 shares of the electronics maker’s stock valued at $28,000 after purchasing an additional 265 shares during the last quarter. Banque Transatlantique SA purchased a new stake in Sanmina in the 1st quarter valued at $29,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Sanmina by 200.0% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 405 shares of the electronics maker’s stock worth $31,000 after acquiring an additional 270 shares during the period. TD Waterhouse Canada Inc. raised its holdings in shares of Sanmina by 27.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock worth $39,000 after acquiring an additional 85 shares during the period. Finally, Harbour Investments Inc. boosted its position in shares of Sanmina by 1,612.9% during the 2nd quarter. Harbour Investments Inc. now owns 531 shares of the electronics maker’s stock valued at $52,000 after acquiring an additional 500 shares during the last quarter. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Sanmina Price Performance

Sanmina stock opened at $156.24 on Friday. The company’s 50 day simple moving average is $139.55 and its 200-day simple moving average is $115.69. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.91. Sanmina Corporation has a 1 year low of $63.67 and a 1 year high of $178.39. The company has a market capitalization of $8.53 billion, a price-to-earnings ratio of 33.46, a price-to-earnings-growth ratio of 1.43 and a beta of 1.17.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings data on Monday, November 3rd. The electronics maker reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.10. Sanmina had a return on equity of 11.30% and a net margin of 3.22%.The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the previous year, the business earned $1.43 EPS. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. Sanmina has set its Q1 2026 guidance at 1.950-2.250 EPS. As a group, equities research analysts expect that Sanmina Corporation will post 5.15 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on SANM. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Wall Street Zen cut shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Sanmina currently has a consensus rating of “Buy” and a consensus target price of $120.00.

Sanmina Profile

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.