Mitsubishi UFJ Trust & Banking Corp Increases Stake in Sanmina Corporation $SANM

Key Points

• Mitsubishi UFJ Trust & Banking Corp boosted its position in Sanmina by 693.3% in Q4, owning 10,131 shares worth about $1.52 million after adding 8,854 shares.
• Sanmina beat expectations in Q1 with $4.01 billion in revenue (up ~102% YoY) and $3.16 EPS vs. $2.42 expected, and it set Q3 2026 guidance of 2.55–2.85 EPS and FY2026 guidance of 10.75–11.35 EPS.
• Significant insider selling occurred recently—Director Joseph G. Licata Jr. sold 26,565 shares (~$5.6M) and total insider sales last quarter amounted to 42,664 shares (~$8.22M), though insiders still own about 3.10% of the stock.

Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Sanmina Corporation (NASDAQ:SANM - Free Report) by 693.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,131 shares of the electronics maker's stock after buying an additional 8,854 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp's holdings in Sanmina were worth $1,520,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of SANM. Optiver Holding B.V. raised its position in Sanmina by 36.6% during the 3rd 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. Caitong International Asset Management Co. Ltd purchased a new position in Sanmina during the 3rd quarter worth $26,000. Root Financial Partners LLC purchased a new position in Sanmina during the 3rd quarter worth $34,000. Salomon & Ludwin LLC purchased a new position in Sanmina during the 3rd quarter worth $41,000. Finally, Federated Hermes Inc. raised its position in Sanmina by 88.6% during the 3rd quarter. Federated Hermes Inc. now owns 464 shares of the electronics maker's stock worth $53,000 after buying an additional 218 shares during the last quarter. Hedge funds and other institutional investors own 92.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SANM. Zacks Research upgraded shares of Sanmina from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 30th. Susquehanna assumed coverage on shares of Sanmina in a research note on Wednesday, April 1st. They set a "neutral" rating and a $135.00 price target on the stock. Wall Street Zen raised shares of Sanmina from a "buy" rating to a "strong-buy" rating in a research note on Saturday. JPMorgan Chase & Co. assumed coverage on shares of Sanmina in a research note on Monday, March 30th. They set a "neutral" rating and a $145.00 price target on the stock. Finally, Weiss Ratings raised shares of Sanmina from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, April 29th. One research 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 stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $150.00.

Insider Buying and Selling at Sanmina

In related news, Director Joseph G. Licata, Jr. sold 26,565 shares of the stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $211.03, for a total value of $5,606,011.95. Following the sale, the director directly owned 27,809 shares of the company's stock, valued at approximately $5,868,533.27. This represents a 48.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Alan Mcwilliams Reid sold 1,000 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $218.17, for a total transaction of $218,170.00. Following the completion of the sale, the executive vice president directly owned 31,481 shares in the company, valued at approximately $6,868,209.77. The trade was a 3.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 42,664 shares of company stock valued at $8,224,670 in the last quarter. Insiders own 3.10% of the company's stock.

Sanmina News Roundup

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Company-level strength: coverage highlights Sanmina’s strong Q1 results and cost discipline, reinforcing the recent earnings beat and guidance that pushed investor enthusiasm. Sanmina, Northwest, and Cincinnati post strong Q1 on cost discipline
• Positive Sentiment: Analyst/coverage momentum: Zacks added SANM to its Rank #1 (Strong Buy) growth stocks list, supporting continued buying interest from momentum and growth-focused investors. Best Growth Stocks to Buy for May 4th
• Positive Sentiment: Investor sentiment lift: coverage explaining why SANM “skyrocketed” this week points to buy signals from the latest business update — a supporting narrative for further momentum. Why Sanmina Stock Skyrocketed This Week
• Neutral Sentiment: Momentum recognition: Zacks also highlighted SANM among stocks trading near 52-week highs, signaling technical strength but not guaranteeing follow-through. 4 Stocks Trading Near 52-Week High With More Upside Potential
• Neutral Sentiment: Analyst Q&A and peer comparisons: follow-up pieces (analyst questions from the Q1 call and a Jabil vs. Sanmina comparison) provide deeper context for investors deciding between valuation and growth profiles. 5 must-read analyst questions from Sanmina’s Q1 earnings call Which Is a Better Investment, Jabil Inc. or Sanmina Corporation Stock?
• Negative Sentiment: Insider selling — EVP Alan Mcwilliams Reid sold 1,000 shares at about $218, trimming his stake; such sales can be perceived as a signal to short-term traders. Alan Mcwilliams Reid SEC filing
• Negative Sentiment: Insider selling — Director David V. Hedley III sold 500 shares at roughly $219.5, another small but visible insider sale. David V. Hedley III SEC filing
• Negative Sentiment: Large insider sale reported: a separate filing covered a 26,565-share sale by Joseph Licata Jr., which may amplify short-term selling pressure. Joseph Licata, Jr. Sells 26,565 Shares of Sanmina Stock

Sanmina Stock Performance

NASDAQ:SANM opened at $216.54 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.71 and a debt-to-equity ratio of 0.77. Sanmina Corporation has a fifty-two week low of $77.35 and a fifty-two week high of $230.56. The stock has a market cap of $11.61 billion, a PE ratio of 45.78, a price-to-earnings-growth ratio of 0.86 and a beta of 1.50. The firm's fifty day simple moving average is $147.92 and its 200-day simple moving average is $151.83.

Sanmina (NASDAQ:SANM - Get Free Report) last posted its quarterly earnings results on Monday, April 27th. The electronics maker reported $3.16 earnings per share for the quarter, topping analysts' consensus estimates of $2.42 by $0.74. Sanmina had a net margin of 2.29% and a return on equity of 16.23%. The business had revenue of $4.01 billion for the quarter, compared to analysts' expectations of $3.28 billion. During the same period in the prior year, the company posted $1.16 EPS. The business's revenue for the quarter was up 102.3% on a year-over-year basis. 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 earnings per share for the current fiscal year.

Sanmina Profile

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.

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