Two Sigma Securities LLC Makes New Investment in Sanmina Corporation $SANM

Two Sigma Securities LLC purchased a new stake in shares of Sanmina Corporation (NASDAQ:SANM) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 15,593 shares of the electronics maker’s stock, valued at approximately $3,946,000.

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

Sanmina Price Performance

Sanmina stock opened at $194.01 on Monday. Sanmina Corporation has a 52-week low of $110.44 and a 52-week high of $288.68. 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 firm’s fifty day moving average is $209.27 and its 200 day moving average is $193.32. The company has a market cap of $10.40 billion, a price-to-earnings ratio of 34.71, a PEG ratio of 0.68 and a beta of 1.59.

Sanmina (NASDAQ:SANM) last issued its quarterly earnings data on Monday, July 27th. The electronics maker reported $3.31 EPS 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 business had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same period last year, the company posted $1.53 EPS. The business’s revenue was up 69.7% on a year-over-year basis. Sanmina has set its Q4 2026 guidance at 3.050-3.350 EPS and its FY 2026 guidance at 11.900-12.200 EPS. Sell-side analysts forecast that Sanmina Corporation will post 10.41 EPS for the current fiscal year.

Analyst Ratings Changes

SANM has been the subject of several analyst reports. Weiss Ratings lowered shares of Sanmina from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 18th. JPMorgan Chase & Co. lowered 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. Zacks Research upgraded Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Finally, Wall Street Zen raised shares of Sanmina from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Sanmina has an average rating of “Moderate Buy” and a consensus target price 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.