Dimensional Fund Advisors LP Decreases Stock Position in Sanmina Corporation $SANM

Dimensional Fund Advisors LP cut its holdings in Sanmina Corporation (NASDAQ:SANM) by 17.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,489,207 shares of the electronics maker’s stock after selling 542,201 shares during the quarter. Dimensional Fund Advisors LP owned 4.67% of Sanmina worth $286,524,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SANM. Invesco Ltd. increased its holdings in shares of Sanmina by 42.4% in the 2nd quarter. Invesco Ltd. now owns 1,251,678 shares of the electronics maker’s stock worth $122,452,000 after purchasing an additional 372,829 shares in the last quarter. Frontier Capital Management Co. LLC lifted its holdings in shares of Sanmina by 20.9% during the second quarter. Frontier Capital Management Co. LLC now owns 1,231,884 shares of the electronics maker’s stock valued at $120,515,000 after purchasing an additional 213,025 shares in the last quarter. Global Alpha Capital Management Ltd. boosted its position in shares of Sanmina by 6.7% during the second quarter. Global Alpha Capital Management Ltd. now owns 868,891 shares of the electronics maker’s stock valued at $85,004,000 after buying an additional 54,200 shares during the last quarter. Allianz Asset Management GmbH boosted its position in shares of Sanmina by 3.7% during the third quarter. Allianz Asset Management GmbH now owns 776,604 shares of the electronics maker’s stock valued at $89,395,000 after buying an additional 27,384 shares during the last quarter. Finally, Norges Bank bought a new stake in Sanmina in the 2nd quarter worth about $63,671,000. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SANM has been the subject of a number of recent analyst reports. Zacks Research raised Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Argus raised their price target on shares of Sanmina to $200.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Finally, Wall Street Zen cut shares of Sanmina from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 16th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $160.00.

Insider Activity

In other news, Director David V. Hedley III sold 1,024 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $162.31, for a total transaction of $166,205.44. Following the sale, the director directly owned 6,340 shares in the company, valued at $1,029,045.40. This trade represents a 13.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Alan Mcwilliams Reid sold 3,500 shares of Sanmina 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 owned 33,981 shares in the company, valued at approximately $5,044,479.45. This trade represents a 9.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 15,291 shares of company stock valued at $2,393,988 over the last 90 days. Company insiders own 3.10% of the company’s stock.

Sanmina Trading Down 5.6%

Shares of NASDAQ:SANM opened at $123.00 on Friday. The stock has a 50 day moving average of $154.33 and a 200 day moving average of $143.30. The company has a market cap of $6.72 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 0.59 and a beta of 1.01. Sanmina Corporation has a 12-month low of $63.67 and a 12-month high of $185.29. The company has a current ratio of 1.70, a quick ratio of 1.04 and a debt-to-equity ratio of 0.75.

Sanmina (NASDAQ:SANM) last released its earnings results on Monday, January 26th. The electronics maker reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.23. The company 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 firm’s revenue was up 59.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.16 EPS. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. As a group, equities research analysts expect that Sanmina Corporation will post 5.15 EPS for the current year.

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.