Charles Schwab Investment Management Inc. Has $46.16 Million Position in Sanmina Corporation $SANM

Key Points

• Charles Schwab Investment Management Inc. reduced its stake in Sanmina Corporation (NASDAQ: SANM) by 0.7%, owning 605,910 shares valued at approximately $46.16 million after selling 4,157 shares in the first quarter.
• About 92.71% of Sanmina's stock is owned by institutional investors and hedge funds, indicating strong institutional interest in the company.
• Sanmina recently reported an earnings per share of $1.53 for the last quarter, which surpassed analysts' expectations by $0.11 and demonstrated a year-over-year revenue growth of 10.9%.

Charles Schwab Investment Management Inc. cut its holdings in shares of Sanmina Corporation (NASDAQ:SANM - Free Report) by 0.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 605,910 shares of the electronics maker's stock after selling 4,157 shares during the period. Charles Schwab Investment Management Inc. owned about 1.13% of Sanmina worth $46,158,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in shares of Sanmina by 34.1% during the first quarter. GAMMA Investing LLC now owns 1,720 shares of the electronics maker's stock worth $131,000 after buying an additional 437 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Sanmina by 10.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,210 shares of the electronics maker's stock worth $397,000 after buying an additional 476 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Sanmina by 87.4% during the first quarter. Janney Montgomery Scott LLC now owns 10,311 shares of the electronics maker's stock worth $785,000 after buying an additional 4,810 shares in the last quarter. Squarepoint Ops LLC increased its holdings in shares of Sanmina by 60.0% during the fourth quarter. Squarepoint Ops LLC now owns 40,546 shares of the electronics maker's stock worth $3,068,000 after buying an additional 15,197 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Sanmina during the fourth quarter worth $2,644,000. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Sanmina Trading Down 1.9%

NASDAQ SANM traded down $2.0860 on Wednesday, reaching $110.3840. The company had a trading volume of 183,151 shares, compared to its average volume of 512,283. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.91 and a quick ratio of 1.21. The business has a 50 day moving average of $103.94 and a two-hundred day moving average of $88.76. Sanmina Corporation has a fifty-two week low of $62.76 and a fifty-two week high of $125.76. The firm has a market cap of $5.88 billion, a price-to-earnings ratio of 23.64, a P/E/G ratio of 1.72 and a beta of 1.14.

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

Analyst Ratings Changes

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

About Sanmina

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.