Heartland Advisors Inc. Purchases New Stake in Benchmark Electronics, Inc. $BHE

Heartland Advisors Inc. acquired a new position in shares of Benchmark Electronics, Inc. (NYSE:BHE) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 65,000 shares of the technology company’s stock, valued at approximately $6,414,000. Heartland Advisors Inc. owned approximately 0.18% of Benchmark Electronics as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. ProShare Advisors LLC increased its stake in shares of 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 last quarter. Pictet Asset Management Holding SA grew its holdings in shares of Benchmark Electronics by 4.6% in the first quarter. Pictet Asset Management Holding SA now owns 5,097 shares of the technology company’s stock valued at $286,000 after purchasing an additional 226 shares during the period. Crossmark Global Holdings Inc. grew its holdings in shares of Benchmark Electronics by 3.3% in the fourth quarter. Crossmark Global Holdings Inc. now owns 7,158 shares of the technology company’s stock valued at $306,000 after purchasing an additional 228 shares during the period. Rockefeller Capital Management L.P. increased its position in 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 during the last quarter. Finally, Parkside Financial Bank & Trust increased its position 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 purchasing an additional 322 shares during the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

Insider Buying and Selling

In related news, CEO David Moezidis sold 12,500 shares of Benchmark Electronics stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $87.57, for a total value of $1,094,625.00. Following the completion of the sale, the chief executive officer owned 85,564 shares in the company, valued at approximately $7,492,839.48. This trade represents a 12.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Stephen J. Beaver sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $86.25, for a total value of $1,725,000.00. Following the completion of the sale, 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. 1.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on BHE shares. Needham & Company LLC boosted 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. Lake Street Capital restated a “buy” rating and set a $92.00 price target on shares of Benchmark Electronics in a report on Thursday, April 30th. Finally, 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, Benchmark Electronics has an average rating of “Buy” and a consensus price target of $91.00.

Benchmark Electronics Stock Performance

NYSE BHE opened at $72.46 on Friday. The stock has a market cap of $2.60 billion, a PE ratio of 49.29 and a beta of 1.27. The company has a current ratio of 1.99, a quick ratio of 1.31 and a debt-to-equity ratio of 0.16. Benchmark Electronics, Inc. has a twelve month low of $35.91 and a twelve month high of $100.41. The stock has a fifty day simple moving average of $84.16 and a 200-day simple moving average of $73.30.

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

Benchmark Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. Benchmark Electronics’s dividend payout ratio (DPR) 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.