Ausbil Investment Management Ltd Makes New Investment in Sanmina Corporation $SANM

Ausbil Investment Management Ltd bought a new position in shares of Sanmina Corporation (NASDAQ:SANM) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,914 shares of the electronics maker’s stock, valued at approximately $1,188,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Amundi acquired a new position in Sanmina in the 1st quarter valued at $391,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Sanmina by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,968 shares of the electronics maker’s stock valued at $2,435,000 after acquiring an additional 1,387 shares during the period. United Services Automobile Association acquired a new stake in shares of Sanmina during the 1st quarter worth $256,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Sanmina by 10.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,287 shares of the electronics maker’s stock worth $9,621,000 after purchasing an additional 12,061 shares during the period. Finally, Jane Street Group LLC increased its position in shares of Sanmina by 572.5% in the first quarter. Jane Street Group LLC now owns 79,846 shares of the electronics maker’s stock worth $6,083,000 after purchasing an additional 67,973 shares during the period. 92.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on SANM shares. Argus upped their price objective on shares of Sanmina to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $160.00.

Sanmina Price Performance

Sanmina stock opened at $130.97 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.04 and a current ratio of 1.70. Sanmina Corporation has a 52 week low of $63.67 and a 52 week high of $185.29. The stock has a market capitalization of $7.15 billion, a P/E ratio of 31.26, a price-to-earnings-growth ratio of 0.63 and a beta of 1.01. The stock has a fifty day moving average of $146.16 and a 200-day moving average of $144.45.

Sanmina (NASDAQ:SANM) last released its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.23. Sanmina had a return on equity of 13.06% and a net margin of 2.47%.The business had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same period last year, the firm posted $1.16 earnings per share. Sanmina’s revenue was up 59.0% compared to the same quarter last year. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. On average, sell-side analysts expect that Sanmina Corporation will post 5.15 earnings per share for the current fiscal year.

Insider Activity

In related news, Director David V. Hedley III sold 1,024 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $162.31, for a total transaction of $166,205.44. Following the completion of the transaction, the director directly owned 6,340 shares in the company, valued at $1,029,045.40. This represents a 13.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Alan Mcwilliams Reid sold 3,500 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $148.45, for a total transaction of $519,575.00. Following the completion of the transaction, the executive vice president directly owned 33,981 shares of the company’s stock, valued at approximately $5,044,479.45. The trade was a 9.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 14,599 shares of company stock worth $2,290,728. Corporate insiders own 3.10% of the company’s stock.

Sanmina Company 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.