67,720 Shares in Sanmina Corporation $SANM Acquired by Jupiter Topco LLC

Jupiter Topco LLC purchased a new stake in Sanmina Corporation (NASDAQ:SANM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 67,720 shares of the electronics maker’s stock, valued at approximately $17,141,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Danske Bank A S acquired a new stake in shares of Sanmina during the 2nd quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Sanmina during the 3rd quarter valued at $26,000. Keating Financial Advisory Services Inc. bought a new position in Sanmina during the second quarter worth $31,000. N.E.W. Advisory Services LLC bought a new position in Sanmina during the second quarter worth $36,000. Finally, Employees Retirement System of Texas acquired a new stake in Sanmina in the fourth quarter worth $39,000. 92.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Sanmina Stock Down 4.6%

Sanmina stock opened at $194.01 on Friday. The firm has a market capitalization of $10.40 billion, a price-to-earnings ratio of 34.71, a price-to-earnings-growth ratio of 0.68 and a beta of 1.59. The firm’s fifty day moving average price is $209.27 and its two-hundred day moving average price is $193.02. Sanmina Corporation has a 1-year low of $110.44 and a 1-year high of $288.68. The company has a current ratio of 1.78, a quick ratio of 1.06 and a debt-to-equity ratio of 0.71.

Sanmina (NASDAQ:SANM) last posted its 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. Sanmina had a net margin of 2.41% and a return on equity of 19.08%. The company had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter in the prior year, the business posted $1.53 EPS. The firm’s revenue was up 69.7% compared to the same quarter last year. 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, equities research analysts predict that Sanmina Corporation will post 10.41 earnings per share 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.