Sanmina Corporation $SANM Position Lessened by First Eagle Investment Management LLC

First Eagle Investment Management LLC cut its position in shares of Sanmina Corporation (NASDAQ:SANM) by 67.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,377 shares of the electronics maker’s stock after selling 31,331 shares during the period. First Eagle Investment Management LLC’s holdings in Sanmina were worth $2,308,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Optiver Holding B.V. lifted its position in shares of Sanmina by 36.6% in the third quarter. Optiver Holding B.V. now owns 220 shares of the electronics maker’s stock worth $25,000 after buying an additional 59 shares during the last quarter. Park Avenue Securities LLC increased its holdings in shares of Sanmina by 2.1% during the 4th quarter. Park Avenue Securities LLC now owns 3,248 shares of the electronics maker’s stock valued at $487,000 after acquiring an additional 68 shares during the last quarter. Vise Technologies Inc. increased its holdings in shares of Sanmina by 2.0% during the 3rd quarter. Vise Technologies Inc. now owns 3,625 shares of the electronics maker’s stock valued at $417,000 after acquiring an additional 71 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Sanmina by 7.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,127 shares of the electronics maker’s stock valued at $129,000 after acquiring an additional 81 shares in the last quarter. Finally, Allworth Financial LP raised its stake in shares of Sanmina by 1.4% in the 3rd quarter. Allworth Financial LP now owns 5,795 shares of the electronics maker’s stock valued at $667,000 after acquiring an additional 81 shares in the last quarter. 92.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SANM has been the subject of a number of analyst reports. Susquehanna assumed coverage on shares of Sanmina in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $135.00 price objective for the company. Argus raised their target price on shares of Sanmina to $200.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Weiss Ratings upgraded shares of Sanmina from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. started coverage on shares of Sanmina in a research report on Monday, March 30th. They set a “neutral” rating and a $145.00 target price for the company. Finally, Wall Street Zen upgraded shares of Sanmina from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $150.00.

Sanmina Price Performance

Shares of Sanmina stock opened at $238.55 on Thursday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.71 and a quick ratio of 1.03. The company has a market cap of $12.79 billion, a PE ratio of 50.43, a price-to-earnings-growth ratio of 0.90 and a beta of 1.51. The firm has a fifty day moving average price of $159.72 and a two-hundred day moving average price of $157.11. Sanmina Corporation has a fifty-two week low of $78.43 and a fifty-two week high of $255.21.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings data on Monday, April 27th. The electronics maker reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.74. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The company had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the previous year, the firm posted $1.16 EPS. The business’s revenue was up 102.3% compared to the same quarter last year. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. Analysts expect that Sanmina Corporation will post 9.36 EPS for the current year.

Insider Activity

In other Sanmina news, CEO Jure Sola sold 118,368 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $228.84, for a total value of $27,087,333.12. Following the completion of the transaction, the chief executive officer owned 1,227,573 shares of the company’s stock, valued at $280,917,805.32. This represents a 8.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Joseph G. Licata, Jr. sold 26,565 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $211.03, for a total value of $5,606,011.95. Following the completion of the sale, the director owned 27,809 shares of the company’s stock, valued at $5,868,533.27. This represents a 48.86% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 161,032 shares of company stock valued at $35,312,003. 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.