Neuberger Berman Group LLC Takes Position in Sanmina Corporation $SANM

Key Points

• Neuberger Berman Group LLC has acquired a new stake in Sanmina Corporation, purchasing 4,213 shares valued at approximately $321,000.
• Sanmina reported a quarterly earnings per share (EPS) of $1.53, exceeding analyst estimates of $1.42 and demonstrating a 10.9% year-over-year revenue growth.
• 92.71% of Sanmina's stock is held by institutional investors, indicating strong institutional interest and confidence in the company.

Neuberger Berman Group LLC acquired a new stake in shares of Sanmina Corporation (NASDAQ:SANM - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,213 shares of the electronics maker's stock, valued at approximately $321,000.

Several other institutional investors and hedge funds have also bought and sold shares of SANM. Nuveen LLC acquired a new stake in Sanmina during the 1st quarter valued at approximately $50,510,000. Alyeska Investment Group L.P. acquired a new stake in Sanmina during the 4th quarter valued at approximately $34,868,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Sanmina during the 4th quarter valued at approximately $12,928,000. Invesco Ltd. lifted its stake in Sanmina by 22.7% during the 1st quarter. Invesco Ltd. now owns 878,849 shares of the electronics maker's stock valued at $66,951,000 after acquiring an additional 162,465 shares during the period. Finally, GAMMA Investing LLC lifted its stake in Sanmina by 10,112.8% during the 1st quarter. GAMMA Investing LLC now owns 131,030 shares of the electronics maker's stock valued at $9,982,000 after acquiring an additional 129,747 shares during the period. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SANM has been the subject of several recent research reports. 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 lifted their target price on shares of Sanmina from $100.00 to $120.00 and gave the company a "neutral" rating in a report on Friday, July 11th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $94.50.

Sanmina Price Performance

Shares of NASDAQ SANM traded down $2.9710 during mid-day trading on Wednesday, reaching $109.4990. The company's stock had a trading volume of 218,144 shares, compared to its average volume of 512,508. The stock has a 50-day moving average of $103.94 and a two-hundred day moving average of $88.76. The stock has a market capitalization of $5.83 billion, a P/E ratio of 23.43, a P/E/G ratio of 1.72 and a beta of 1.14. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.91. Sanmina Corporation has a 1-year low of $62.76 and a 1-year 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. On average, equities research analysts anticipate that Sanmina Corporation will post 5.15 EPS for the current fiscal 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.