Great Lakes Advisors LLC Sells 5,556 Shares of Sanmina Corporation $SANM

Great Lakes Advisors LLC reduced its stake in shares of Sanmina Corporation (NASDAQ:SANM) by 9.5% during the third quarter, Holdings Channel reports. The institutional investor owned 52,787 shares of the electronics maker’s stock after selling 5,556 shares during the quarter. Great Lakes Advisors LLC’s holdings in Sanmina were worth $6,076,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of SANM. TD Waterhouse Canada Inc. boosted its holdings in Sanmina by 27.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock valued at $39,000 after acquiring an additional 85 shares during the period. Trail Ridge Investment Advisors LLC lifted its position in Sanmina by 2.7% in the third quarter. Trail Ridge Investment Advisors LLC now owns 3,264 shares of the electronics maker’s stock valued at $376,000 after purchasing an additional 86 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of 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 purchasing an additional 128 shares during the last quarter. Moloney Securities Asset Management LLC grew its holdings in shares of Sanmina by 3.9% in 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 last quarter. Finally, Nisa Investment Advisors LLC increased its stake in shares of Sanmina by 6.5% in the third quarter. Nisa Investment Advisors LLC now owns 2,753 shares of the electronics maker’s stock worth $317,000 after buying an additional 168 shares during the period. Hedge funds and other institutional investors own 92.71% of the company’s stock.

Sanmina News Roundup

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Argus raised its price target on SANM to $200 and reiterated a Buy rating, implying ~30% upside versus current levels — a clear analyst endorsement that likely supported the rally. Argus price-target raise
• Positive Sentiment: Zacks published a bullish style-score/value piece arguing SANM is a top long-term value stock, which can attract value-oriented investors and support multiple expansion. Why Sanmina is a Top Value Stock
• Positive Sentiment: Seeking Alpha argued the post-earnings pullback creates an undervalued opportunity tied to Sanmina’s AI exposure — a narrative that can attract bargain hunters and thematic investors. Post-earnings crash presents AI opportunity
• Neutral Sentiment: Sidoti issued multiple near-term estimate revisions (mostly small upward tweaks to Q4 2026–Q2 2027 and Q1 2027), signaling confidence in near-term profitability, though these are incremental rather than transformational. Sidoti estimate updates
• Neutral Sentiment: Q1 2026 earnings call transcript is available for investors who want management color on demand trends, margins, and guidance assumptions — useful but not new market-moving data by itself. Earnings call transcript
• Negative Sentiment: Sidoti cut its Q3 2027 EPS projection in one note (from $2.62 to $2.49), a sign that some analysts see risk to longer-term cadence — mixed revisions can add volatility. Sidoti cut Q3 2027 estimate
• Negative Sentiment: Articles (e.g., Yahoo/MSN pieces) question whether SANM has “run too far” after its multi‑year rally, which could pressure momentum traders and prompt profit‑taking. Has Sanmina run too far?

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on SANM shares. Wall Street Zen cut shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. Argus raised their target price on Sanmina to $200.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Zacks Research downgraded Sanmina from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $160.00.

Sanmina Price Performance

Shares of NASDAQ SANM opened at $154.43 on Friday. Sanmina Corporation has a 1 year low of $63.67 and a 1 year high of $185.29. The stock has a market capitalization of $8.43 billion, a P/E ratio of 36.86, a P/E/G ratio of 0.72 and a beta of 1.05. The company’s 50-day moving average is $159.10 and its 200 day moving average is $136.82. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.70 and a quick ratio of 1.02.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.23. Sanmina had a return on equity of 13.06% and a net margin of 2.47%.The business had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.09 billion. During the same period in the previous year, the firm posted $1.16 EPS. The business’s revenue was up 59.0% on a year-over-year basis. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. On average, sell-side analysts expect that Sanmina Corporation will post 5.15 earnings per share for the current year.

Insider Buying and Selling at Sanmina

In related news, insider Vishnu Venkatesh sold 692 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total value of $103,260.24. Following the sale, the insider directly owned 23,500 shares of the company’s stock, valued at $3,506,670. This represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.22% of the stock is owned by corporate insiders.

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.