Benchmark Electronics (NYSE:BHE) Director David Scheible Sells 22,989 Shares

Benchmark Electronics, Inc. (NYSE:BHE) Director David Scheible sold 22,989 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $85.00, for a total transaction of $1,954,065.00. Following the transaction, the director directly owned 62,057 shares in the company, valued at approximately $5,274,845. This represents a 27.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Benchmark Electronics Trading Down 2.6%

Shares of NYSE BHE traded down $2.29 during trading on Friday, hitting $84.74. 151,445 shares of the company traded hands, compared to its average volume of 358,890. Benchmark Electronics, Inc. has a 1 year low of $34.44 and a 1 year high of $87.73. The company has a 50-day moving average price of $64.09 and a 200-day moving average price of $54.09. The firm has a market capitalization of $3.04 billion, a P/E ratio of 89.20 and a beta of 1.28. The company has a quick ratio of 1.42, a current ratio of 2.18 and a debt-to-equity ratio of 0.18.

Benchmark Electronics (NYSE:BHE) last issued its 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 return on equity of 6.63% and a net margin of 1.27%.The business had revenue of $677.28 million for the quarter, compared to analyst estimates of $676.25 million. During the same period last year, the company posted $0.52 EPS. The business’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 Announces Dividend

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 $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 31st. Benchmark Electronics’s payout ratio is currently 71.58%.

Hedge Funds Weigh In On Benchmark Electronics

A number of institutional investors have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. boosted its holdings in Benchmark Electronics by 69.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock valued at $26,000 after purchasing an additional 250 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of Benchmark Electronics in the 3rd quarter valued at approximately $40,000. Kestra Advisory Services LLC purchased a new position in shares of Benchmark Electronics during the 4th quarter valued at approximately $42,000. Clearstead Advisors LLC boosted its stake in shares of Benchmark Electronics by 246.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company’s stock valued at $58,000 after buying an additional 970 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its position in shares of 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 buying an additional 322 shares in the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Benchmark Electronics Company 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.