Benchmark Electronics (NYSE:BHE) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Benchmark Electronics, Inc. (NYSE:BHE) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $41.78 and traded as high as $49.99. Benchmark Electronics shares last traded at $49.4550, with a volume of 209,379 shares traded.

Analyst Ratings Changes

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

Benchmark Electronics Stock Performance

The company has a current ratio of 2.32, a quick ratio of 1.50 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 48.52 and a beta of 1.03. The stock has a fifty day moving average price of $45.24 and a 200-day moving average price of $41.88.

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

Benchmark Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 13th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, December 31st. Benchmark Electronics’s dividend payout ratio is currently 66.67%.

Insider Activity

In related news, SVP Rhonda R. 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 transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jan M. Janick sold 8,967 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $42.66, for a total value of $382,532.22. Following the sale, the senior vice president directly owned 53,401 shares of the company’s stock, valued at $2,278,086.66. This represents a 14.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 48,967 shares of company stock worth $2,275,882. 2.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Franklin Resources Inc. increased its position in Benchmark Electronics by 14.4% in the 3rd quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company’s stock valued at $103,634,000 after acquiring an additional 338,081 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of Benchmark Electronics by 39.0% in the second quarter. First Trust Advisors LP now owns 1,790,647 shares of the technology company’s stock valued at $69,531,000 after purchasing an additional 502,717 shares in the last quarter. American Century Companies Inc. raised its position in Benchmark Electronics by 2.3% in the 3rd quarter. American Century Companies Inc. now owns 1,328,183 shares of the technology company’s stock worth $51,201,000 after purchasing an additional 29,923 shares during the last quarter. Wasatch Advisors LP lifted its holdings in Benchmark Electronics by 0.6% during the 2nd quarter. Wasatch Advisors LP now owns 1,229,825 shares of the technology company’s stock worth $47,754,000 after buying an additional 6,868 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Benchmark Electronics by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 887,370 shares of the technology company’s stock worth $34,461,000 after buying an additional 12,444 shares in the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

Benchmark Electronics Company Profile

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.