Benchmark Electronics, Inc. $BHE Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC trimmed its stake in Benchmark Electronics, Inc. (NYSE:BHE) by 21.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 23,932 shares of the technology company’s stock after selling 6,655 shares during the quarter. Hsbc Holdings PLC owned approximately 0.07% of Benchmark Electronics worth $1,027,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Franklin Resources Inc. lifted its position in Benchmark Electronics by 8.1% in the 4th quarter. Franklin Resources Inc. now owns 2,906,748 shares of the technology company’s stock valued at $124,293,000 after purchasing an additional 218,450 shares during the last quarter. Tudor Investment Corp ET AL acquired a new position in Benchmark Electronics during the 3rd quarter valued at about $645,000. Oppenheimer Asset Management Inc. bought a new position in Benchmark Electronics in the 4th quarter worth about $1,193,000. UBS Group AG grew its position in Benchmark Electronics by 100.0% in the 4th quarter. UBS Group AG now owns 68,841 shares of the technology company’s stock worth $2,944,000 after purchasing an additional 34,415 shares during the last quarter. Finally, Connable Office Inc. acquired a new stake in shares of Benchmark Electronics in the fourth quarter valued at approximately $393,000. Institutional investors and hedge funds own 92.29% of the company’s stock.

Benchmark Electronics Price Performance

Shares of NYSE:BHE opened at $81.70 on Tuesday. The stock has a market cap of $2.93 billion, a price-to-earnings ratio of 86.00 and a beta of 1.24. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.18 and a quick ratio of 1.42. Benchmark Electronics, Inc. has a 12 month low of $34.44 and a 12 month high of $100.41. The stock’s 50 day moving average price is $87.28 and its 200 day moving average price is $66.73.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $676.25 million. During the same period last year, the company posted $0.52 EPS. The firm’s quarterly revenue 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 company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Benchmark Electronics’s payout ratio is presently 71.58%.

Analyst Ratings Changes

A number of research firms have recently weighed in on BHE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a report on Monday, April 20th. Lake Street Capital reaffirmed a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a research note on Thursday, April 30th. Finally, Needham & Company LLC boosted 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. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Benchmark Electronics has a consensus rating of “Moderate Buy” and a consensus target price of $86.00.

Insider Activity

In other news, SVP Stephen J. Beaver sold 20,000 shares of the firm’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 completion of the transaction, the senior vice president owned 75,020 shares in the company, valued at approximately $6,470,475. This trade represents a 21.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Rhonda R. Turner sold 6,600 shares of Benchmark Electronics stock in a transaction that occurred 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 SEC filing for this sale provides additional information. Insiders sold 86,352 shares of company stock valued at $7,312,806 over the last quarter. Insiders own 1.10% of the company’s stock.

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.