Great Lakes Advisors LLC Has $4.52 Million Holdings in Sanmina Corporation $SANM

Key Points

• Great Lakes Advisors LLC has reduced its stake in Sanmina Corporation by 15.4%, selling 10,806 shares and owning approximately 0.11% of the company, valued at $4.5 million.
• Sanmina’s quarterly earnings surpassed analysts' expectations, reporting an EPS of $1.53 and revenue of $2.04 billion, leading to a 10.9% year-over-year revenue increase.
• Institutional investors own a significant majority of Sanmina, with 92.71% of the company's stock held by these investors, highlighting strong interest in the firm.

Great Lakes Advisors LLC lowered its stake in Sanmina Corporation (NASDAQ:SANM - Free Report) by 15.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,379 shares of the electronics maker's stock after selling 10,806 shares during the period. Great Lakes Advisors LLC owned approximately 0.11% of Sanmina worth $4,523,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of SANM. Nuveen LLC bought a new position in shares of Sanmina in the first quarter valued at $50,510,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Sanmina in the fourth quarter valued at $12,928,000. Invesco Ltd. increased its holdings in shares of Sanmina by 22.7% in the first quarter. Invesco Ltd. now owns 878,849 shares of the electronics maker's stock valued at $66,951,000 after buying an additional 162,465 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Sanmina by 10,112.8% in the first quarter. GAMMA Investing LLC now owns 131,030 shares of the electronics maker's stock valued at $9,982,000 after buying an additional 129,747 shares in the last quarter. Finally, Millennium Management LLC increased its holdings in shares of Sanmina by 38.6% in the fourth quarter. Millennium Management LLC now owns 406,862 shares of the electronics maker's stock valued at $30,787,000 after buying an additional 113,314 shares in the last quarter. Institutional investors own 92.71% of the company's stock.

Sanmina Stock Up 1.2%

Shares of Sanmina stock traded up $1.38 on Monday, hitting $118.41. 119,731 shares of the company traded hands, compared to its average volume of 524,502. The company has a 50-day moving average price of $112.35 and a 200 day moving average price of $92.53. 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 Corporation has a 12-month low of $63.67 and a 12-month high of $125.76. The company has a market cap of $6.31 billion, a PE ratio of 25.35, a PEG ratio of 1.71 and a beta of 1.21.

Sanmina (NASDAQ:SANM - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The electronics maker reported $1.53 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts' expectations of $1.98 billion. During the same period in the previous year, the company posted $1.25 EPS. Sanmina'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. Sell-side analysts predict that Sanmina Corporation will post 5.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SANM. Wall Street Zen raised Sanmina from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 30th. Bank of America lifted their price objective 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. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $94.50.

Sanmina Company 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.