American Century Companies Inc. Trims Stake in Sanmina Corporation $SANM

American Century Companies Inc. lessened its stake in Sanmina Corporation (NASDAQ:SANM) by 32.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 424,996 shares of the electronics maker’s stock after selling 205,780 shares during the period. American Century Companies Inc. owned approximately 0.80% of Sanmina worth $41,577,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Invesco Ltd. lifted its position in Sanmina by 22.7% in the first 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 during the last quarter. Global Alpha Capital Management Ltd. grew its stake in shares of Sanmina by 6.7% in the 2nd quarter. Global Alpha Capital Management Ltd. now owns 868,891 shares of the electronics maker’s stock worth $85,004,000 after buying an additional 54,200 shares during the last quarter. Allianz Asset Management GmbH raised its position in shares of Sanmina by 4.7% in the 2nd quarter. Allianz Asset Management GmbH now owns 749,220 shares of the electronics maker’s stock worth $73,296,000 after purchasing an additional 33,865 shares during the last quarter. Nuveen LLC bought a new stake in shares of Sanmina during the first quarter valued at approximately $50,510,000. Finally, Fuller & Thaler Asset Management Inc. boosted its position in shares of Sanmina by 7.6% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 478,208 shares of the electronics maker’s stock valued at $36,430,000 after buying an additional 33,966 shares during the last quarter. 92.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on SANM. Wall Street Zen cut Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Sanmina in a research report on Wednesday, October 8th. Finally, Zacks Research raised Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $120.00.

Sanmina Trading Up 0.4%

SANM opened at $156.24 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.91 and a debt-to-equity ratio of 0.12. The stock’s fifty day moving average is $139.55 and its two-hundred day moving average is $115.69. The company has a market capitalization of $8.53 billion, a P/E ratio of 33.46, a PEG ratio of 1.43 and a beta of 1.17. Sanmina Corporation has a 52 week low of $63.67 and a 52 week high of $178.39.

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

Sanmina Company 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.