Benchmark Electronics, Inc. $BHE Shares Sold by Royce & Associates LP

Royce & Associates LP lowered its stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 21.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,583 shares of the technology company’s stock after selling 11,989 shares during the quarter. Royce & Associates LP’s holdings in Benchmark Electronics were worth $1,906,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Franklin Resources Inc. increased its holdings in shares of Benchmark Electronics by 14.4% during the third quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company’s stock valued at $103,634,000 after acquiring an additional 338,081 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Benchmark Electronics by 2.3% during the third 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. Wasatch Advisors LP increased its holdings in shares of Benchmark Electronics by 0.6% during the second quarter. Wasatch Advisors LP now owns 1,229,825 shares of the technology company’s stock valued at $47,754,000 after acquiring an additional 6,868 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of Benchmark Electronics by 25.8% during the third quarter. Qube Research & Technologies Ltd now owns 536,395 shares of the technology company’s stock valued at $20,678,000 after acquiring an additional 109,931 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in shares of Benchmark Electronics by 16.2% during the third quarter. Wellington Management Group LLP now owns 506,696 shares of the technology company’s stock valued at $19,533,000 after acquiring an additional 70,714 shares in the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on BHE shares. Needham & Company LLC increased their price target on shares of Benchmark Electronics from $62.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Wall Street Zen upgraded shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Lake Street Capital reiterated a “buy” rating and issued a $92.00 price target on shares of Benchmark Electronics in a report on Thursday, April 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a report on Monday, April 20th. Two equities research 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 has an average rating of “Moderate Buy” and an average price target of $86.00.

Insider Activity

In other news, SVP Rhonda R. Turner sold 6,600 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $85.14, for a total transaction of $561,924.00. Following the sale, the senior vice president owned 36,067 shares of the company’s stock, valued at $3,070,744.38. This trade represents a 15.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO David Moezidis sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $87.57, for a total transaction of $1,094,625.00. Following the sale, the chief executive officer directly owned 85,564 shares in the company, valued at $7,492,839.48. The trade was a 12.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 66,352 shares of company stock worth $5,587,806 over the last 90 days. Company insiders own 1.10% of the company’s stock.

Benchmark Electronics Price Performance

Shares of NYSE:BHE opened at $84.38 on Friday. Benchmark Electronics, Inc. has a twelve month low of $34.44 and a twelve month high of $89.40. The company’s 50 day moving average is $70.70 and its 200 day moving average is $57.14. 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 company has a market cap of $3.03 billion, a PE ratio of 88.82 and a beta of 1.28.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.02. Benchmark Electronics had a net margin of 1.27% and a return on equity of 6.63%. The company had revenue of $677.28 million for the quarter, compared to the consensus estimate of $676.25 million. During the same quarter in the prior year, the company earned $0.52 EPS. Benchmark Electronics’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 disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, March 31st. 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 presently 71.58%.

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.