Insider Selling: Benchmark Electronics (NYSE:BHE) SVP Sells $478,300.00 in Stock

Benchmark Electronics, Inc. (NYSE:BHE) SVP Rhonda Turner sold 10,000 shares of Benchmark Electronics stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $47.83, for a total value of $478,300.00. Following the sale, the senior vice president directly owned 34,701 shares in the company, valued at approximately $1,659,748.83. This trade represents a 22.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Benchmark Electronics Stock Performance

Shares of BHE stock opened at $44.09 on Friday. Benchmark Electronics, Inc. has a 12-month low of $30.73 and a 12-month high of $50.26. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.32 and a quick ratio of 1.50. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 43.22 and a beta of 1.05. The business has a 50 day simple moving average of $43.96 and a 200 day simple moving average of $40.79.

Benchmark Electronics (NYSE:BHE) last announced its earnings results on Tuesday, November 4th. The technology company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.05. Benchmark Electronics had a return on equity of 6.15% and a net margin of 1.43%.The firm had revenue of $680.68 million for the quarter, compared to the consensus estimate of $661.67 million. During the same quarter in the previous year, the business earned $0.57 EPS. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 13th. Investors of record on Wednesday, December 31st will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Wednesday, December 31st. Benchmark Electronics’s dividend payout ratio is currently 66.67%.

Analysts Set New Price Targets

BHE has been the topic of a number of recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, October 8th. Lake Street Capital reiterated a “buy” rating and set a $51.00 price objective on shares of Benchmark Electronics in a research note on Wednesday, November 5th. Finally, Wall Street Zen raised Benchmark Electronics from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Benchmark Electronics currently has an average rating of “Moderate Buy” and a consensus target price of $49.00.

Hedge Funds Weigh In On Benchmark Electronics

Hedge funds have recently made changes to their positions in the business. First Trust Advisors LP grew its holdings in shares of Benchmark Electronics by 39.0% in the 2nd quarter. First Trust Advisors LP now owns 1,790,647 shares of the technology company’s stock worth $69,531,000 after acquiring an additional 502,717 shares during the last quarter. Tributary Capital Management LLC lifted its holdings in shares of Benchmark Electronics by 92.5% during the third quarter. Tributary Capital Management LLC now owns 879,486 shares of the technology company’s stock valued at $33,904,000 after purchasing an additional 422,608 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Benchmark Electronics by 14.4% in the 3rd quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company’s stock valued at $103,634,000 after purchasing an additional 338,081 shares during the period. Kennedy Capital Management LLC increased its stake in Benchmark Electronics by 141.8% in the 3rd quarter. Kennedy Capital Management LLC now owns 363,651 shares of the technology company’s stock worth $14,019,000 after purchasing an additional 213,276 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in Benchmark Electronics during the 1st quarter worth about $6,746,000. Institutional investors and hedge funds own 92.29% of the company’s stock.

Benchmark Electronics Company Profile

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.