Teacher Retirement System of Texas Has $7.86 Million Stake in Sanmina Corporation $SANM

Teacher Retirement System of Texas trimmed its stake in Sanmina Corporation (NASDAQ:SANM) by 18.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 68,274 shares of the electronics maker’s stock after selling 15,504 shares during the period. Teacher Retirement System of Texas owned 0.13% of Sanmina worth $7,859,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Root Financial Partners LLC acquired a new position in Sanmina during the third quarter valued at approximately $34,000. TD Waterhouse Canada Inc. boosted its holdings in shares of Sanmina by 27.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 398 shares of the electronics maker’s stock worth $39,000 after buying an additional 85 shares during the period. MAI Capital Management acquired a new position in Sanmina in the 2nd quarter valued at $41,000. Salomon & Ludwin LLC acquired a new position in Sanmina in the 3rd quarter valued at $41,000. Finally, Harbour Investments Inc. raised its holdings in Sanmina by 1,612.9% in the 2nd quarter. Harbour Investments Inc. now owns 531 shares of the electronics maker’s stock worth $52,000 after acquiring an additional 500 shares during the period. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on SANM shares. Weiss Ratings restated a “buy (b)” rating on shares of Sanmina in a report on Wednesday, October 8th. Wall Street Zen cut Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. Finally, Zacks Research downgraded Sanmina from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $120.00.

Sanmina Trading Down 0.9%

Sanmina stock opened at $177.83 on Monday. The business has a 50 day moving average price of $158.75 and a two-hundred day moving average price of $135.76. The company has a quick ratio of 1.02, a current ratio of 1.72 and a debt-to-equity ratio of 0.11. Sanmina Corporation has a 12 month low of $63.67 and a 12 month high of $185.29. The stock has a market cap of $9.70 billion, a price-to-earnings ratio of 39.87, a price-to-earnings-growth ratio of 0.86 and a beta of 1.05.

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

Insider Activity

In other news, insider Vishnu Venkatesh sold 692 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $149.22, for a total transaction of $103,260.24. Following the completion of the transaction, the insider directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.22% of the company’s stock.

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.