Benchmark Electronics (NYSE:BHE) CEO Sells $1,454,750.00 in Stock

Benchmark Electronics, Inc. (NYSE:BHE) 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 sale, the chief executive officer directly owned 398,180 shares in the company, valued at $23,170,094.20. This trade represents a 5.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Jeff Benck also recently made the following trade(s):

• On Wednesday, January 21st, Jeff Benck sold 14,900 shares of Benchmark Electronics stock. The stock was sold at an average price of $50.24, for a total value of $748,576.00.
• On Tuesday, January 20th, Jeff Benck sold 100 shares of Benchmark Electronics stock. The stock was sold at an average price of $50.00, for a total value of $5,000.00.
• On Monday, December 8th, Jeff Benck sold 10,000 shares of Benchmark Electronics stock. The shares were sold at an average price of $47.55, for a total value of $475,500.00.

Benchmark Electronics Stock Performance

Shares of NYSE:BHE traded up $0.50 during midday trading on Wednesday, reaching $58.77. The company’s stock had a trading volume of 106,389 shares, compared to its average volume of 265,779. The stock has a fifty day moving average of $48.25 and a 200 day moving average of $43.48. The firm has a market capitalization of $2.10 billion, a PE ratio of 85.20 and a beta of 1.03. Benchmark Electronics, Inc. has a twelve month low of $30.73 and a twelve month high of $59.97. The company has a quick ratio of 1.52, a current ratio of 2.28 and a debt-to-equity ratio of 0.19.

Benchmark Electronics (NYSE:BHE) last issued its earnings results on Tuesday, February 3rd. The technology company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.07. Benchmark Electronics had a return on equity of 6.48% and a net margin of 0.93%.The firm had revenue of $704.00 million for the quarter, compared to the consensus estimate of $696.67 million. During the same quarter in the prior year, the business earned $0.61 earnings per share. The company’s revenue 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 13th. Stockholders of record on Wednesday, December 31st were paid a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. Benchmark Electronics’s payout ratio is currently 98.55%.

Hedge Funds Weigh In On Benchmark Electronics

Several large investors have recently made changes to their positions in the stock. Franklin Resources Inc. raised its position in Benchmark Electronics by 8.1% in the fourth 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 period. First Trust Advisors LP increased its stake in Benchmark Electronics by 39.0% during the second quarter. First Trust Advisors LP now owns 1,790,647 shares of the technology company’s stock worth $69,531,000 after purchasing an additional 502,717 shares during the period. American Century Companies Inc. boosted its position in Benchmark Electronics by 2.3% in 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 buying an additional 29,923 shares during the period. Wasatch Advisors LP grew its stake in Benchmark Electronics by 0.6% during the 2nd quarter. Wasatch Advisors LP now owns 1,229,825 shares of the technology company’s stock worth $47,754,000 after purchasing an additional 6,868 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Benchmark Electronics by 1.4% during the second quarter. Geode Capital Management LLC now owns 887,370 shares of the technology company’s stock worth $34,461,000 after buying an additional 12,444 shares during the period. 92.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Wall Street Zen upgraded Benchmark Electronics from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Lake Street Capital set a $62.00 price target on shares of Benchmark Electronics in a research report on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, January 21st. Finally, Needham & Company LLC increased their price target on Benchmark Electronics from $55.00 to $62.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $62.00.

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.