Sanmina Corporation $SANM Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its position in shares of Sanmina Corporation (NASDAQ:SANM) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 21,645 shares of the electronics maker’s stock after selling 173 shares during the quarter. Yousif Capital Management LLC’s holdings in Sanmina were worth $2,118,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of SANM. Northwestern Mutual Wealth Management Co. boosted its position in Sanmina by 265.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 365 shares of the electronics maker’s stock worth $28,000 after acquiring an additional 265 shares during the last quarter. Banque Transatlantique SA purchased a new stake in shares of Sanmina during the 1st quarter valued at $29,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Sanmina by 200.0% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 405 shares of the electronics maker’s stock valued at $31,000 after buying an additional 270 shares during the period. Quarry LP grew its stake in shares of Sanmina by 5,883.3% during the 1st quarter. Quarry LP now owns 718 shares of the electronics maker’s stock valued at $55,000 after buying an additional 706 shares during the period. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Sanmina during the 1st quarter valued at $90,000. Institutional investors and hedge funds own 92.71% of the company’s stock.

Sanmina Stock Performance

NASDAQ:SANM opened at $129.25 on Friday. The company has a current ratio of 1.91, a quick ratio of 1.21 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $6.89 billion, a price-to-earnings ratio of 27.68, a PEG ratio of 1.34 and a beta of 1.19. The firm’s fifty day simple moving average is $119.49 and its 200 day simple moving average is $100.20. Sanmina Corporation has a twelve month low of $63.67 and a twelve month high of $160.25.

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on SANM shares. Weiss Ratings reissued a “buy (b)” rating on shares of Sanmina in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Finally, Bank of America boosted 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. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Sanmina has an average rating of “Hold” and an average price target of $94.50.

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.