Benchmark Electronics, Inc. $BHE Shares Purchased by First Eagle Investment Management LLC

First Eagle Investment Management LLC raised its position in Benchmark Electronics, Inc. (NYSE:BHEFree Report) by 18.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 350,964 shares of the technology company’s stock after purchasing an additional 54,395 shares during the period. First Eagle Investment Management LLC’s holdings in Benchmark Electronics were worth $34,630,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BHE. ProShare Advisors LLC grew its holdings in shares of Benchmark Electronics by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 6,952 shares of the technology company’s stock worth $297,000 after buying an additional 214 shares in the last quarter. Pictet Asset Management Holding SA lifted its stake in shares of Benchmark Electronics by 4.6% in the first quarter. Pictet Asset Management Holding SA now owns 5,097 shares of the technology company’s stock worth $286,000 after buying an additional 226 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of Benchmark Electronics by 3.3% in the fourth quarter. Crossmark Global Holdings Inc. now owns 7,158 shares of the technology company’s stock worth $306,000 after buying an additional 228 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in Benchmark Electronics by 69.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock worth $26,000 after acquiring an additional 250 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted 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 acquiring an additional 322 shares during the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on BHE shares. Weiss Ratings upgraded shares of Benchmark Electronics from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, July 31st. Needham & Company LLC boosted their target price on Benchmark Electronics from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Benchmark Electronics has a consensus rating of “Buy” and an average target price of $91.00.

Read Our Latest Research Report on BHE

Benchmark Electronics Stock Up 0.2%

Shares of BHE opened at $72.75 on Monday. Benchmark Electronics, Inc. has a 52-week low of $35.91 and a 52-week high of $100.41. The company has a market capitalization of $2.61 billion, a PE ratio of 49.49 and a beta of 1.26. The stock has a fifty day simple moving average of $80.07 and a two-hundred day simple moving average of $74.40. The company has a quick ratio of 1.31, a current ratio of 1.99 and a debt-to-equity ratio of 0.16.

Benchmark Electronics (NYSE:BHEGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.69 by $0.06. The business had revenue of $755.98 million for the quarter, compared to analyst estimates of $720.00 million. Benchmark Electronics had a return on equity of 7.28% and a net margin of 1.89%.The company’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.03 EPS. Benchmark Electronics has set its Q3 2026 guidance at 0.760-0.820 EPS.

Insider Buying and Selling

In other Benchmark Electronics news, SVP Stephen Beaver sold 20,000 shares of Benchmark Electronics 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 transaction, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.10% of the stock is owned by company insiders.

Benchmark Electronics Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Benchmark Electronics (NYSE:BHE)

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