84,550 Shares in Benchmark Electronics, Inc. $BHE Purchased by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. acquired a new position in shares of Benchmark Electronics, Inc. (NYSE:BHE) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 84,550 shares of the technology company’s stock, valued at approximately $4,740,000.

Several other large investors also recently bought and sold shares of BHE. ProShare Advisors LLC lifted its position in shares of Benchmark Electronics by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 6,952 shares of the technology company’s stock valued at $297,000 after acquiring an additional 214 shares in the last quarter. Pictet Asset Management Holding SA increased its position in shares of Benchmark Electronics by 4.6% during the first quarter. Pictet Asset Management Holding SA now owns 5,097 shares of the technology company’s stock worth $286,000 after purchasing an additional 226 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Benchmark Electronics by 3.3% during the fourth quarter. Crossmark Global Holdings Inc. now owns 7,158 shares of the technology company’s stock worth $306,000 after purchasing an additional 228 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in shares of 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 purchasing an additional 250 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its stake 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 purchasing an additional 322 shares during the last quarter. 92.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on BHE shares. Needham & Company LLC raised their price objective on Benchmark Electronics from $62.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a report on Monday, April 20th. Finally, Lake Street Capital reiterated a “buy” rating and issued a $92.00 target price on shares of Benchmark Electronics in a research report on Thursday, April 30th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Benchmark Electronics presently has an average rating of “Moderate Buy” and an average price target of $86.00.

Benchmark Electronics Price Performance

BHE stock opened at $82.73 on Wednesday. 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 business has a 50 day simple moving average of $87.24 and a 200-day simple moving average of $67.00. The firm has a market capitalization of $2.97 billion, a PE ratio of 87.09 and a beta of 1.24. Benchmark Electronics, Inc. has a 1 year low of $34.44 and a 1 year high of $100.41.

Benchmark Electronics (NYSE:BHE) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.58 EPS for the quarter, beating 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 analysts’ expectations of $676.25 million. During the same quarter last year, the firm earned $0.52 earnings per share. The business’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 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were paid a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.8%. Benchmark Electronics’s dividend payout ratio (DPR) is 71.58%.

Insiders Place Their Bets

In other news, SVP Rhonda R. Turner sold 6,600 shares of Benchmark Electronics stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $85.14, for a total transaction of $561,924.00. Following the transaction, the senior vice president owned 36,067 shares in the company, valued at $3,070,744.38. The trade was a 15.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Stephen J. Beaver sold 20,000 shares of the business’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 transaction, the senior vice president directly owned 75,020 shares in the company, valued at approximately $6,470,475. The trade was a 21.05% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 86,352 shares of company stock worth $7,312,806. 1.10% of the stock is currently owned by company insiders.

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.