Jefferies Financial Group Inc. Acquires Shares of 58,800 Benchmark Electronics, Inc. $BHE

Jefferies Financial Group Inc. bought a new position in Benchmark Electronics, Inc. (NYSE:BHE) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 58,800 shares of the technology company’s stock, valued at approximately $5,802,000. Jefferies Financial Group Inc. owned approximately 0.16% of Benchmark Electronics at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Benchmark Electronics in the 2nd quarter worth $579,768,000. Earnest Partners LLC bought a new stake in shares of Benchmark Electronics in the fourth quarter valued at about $74,940,000. Franklin Resources Inc. grew its holdings in Benchmark Electronics by 14.4% during the 3rd quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company’s stock worth $103,634,000 after acquiring an additional 338,081 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Benchmark Electronics during the 2nd quarter worth about $31,061,000. Finally, Kennedy Capital Management LLC increased its position in Benchmark Electronics by 141.8% during the 3rd quarter. Kennedy Capital Management LLC now owns 363,651 shares of the technology company’s stock valued at $14,019,000 after purchasing an additional 213,276 shares during the period. Institutional investors own 92.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on BHE. Weiss Ratings upgraded shares of Benchmark Electronics from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, July 31st. Needham & Company LLC raised their price objective on Benchmark Electronics from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Benchmark Electronics presently has an average rating of “Buy” and an average price target of $91.00.

Benchmark Electronics Stock Performance

Shares of BHE stock opened at $71.30 on Friday. Benchmark Electronics, Inc. has a 1 year low of $35.91 and a 1 year high of $100.41. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.99 and a quick ratio of 1.31. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of 48.50 and a beta of 1.27. The business has a fifty day moving average of $82.26 and a 200 day moving average of $73.86.

Benchmark Electronics (NYSE:BHE) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.69 by $0.06. Benchmark Electronics had a net margin of 1.89% and a return on equity of 7.28%. The business had revenue of $755.98 million for the quarter, compared to the consensus estimate of $720.00 million. During the same period in the prior year, the firm earned $0.03 EPS. The business’s revenue for the quarter 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th were given a $0.17 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. Benchmark Electronics’s payout ratio is 46.26%.

Insider Activity at Benchmark Electronics

In other Benchmark Electronics news, SVP Stephen J. Beaver sold 20,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $86.25, for a total transaction of $1,725,000.00. Following the completion of the transaction, the senior vice president owned 75,020 shares of the company’s stock, valued at $6,470,475. This represents a 21.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.10% of the stock is owned by corporate insiders.

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.