Benchmark Electronics (NYSE:BHE) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Benchmark Electronics (NYSE:BHE) from a buy rating to a strong-buy rating in a report released on Saturday.

A number of other research analysts also recently issued reports on the stock. Needham & Company LLC upped their price objective on shares of Benchmark Electronics from $55.00 to $62.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Lake Street Capital set a $62.00 target price on shares of Benchmark Electronics in a report on Wednesday, February 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Benchmark Electronics has an average rating of “Moderate Buy” and an average target price of $62.00.

Benchmark Electronics Stock Up 0.9%

Shares of BHE opened at $58.31 on Friday. The stock’s 50-day moving average price is $51.61 and its two-hundred day moving average price is $45.39. Benchmark Electronics has a 12 month low of $30.73 and a 12 month high of $61.12. The company has a market capitalization of $2.08 billion, a PE ratio of 84.51 and a beta of 0.99. The company has a current ratio of 2.28, a quick ratio of 1.52 and a debt-to-equity ratio of 0.19.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.07. The company had revenue of $704.00 million during the quarter, compared to analysts’ expectations of $696.67 million. Benchmark Electronics had a return on equity of 6.48% and a net margin of 0.93%.The business’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.61 earnings per share. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.

Benchmark Electronics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 13th. Shareholders of record on Wednesday, December 31st were issued a $0.17 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.68 annualized dividend and a yield of 1.2%. Benchmark Electronics’s dividend payout ratio is presently 98.55%.

Insider Activity

In other Benchmark Electronics news, SVP Stephen J. Beaver sold 1,250 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $48.00, for a total transaction of $60,000.00. Following the completion of the sale, the senior vice president owned 85,745 shares in the company, valued at approximately $4,115,760. The trade was a 1.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jeff Benck sold 834 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $60.06, for a total transaction of $50,090.04. Following the transaction, the chief executive officer owned 397,246 shares in the company, valued at approximately $23,858,594.76. The trade was a 0.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 80,934 shares of company stock worth $4,157,769 over the last quarter. 2.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Aster Capital Management DIFC Ltd acquired a new stake in shares of Benchmark Electronics in the 3rd quarter worth about $40,000. Kestra Advisory Services LLC purchased a new stake in Benchmark Electronics in the 4th quarter valued at $42,000. Clearstead Advisors LLC lifted its stake in Benchmark Electronics by 246.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company’s stock valued at $58,000 after acquiring an additional 970 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in Benchmark Electronics by 28.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company’s stock worth $62,000 after acquiring an additional 322 shares during the last quarter. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Benchmark Electronics in the 4th quarter worth $79,000. 92.29% of the stock is currently owned by institutional investors and hedge funds.

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.