Sanmina Corporation $SANM Shares Acquired by SummerHaven Investment Management LLC

SummerHaven Investment Management LLC increased its position in shares of Sanmina Corporation (NASDAQ:SANM) by 1.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,898 shares of the electronics maker’s stock after acquiring an additional 189 shares during the quarter. Sanmina accounts for about 0.8% of SummerHaven Investment Management LLC’s holdings, making the stock its 23rd largest position. SummerHaven Investment Management LLC’s holdings in Sanmina were worth $1,164,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SANM. Nuveen LLC acquired a new stake in shares of Sanmina during the first quarter valued at approximately $50,510,000. Invesco Ltd. raised its holdings in shares of Sanmina by 22.7% during the first quarter. Invesco Ltd. now owns 878,849 shares of the electronics maker’s stock valued at $66,951,000 after acquiring an additional 162,465 shares during the period. GAMMA Investing LLC raised its holdings in shares of Sanmina by 10,112.8% during the first quarter. GAMMA Investing LLC now owns 131,030 shares of the electronics maker’s stock valued at $9,982,000 after acquiring an additional 129,747 shares during the period. Algert Global LLC acquired a new stake in shares of Sanmina during the first quarter valued at approximately $6,863,000. Finally, Beacon Harbor Wealth Advisors Inc. acquired a new stake in shares of Sanmina during the first quarter valued at approximately $5,524,000. Institutional investors and hedge funds own 92.71% of the company’s stock.

Wall Street Analyst Weigh In

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

Sanmina Stock Up 0.9%

Sanmina stock opened at $114.11 on Monday. The firm has a market cap of $6.08 billion, a PE ratio of 24.43, a P/E/G ratio of 1.67 and a beta of 1.21. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.91. The firm’s 50 day moving average price is $115.00 and its two-hundred day moving average price is $95.38. Sanmina Corporation has a twelve month low of $63.67 and a twelve month high of $125.76.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings results on Monday, July 28th. The electronics maker reported $1.53 EPS for the quarter, topping the consensus estimate of $1.42 by $0.11. Sanmina had a net margin of 3.22% and a return on equity of 11.30%. The company had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.98 billion. During the same quarter in the prior year, the business posted $1.25 EPS. Sanmina’s quarterly revenue was up 10.9% on a year-over-year basis. Sanmina has set its Q4 2025 guidance at 1.520-1.620 EPS. On average, research analysts predict that Sanmina Corporation will post 5.15 EPS for the current fiscal year.

Sanmina 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.