Jan Janick Sells 8,967 Shares of Benchmark Electronics (NYSE:BHE) Stock

Benchmark Electronics, Inc. (NYSE:BHE) SVP Jan Janick sold 8,967 shares of Benchmark Electronics stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $42.66, for a total transaction of $382,532.22. Following the completion of the transaction, the senior vice president owned 53,401 shares of the company’s stock, valued at $2,278,086.66. This trade represents a 14.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Benchmark Electronics Stock Down 1.9%

Benchmark Electronics stock traded down $0.80 during mid-day trading on Thursday, reaching $42.12. 401,196 shares of the company’s stock were exchanged, compared to its average volume of 310,427. The company has a quick ratio of 1.46, a current ratio of 2.36 and a debt-to-equity ratio of 0.18. Benchmark Electronics, Inc. has a twelve month low of $30.73 and a twelve month high of $50.26. The company has a market cap of $1.50 billion, a P/E ratio of 40.12 and a beta of 1.09. The company has a fifty day moving average of $41.11 and a 200-day moving average of $39.42.

Benchmark Electronics (NYSE:BHE) last posted its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. The business had revenue of $680.68 million for the quarter, compared to analyst estimates of $661.67 million. Benchmark Electronics had a return on equity of 6.08% and a net margin of 1.48%.The company’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.57 earnings per share. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, October 13th. Investors of record on Tuesday, September 30th were paid a $0.17 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.68 dividend on an annualized basis and a yield of 1.6%. Benchmark Electronics’s payout ratio is currently 66.67%.

Institutional Investors Weigh In On Benchmark Electronics

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd purchased a new position in shares of Benchmark Electronics during the third quarter worth about $40,000. New Age Alpha Advisors LLC acquired a new position in shares of Benchmark Electronics in the first quarter valued at approximately $56,000. Versant Capital Management Inc raised its stake in shares of Benchmark Electronics by 21.2% during the third quarter. Versant Capital Management Inc now owns 2,323 shares of the technology company’s stock worth $90,000 after purchasing an additional 407 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Benchmark Electronics by 215.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company’s stock worth $116,000 after purchasing an additional 2,048 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Benchmark Electronics by 12.9% during the third quarter. PNC Financial Services Group Inc. now owns 3,124 shares of the technology company’s stock worth $120,000 after purchasing an additional 358 shares during the period. Hedge funds and other institutional investors own 92.29% of the company’s stock.

Analyst Ratings Changes

BHE has been the topic of a number of analyst reports. Lake Street Capital restated a “buy” rating and issued a $51.00 price objective on shares of Benchmark Electronics in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, October 8th. Wall Street Zen raised Benchmark Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Needham & Company LLC lowered their price target on Benchmark Electronics from $48.00 to $47.00 and set a “buy” rating for the company in a report on Friday, August 1st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $49.00.

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.