Sanmina Corporation $SANM Shares Acquired by LPL Financial LLC

Key Points

• LPL Financial LLC increased its stake in Sanmina Corporation by **24.3%**, bringing its total holdings to **21,331 shares**, valued at approximately **$1.625 million**.
• Sanmina reported **$1.53 earnings per share** for the last quarter, surpassing expectations by **$0.11**, while also achieving **revenue of $2.04 billion**, reflecting a **10.9% year-over-year increase**.
• Analysts have set an average price target for Sanmina shares at **$94.50**, with some rating it as a **Hold**, following a price target increase by **Bank of America** from **$100 to $120**.

LPL Financial LLC lifted its position in shares of Sanmina Corporation (NASDAQ:SANM - Free Report) by 24.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,331 shares of the electronics maker's stock after acquiring an additional 4,174 shares during the quarter. LPL Financial LLC's holdings in Sanmina were worth $1,625,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Point72 Asia Singapore Pte. Ltd. acquired a new position in Sanmina in the 4th quarter worth about $90,000. CWM LLC increased its position in shares of Sanmina by 26.1% in the first quarter. CWM LLC now owns 1,466 shares of the electronics maker's stock valued at $112,000 after buying an additional 303 shares in the last quarter. GAMMA Investing LLC increased its position 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 valued at $131,000 after buying an additional 437 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Sanmina by 15.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 2,542 shares of the electronics maker's stock worth $194,000 after buying an additional 342 shares during the period. Finally, Trail Ridge Investment Advisors LLC purchased a new position in shares of Sanmina during the 1st quarter valued at approximately $201,000. Hedge funds and other institutional investors own 92.71% of the company's stock.

Sanmina Price Performance

NASDAQ SANM traded up $4.44 during mid-day trading on Friday, hitting $115.48. The stock had a trading volume of 573,653 shares, compared to its average volume of 958,130. The firm's 50 day moving average is $105.44 and its 200 day moving average is $89.32. 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 stock has a market capitalization of $6.15 billion, a price-to-earnings ratio of 24.73, a PEG ratio of 1.69 and a beta of 1.14. Sanmina Corporation has a twelve month low of $62.76 and a twelve month high of $125.76.

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

Analyst Ratings Changes

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

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.