Sanmina Corporation $SANM Shares Sold by Earnest Partners LLC

Earnest Partners LLC reduced its holdings in Sanmina Corporation (NASDAQ:SANM) by 4.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 983,535 shares of the electronics maker’s stock after selling 43,230 shares during the period. Earnest Partners LLC owned about 1.85% of Sanmina worth $113,215,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SANM. Optiver Holding B.V. grew its stake in Sanmina by 36.6% in the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 59 shares during the period. Root Financial Partners LLC acquired a new position in Sanmina during the third quarter worth $34,000. TD Waterhouse Canada Inc. lifted its holdings in Sanmina by 27.2% during the second quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock valued at $39,000 after purchasing an additional 85 shares in the last quarter. MAI Capital Management purchased a new position in Sanmina during the second quarter valued at $41,000. Finally, Salomon & Ludwin LLC acquired a new stake in shares of Sanmina in the third quarter valued at about $41,000. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Sanmina Price Performance

Shares of NASDAQ SANM opened at $125.20 on Friday. The firm has a 50-day simple moving average of $151.58 and a 200-day simple moving average of $143.95. The company has a quick ratio of 1.04, a current ratio of 1.70 and a debt-to-equity ratio of 0.75. The stock has a market capitalization of $6.84 billion, a price-to-earnings ratio of 29.88, a price-to-earnings-growth ratio of 0.57 and a beta of 1.01. Sanmina Corporation has a 52 week low of $63.67 and a 52 week high of $185.29.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.23. The company had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. Sanmina’s revenue was up 59.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.16 EPS. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. On average, equities analysts predict that Sanmina Corporation will post 5.15 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. Argus lifted their price objective on Sanmina to $200.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Finally, Wall Street Zen lowered Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 16th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $160.00.

Insider Buying and Selling

In other news, CFO Jonathan P. Faust sold 10,075 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $159.30, for a total value of $1,604,947.50. Following the completion of the sale, the chief financial officer directly owned 87,076 shares in the company, valued at $13,871,206.80. This represents a 10.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Alan Mcwilliams Reid sold 3,500 shares of Sanmina stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $148.45, for a total value of $519,575.00. Following the transaction, the executive vice president owned 33,981 shares in the company, valued at approximately $5,044,479.45. The trade was a 9.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 15,291 shares of company stock valued at $2,393,988 over the last ninety days. 3.10% of the stock is currently owned by company 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.