Waratah Capital Advisors Ltd. Buys Shares of 33,570 Sanmina Corporation $SANM

Waratah Capital Advisors Ltd. purchased a new position in shares of Sanmina Corporation (NASDAQ:SANM - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 33,570 shares of the electronics maker's stock, valued at approximately $3,284,000. Waratah Capital Advisors Ltd. owned 0.06% of Sanmina as of its most recent filing with the Securities and Exchange Commission.

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A number of other large investors also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its holdings in Sanmina by 265.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 365 shares of the electronics maker's stock worth $28,000 after purchasing an additional 265 shares during the period. Banque Transatlantique SA bought a new stake in shares of Sanmina during the 1st quarter worth about $29,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Sanmina by 200.0% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 405 shares of the electronics maker's stock worth $31,000 after acquiring an additional 270 shares during the period. Harbour Investments Inc. boosted its holdings in shares of Sanmina by 1,612.9% in the second quarter. Harbour Investments Inc. now owns 531 shares of the electronics maker's stock valued at $52,000 after acquiring an additional 500 shares in the last quarter. Finally, Quarry LP boosted its holdings in shares of Sanmina by 5,883.3% in the first quarter. Quarry LP now owns 718 shares of the electronics maker's stock valued at $55,000 after acquiring an additional 706 shares in the last quarter. 92.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on SANM shares. Weiss Ratings restated a "buy (b)" rating on shares of Sanmina in a research report on Wednesday, October 8th. Zacks Research upgraded Sanmina from a "hold" rating to a "strong-buy" rating in a research report on Thursday, November 6th. Finally, Wall Street Zen lowered Sanmina from a "strong-buy" rating to a "buy" rating in a report on Sunday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $120.00.

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View Our Latest Report on SANM

Sanmina Stock Up 3.8%

Shares of Sanmina stock opened at $160.37 on Friday. Sanmina Corporation has a 12-month low of $63.67 and a 12-month high of $178.39. The firm has a market capitalization of $8.55 billion, a PE ratio of 34.34, a price-to-earnings-growth ratio of 1.43 and a beta of 1.17. The company has a quick ratio of 1.21, a current ratio of 1.91 and a debt-to-equity ratio of 0.12. The stock's fifty day moving average is $132.48 and its 200-day moving average is $110.76.

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Sanmina (NASDAQ:SANM - Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The electronics maker reported $1.67 earnings per share for the quarter, beating analysts' consensus estimates of $1.57 by $0.10. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.05 billion. Sanmina had a return on equity of 11.30% and a net margin of 3.22%.Sanmina's revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter last year, the company posted $1.43 EPS. Sanmina has set its Q1 2026 guidance at 1.950-2.250 EPS. Equities analysts anticipate that Sanmina Corporation will post 5.15 earnings per share for the current year.

About Sanmina

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.

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