Versor Investments LP Takes Position in Sanmina Corporation $SANM

Versor Investments LP acquired a new position in Sanmina Corporation (NASDAQ:SANM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,078 shares of the electronics maker’s stock, valued at approximately $301,000.

Other hedge funds have also bought and sold shares of the company. Sequoia Financial Advisors LLC purchased a new position in shares of Sanmina in the second quarter valued at $234,000. Redhawk Wealth Advisors Inc. bought a new position in Sanmina in the 2nd quarter worth about $1,693,000. First Citizens Bank & Trust Co. grew its holdings in Sanmina by 198.1% during the 2nd quarter. First Citizens Bank & Trust Co. now owns 8,430 shares of the electronics maker’s stock valued at $825,000 after buying an additional 5,602 shares in the last quarter. New York State Teachers Retirement System increased its position in shares of Sanmina by 15.5% during the second quarter. New York State Teachers Retirement System now owns 37,766 shares of the electronics maker’s stock valued at $3,695,000 after buying an additional 5,066 shares during the period. Finally, Strs Ohio bought a new stake in shares of Sanmina during the first quarter valued at about $1,196,000. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Sanmina Trading Down 3.0%

Shares of SANM opened at $172.51 on Friday. Sanmina Corporation has a 1-year low of $63.67 and a 1-year high of $178.39. The company has a market capitalization of $9.19 billion, a P/E ratio of 36.94, a P/E/G ratio of 1.43 and a beta of 1.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.91 and a quick ratio of 1.21. The firm’s 50 day simple moving average is $126.70 and its 200 day simple moving average is $106.86.

Sanmina (NASDAQ:SANM) last released its quarterly earnings results on Monday, November 3rd. The electronics maker reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.10. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.05 billion. Sanmina had a net margin of 3.22% and a return on equity of 11.30%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.43 EPS. Sanmina has set its Q1 2026 guidance at 1.950-2.250 EPS. Sell-side analysts forecast that Sanmina Corporation will post 5.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Wall Street Zen lowered shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. Finally, Bank of America boosted their price target on shares of Sanmina from $100.00 to $120.00 and gave the company a “neutral” rating in a research report on Friday, July 11th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.00.

Sanmina Company 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.