Jefferies Financial Group Inc. Makes New Investment in Sanmina Corporation $SANM

Jefferies Financial Group Inc. purchased a new position in shares of Sanmina Corporation (NASDAQ:SANM) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,331 shares of the electronics maker’s stock, valued at approximately $1,250,000.

Other institutional investors have also recently bought and sold shares of the company. Legato Capital Management LLC bought a new stake in shares of Sanmina in the 4th quarter valued at approximately $1,233,000. ProShare Advisors LLC grew its stake in shares of Sanmina by 1.7% in the 4th 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 during the period. Chase Investment Counsel Corp grew its stake in shares of Sanmina by 5.3% in the 4th 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 during the period. Leuthold Group LLC grew its stake in shares of Sanmina by 0.4% in the 4th 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 during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Sanmina by 21,174.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 25,529 shares of the electronics maker’s stock valued at $3,831,000 after purchasing an additional 25,409 shares during the period. Institutional investors and hedge funds own 92.71% of the company’s stock.

Sanmina Stock Up 0.5%

Shares of NASDAQ:SANM opened at $263.23 on Friday. Sanmina Corporation has a 52 week low of $82.45 and a 52 week high of $270.49. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.03 and a current ratio of 1.71. The company’s fifty day moving average is $184.98 and its 200-day moving average is $164.37. The company has a market capitalization of $14.11 billion, a PE ratio of 55.65, a P/E/G ratio of 1.00 and a beta of 1.51.

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

Insiders Place Their Bets

In related news, EVP Alan Mcwilliams Reid sold 1,000 shares of Sanmina stock in a transaction dated Friday, May 1st. The stock was 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 directly owned 31,481 shares of the company’s stock, valued at $6,868,209.77. The trade was a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David V. Hedley III sold 500 shares of Sanmina stock in a transaction dated 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 transaction, the director directly owned 7,376 shares of the company’s stock, valued at $1,619,179.52. This represents a 6.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 146,433 shares of company stock valued at $33,021,275. 3.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

SANM has been the topic of several analyst reports. Susquehanna initiated coverage on Sanmina in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on shares of Sanmina in a research note on Monday, March 30th. They issued a “neutral” rating and a $145.00 target price on the stock. Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Weiss Ratings downgraded shares of Sanmina from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 13th. Finally, Wall Street Zen downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $150.00.

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.