American Century Companies Inc. Lowers Holdings in Sanmina Corporation $SANM

American Century Companies Inc. cut its holdings in Sanmina Corporation (NASDAQ:SANM) by 24.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 319,700 shares of the electronics maker’s stock after selling 105,296 shares during the quarter. American Century Companies Inc. owned 0.60% of Sanmina worth $36,801,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. TIAA Trust National Association boosted its holdings in shares of Sanmina by 5.7% in the third quarter. TIAA Trust National Association now owns 3,600 shares of the electronics maker’s stock worth $414,000 after buying an additional 195 shares during the last quarter. Choreo LLC lifted its position in Sanmina by 36.4% during the third quarter. Choreo LLC now owns 4,945 shares of the electronics maker’s stock valued at $569,000 after purchasing an additional 1,319 shares in the last quarter. Brucke Financial Inc. bought a new stake in Sanmina during the third quarter valued at about $183,000. Intech Investment Management LLC increased its position in Sanmina by 7.9% in the third quarter. Intech Investment Management LLC now owns 59,492 shares of the electronics maker’s stock worth $6,848,000 after buying an additional 4,377 shares in the last quarter. Finally, Optiver Holding B.V. boosted its holdings in Sanmina by 36.6% in the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock worth $25,000 after buying an additional 59 shares during the period. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Sanmina Price Performance

Sanmina stock opened at $123.00 on Friday. Sanmina Corporation has a 52-week low of $63.67 and a 52-week high of $185.29. The company has a quick ratio of 1.04, a current ratio of 1.70 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $6.72 billion, a price-to-earnings ratio of 29.36, a PEG ratio of 0.59 and a beta of 1.01. The company has a fifty day simple moving average of $154.33 and a 200-day simple moving average of $143.30.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on SANM. Argus upped their target price on shares of Sanmina to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. Finally, Wall Street Zen lowered shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. One research 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 stock. According to data from MarketBeat.com, Sanmina has an average rating of “Buy” and an average target price of $160.00.

Insider Activity

In other Sanmina news, EVP Alan Mcwilliams Reid sold 3,500 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $148.45, for a total transaction of $519,575.00. Following the completion of the sale, the executive vice president 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jonathan P. Faust sold 10,075 shares of Sanmina stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $159.30, for a total value of $1,604,947.50. Following the completion of the sale, the chief financial officer owned 87,076 shares in the company, valued at $13,871,206.80. This represents a 10.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 15,291 shares of company stock worth $2,393,988 in the last 90 days. 3.10% of the stock is owned by corporate insiders.

Sanmina Company 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.