Benchmark Electronics, Inc. $BHE Stock Position Decreased by Hsbc Holdings PLC

Hsbc Holdings PLC trimmed its stake in Benchmark Electronics, Inc. (NYSE:BHE) by 21.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,932 shares of the technology company’s stock after selling 6,655 shares during the quarter. Hsbc Holdings PLC’s holdings in Benchmark Electronics were worth $1,027,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Rockefeller Capital Management L.P. lifted its holdings in shares of Benchmark Electronics by 69.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock valued at $26,000 after purchasing an additional 250 shares during the last quarter. Virtu Financial LLC purchased a new position in Benchmark Electronics in the 4th quarter worth about $284,000. Summit Global Investments raised its holdings in Benchmark Electronics by 151.9% during the 4th quarter. Summit Global Investments now owns 24,416 shares of the technology company’s stock worth $1,044,000 after buying an additional 14,724 shares during the period. XTX Topco Ltd acquired a new stake in Benchmark Electronics during the 4th quarter worth about $1,214,000. Finally, VARCOV Co. purchased a new stake in Benchmark Electronics during the fourth quarter valued at about $427,000. 92.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Benchmark Electronics

In related news, SVP Stephen J. Beaver sold 20,000 shares of Benchmark Electronics stock in a transaction 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 sale, the senior vice president owned 75,020 shares of the company’s stock, valued at approximately $6,470,475. This trade represents a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Rhonda R. Turner sold 6,600 shares of Benchmark Electronics stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $85.14, for a total value of $561,924.00. Following the sale, the senior vice president directly owned 36,067 shares of the company’s stock, valued at approximately $3,070,744.38. The trade was a 15.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 86,352 shares of company stock worth $7,312,806 over the last 90 days. 1.10% of the stock is currently owned by insiders.

Benchmark Electronics Price Performance

Shares of BHE opened at $81.70 on Tuesday. The business’s 50-day moving average is $87.28 and its 200-day moving average is $66.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.18 and a quick ratio of 1.42. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 86.00 and a beta of 1.24. Benchmark Electronics, Inc. has a fifty-two week low of $34.44 and a fifty-two week high of $100.41.

Benchmark Electronics (NYSE:BHE) last posted its quarterly 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. The business had revenue of $677.28 million during the quarter, compared to analysts’ expectations of $676.25 million. Benchmark Electronics had a net margin of 1.27% and a return on equity of 6.63%. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period last year, the company posted $0.52 earnings per share. 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 was paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, June 30th. Benchmark Electronics’s payout ratio is currently 71.58%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Needham & Company LLC raised their target price on shares of Benchmark Electronics from $62.00 to $80.00 and gave the stock a “buy” rating in a 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. Finally, Lake Street Capital reaffirmed a “buy” rating and issued a $92.00 price objective on shares of Benchmark Electronics in a research note on Thursday, April 30th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $86.00.

Benchmark Electronics 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.