Police & Firemen s Retirement System of New Jersey Boosts Stock Holdings in Sanmina Corporation $SANM

Police & Firemen s Retirement System of New Jersey boosted its position in Sanmina Corporation (NASDAQ:SANM) by 3.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,831 shares of the electronics maker’s stock after purchasing an additional 392 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Sanmina were worth $1,157,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Nuveen LLC purchased a new position in shares of Sanmina during the 1st quarter worth approximately $50,510,000. Invesco Ltd. raised its position in Sanmina by 22.7% in the first quarter. Invesco Ltd. now owns 878,849 shares of the electronics maker’s stock worth $66,951,000 after acquiring an additional 162,465 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Sanmina by 106.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 205,463 shares of the electronics maker’s stock valued at $20,236,000 after acquiring an additional 105,736 shares during the period. Algert Global LLC acquired a new stake in Sanmina in the first quarter valued at $6,863,000. Finally, Beacon Harbor Wealth Advisors Inc. purchased a new stake in shares of Sanmina during the 1st quarter worth $5,524,000. Institutional investors and hedge funds own 92.71% of the company’s stock.

Sanmina Price Performance

Sanmina stock opened at $146.88 on Friday. The firm has a market capitalization of $8.01 billion, a PE ratio of 31.45, a P/E/G ratio of 1.43 and a beta of 1.17. Sanmina Corporation has a 52 week low of $63.67 and a 52 week high of $178.39. The firm’s 50-day simple moving average is $135.85 and its 200 day simple moving average is $113.10. The company has a quick ratio of 1.21, a current ratio of 1.91 and a debt-to-equity ratio of 0.12.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on SANM shares. Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Wall Street Zen cut shares of Sanmina from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Sanmina in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “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.