Sanmina Corporation $SANM Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers boosted its position in shares of Sanmina Corporation (NASDAQ:SANM) by 9.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,033 shares of the electronics maker’s stock after acquiring an additional 339 shares during the period. Cetera Investment Advisers’ holdings in Sanmina were worth $307,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alyeska Investment Group L.P. acquired a new position in shares of Sanmina in the 4th quarter valued at $34,868,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Sanmina in the 4th quarter valued at $12,928,000. GAMMA Investing LLC boosted its holdings in shares of Sanmina by 10,112.8% in the 1st quarter. GAMMA Investing LLC now owns 131,030 shares of the electronics maker’s stock valued at $9,982,000 after buying an additional 129,747 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Sanmina by 38.6% in the 4th quarter. Millennium Management LLC now owns 406,862 shares of the electronics maker’s stock valued at $30,787,000 after buying an additional 113,314 shares in the last quarter. Finally, Frontier Capital Management Co. LLC boosted its holdings in shares of Sanmina by 9.9% in the 4th quarter. Frontier Capital Management Co. LLC now owns 1,005,158 shares of the electronics maker’s stock valued at $76,060,000 after buying an additional 90,627 shares in the last quarter. Institutional investors and hedge funds own 92.71% of the company’s stock.

Analyst Ratings Changes

SANM has been the subject of several research analyst reports. Wall Street Zen cut shares of Sanmina from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. Bank of America upped their target price on shares of Sanmina from $100.00 to $120.00 and gave the company a “neutral” rating in a report on Friday, July 11th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $94.50.

Sanmina Stock Down 4.2%

Shares of NASDAQ:SANM opened at $112.47 on Wednesday. The stock has a market cap of $5.99 billion, a P/E ratio of 24.08, a P/E/G ratio of 1.72 and a beta of 1.14. The firm has a fifty day moving average price of $103.94 and a 200 day moving average price of $88.76. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.91 and a quick ratio of 1.21. Sanmina Corporation has a 1-year low of $62.76 and a 1-year high of $125.76.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings results on Monday, July 28th. The electronics maker reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.11. The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.98 billion. Sanmina had a net margin of 3.22% and a return on equity of 11.30%. Sanmina’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.25 EPS. Sanmina has set its Q4 2025 guidance at 1.520-1.620 EPS. Sell-side analysts predict that Sanmina Corporation will post 5.15 EPS for the current year.

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.