Benchmark Electronics (NYSE:BHE) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Benchmark Electronics, Inc. (NYSE:BHE) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $47.09 and traded as high as $60.07. Benchmark Electronics shares last traded at $59.5240, with a volume of 518,491 shares.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, January 21st. Needham & Company LLC increased their target price on Benchmark Electronics from $55.00 to $62.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Lake Street Capital set a $62.00 price target on shares of Benchmark Electronics in a research note on Wednesday, February 4th. Finally, Wall Street Zen upgraded shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $62.00.

Benchmark Electronics Trading Down 4.8%

The company has a 50 day simple moving average of $55.30 and a 200 day simple moving average of $47.23. The company has a market capitalization of $2.00 billion, a PE ratio of 81.46 and a beta of 0.99. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.52 and a current ratio of 2.28.

Benchmark Electronics (NYSE:BHE) last released its 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. Benchmark Electronics had a return on equity of 6.48% and a net margin of 0.93%.The business had revenue of $704.00 million for the quarter, compared to the consensus estimate of $696.67 million. During the same quarter last year, the business posted $0.61 earnings per share. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.

Benchmark Electronics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. Benchmark Electronics’s dividend payout ratio is presently 98.55%.

Insider Activity at Benchmark Electronics

In other news, CEO Jeff Benck sold 834 shares of the firm’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $60.06, for a total value of $50,090.04. Following the transaction, the chief executive officer directly owned 397,246 shares of the company’s stock, valued at approximately $23,858,594.76. This trade represents a 0.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders have sold 40,934 shares of company stock valued at $2,264,419 in the last ninety days. 2.20% of the stock is owned by corporate insiders.

Institutional Trading of Benchmark Electronics

Several large investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. lifted its stake in Benchmark Electronics by 69.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock worth $26,000 after purchasing an additional 250 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in shares of Benchmark Electronics in the third quarter valued at approximately $40,000. Kestra Advisory Services LLC acquired a new stake in shares of Benchmark Electronics in the fourth quarter valued at approximately $42,000. Clearstead Advisors LLC increased its holdings in shares of Benchmark Electronics by 246.8% in the fourth quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company’s stock valued at $58,000 after purchasing an additional 970 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its position in Benchmark Electronics by 28.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company’s stock worth $62,000 after buying an additional 322 shares in the last quarter. Hedge funds and other institutional investors own 92.29% of the company’s stock.

About Benchmark Electronics

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.