Fisher Asset Management LLC Boosts Stock Position in Sanmina Corporation $SANM

Fisher Asset Management LLC grew its stake in Sanmina Corporation (NASDAQ:SANM) by 289.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 650,173 shares of the electronics maker’s stock after purchasing an additional 483,312 shares during the period. Fisher Asset Management LLC’s holdings in Sanmina were worth $97,571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Jefferies Financial Group Inc. purchased a new stake in shares of Sanmina in the fourth quarter valued at approximately $1,250,000. Legato Capital Management LLC purchased a new stake in shares of Sanmina in the fourth quarter valued at approximately $1,233,000. ProShare Advisors LLC grew its position in shares of Sanmina by 1.7% in the fourth quarter. ProShare Advisors LLC now owns 10,476 shares of the electronics maker’s stock valued at $1,572,000 after purchasing an additional 176 shares in the last quarter. Chase Investment Counsel Corp grew its position in shares of Sanmina by 5.3% in the fourth quarter. Chase Investment Counsel Corp now owns 26,621 shares of the electronics maker’s stock valued at $3,995,000 after purchasing an additional 1,330 shares in the last quarter. Finally, Leuthold Group LLC grew its position in shares of Sanmina by 0.4% in the fourth quarter. Leuthold Group LLC now owns 37,660 shares of the electronics maker’s stock valued at $5,652,000 after purchasing an additional 168 shares in the last quarter. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

Sanmina Price Performance

Shares of SANM opened at $246.44 on Tuesday. The firm has a market cap of $13.21 billion, a P/E ratio of 52.10, a price-to-earnings-growth ratio of 0.95 and a beta of 1.51. Sanmina Corporation has a 12-month low of $82.45 and a 12-month high of $255.21. The company’s 50-day moving average price is $176.76 and its 200 day moving average price is $162.51. The company has a current ratio of 1.71, a quick ratio of 1.03 and a debt-to-equity ratio of 0.77.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.74. The firm had revenue of $4.01 billion for the quarter, compared to analyst estimates of $3.28 billion. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. Sanmina’s revenue was up 102.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.16 EPS. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. On average, sell-side analysts forecast that Sanmina Corporation will post 9.36 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on SANM. Susquehanna began coverage on Sanmina in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price target for the company. Argus raised their target price on Sanmina to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. JPMorgan Chase & Co. began coverage on Sanmina in a research note on Monday, March 30th. They set a “neutral” rating and a $145.00 target price for the company. Wall Street Zen cut Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Weiss Ratings cut Sanmina from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $150.00.

Insider Transactions at Sanmina

In related news, CEO Jure Sola sold 118,368 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $228.84, for a total value of $27,087,333.12. Following the sale, the chief executive officer owned 1,227,573 shares in the company, valued at approximately $280,917,805.32. The trade was a 8.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David V. Hedley III sold 500 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $219.52, for a total value of $109,760.00. Following the completion of the sale, the director owned 7,376 shares in the company, valued at $1,619,179.52. This represents a 6.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 146,433 shares of company stock valued at $33,021,275. Corporate insiders own 3.10% of the company’s stock.

Sanmina Profile

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.