Vanguard Group Inc. Has $1.02 Billion Stock Holdings in Sanmina Corporation $SANM

Key Points

• Vanguard trimmed its stake in Sanmina by 5.6% in Q4 and now holds 6,782,467 shares—about 12.42% of the company valued at roughly $1.02 billion.
• Sanmina delivered a strong quarterly beat with $3.16 EPS vs. $2.42 expected and revenue of $4.01 billion (up 102.3% YoY), and set FY2026 guidance of 10.75–11.35 EPS.
• Institutions own 92.71% of the stock while insiders have sold about 41,164 shares (~$7.9M) recently; analysts are leaning positive with upgrades (Zacks Strong Buy, Sidoti raises estimates) and a consensus rating of Moderate Buy with a $150 target.

Vanguard Group Inc. cut its stake in Sanmina Corporation (NASDAQ:SANM - Free Report) by 5.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,782,467 shares of the electronics maker's stock after selling 398,618 shares during the quarter. Vanguard Group Inc. owned approximately 12.42% of Sanmina worth $1,017,845,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Concurrent Investment Advisors LLC acquired a new position in shares of Sanmina in the fourth quarter worth $5,609,000. Trail Ridge Investment Advisors LLC grew its stake in shares of Sanmina by 9.8% in the 4th quarter. Trail Ridge Investment Advisors LLC now owns 3,585 shares of the electronics maker's stock valued at $538,000 after buying an additional 321 shares in the last quarter. M&T Bank Corp bought a new stake in shares of Sanmina in the 4th quarter valued at approximately $2,665,000. Bosman Wealth Management LLC bought a new position in Sanmina during the fourth quarter valued at approximately $2,346,000. Finally, Seeds Investor LLC bought a new position in Sanmina during the fourth quarter valued at approximately $237,000. 92.71% of the stock is owned by institutional investors and hedge funds.

Sanmina Price Performance

Shares of SANM opened at $223.27 on Friday. Sanmina Corporation has a twelve month low of $77.35 and a twelve month high of $230.56. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.04 and a current ratio of 1.71. The firm's 50 day moving average price is $147.92 and its 200 day moving average price is $151.46. The firm has a market cap of $11.97 billion, a PE ratio of 47.20, a PEG ratio of 0.84 and a beta of 1.05.

Sanmina (NASDAQ:SANM - Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The electronics maker reported $3.16 EPS for the quarter, beating the consensus estimate of $2.42 by $0.74. Sanmina had a return on equity of 16.23% and a net margin of 2.29%.The company had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter last year, the company posted $1.16 earnings per share. The company's revenue for the quarter was up 102.3% compared to the same quarter last year. Sanmina has set its Q3 2026 guidance at 2.550-2.850 EPS and its FY 2026 guidance at 10.750-11.350 EPS. As a group, research analysts expect that Sanmina Corporation will post 9.36 EPS for the current fiscal year.

Insider Buying and Selling

In other Sanmina news, Director Joseph G. Licata, Jr. sold 26,565 shares of the stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $211.03, for a total transaction of $5,606,011.95. Following the transaction, the director owned 27,809 shares in the company, valued at $5,868,533.27. This trade represents a 48.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Jonathan P. Faust sold 10,075 shares of the company's stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $159.30, for a total transaction of $1,604,947.50. Following the sale, the chief financial officer owned 87,076 shares of the company's stock, valued at $13,871,206.80. This trade represents a 10.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 41,164 shares of company stock worth $7,896,740. 3.10% of the stock is currently owned by company insiders.

Sanmina News Roundup

Here are the key news stories impacting Sanmina this week:

• Positive Sentiment: Zacks upgraded SANM to a Zacks Rank #1 (Strong Buy), signaling near‑term optimism around the company’s earnings trajectory — a blunt catalyst for momentum buyers and funds that follow Zacks rankings. What Makes Sanmina (SANM) a New Strong Buy Stock
• Positive Sentiment: Zacks also added SANM to its list of new Strong Buy additions for May 1 — reinforcing the upgrade and increasing the chance of inflows from rank-driven investors. New Strong Buy Stocks for May 1st
• Positive Sentiment: Sidoti raised multiple near‑term and FY EPS estimates (FY2026 and FY2027 raised, Q1–Q4 cadence nudged higher), implying analysts expect stronger earnings power going forward — supportive for valuation expansion. Sidoti estimate changes (MarketBeat summary)
• Positive Sentiment: A Yahoo Finance deep dive highlights demand from ZT systems integration and AI-related end markets as key drivers for SANM’s Q2 strength — a structural growth story that investors tend to reward. SANM Q2 Deep Dive: ZT Systems Integration and AI Demand Propel Sanmina’s Growth
• Positive Sentiment: Seeking Alpha notes Sanmina’s solid Q2 beat and argues the stock still looks reasonably valued versus FY26 estimates — narrative that can attract value and event‑driven buyers. Sanmina: Solid Q2 Beat, Stock Remains A Bargain
• Neutral Sentiment: Zacks style-score pieces (growth/value/momentum) highlight that SANM scores well across styles — useful context for different investor types but less of an immediate price catalyst than upgrades or estimate changes. Here's Why Sanmina (SANM) is a Strong Growth Stock Why Sanmina (SANM) is a Top Value Stock for the Long-Term

Wall Street Analyst Weigh In

SANM has been the topic of several recent research reports. Susquehanna initiated coverage on shares of Sanmina in a research report on Wednesday, April 1st. They set a "neutral" rating and a $135.00 price objective on the stock. Wall Street Zen raised shares of Sanmina from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Argus raised their price objective on shares of Sanmina to $200.00 and gave the company a "buy" rating in a research report on Wednesday, January 28th. JPMorgan Chase & Co. initiated coverage on shares of Sanmina in a research report on Monday, March 30th. They set a "neutral" rating and a $145.00 price objective on the stock. Finally, Weiss Ratings raised shares of Sanmina from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Sanmina presently has a consensus rating of "Moderate Buy" and a consensus price target of $150.00.

About Sanmina

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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