Kennedy Capital Management LLC Raises Stake in Benchmark Electronics, Inc. $BHE

Kennedy Capital Management LLC lifted its position in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 8.5% in the fourth quarter, Holdings Channel reports. The firm owned 394,698 shares of the technology company’s stock after purchasing an additional 31,047 shares during the period. Kennedy Capital Management LLC’s holdings in Benchmark Electronics were worth $16,877,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. ProShare Advisors LLC boosted its holdings in Benchmark Electronics by 3.2% in the 4th quarter. ProShare Advisors LLC now owns 6,952 shares of the technology company’s stock worth $297,000 after acquiring an additional 214 shares during the period. Crossmark Global Holdings Inc. boosted its holdings in Benchmark Electronics by 3.3% in the 4th quarter. Crossmark Global Holdings Inc. now owns 7,158 shares of the technology company’s stock worth $306,000 after acquiring an additional 228 shares during the period. Parkside Financial Bank & Trust boosted its holdings 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 worth $62,000 after acquiring an additional 322 shares during the period. Hohimer Wealth Management LLC boosted its holdings in Benchmark Electronics by 6.7% in the 3rd quarter. Hohimer Wealth Management LLC now owns 5,586 shares of the technology company’s stock worth $215,000 after acquiring an additional 350 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in Benchmark Electronics by 12.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,124 shares of the technology company’s stock worth $120,000 after acquiring an additional 358 shares during the period. Hedge funds and other institutional investors own 92.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BHE. Needham & Company LLC upped their price target on Benchmark Electronics from $62.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a report on Monday, April 20th. Wall Street Zen upgraded Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Finally, Lake Street Capital restated a “buy” rating and issued a $92.00 price target on shares of Benchmark Electronics in a report on Thursday, April 30th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $86.00.

Benchmark Electronics Stock Performance

BHE stock opened at $89.81 on Friday. The company has a current ratio of 2.18, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18. The firm has a market cap of $3.22 billion, a P/E ratio of 94.54 and a beta of 1.26. Benchmark Electronics, Inc. has a 12-month low of $34.44 and a 12-month high of $91.20. The stock’s 50 day simple moving average is $76.77 and its 200 day simple moving average is $60.16.

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, beating the consensus estimate of $0.56 by $0.02. The business had revenue of $677.28 million for the quarter, compared to analyst estimates of $676.25 million. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The business’s revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.52 EPS. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Benchmark Electronics’s dividend payout ratio is currently 71.58%.

Insider Buying and Selling at Benchmark Electronics

In related news, SVP Rhonda R. Turner sold 6,600 shares of the company’s 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 completion of the transaction, the senior vice president directly owned 36,067 shares in the company, valued at $3,070,744.38. This represents a 15.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David Moezidis sold 12,500 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $87.57, for a total value of $1,094,625.00. Following the transaction, the chief executive officer owned 85,564 shares of the company’s stock, valued at approximately $7,492,839.48. The trade was a 12.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 86,352 shares of company stock worth $7,312,806. 1.10% of the stock is owned by insiders.

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.