Sanmina Corporation $SANM Stake Increased by Swiss National Bank

Swiss National Bank boosted its stake in Sanmina Corporation (NASDAQ:SANM) by 2.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,900 shares of the electronics maker’s stock after acquiring an additional 2,800 shares during the period. Swiss National Bank owned 0.20% of Sanmina worth $13,988,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. ANB Bank grew its holdings in Sanmina by 3.2% during the 1st quarter. ANB Bank now owns 1,645 shares of the electronics maker’s stock worth $213,000 after acquiring an additional 51 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of Sanmina by 2.1% in the 4th quarter. Park Avenue Securities LLC now owns 3,248 shares of the electronics maker’s stock valued at $487,000 after purchasing an additional 68 shares in the last quarter. Vise Technologies Inc. lifted its position in shares of Sanmina by 2.0% during the third quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock worth $417,000 after purchasing an additional 71 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its position in shares of Sanmina by 3.4% during the first quarter. Fifth Third Wealth Advisors LLC now owns 2,274 shares of the electronics maker’s stock worth $295,000 after purchasing an additional 75 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in Sanmina by 7.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,751 shares of the electronics maker’s stock worth $266,000 after purchasing an additional 114 shares in the last quarter. 92.71% of the stock is currently owned by institutional investors.

Insider Activity at Sanmina

In other news, EVP Alan Mcwilliams Reid sold 1,000 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $218.17, for a total transaction of $218,170.00. Following the completion of the transaction, the executive vice president owned 31,481 shares in the company, valued at approximately $6,868,209.77. This represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jure Sola sold 118,368 shares of the company’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $228.84, for a total transaction of $27,087,333.12. Following the transaction, the chief executive officer owned 1,227,573 shares of the company’s stock, valued at $280,917,805.32. This represents a 8.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 156,509 shares of company stock valued at $35,699,476. Company insiders own 3.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SANM. Wall Street Zen cut Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. JPMorgan Chase & Co. started coverage on shares of Sanmina in a research note on Monday, March 30th. They set a “neutral” rating and a $145.00 target price for the company. Zacks Research cut shares of Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Weiss Ratings upgraded shares of Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 15th. Finally, Susquehanna assumed coverage on shares of Sanmina in a report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price target for the company. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Sanmina currently has an average rating of “Hold” and a consensus price target of $160.00.

Sanmina Stock Down 4.6%

Shares of Sanmina stock opened at $208.43 on Friday. The stock has a market capitalization of $11.17 billion, a price-to-earnings ratio of 44.07, a PEG ratio of 0.80 and a beta of 1.56. Sanmina Corporation has a twelve month low of $95.49 and a twelve month high of $288.68. The company has a current ratio of 1.71, a quick ratio of 1.03 and a debt-to-equity ratio of 0.77. The business’s 50 day simple moving average is $236.49 and its 200-day simple moving average is $186.77.

Sanmina (NASDAQ:SANM) last released its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.74. The business had revenue of $4.01 billion during the quarter, compared to analyst estimates of $3.28 billion. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The business’s revenue for the quarter was up 102.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.16 EPS. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. Equities research analysts forecast that Sanmina Corporation will post 9.36 earnings per share for the current year.

About Sanmina

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.