Gallagher Fiduciary Advisors LLC Makes New $1.59 Million Investment in Sanmina Corporation $SANM

Gallagher Fiduciary Advisors LLC purchased a new stake in shares of Sanmina Corporation (NASDAQ:SANM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,268 shares of the electronics maker’s stock, valued at approximately $1,586,000.

A number of other large investors have also recently modified their holdings of the company. Danske Bank A S purchased a new position in Sanmina during the 2nd quarter worth $25,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Sanmina during the third quarter valued at $26,000. Keating Financial Advisory Services Inc. bought a new stake in shares of Sanmina in the second quarter valued at about $31,000. N.E.W. Advisory Services LLC purchased a new stake in Sanmina in the second quarter worth about $36,000. Finally, Employees Retirement System of Texas bought a new position in Sanmina during the 4th quarter worth about $39,000. Hedge funds and other institutional investors own 92.71% of the company’s stock.

Sanmina Trading Up 3.1%

Sanmina stock opened at $191.11 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.06 and a current ratio of 1.78. The stock has a market cap of $10.24 billion, a PE ratio of 34.19, a price-to-earnings-growth ratio of 0.65 and a beta of 1.59. The stock has a 50-day moving average of $211.87 and a two-hundred day moving average of $192.24. Sanmina Corporation has a one year low of $110.44 and a one year 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 business had revenue of $3.46 billion for the quarter, compared to analyst estimates of $3.40 billion. Sanmina had a return on equity of 19.08% and a net margin of 2.41%.The company’s revenue was up 69.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.53 earnings per share. 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, research analysts anticipate that Sanmina Corporation will post 10.41 EPS for the current fiscal year.

Analyst Ratings Changes

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

Insider Activity

In other news, CFO Jonathan P. Faust sold 10,076 shares of Sanmina stock in a transaction on Friday, May 29th. The shares were sold at an average price of $265.80, for a total transaction of $2,678,200.80. Following the completion of the sale, the chief financial officer directly owned 77,000 shares in the company, valued at approximately $20,466,600. The trade was a 11.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.10% of the company’s stock.

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.