Capital Fund Management S.A. Acquires New Position in Sanmina Corporation $SANM

Key Points

• Capital Fund Management S.A. has acquired a new position in Sanmina Corporation, purchasing 37,414 shares valued at approximately $2.85 million, representing 0.07% ownership by the end of the quarter.
• Sanmina's recent earnings report exceeded expectations, with earnings per share of $1.53 surpassing the consensus estimate of $1.42, and revenue increased by 10.9% year-over-year.
• Analysts have mixed ratings for Sanmina; while Bank of America raised its price target to $120, Wall Street Zen downgraded it from "strong-buy" to "buy," resulting in an average "Hold" rating with a consensus price target of $94.50.

Capital Fund Management S.A. purchased a new position in Sanmina Corporation (NASDAQ:SANM - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 37,414 shares of the electronics maker's stock, valued at approximately $2,850,000. Capital Fund Management S.A. owned about 0.07% of Sanmina as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SANM. GAMMA Investing LLC grew its holdings in shares of Sanmina by 34.1% in the first quarter. GAMMA Investing LLC now owns 1,720 shares of the electronics maker's stock worth $131,000 after purchasing an additional 437 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Sanmina by 10.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,210 shares of the electronics maker's stock worth $397,000 after purchasing an additional 476 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Sanmina by 87.4% in the first quarter. Janney Montgomery Scott LLC now owns 10,311 shares of the electronics maker's stock worth $785,000 after purchasing an additional 4,810 shares during the last quarter. Squarepoint Ops LLC grew its holdings in shares of Sanmina by 60.0% in the fourth quarter. Squarepoint Ops LLC now owns 40,546 shares of the electronics maker's stock worth $3,068,000 after purchasing an additional 15,197 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Sanmina in the fourth quarter worth about $2,644,000. Institutional investors own 92.71% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on SANM. Wall Street Zen cut shares of Sanmina from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. Bank of America upped their price target on shares of Sanmina from $100.00 to $120.00 and gave the stock a "neutral" rating in a report on Friday, July 11th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $94.50.

Sanmina Stock Up 2.1%

Shares of NASDAQ SANM traded up $2.42 during mid-day trading on Thursday, reaching $119.37. 756,270 shares of the company were exchanged, compared to its average volume of 517,516. Sanmina Corporation has a 1 year low of $62.76 and a 1 year high of $125.76. The firm has a 50-day moving average of $107.05 and a 200 day moving average of $89.89. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of 25.56, a P/E/G ratio of 1.69 and a beta of 1.14. The company has a quick ratio of 1.21, a current ratio of 1.91 and a debt-to-equity ratio of 0.12.

Sanmina (NASDAQ:SANM - Get Free Report) last announced its earnings results on Monday, July 28th. The electronics maker reported $1.53 EPS for the quarter, topping analysts' consensus estimates of $1.42 by $0.11. Sanmina had a net margin of 3.22% and a return on equity of 11.30%. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the previous year, the company posted $1.25 earnings per share. The firm's revenue was up 10.9% on a year-over-year basis. Sanmina has set its Q4 2025 guidance at 1.520-1.620 EPS. On average, research analysts expect that Sanmina Corporation will post 5.15 earnings per share for the current 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.