Benchmark Electronics (NYSE:BHE) Releases Q3 2026 Earnings Guidance

Benchmark Electronics (NYSE:BHE) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.760-0.820 for the period, compared to the consensus earnings per share estimate of 0.720. The company issued revenue guidance of $755.0 million-$795.0 million, compared to the consensus revenue estimate of $744.3 million.

Benchmark Electronics Price Performance

NYSE:BHE traded up $1.50 on Friday, reaching $80.92. The stock had a trading volume of 139,213 shares, compared to its average volume of 409,836. The company has a quick ratio of 1.42, a current ratio of 2.18 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $2.90 billion, a P/E ratio of 54.94 and a beta of 1.24. Benchmark Electronics has a 1-year low of $34.44 and a 1-year high of $100.41. The stock has a fifty day moving average price of $86.17 and a 200-day moving average price of $70.03.

Benchmark Electronics (NYSE:BHE) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.06. Benchmark Electronics had a net margin of 1.89% and a return on equity of 7.31%. The company had revenue of $755.98 million during the quarter, compared to analyst estimates of $720.00 million. During the same quarter last year, the business posted $0.03 earnings per share. The company’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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. Benchmark Electronics’s dividend payout ratio is currently 46.26%.

Analysts Set New Price Targets

A number of 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 stock a “buy” rating in a research note on Thursday. Lake Street Capital reissued 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 restated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $91.00.

Insider Activity

In other news, SVP Rhonda R. Turner sold 6,600 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $85.14, for a total value of $561,924.00. Following the transaction, the senior vice president owned 36,067 shares of the company’s stock, valued at $3,070,744.38. This represents a 15.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director David W. Scheible sold 22,989 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $85.00, for a total value of $1,954,065.00. Following the completion of the transaction, the director owned 62,057 shares in the company, valued at $5,274,845. This represents a 27.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 86,352 shares of company stock worth $7,312,806. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Benchmark Electronics

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Virtu Financial LLC bought a new position in Benchmark Electronics during the fourth quarter worth about $284,000. Summit Global Investments increased its stake in shares of Benchmark Electronics by 151.9% in the 4th quarter. Summit Global Investments now owns 24,416 shares of the technology company’s stock valued at $1,044,000 after acquiring an additional 14,724 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Benchmark Electronics in the 4th quarter valued at about $1,214,000. VARCOV Co. acquired a new stake in shares of Benchmark Electronics in the 4th quarter valued at approximately $427,000. Finally, Wellington Management Group LLP raised its position in shares of Benchmark Electronics by 10.8% in the 4th quarter. Wellington Management Group LLP now owns 561,495 shares of the technology company’s stock valued at $24,010,000 after acquiring an additional 54,799 shares during the period. Institutional investors own 92.29% of the company’s stock.

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.