Entropy Technologies LP Makes New Investment in Sanmina Corporation $SANM

Entropy Technologies LP purchased a new stake in Sanmina Corporation (NASDAQ:SANM) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,402 shares of the electronics maker’s stock, valued at approximately $571,000.

A number of other hedge funds have also modified their holdings of the business. ANB Bank raised its position in shares of Sanmina by 3.2% during the 1st quarter. ANB Bank now owns 1,645 shares of the electronics maker’s stock worth $213,000 after purchasing an additional 51 shares during the last quarter. PNC Financial Services Group Inc. grew 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 worth $562,000 after acquiring an additional 69 shares during the period. Vise Technologies Inc. increased its stake in Sanmina by 2.0% in the third 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 during the last quarter. Fifth Third Wealth Advisors LLC increased its stake in shares of Sanmina by 3.4% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,274 shares of the electronics maker’s stock valued at $295,000 after acquiring an additional 75 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its position in Sanmina by 7.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,751 shares of the electronics maker’s stock worth $266,000 after purchasing an additional 114 shares during the last quarter. 92.71% of the stock is owned by hedge funds and other institutional investors.

Sanmina Stock Down 5.0%

Shares of Sanmina stock opened at $163.85 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.78 and a debt-to-equity ratio of 0.71. The firm has a market cap of $8.78 billion, a P/E ratio of 29.31, a P/E/G ratio of 0.66 and a beta of 1.56. Sanmina Corporation has a fifty-two week low of $108.36 and a fifty-two week high of $288.68. The business has a 50-day moving average price of $233.78 and a 200 day moving average price of $187.63.

Sanmina (NASDAQ:SANM) last issued its earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share for the quarter, topping analysts’ consensus estimates of $2.77 by $0.54. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The company had revenue of $3.46 billion for the quarter, compared to analysts’ expectations of $3.40 billion. During the same period in the prior year, the company earned $1.53 earnings per share. The firm’s revenue was up 69.7% compared to the same quarter last year. 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, sell-side analysts forecast that Sanmina Corporation will post 9.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SANM has been the topic of a number of research analyst reports. Wall Street Zen lowered shares of Sanmina from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Susquehanna initiated coverage on Sanmina in a research note on Wednesday, April 1st. They set a “neutral” rating and a $135.00 price objective on the stock. Weiss Ratings upgraded shares of Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 15th. JPMorgan Chase & Co. reduced their target price on shares of Sanmina from $275.00 to $260.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Zacks Research downgraded shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Sanmina has a consensus rating of “Hold” and an average price target of $198.33.

Insider Buying and Selling

In related news, EVP Alan Mcwilliams Reid sold 1,000 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $218.17, for a total value of $218,170.00. Following the completion of the transaction, the executive vice president owned 31,481 shares in the company, valued at $6,868,209.77. This represents a 3.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Jure Sola sold 118,368 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $228.84, for a total transaction of $27,087,333.12. Following the completion of the transaction, the chief executive officer owned 1,227,573 shares of the company’s stock, valued at $280,917,805.32. This trade represents a 8.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 129,944 shares of company stock valued at $30,093,464 over the last quarter. Company insiders own 3.10% of the company’s stock.

More Sanmina News

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Sanmina reported fiscal Q3 adjusted earnings of $3.31 per share, well above the $2.77 consensus estimate, while revenue reached $3.46 billion and rose 69.7% year over year. Strong AI infrastructure, cloud and accelerated-computing demand helped drive the performance. SANM Q3 Earnings Beat Estimates on AI Demand, Strong Execution
• Positive Sentiment: Management raised fiscal 2026 guidance to $11.90–$12.20 in earnings per share and highlighted new customer wins, the ZT Systems integration and expanded manufacturing, automation and AI capabilities. The outlook suggests Sanmina is converting revenue growth into improved margins and profitability. Sanmina Q3 Earnings Call Signals AI Infrastructure Growth Strategy
• Neutral Sentiment: Several analyses remain constructive, arguing that Sanmina could benefit from the multiyear AI infrastructure buildout. However, investors are questioning whether much of that growth is already reflected in the stock price, increasing the risk of profit-taking after the earnings announcement. Sanmina: Market Misses The Forest For The Trees (Rating Upgrade)
• Negative Sentiment: JPMorgan lowered its price target from $275 to $260 and maintained a neutral rating. Although the new target implies substantial potential upside from the current level, the move signals that the firm sees valuation or execution risks after the stock’s sharp run-up. JPMorgan Sanmina Price Target Update
• Negative Sentiment: Sanmina’s stock has experienced a sharp selloff even after beating estimates and raising guidance. GuruFocus also characterized the shares as overvalued, reinforcing concerns that expectations for AI-related growth were too aggressive and that the earnings beat was insufficient to support the valuation. Sanmina Shares Fall as GF Value Says Still Overvalued

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.