Benchmark Electronics (NYSE:BHE) SVP Rhonda Turner Sells 10,000 Shares

Benchmark Electronics, Inc. (NYSE:BHE) SVP Rhonda Turner sold 10,000 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $47.83, for a total value of $478,300.00. Following the sale, the senior vice president directly owned 34,701 shares in the company, valued at $1,659,748.83. This represents a 22.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Benchmark Electronics Stock Performance

NYSE:BHE opened at $45.61 on Wednesday. The company has a market cap of $1.63 billion, a price-to-earnings ratio of 44.71 and a beta of 1.05. Benchmark Electronics, Inc. has a fifty-two week low of $30.73 and a fifty-two week high of $50.26. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.50 and a current ratio of 2.32. The stock has a fifty day moving average price of $43.70 and a 200-day moving average price of $40.75.

Benchmark Electronics (NYSE:BHE) last posted its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.05. Benchmark Electronics had a net margin of 1.43% and a return on equity of 6.15%. The business had revenue of $680.68 million during the quarter, compared to analysts’ expectations of $661.67 million. During the same quarter in the prior year, the business posted $0.57 earnings per share. Benchmark Electronics’s revenue was up 3.5% compared to the same quarter last year. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 13th. Stockholders of record on Wednesday, December 31st will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.5%. Benchmark Electronics’s payout ratio is 66.67%.

Analysts Set New Price Targets

BHE has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Benchmark Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, October 8th. Finally, Lake Street Capital reissued a “buy” rating and issued a $51.00 price objective on shares of Benchmark Electronics in a research note on Wednesday, November 5th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Benchmark Electronics currently has an average rating of “Moderate Buy” and a consensus target price of $49.00.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Nuveen LLC purchased a new position in Benchmark Electronics in the first quarter worth $6,746,000. Public Sector Pension Investment Board lifted its stake in shares of Benchmark Electronics by 27.2% during the 1st quarter. Public Sector Pension Investment Board now owns 114,140 shares of the technology company’s stock valued at $4,341,000 after buying an additional 24,407 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Benchmark Electronics by 73,607.2% during the first quarter. Russell Investments Group Ltd. now owns 50,858 shares of the technology company’s stock worth $1,934,000 after acquiring an additional 50,789 shares in the last quarter. American Century Companies Inc. boosted its stake in Benchmark Electronics by 8.6% in the 1st quarter. American Century Companies Inc. now owns 1,252,658 shares of the technology company’s stock worth $47,639,000 after purchasing an additional 99,401 shares during the period. Finally, Raymond James Financial Inc. grew its stake in Benchmark Electronics by 81.0% during the first quarter. Raymond James Financial Inc. now owns 165,246 shares of the technology company’s stock valued at $6,284,000 after acquiring an additional 73,937 shares in the last quarter. 92.29% of the stock is owned by institutional investors.

About Benchmark Electronics

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.