Rhumbline Advisers Raises Stock Position in Sanmina Corporation $SANM

Rhumbline Advisers grew its holdings in shares of Sanmina Corporation (NASDAQ:SANM) by 2.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 163,241 shares of the electronics maker’s stock after purchasing an additional 4,031 shares during the period. Rhumbline Advisers owned approximately 0.31% of Sanmina worth $18,791,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Navellier & Associates Inc. lifted its stake in shares of Sanmina by 24.1% during the third quarter. Navellier & Associates Inc. now owns 4,910 shares of the electronics maker’s stock worth $565,000 after buying an additional 952 shares during the period. Oppenheimer Asset Management Inc. raised its stake in Sanmina by 8.6% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 39,171 shares of the electronics maker’s stock worth $4,509,000 after acquiring an additional 3,117 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Sanmina by 39.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,637 shares of the electronics maker’s stock worth $186,000 after acquiring an additional 462 shares during the last quarter. Savant Capital LLC lifted its position in Sanmina by 7.0% during the 3rd quarter. Savant Capital LLC now owns 2,884 shares of the electronics maker’s stock worth $332,000 after acquiring an additional 189 shares during the period. Finally, Allianz Asset Management GmbH grew its stake in Sanmina by 3.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 776,604 shares of the electronics maker’s stock valued at $89,395,000 after purchasing an additional 27,384 shares during the last quarter. Hedge funds and other institutional investors own 92.71% of the company’s stock.

Insider Activity at Sanmina

In other Sanmina news, EVP Alan Mcwilliams Reid sold 3,500 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $148.45, for a total transaction of $519,575.00. Following the transaction, the executive vice president directly owned 33,981 shares of the company’s stock, valued at $5,044,479.45. This trade represents a 9.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Vishnu Venkatesh sold 692 shares of Sanmina stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $149.22, for a total transaction of $103,260.24. Following the completion of the sale, the insider owned 23,500 shares in the company, valued at approximately $3,506,670. This trade represents a 2.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.10% of the company’s stock.

Sanmina Stock Up 0.6%

SANM stock opened at $146.70 on Wednesday. Sanmina Corporation has a one year low of $63.67 and a one year high of $185.29. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.04 and a current ratio of 1.70. The firm’s fifty day moving average is $156.78 and its 200 day moving average is $141.12. The firm has a market cap of $8.01 billion, a PE ratio of 35.01, a P/E/G ratio of 0.66 and a beta of 1.04.

Sanmina (NASDAQ:SANM) last posted its earnings results on Monday, January 26th. The electronics maker reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.23. The business had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.09 billion. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The company’s revenue for the quarter was up 59.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.16 EPS. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. On average, research analysts forecast that Sanmina Corporation will post 5.15 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Argus raised their price objective on Sanmina to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Finally, Wall Street Zen downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 16th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $160.00.

Sanmina Profile

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.