Sanctuary Advisors LLC Acquires Shares of 4,039 Sanmina Corporation $SANM

by · The Cerbat Gem

Sanctuary Advisors LLC acquired a new stake in shares of Sanmina Corporation (NASDAQ:SANM – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,039 shares of the electronics maker’s stock, valued at approximately $1,022,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Danske Bank A S purchased a new position in shares of Sanmina in the second quarter worth $25,000. Caitong International Asset Management Co. Ltd purchased a new stake in Sanmina during the 3rd quarter valued at $26,000. Keating Financial Advisory Services Inc. purchased a new stake in Sanmina during the 2nd quarter valued at $31,000. N.E.W. Advisory Services LLC bought a new stake in Sanmina in the 2nd quarter worth $36,000. Finally, Employees Retirement System of Texas bought a new stake in Sanmina in the 4th quarter worth $39,000. Institutional investors own 92.71% of the company’s stock.

Analysts Set New Price Targets

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

View Our Latest Analysis on SANM

Sanmina Trading Up 2.4%

Shares of SANM opened at $203.35 on Friday. Sanmina Corporation has a 1-year low of $110.44 and a 1-year high of $288.68. The company has a current ratio of 1.78, a quick ratio of 1.06 and a debt-to-equity ratio of 0.71. The firm’s 50-day moving average price is $210.22 and its 200-day moving average price is $193.01. The firm has a market capitalization of $10.90 billion, a price-to-earnings ratio of 36.38, a PEG ratio of 0.70 and a beta of 1.59.

Sanmina (NASDAQ:SANM – Get Free Report) last released its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $3.40 billion. During the same period in the prior year, the firm earned $1.53 earnings per share. Sanmina’s revenue was up 69.7% on a year-over-year basis. 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 anticipate that Sanmina Corporation will post 10.41 EPS for the current year.

Sanmina Profile

(Free Report)

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.

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