Legato Capital Management LLC Invests $1.23 Million in Sanmina Corporation $SANM

Legato Capital Management LLC bought a new position in shares of Sanmina Corporation (NASDAQ:SANM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 8,213 shares of the electronics maker’s stock, valued at approximately $1,233,000.

A number of other hedge funds also recently modified their holdings of SANM. Optiver Holding B.V. lifted its stake in shares of Sanmina by 36.6% during the 3rd quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock worth $25,000 after buying an additional 59 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Sanmina during the 3rd quarter worth about $26,000. Root Financial Partners LLC acquired a new stake in shares of Sanmina during the 3rd quarter worth about $34,000. Federated Hermes Inc. lifted its stake in shares of Sanmina by 88.6% during the 3rd quarter. Federated Hermes Inc. now owns 464 shares of the electronics maker’s stock worth $53,000 after buying an additional 218 shares during the last quarter. Finally, TD Waterhouse Canada Inc. lifted its stake in shares of Sanmina by 40.5% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 559 shares of the electronics maker’s stock worth $65,000 after buying an additional 161 shares during the last quarter. Institutional investors and hedge funds own 92.71% of the company’s stock.

Insider Activity at Sanmina

In other Sanmina news, EVP Alan Mcwilliams Reid sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $218.17, for a total transaction of $218,170.00. Following the sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the sale, the director directly owned 27,809 shares in the company, valued at $5,868,533.27. The trade was a 48.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 157,532 shares of company stock worth $34,792,428 in the last ninety days. Insiders own 3.10% of the company’s stock.

Sanmina Price Performance

NASDAQ:SANM opened at $246.44 on Monday. Sanmina Corporation has a 52 week low of $82.45 and a 52 week high of $255.21. The firm has a market cap of $13.21 billion, a price-to-earnings ratio of 52.10, a P/E/G ratio of 0.95 and a beta of 1.51. The firm’s 50-day simple moving average is $174.36 and its 200 day simple moving average is $161.93. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.03 and a current ratio of 1.71.

Sanmina (NASDAQ:SANM) last released its quarterly earnings results on Monday, April 27th. The electronics maker reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.74. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The business had revenue of $4.01 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the firm earned $1.16 earnings per share. Sanmina’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. As a group, sell-side analysts predict that Sanmina Corporation will post 9.36 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on SANM. Argus raised their target price on shares of Sanmina to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Susquehanna initiated coverage on shares of Sanmina in a research report on Wednesday, April 1st. They set a “neutral” rating and a $135.00 price target on the stock. JPMorgan Chase & Co. initiated coverage on shares of Sanmina in a research report on Monday, March 30th. They set a “neutral” rating and a $145.00 price target on the stock. Weiss Ratings lowered shares of Sanmina from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 13th. Finally, Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $150.00.

Sanmina Company 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.