Benchmark Electronics (NYSE:BHE) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Benchmark Electronics, Inc. (NYSE:BHE) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $59.63 and traded as high as $88.57. Benchmark Electronics shares last traded at $83.0650, with a volume of 501,354 shares changing hands.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Lake Street Capital reaffirmed a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a report on Thursday, April 30th. Needham & Company LLC increased their price target on Benchmark Electronics from $62.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Wall Street Zen upgraded Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research note 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 equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.00.

Benchmark Electronics Stock Up 0.9%

The firm’s 50-day moving average price is $76.77 and its 200 day moving average price is $60.16. The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of 94.54 and a beta of 1.26. The company has a current ratio of 2.18, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18.

Benchmark Electronics (NYSE:BHE) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. Benchmark Electronics had a net margin of 1.27% and a return on equity of 6.63%. The business had revenue of $677.28 million for the quarter, compared to analyst estimates of $676.25 million. During the same quarter last year, the business posted $0.52 EPS. The firm’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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.68 annualized dividend and a yield of 0.8%. Benchmark Electronics’s dividend payout ratio (DPR) is 71.58%.

Insider Transactions at Benchmark Electronics

In other Benchmark Electronics news, SVP Rhonda R. Turner sold 6,600 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $85.14, for a total transaction of $561,924.00. Following the completion of the transaction, the senior vice president owned 36,067 shares of the company’s stock, valued at approximately $3,070,744.38. The trade was a 15.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kenneth T. Lamneck sold 24,263 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $81.49, for a total transaction of $1,977,191.87. Following the completion of the sale, the director owned 47,418 shares in the company, valued at approximately $3,864,092.82. The trade was a 33.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 86,352 shares of company stock valued at $7,312,806. Company insiders own 1.10% of the company’s stock.

Institutional Trading of Benchmark Electronics

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in shares of Benchmark Electronics by 30.2% during the 1st quarter. Royal Bank of Canada now owns 14,420 shares of the technology company’s stock valued at $548,000 after acquiring an additional 3,341 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Benchmark Electronics by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,239 shares of the technology company’s stock worth $808,000 after purchasing an additional 931 shares in the last quarter. Caxton Associates LLP bought a new position in Benchmark Electronics in the first quarter valued at about $202,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Benchmark Electronics by 12.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,673 shares of the technology company’s stock valued at $3,981,000 after purchasing an additional 11,369 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Benchmark Electronics by 99.8% during the first quarter. Jane Street Group LLC now owns 107,802 shares of the technology company’s stock valued at $4,100,000 after purchasing an additional 53,840 shares in the last quarter. 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.