Wellington Management Group LLP Purchases 169,016 Shares of Sanmina Corporation $SANM

Wellington Management Group LLP grew its holdings in Sanmina Corporation (NASDAQ:SANM) by 111.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 320,747 shares of the electronics maker’s stock after acquiring an additional 169,016 shares during the quarter. Wellington Management Group LLP’s holdings in Sanmina were worth $81,175,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its stake in 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 worth $3,831,000 after purchasing an additional 25,409 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Sanmina by 3.7% during the 4th quarter. Geode Capital Management LLC now owns 1,629,023 shares of the electronics maker’s stock worth $244,500,000 after purchasing an additional 58,529 shares in the last quarter. Legato Capital Management LLC acquired a new position in shares of Sanmina during the 4th quarter worth approximately $1,233,000. Fisher Asset Management LLC increased its holdings in shares of Sanmina by 289.6% during the fourth quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker’s stock worth $97,571,000 after purchasing an additional 483,312 shares during the period. Finally, Vaughan Nelson Investment Management L.P. increased its holdings in shares of Sanmina by 57.5% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 762,365 shares of the electronics maker’s stock worth $98,833,000 after purchasing an additional 278,465 shares during the period. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Sanmina Price Performance

SANM stock opened at $187.67 on Thursday. The company’s 50-day moving average price is $205.72 and its two-hundred day moving average price is $194.24. The firm has a market cap of $10.06 billion, a P/E ratio of 33.57, a P/E/G ratio of 0.66 and a beta of 1.60. The company has a quick ratio of 1.06, a current ratio of 1.78 and a debt-to-equity ratio of 0.71. Sanmina Corporation has a 12 month low of $110.44 and a 12 month high of $288.68.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings results on Monday, July 27th. The electronics maker reported $3.31 earnings per share for the quarter, topping analysts’ consensus estimates of $2.77 by $0.54. The company had revenue of $3.46 billion during the quarter, compared to the consensus estimate of $3.40 billion. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The firm’s quarterly revenue was up 69.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.53 EPS. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. On average, analysts anticipate that Sanmina Corporation will post 10.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.