Intech Investment Management LLC Grows Stake in Sanmina Corporation $SANM

Key Points

• Intech Investment Management LLC increased its stake in Sanmina Corporation by 6.3%, owning approximately 57,564 shares valued at $4.39 million.
• Multiple institutional investors, including Jane Street Group LLC, have significantly increased their positions in Sanmina, with Jane Street growing its stake by 572.5% in the same quarter.
• Sanmina reported earnings of $1.53 per share for its latest quarter, exceeding analyst expectations, and set guidance for Q4 2025 EPS between 1.520-1.620.

Intech Investment Management LLC lifted its position in shares of Sanmina Corporation (NASDAQ:SANM - Free Report) by 6.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,564 shares of the electronics maker's stock after purchasing an additional 3,403 shares during the period. Intech Investment Management LLC owned 0.11% of Sanmina worth $4,385,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new stake in shares of Sanmina during the first quarter valued at approximately $50,510,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Sanmina during the 4th quarter worth approximately $12,928,000. Invesco Ltd. increased its stake in shares of Sanmina by 22.7% during the 1st quarter. Invesco Ltd. now owns 878,849 shares of the electronics maker's stock worth $66,951,000 after purchasing an additional 162,465 shares during the last quarter. GAMMA Investing LLC increased its position in Sanmina by 10,112.8% in the first quarter. GAMMA Investing LLC now owns 131,030 shares of the electronics maker's stock worth $9,982,000 after buying an additional 129,747 shares during the last quarter. Finally, Millennium Management LLC increased its position in Sanmina by 38.6% in the fourth quarter. Millennium Management LLC now owns 406,862 shares of the electronics maker's stock worth $30,787,000 after buying an additional 113,314 shares during the last quarter. Hedge funds and other institutional investors own 92.71% of the company's stock.

Sanmina Price Performance

NASDAQ:SANM traded up $4.14 during midday trading on Thursday, hitting $120.33. The company had a trading volume of 208,750 shares, compared to its average volume of 526,068. The company has a market capitalization of $6.41 billion, a PE ratio of 25.76, a P/E/G ratio of 1.72 and a beta of 1.21. The stock's fifty day moving average price is $113.26 and its 200-day moving average price is $93.12. 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 52-week low of $63.67 and a 52-week high of $125.76.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SANM. Wall Street Zen upgraded shares of Sanmina from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 30th. Bank of America lifted their price target on Sanmina from $100.00 to $120.00 and gave the company a "neutral" rating in a research report on Friday, July 11th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Sanmina presently has an average rating of "Hold" and a consensus target price 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.