SCHEDULE 13G/A: BlackRock Discloses 15.1% Beneficial Ownership in Sanmina Corp

BlackRock, Inc. has filed an amended Schedule 13G, reporting a 15.1% beneficial ownership stake in Sanmina Corp as of March 31, 2025.

Summary

• BlackRock, Inc. reported beneficial ownership of 8,218,172 shares of Sanmina Corp common stock.
• This represents 15.1% of Sanmina Corp's common stock outstanding.
• BlackRock holds sole voting power over 8,114,937 shares and sole dispositive power over 8,218,172 shares.
• The filing is an Amendment No. 5 to a previous Schedule 13G.
• The ownership is reported as of March 31, 2025.
• BlackRock, Inc. is classified as a Parent Holding Company and Control Person.
• iShares Core S&P Small-Cap ETF, a BlackRock entity, is identified as having an interest of more than five percent of the total outstanding common stock of Sanmina Corp.
• BlackRock Fund Advisors is also noted as an entity beneficially owning 5% or greater of the outstanding shares of the security class.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the issuer's performance or outlook. It is a routine regulatory filing.

Future Outlook

NA This filing is a disclosure of beneficial ownership and does not provide forward-looking statements or guidance regarding Sanmina Corp's future performance.

Management Comments

• BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Sanmina Corp.
• The securities were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.

Industry Context

This Schedule 13G filing indicates that BlackRock, a major institutional investor, holds a significant passive stake in Sanmina Corp. Such filings are common for large asset managers who acquire substantial positions in publicly traded companies for investment purposes, rather than to exert control. It reflects BlackRock's continued investment in the electronics manufacturing services sector, often through broad market index funds or ETFs.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, which can influence market perception and liquidity.
• Company Management: Awareness of a large passive shareholder, though BlackRock certifies it does not seek to influence control.

Key Dates

Keywords

BlackRock, Sanmina Corp, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment Management, Passive Investment