Benchmark Electronics, Inc. $BHE Position Trimmed by First Trust Advisors LP

First Trust Advisors LP decreased its holdings in Benchmark Electronics, Inc. (NYSE:BHE) by 21.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,410,317 shares of the technology company’s stock after selling 380,330 shares during the period. First Trust Advisors LP owned about 3.95% of Benchmark Electronics worth $54,368,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in BHE. Gamco Investors INC. ET AL grew its position in Benchmark Electronics by 10.0% during the third quarter. Gamco Investors INC. ET AL now owns 43,498 shares of the technology company’s stock valued at $1,677,000 after purchasing an additional 3,962 shares in the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Benchmark Electronics by 32.0% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 6,930 shares of the technology company’s stock valued at $267,000 after buying an additional 1,681 shares during the period. First Eagle Investment Management LLC boosted its stake in shares of Benchmark Electronics by 5.9% during the 3rd quarter. First Eagle Investment Management LLC now owns 238,469 shares of the technology company’s stock valued at $9,193,000 after buying an additional 13,390 shares during the period. Royce & Associates LP grew its holdings in shares of Benchmark Electronics by 1.2% during the 3rd quarter. Royce & Associates LP now owns 56,572 shares of the technology company’s stock valued at $2,181,000 after acquiring an additional 694 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Benchmark Electronics by 2.3% during the 3rd quarter. American Century Companies Inc. now owns 1,328,183 shares of the technology company’s stock valued at $51,201,000 after acquiring an additional 29,923 shares in the last quarter. 92.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BHE has been the subject of several recent research reports. Needham & Company LLC increased their price objective on Benchmark Electronics from $55.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Lake Street Capital set a $62.00 target price on Benchmark Electronics in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, January 21st. Finally, Wall Street Zen upgraded Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $62.00.

Benchmark Electronics Stock Up 0.7%

BHE opened at $54.69 on Thursday. The firm has a market cap of $1.95 billion, a P/E ratio of 79.26 and a beta of 0.99. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.52 and a current ratio of 2.28. The business has a 50 day moving average price of $53.09 and a 200 day moving average price of $46.12. Benchmark Electronics, Inc. has a twelve month low of $30.73 and a twelve month high of $61.12.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.64 by $0.07. Benchmark Electronics had a return on equity of 6.48% and a net margin of 0.93%.The company had revenue of $704.00 million for the quarter, compared to the consensus estimate of $696.67 million. During the same quarter last year, the company posted $0.61 earnings per share. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.

Benchmark Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 13th. Investors of record on Wednesday, December 31st were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.2%. The ex-dividend date was Wednesday, December 31st. Benchmark Electronics’s dividend payout ratio (DPR) is 98.55%.

Insider Buying and Selling at Benchmark Electronics

In other Benchmark Electronics news, CEO Jeff Benck sold 25,000 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $58.19, for a total transaction of $1,454,750.00. Following the completion of the transaction, the chief executive officer owned 398,180 shares of the company’s stock, valued at $23,170,094.20. The trade was a 5.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Rhonda R. Turner sold 10,000 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $47.83, for a total transaction of $478,300.00. Following the sale, the senior vice president owned 34,701 shares of the company’s stock, valued at $1,659,748.83. This trade represents a 22.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 50,934 shares of company stock worth $2,742,719 in the last quarter. Insiders own 2.20% 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.