Trail Ridge Investment Advisors LLC Makes New $871,000 Investment in Sanmina Corporation $SANM

Trail Ridge Investment Advisors LLC purchased a new position in Sanmina Corporation (NASDAQ:SANM) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,442 shares of the electronics maker’s stock, valued at approximately $871,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. ANB Bank boosted its stake in shares of Sanmina by 3.2% during the first quarter. ANB Bank now owns 1,645 shares of the electronics maker’s stock valued at $213,000 after acquiring an additional 51 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Sanmina by 5.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,048 shares of the electronics maker’s stock valued at $136,000 after purchasing an additional 54 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Sanmina by 1.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,337 shares of the electronics maker’s stock valued at $562,000 after purchasing an additional 69 shares during the last quarter. Vise Technologies Inc. lifted its holdings in Sanmina by 2.0% in the 3rd quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock valued at $417,000 after purchasing an additional 71 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC lifted its holdings in Sanmina by 3.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,274 shares of the electronics maker’s stock valued at $295,000 after purchasing an additional 75 shares in the last quarter. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SANM. Weiss Ratings cut shares of Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 18th. JPMorgan Chase & Co. reduced their price objective on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Finally, Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $198.33.

Sanmina Stock Down 1.8%

SANM opened at $185.41 on Tuesday. Sanmina Corporation has a 12 month low of $110.44 and a 12 month high of $288.68. The business has a 50-day moving average of $213.03 and a two-hundred day moving average of $191.92. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.78 and a quick ratio of 1.06. The stock has a market capitalization of $9.94 billion, a price-to-earnings ratio of 33.17, a price-to-earnings-growth ratio of 0.66 and a beta of 1.59.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, July 27th. The electronics maker reported $3.31 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.54. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The business had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same period in the prior year, the firm posted $1.53 EPS. The company’s revenue was up 69.7% on a year-over-year basis. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. On average, research analysts expect that Sanmina Corporation will post 10.41 earnings per share for the current year.

Insider Buying and Selling

In other Sanmina news, CFO Jonathan P. Faust sold 10,076 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $265.80, for a total transaction of $2,678,200.80. Following the transaction, the chief financial officer owned 77,000 shares of the company’s stock, valued at $20,466,600. This trade represents a 11.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.10% of the company’s stock.

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.