Voya Investment Management LLC Reduces Holdings in Sanmina Corporation $SANM

Voya Investment Management LLC lessened its position in shares of Sanmina Corporation (NASDAQ:SANM) by 29.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,076 shares of the electronics maker’s stock after selling 5,135 shares during the quarter. Voya Investment Management LLC’s holdings in Sanmina were worth $1,390,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Invesco Ltd. increased its holdings in Sanmina by 42.4% in the 2nd quarter. Invesco Ltd. now owns 1,251,678 shares of the electronics maker’s stock valued at $122,452,000 after purchasing an additional 372,829 shares during the last quarter. Frontier Capital Management Co. LLC lifted its stake in Sanmina by 20.9% during the second quarter. Frontier Capital Management Co. LLC now owns 1,231,884 shares of the electronics maker’s stock worth $120,515,000 after purchasing an additional 213,025 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Sanmina by 1.4% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 175,559 shares of the electronics maker’s stock worth $17,175,000 after buying an additional 2,451 shares during the period. Measured Wealth Private Client Group LLC grew its stake in shares of Sanmina by 60.3% in the second quarter. Measured Wealth Private Client Group LLC now owns 5,466 shares of the electronics maker’s stock valued at $535,000 after buying an additional 2,057 shares in the last quarter. Finally, Leuthold Group LLC purchased a new stake in shares of Sanmina in the 2nd quarter valued at $3,542,000. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Sanmina Stock Down 0.4%

Shares of NASDAQ:SANM opened at $153.76 on Tuesday. Sanmina Corporation has a fifty-two week low of $63.67 and a fifty-two week high of $178.39. The firm’s 50 day moving average price is $153.62 and its 200 day moving average price is $126.64. The company has a quick ratio of 1.02, a current ratio of 1.72 and a debt-to-equity ratio of 0.11. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 0.75 and a beta of 1.03.

Sanmina (NASDAQ:SANM) last posted its quarterly earnings results on Monday, November 3rd. The electronics maker reported $1.67 EPS for the quarter, topping the consensus estimate of $1.57 by $0.10. Sanmina had a net margin of 3.03% and a return on equity of 11.59%. The company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter in the previous year, the business posted $1.43 EPS. The firm’s revenue was up 3.9% on a year-over-year basis. Sanmina has set its Q1 2026 guidance at 1.950-2.250 EPS. As a group, equities research analysts predict that Sanmina Corporation will post 5.15 earnings per share for the current fiscal year.

Insider Buying and Selling at Sanmina

In other news, insider Vishnu Venkatesh sold 692 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $149.22, for a total transaction of $103,260.24. Following the sale, the insider owned 23,500 shares of the company’s stock, valued at approximately $3,506,670. This trade represents a 2.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.22% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on SANM. Weiss Ratings restated a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. Zacks Research upgraded shares of Sanmina from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Finally, Wall Street Zen cut shares of Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $120.00.

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.