Yousif Capital Management LLC Lowers Stake in Sanmina Corporation $SANM

Yousif Capital Management LLC cut its stake in Sanmina Corporation (NASDAQ:SANM) by 17.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,905 shares of the electronics maker’s stock after selling 3,740 shares during the period. Yousif Capital Management LLC’s holdings in Sanmina were worth $2,061,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its position in Sanmina by 265.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 365 shares of the electronics maker’s stock valued at $28,000 after buying an additional 265 shares during the period. TD Waterhouse Canada Inc. increased its position in shares of Sanmina by 27.2% during the second quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock worth $39,000 after acquiring an additional 85 shares during the period. Banque Transatlantique SA bought a new stake in shares of Sanmina during the first quarter valued at approximately $29,000. MAI Capital Management purchased a new stake in shares of Sanmina in the second quarter valued at approximately $41,000. Finally, Harbour Investments Inc. boosted its holdings in shares of Sanmina by 1,612.9% in the second quarter. Harbour Investments Inc. now owns 531 shares of the electronics maker’s stock valued at $52,000 after purchasing an additional 500 shares during the period. Institutional investors own 92.71% of the company’s stock.

Insiders Place Their Bets

In other Sanmina news, insider Vishnu Venkatesh sold 692 shares of Sanmina stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total value of $103,260.24. Following the transaction, the insider owned 23,500 shares in the company, valued at $3,506,670. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.22% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

SANM has been the topic of several research reports. Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Wall Street Zen downgraded Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Sanmina in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $120.00.

Sanmina Stock Performance

Shares of SANM stock opened at $154.34 on Monday. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 34.61, a PEG ratio of 0.75 and a beta of 1.03. Sanmina Corporation has a 52-week low of $63.67 and a 52-week high of $178.39. The company has a quick ratio of 1.02, a current ratio of 1.72 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average is $153.19 and its 200 day moving average is $126.17.

Sanmina (NASDAQ:SANM) last announced its earnings results on Monday, November 3rd. The electronics maker reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.10. Sanmina had a return on equity of 11.59% and a net margin of 3.03%.The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter last year, the firm earned $1.43 EPS. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. Sanmina has set its Q1 2026 guidance at 1.950-2.250 EPS. On average, sell-side analysts anticipate that Sanmina Corporation will post 5.15 EPS for the current fiscal year.

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.