Vaughan Nelson Investment Management, L.P. 13F: Adds $70M to SANM Stake

Vaughan Nelson Investment Management, L.P. has significantly increased its stake in Sanmina Corporation (NASDAQ:SANM). In its latest 13F filing with the SEC, the firm reported boosting its holdings by 57.5%, adding 278,465 shares, to end the reporting period with 762,365 shares valued at approximately $194.6 million.

What Changed in Vaughan Nelson's Sanmina Position

Vaughan Nelson's move reflects a substantial increase in its Sanmina position. The firm previously held 483,900 shares and added 278,465 shares during the period, bringing its total to 762,365 shares. This represents a 57.5% increase, indicating a significant vote of confidence in the company.

Other Institutional Activity in Sanmina

Several other institutional investors also adjusted their positions in Sanmina. BlackRock, Inc. grew its holdings by 258,473 shares, ending with 8,592,515 shares worth about $1.11 billion. FMR LLC added 367,798 shares, bringing its total to 7,256,500 shares valued at approximately $940.7 million. In contrast, Invesco Ltd. reduced its position by 251,880 shares, leaving it with 2,415,360 shares valued at $313.1 million. Dimensional Fund Advisors LP also trimmed its stake by 93,821 shares to a total of 2,177,163 shares valued at $282.2 million.

Sanmina Corporation Stock Up 26.8%

Shares of Sanmina Corporation (NASDAQ:SANM) are trading near $255.20. The company has a market capitalization of about $13.68 billion, with a P/E ratio of 54.07 and a forward P/E of 19.60. Sanmina's beta stands at 1.556, indicating its volatility compared to the market. The stock has a 52-week range between $86.57 and $288.68, with a 50-day moving average of $214.59 and a 200-day moving average of $160.43.

Recent Earnings

Sanmina reported revenue of $11.34 billion, with a modest revenue growth rate of 1.023. The company's net margin is 2.29%, and it has a return on equity of 10.96%. Sanmina is scheduled to release its next earnings report on July 27, 2026.

Insider Buying and Selling at Sanmina Corporation

Several insiders at Sanmina have sold shares recently. On May 29, 2026, EVP & CFO Jonathan Faust sold 10,076 shares at an average price of $265.80 under a planned sale. EVP, Global Human Resources Alan McWilliams sold shares on multiple occasions in May, including 5,000 shares on May 26 at $254.39. Chairman & CEO Jure Sola also sold 118,368 shares on May 6 at $228.84.

Analysts Set New Price Targets

Analysts have mixed views on Sanmina. On March 30, 2026, JP Morgan initiated coverage with a 'hold' rating and a $145 price target. Earlier, on January 28, 2026, Argus Research maintained a 'buy' rating with a $200 target. The consensus rating is a 'buy', with a mean target price of $223.75 among four analysts.

About Sanmina Corporation

Sanmina Corporation, headquartered in San Jose, California, provides integrated manufacturing solutions across various regions, including the Americas, Asia Pacific, and Europe. The company operates through its Integrated Manufacturing Solutions and Components, Products and Services segments. It offers a range of services from product design and engineering to after-market support, primarily serving original equipment manufacturers in industries like industrial, medical, and defense.

Bottom Line

Vaughan Nelson's significant increase in its stake in Sanmina Corporation suggests confidence in the company's future. Investors often track 13F filings to gauge institutional sentiment, though these filings are backward-looking and may not reflect current positions. Sanmina's stock performance and insider activities provide additional context for those assessing the company's outlook.