Jefferies Financial Group Inc. Buys New Shares in Benchmark Electronics, Inc. $BHE

Jefferies Financial Group Inc. acquired a new position in shares of Benchmark Electronics, Inc. (NYSE:BHE) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 58,800 shares of the technology company’s stock, valued at approximately $5,802,000.

Several other large investors have also recently bought and sold shares of the business. Franklin Resources Inc. lifted its stake in shares of Benchmark Electronics by 8.1% during the 4th quarter. Franklin Resources Inc. now owns 2,906,748 shares of the technology company’s stock worth $124,293,000 after purchasing an additional 218,450 shares during the last quarter. Oppenheimer Asset Management Inc. purchased a new position in shares of Benchmark Electronics in the 4th quarter worth approximately $1,193,000. UBS Group AG raised its stake in shares of Benchmark Electronics by 100.0% during the 4th quarter. UBS Group AG now owns 68,841 shares of the technology company’s stock worth $2,944,000 after acquiring an additional 34,415 shares in the last quarter. Deutsche Bank AG purchased a new stake in Benchmark Electronics during the second quarter valued at approximately $9,589,000. Finally, Hillsdale Investment Management Inc. purchased a new position in Benchmark Electronics in the first quarter worth $4,740,000. Hedge funds and other institutional investors own 92.29% of the company’s stock.

Insider Activity at Benchmark Electronics

In related news, SVP Stephen J. Beaver sold 20,000 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were 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 in the company, valued at $6,470,475. This represents a 21.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

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

Benchmark Electronics Stock Down 3.2%

NYSE:BHE opened at $71.30 on Friday. The company’s fifty day moving average price is $82.26 and its 200-day moving average price is $73.86. The firm has a market capitalization of $2.56 billion, a P/E ratio of 48.50 and a beta of 1.27. 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.

Benchmark Electronics (NYSE:BHE) last posted its earnings results on Wednesday, July 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.69 by $0.06. The firm had revenue of $755.98 million for the quarter, compared to analyst estimates of $720.00 million. Benchmark Electronics had a return on equity of 7.28% and a net margin of 1.89%.Benchmark Electronics’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period last year, the company earned $0.03 earnings per share. Benchmark Electronics has set its Q3 2026 guidance at 0.760-0.820 EPS.

Benchmark Electronics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.17 per share. 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 dividend payout ratio (DPR) is 46.26%.

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.