American Century Companies Inc. Decreases Position in Sanmina Corporation $SANM

Key Points

• American Century Companies Inc. has reduced its stake in Sanmina Corporation by 26.3%, now holding 630,776 shares valued at approximately $48 million.
• Recent analyst reports show a downgrade of Sanmina from "strong-buy" to "buy" by Wall Street Zen, while Bank of America raised its price target from $100 to $120.
• Sanmina reported a Q4 earnings beat with a net revenue of $2.04 billion, exceeding analyst expectations, alongside setting guidance for Q4 2025 at 1.520-1.620 EPS.

American Century Companies Inc. decreased its holdings in Sanmina Corporation (NASDAQ:SANM - Free Report) by 26.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 630,776 shares of the electronics maker's stock after selling 224,904 shares during the quarter. American Century Companies Inc. owned approximately 1.18% of Sanmina worth $48,053,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Nuveen LLC bought a new stake in Sanmina during the first quarter valued at $50,510,000. Alyeska Investment Group L.P. bought a new stake in Sanmina during the fourth quarter valued at $34,868,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Sanmina during the fourth quarter valued at $12,928,000. Invesco Ltd. boosted its position in Sanmina by 22.7% during the first 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 last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of Sanmina by 10,112.8% during the first quarter. GAMMA Investing LLC now owns 131,030 shares of the electronics maker's stock valued at $9,982,000 after purchasing an additional 129,747 shares during the period. Institutional investors own 92.71% of the company's stock.

Wall Street Analyst Weigh In

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

Sanmina Stock Up 4.0%

SANM traded up $4.44 during midday trading on Friday, reaching $115.48. 573,653 shares of the company were exchanged, compared to its average volume of 958,130. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.21 and a current ratio of 1.91. The company's fifty day moving average price is $105.44 and its 200 day moving average price is $89.31. The company has a market cap of $6.15 billion, a price-to-earnings ratio of 24.73, a price-to-earnings-growth ratio of 1.69 and a beta of 1.14. Sanmina Corporation has a one year low of $62.76 and a one year high of $125.76.

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

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.