Hsbc Holdings PLC Invests $4.27 Million in Benchmark Electronics, Inc. $BHE

Hsbc Holdings PLC bought a new position in Benchmark Electronics, Inc. (NYSE:BHE) during the second quarter, Holdings Channel reports. The firm bought 43,014 shares of the technology company’s stock, valued at approximately $4,274,000.

Other hedge funds have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. boosted its stake in Benchmark Electronics by 69.6% during the 4th 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 last quarter. Kestra Advisory Services LLC purchased a new position in shares of Benchmark Electronics during the fourth quarter valued at approximately $42,000. Clearstead Advisors LLC boosted its position in shares of Benchmark Electronics by 246.8% during the fourth 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 last quarter. Parkside Financial Bank & Trust grew its holdings 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. Finally, Group One Trading LLC purchased a new stake in Benchmark Electronics in the 2nd quarter valued at $73,000. Institutional investors and hedge funds own 92.29% of the company’s stock.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other Benchmark Electronics news, SVP Stephen J. Beaver sold 20,000 shares of the business’s stock in a transaction on 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 sale, the senior vice president owned 75,020 shares of the company’s stock, valued at $6,470,475. The trade was a 21.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.10% of the company’s stock.

Benchmark Electronics Price Performance

NYSE BHE opened at $71.30 on Friday. The company has a market cap of $2.56 billion, a PE ratio of 48.50 and a beta of 1.27. Benchmark Electronics, Inc. has a 52 week low of $35.91 and a 52 week high of $100.41. The company has a quick ratio of 1.31, a current ratio of 1.99 and a debt-to-equity ratio of 0.16. The firm’s 50-day simple moving average is $82.26 and its two-hundred day simple moving average is $73.86.

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

Benchmark Electronics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Tuesday, June 30th. Benchmark Electronics’s payout ratio is currently 46.26%.

Benchmark Electronics 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.