Franklin Resources Inc. Purchases 218,450 Shares of Benchmark Electronics, Inc. $BHE

Franklin Resources Inc. raised its position in Benchmark Electronics, Inc. (NYSE:BHE) by 8.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,906,748 shares of the technology company’s stock after buying an additional 218,450 shares during the period. Franklin Resources Inc. owned approximately 0.08% of Benchmark Electronics worth $124,293,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Aster Capital Management DIFC Ltd acquired a new stake in shares of Benchmark Electronics in the third quarter valued at about $40,000. Clearstead Advisors LLC increased its stake in shares of Benchmark Electronics by 246.8% in the fourth 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 period. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Benchmark Electronics in the fourth quarter valued at about $101,000. Tower Research Capital LLC TRC increased its stake in shares of Benchmark Electronics by 215.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company’s stock valued at $116,000 after buying an additional 2,048 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Benchmark Electronics by 12.9% in the third quarter. PNC Financial Services Group Inc. now owns 3,124 shares of the technology company’s stock valued at $120,000 after buying an additional 358 shares during the period. 92.29% of the stock is currently owned by institutional investors.

Benchmark Electronics Trading Down 4.2%

NYSE BHE opened at $83.07 on Thursday. The business has a 50 day simple moving average of $75.46 and a 200 day simple moving average of $59.63. Benchmark Electronics, Inc. has a one year low of $34.44 and a one year high of $89.40. The stock has a market capitalization of $2.98 billion, a P/E ratio of 87.44 and a beta of 1.26. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.18 and a quick ratio of 1.42.

Benchmark Electronics (NYSE:BHE) last released its earnings results on Wednesday, April 29th. The technology company reported $0.58 EPS 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 during the quarter, compared to analysts’ expectations of $676.25 million. During the same quarter last year, the firm posted $0.52 earnings per share. The firm’s 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 will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Benchmark Electronics’s dividend payout ratio (DPR) is 71.58%.

Insider Transactions at Benchmark Electronics

In other Benchmark Electronics news, Director David W. Scheible sold 22,989 shares of the firm’s stock in a transaction that occurred 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 sale, the director owned 62,057 shares of the company’s stock, valued at approximately $5,274,845. This trade represents a 27.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO David Moezidis sold 12,500 shares of the firm’s 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 directly owned 85,564 shares of the company’s stock, valued at $7,492,839.48. This trade represents a 12.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 66,352 shares of company stock worth $5,587,806. 1.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

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.