Stephen Beaver Sells 20,000 Shares of Benchmark Electronics (NYSE:BHE) Stock

Benchmark Electronics, Inc. (NYSE:BHE) SVP Stephen Beaver sold 20,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $86.25, for a total value of $1,725,000.00. Following the transaction, the senior vice president directly owned 75,020 shares of the company’s stock, valued at $6,470,475. The trade was a 21.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Benchmark Electronics Price Performance

Shares of Benchmark Electronics stock opened at $89.81 on Friday. The business has a 50 day simple moving average of $76.77 and a two-hundred day simple moving average of $60.16. Benchmark Electronics, Inc. has a 12 month low of $34.44 and a 12 month high of $91.20. The stock has a market capitalization of $3.22 billion, a P/E ratio of 94.54 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 announced its earnings results on Wednesday, April 29th. The technology company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates 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 in the prior year, the firm earned $0.52 earnings per share. The business’s revenue was up 7.1% compared to the same quarter last year. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th will be given a $0.17 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.8%. Benchmark Electronics’s dividend payout ratio is 71.58%.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BHE. Royal Bank of Canada grew its position in Benchmark Electronics by 30.2% in the first quarter. Royal Bank of Canada now owns 14,420 shares of the technology company’s stock worth $548,000 after acquiring an additional 3,341 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Benchmark Electronics by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,239 shares of the technology company’s stock worth $808,000 after acquiring an additional 931 shares during the period. Caxton Associates LLP purchased a new position in Benchmark Electronics in the first quarter worth approximately $202,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Benchmark Electronics by 12.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,673 shares of the technology company’s stock worth $3,981,000 after acquiring an additional 11,369 shares during the period. Finally, Jane Street Group LLC grew its position in Benchmark Electronics by 99.8% in the first quarter. Jane Street Group LLC now owns 107,802 shares of the technology company’s stock worth $4,100,000 after acquiring an additional 53,840 shares during the period. 92.29% of the stock is currently owned by hedge funds and other institutional investors.

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.