SG Americas Securities LLC Buys 1,569 Shares of Sanmina Corporation $SANM

SG Americas Securities LLC increased its position in Sanmina Corporation (NASDAQ:SANM) by 75.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,650 shares of the electronics maker’s stock after buying an additional 1,569 shares during the period. SG Americas Securities LLC’s holdings in Sanmina were worth $357,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SANM. Bank of Montreal Can boosted its holdings in Sanmina by 1.5% in the second quarter. Bank of Montreal Can now owns 8,814 shares of the electronics maker’s stock worth $862,000 after acquiring an additional 128 shares in the last quarter. Moloney Securities Asset Management LLC raised its position in shares of Sanmina by 3.9% during the second quarter. Moloney Securities Asset Management LLC now owns 3,668 shares of the electronics maker’s stock worth $359,000 after purchasing an additional 138 shares during the period. XTX Topco Ltd raised its position in shares of Sanmina by 1.2% during the first quarter. XTX Topco Ltd now owns 11,886 shares of the electronics maker’s stock worth $905,000 after purchasing an additional 140 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of Sanmina by 1.8% in the 1st quarter. Hsbc Holdings PLC now owns 8,659 shares of the electronics maker’s stock worth $659,000 after purchasing an additional 152 shares in the last quarter. Finally, SummerHaven Investment Management LLC grew its position in Sanmina by 1.6% in the 2nd quarter. SummerHaven Investment Management LLC now owns 11,898 shares of the electronics maker’s stock valued at $1,164,000 after purchasing an additional 189 shares during the period. 92.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on SANM shares. Wall Street Zen downgraded shares of Sanmina from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 16th. Weiss Ratings restated a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. Finally, Zacks Research raised Sanmina from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $120.00.

Sanmina Trading Up 0.4%

Shares of SANM stock opened at $156.24 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.91. The company has a market capitalization of $8.53 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 1.43 and a beta of 1.17. Sanmina Corporation has a 52-week low of $63.67 and a 52-week high of $178.39. The company has a 50-day simple moving average of $139.55 and a two-hundred day simple moving average of $115.69.

Sanmina (NASDAQ:SANM) last posted its earnings results on Monday, November 3rd. The electronics maker reported $1.67 EPS for the quarter, topping the consensus estimate of $1.57 by $0.10. The firm had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.05 billion. Sanmina had a net margin of 3.22% and a return on equity of 11.30%. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.43 EPS. Sanmina has set its Q1 2026 guidance at 1.950-2.250 EPS. Research analysts anticipate that Sanmina Corporation will post 5.15 EPS for the current fiscal year.

Sanmina Profile

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems.