Benchmark Electronics (NYSE:BHE) SVP Stephen Beaver Sells 20,000 Shares

Benchmark Electronics, Inc. (NYSE:BHE) SVP Stephen Beaver sold 20,000 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $86.25, for a total transaction of $1,725,000.00. Following the completion of the sale, the senior vice president directly owned 75,020 shares of the company’s stock, valued at $6,470,475. The trade was a 21.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Benchmark Electronics Stock Performance

Shares of NYSE:BHE traded up $6.19 on Thursday, reaching $89.05. The company’s stock had a trading volume of 589,292 shares, compared to its average volume of 369,540. The stock’s 50-day moving average is $75.46 and its two-hundred day moving average is $59.63. Benchmark Electronics, Inc. has a 52-week low of $34.44 and a 52-week high of $89.40. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.18 and a quick ratio of 1.42. The stock has a market capitalization of $3.20 billion, a P/E ratio of 93.74 and a beta of 1.26.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.02. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The firm had revenue of $677.28 million during the quarter, compared to the consensus estimate of $676.25 million. During the same period last year, the company earned $0.52 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.68 annualized dividend and a dividend yield of 0.8%. Benchmark Electronics’s dividend payout ratio (DPR) is currently 71.58%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on BHE shares. Lake Street Capital reaffirmed a “buy” rating and set a $92.00 price target on shares of Benchmark Electronics in a report on Thursday, April 30th. Needham & Company LLC increased their target price on Benchmark Electronics from $62.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Wall Street Zen raised Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $86.00.

Hedge Funds Weigh In On Benchmark Electronics

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Rockefeller Capital Management L.P. grew its position in shares of 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. Aster Capital Management DIFC Ltd purchased a new stake in Benchmark Electronics in the 3rd quarter valued at about $40,000. Kestra Advisory Services LLC purchased a new stake in Benchmark Electronics in the 4th quarter valued at about $42,000. Clearstead Advisors LLC grew its holdings in Benchmark Electronics by 246.8% in the 4th quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company’s stock valued at $58,000 after buying an additional 970 shares during the period. Finally, Parkside Financial Bank & Trust grew its holdings in Benchmark Electronics by 28.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company’s stock valued at $62,000 after buying an additional 322 shares during the period. 92.29% of the stock is owned by institutional investors and hedge funds.

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.