TD Private Client Wealth LLC Has $127,000 Stake in Sanmina Corporation $SANM

TD Private Client Wealth LLC lifted its holdings in shares of Sanmina Corporation (NASDAQ:SANM) by 78.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,294 shares of the electronics maker’s stock after purchasing an additional 569 shares during the quarter. TD Private Client Wealth LLC’s holdings in Sanmina were worth $127,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Invesco Ltd. boosted its holdings in shares of Sanmina by 22.7% in the 1st quarter. Invesco Ltd. now owns 878,849 shares of the electronics maker’s stock valued at $66,951,000 after purchasing an additional 162,465 shares in the last quarter. Global Alpha Capital Management Ltd. boosted its holdings in shares of Sanmina by 8.5% in the 1st quarter. Global Alpha Capital Management Ltd. now owns 814,691 shares of the electronics maker’s stock valued at $62,063,000 after purchasing an additional 63,500 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in shares of Sanmina by 7.7% in the 1st quarter. Allianz Asset Management GmbH now owns 715,355 shares of the electronics maker’s stock valued at $54,496,000 after purchasing an additional 51,432 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Sanmina in the 1st quarter valued at $50,510,000. Finally, Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Sanmina by 7.6% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 478,208 shares of the electronics maker’s stock valued at $36,430,000 after purchasing an additional 33,966 shares in the last quarter. Institutional investors and hedge funds own 92.71% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on SANM. Bank of America raised their target price on Sanmina from $100.00 to $120.00 and gave the company a “neutral” rating in a report on Friday, July 11th. Wall Street Zen upgraded Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 30th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Sanmina has a consensus rating of “Hold” and an average target price of $94.50.

Sanmina Stock Performance

Shares of SANM opened at $113.59 on Tuesday. 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 stock has a 50-day moving average of $115.23 and a 200-day moving average of $95.64. The company has a market cap of $6.05 billion, a PE ratio of 24.32, a P/E/G ratio of 1.67 and a beta of 1.21. Sanmina Corporation has a one year low of $63.67 and a one year high of $125.76.

Sanmina (NASDAQ:SANM) last issued its earnings results on Monday, July 28th. The electronics maker reported $1.53 EPS for the quarter, beating the consensus estimate of $1.42 by $0.11. The company 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%.The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period last year, the business posted $1.25 EPS. Sanmina has set its Q4 2025 guidance at 1.520-1.620 EPS. On average, equities research analysts predict that Sanmina Corporation will post 5.15 EPS for the current fiscal 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.