Quantbot Technologies LP Invests $2.54 Million in Sanmina Corporation $SANM

Quantbot Technologies LP bought a new stake in Sanmina Corporation (NASDAQ:SANM) during the 2nd quarter, HoldingsChannel reports. The fund bought 10,015 shares of the electronics maker’s stock, valued at approximately $2,535,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SANM. BlackRock Inc. acquired a new stake in Sanmina in the second quarter valued at about $1,390,702,000. Invesco Ltd. raised its stake in shares of Sanmina by 74.6% during the 3rd quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker’s stock worth $251,590,000 after buying an additional 933,974 shares in the last quarter. Norges Bank purchased a new position in shares of Sanmina during the 4th quarter worth approximately $101,751,000. Fisher Asset Management LLC lifted its holdings in shares of Sanmina by 289.6% in the 4th quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker’s stock valued at $97,571,000 after buying an additional 483,312 shares during the period. Finally, Marshall Wace LLP lifted its holdings in shares of Sanmina by 520.3% in the 4th quarter. Marshall Wace LLP now owns 428,519 shares of the electronics maker’s stock valued at $64,308,000 after buying an additional 359,441 shares during the period. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Sanmina Stock Performance

Shares of SANM stock opened at $188.89 on Monday. The stock has a fifty day moving average price of $214.52 and a 200 day moving average price of $191.70. The stock has a market cap of $10.12 billion, a PE ratio of 33.79, a P/E/G ratio of 0.66 and a beta of 1.59. Sanmina Corporation has a 1 year low of $110.44 and a 1 year high of $288.68. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.06 and a current ratio of 1.78.

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

Analyst Upgrades and Downgrades

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

Insider Activity at Sanmina

In related news, CFO Jonathan P. Faust sold 10,076 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $265.80, for a total value of $2,678,200.80. Following the sale, the chief financial officer directly owned 77,000 shares in the company, valued at $20,466,600. The trade was a 11.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.10% of the stock is owned by corporate insiders.

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.