Two Sigma Securities LLC Purchases New Shares in Sanmina Corporation $SANM

Two Sigma Securities LLC purchased a new position in Sanmina Corporation (NASDAQ:SANM) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,593 shares of the electronics maker’s stock, valued at approximately $3,946,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Amundi purchased a new stake in shares of Sanmina in the first quarter valued at $391,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Sanmina by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,968 shares of the electronics maker’s stock worth $2,435,000 after purchasing an additional 1,387 shares during the period. United Services Automobile Association purchased a new position in shares of Sanmina during the 1st quarter worth about $256,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Sanmina by 10.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,287 shares of the electronics maker’s stock valued at $9,621,000 after purchasing an additional 12,061 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in Sanmina by 572.5% during the 1st quarter. Jane Street Group LLC now owns 79,846 shares of the electronics maker’s stock valued at $6,083,000 after purchasing an additional 67,973 shares during the last quarter. 92.71% of the stock is owned by hedge funds and other institutional investors.

Sanmina Stock Performance

NASDAQ SANM opened at $194.01 on Monday. Sanmina Corporation has a one year low of $110.44 and a one 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. The company has a market capitalization of $10.40 billion, a price-to-earnings ratio of 34.71, a price-to-earnings-growth ratio of 0.68 and a beta of 1.59. The company’s 50-day simple moving average is $209.27 and its two-hundred day simple moving average is $193.32.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.54. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The firm had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the prior year, the company earned $1.53 EPS. The company’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. Equities analysts forecast that Sanmina Corporation will post 10.41 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

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.