Dimensional Fund Advisors LP Sells 93,821 Shares of Sanmina Corporation $SANM

Dimensional Fund Advisors LP lessened its holdings in shares of Sanmina Corporation (NASDAQ:SANM) by 4.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,177,163 shares of the electronics maker’s stock after selling 93,821 shares during the period. Dimensional Fund Advisors LP’s holdings in Sanmina were worth $282,230,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Caitong International Asset Management Co. Ltd purchased a new stake in Sanmina in the 3rd quarter worth approximately $26,000. Employees Retirement System of Texas purchased a new position in shares of Sanmina during the fourth quarter valued at approximately $39,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Sanmina by 182.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 339 shares of the electronics maker’s stock valued at $51,000 after acquiring an additional 219 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Sanmina by 235.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 369 shares of the electronics maker’s stock valued at $55,000 after acquiring an additional 259 shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in Sanmina in the fourth quarter worth $60,000. Institutional investors own 92.71% of the company’s stock.

Sanmina Price Performance

Shares of SANM stock opened at $217.36 on Thursday. The stock has a market cap of $11.65 billion, a price-to-earnings ratio of 45.95, a PEG ratio of 0.84 and a beta of 1.56. The business’s fifty day moving average is $237.50 and its 200 day moving average is $186.20. Sanmina Corporation has a twelve month low of $95.49 and a twelve month high of $288.68. The company has a quick ratio of 1.03, a current ratio of 1.71 and a debt-to-equity ratio of 0.77.

Sanmina (NASDAQ:SANM) last announced its quarterly earnings data 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 return on equity of 16.23% and a net margin of 2.29%.The business had revenue of $4.01 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same quarter last year, the firm posted $1.16 earnings per share. The company’s revenue for the quarter was up 102.3% on a year-over-year basis. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. Research analysts expect that Sanmina Corporation will post 9.36 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Alan Mcwilliams Reid sold 1,000 shares of Sanmina stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $218.17, for a total transaction 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. This trade represents a 3.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of Sanmina stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the transaction, the director directly owned 27,809 shares of the company’s stock, valued at approximately $5,868,533.27. This trade represents a 48.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 156,509 shares of company stock worth $35,699,476 over the last 90 days. Corporate insiders own 3.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SANM. Weiss Ratings upgraded shares of Sanmina from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 15th. Susquehanna assumed coverage on shares of Sanmina in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 target price for the company. Zacks Research lowered shares of Sanmina from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Wall Street Zen downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Finally, JPMorgan Chase & Co. began coverage on shares of Sanmina in a research note on Monday, March 30th. They issued a “neutral” rating and a $145.00 price target for the company. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $160.00.

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.