Public Employees Retirement System of Ohio Makes New $3.98 Million Investment in Sanmina Corporation $SANM

Public Employees Retirement System of Ohio bought a new stake in shares of Sanmina Corporation (NASDAQ:SANM) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 15,735 shares of the electronics maker’s stock, valued at approximately $3,982,000.

Several other large investors also recently added to or reduced their stakes in SANM. Danske Bank A S purchased a new position in shares of Sanmina during the second quarter worth approximately $25,000. Keating Financial Advisory Services Inc. bought a new stake in Sanmina during the 2nd quarter valued at $31,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Sanmina in the 2nd quarter worth $36,000. Fiduciary Financial Advisors bought a new position in shares of Sanmina during the 2nd quarter worth $39,000. Finally, Global Retirement Partners LLC bought a new stake in shares of Sanmina in the second quarter valued at about $50,000. 92.71% of the stock is owned by hedge funds and other institutional investors.

Sanmina Stock Up 4.3%

Shares of Sanmina stock opened at $195.69 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.78 and a debt-to-equity ratio of 0.71. The company has a market cap of $10.49 billion, a P/E ratio of 35.01, a PEG ratio of 0.66 and a beta of 1.60. The firm’s 50 day moving average price is $204.56 and its 200-day moving average price is $194.59. Sanmina Corporation has a 52-week low of $110.44 and a 52-week high of $288.68.

Sanmina (NASDAQ:SANM) last posted its earnings results on Monday, July 27th. The electronics maker reported $3.31 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the prior year, the company posted $1.53 earnings per share. Sanmina’s revenue for the quarter 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, sell-side analysts predict that Sanmina Corporation will post 10.41 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

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.