Benchmark Electronics, Inc. (NYSE:BHE) Short Interest Update

Benchmark Electronics, Inc. (NYSE:BHE) saw a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,464,894 shares, an increase of 25.3% from the February 26th total of 1,169,060 shares. Based on an average daily volume of 323,006 shares, the short-interest ratio is presently 4.5 days. Currently, 4.2% of the company’s stock are short sold.

Benchmark Electronics Stock Performance

Shares of BHE stock traded up $2.19 during mid-day trading on Wednesday, hitting $58.25. 76,952 shares of the stock were exchanged, compared to its average volume of 322,630. The stock’s fifty day simple moving average is $55.63 and its two-hundred day simple moving average is $47.67. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of 84.36 and a beta of 0.99. Benchmark Electronics has a 12-month low of $30.73 and a 12-month high of $61.12. 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 posted 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. The business had revenue of $704.00 million during the quarter, compared to the consensus estimate 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 period in the previous year, the business earned $0.61 EPS. 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 $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, March 31st. Benchmark Electronics’s payout ratio is presently 98.55%.

Insider Buying and Selling at Benchmark Electronics

In other news, CEO Jeff Benck sold 834 shares of Benchmark Electronics stock in a transaction on Friday, February 13th. The shares were sold at an average price of $60.06, for a total transaction of $50,090.04. Following the completion of the sale, the chief executive officer directly owned 397,246 shares of the company’s stock, valued at approximately $23,858,594.76. The trade was a 0.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 40,934 shares of company stock valued at $2,264,419. 2.20% of the stock is currently owned by company insiders.

Institutional Trading of Benchmark Electronics

A number of large investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. increased its stake in Benchmark Electronics by 69.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock valued at $26,000 after purchasing an additional 250 shares during the period. Virtu Financial LLC acquired a new stake in shares of Benchmark Electronics during the fourth quarter worth about $284,000. Summit Global Investments grew its holdings in shares of Benchmark Electronics by 151.9% during the fourth quarter. Summit Global Investments now owns 24,416 shares of the technology company’s stock worth $1,044,000 after buying an additional 14,724 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of Benchmark Electronics during the fourth quarter worth about $1,214,000. Finally, VARCOV Co. acquired a new position in Benchmark Electronics in the 4th quarter valued at about $427,000. Institutional investors and hedge funds own 92.29% of the company’s stock.

Analyst Ratings Changes

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

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.