Benchmark Electronics (NYSE:BHE) CEO Jeff Benck Sells 14,900 Shares

Benchmark Electronics, Inc. (NYSE:BHE) CEO Jeff Benck sold 14,900 shares of Benchmark Electronics stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $50.24, for a total value of $748,576.00. Following the transaction, the chief executive officer directly owned 423,180 shares in the company, valued at approximately $21,260,563.20. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Jeff Benck also recently made the following trade(s):

• On Tuesday, January 20th, Jeff Benck sold 100 shares of Benchmark Electronics stock. The shares were sold at an average price of $50.00, for a total transaction of $5,000.00.
• On Monday, December 8th, Jeff Benck sold 10,000 shares of Benchmark Electronics stock. The stock was sold at an average price of $47.55, for a total transaction of $475,500.00.

Benchmark Electronics Stock Down 1.2%

NYSE BHE opened at $50.94 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.32 and a quick ratio of 1.50. The company’s 50 day simple moving average is $45.70 and its 200 day simple moving average is $42.15. Benchmark Electronics, Inc. has a 12 month low of $30.73 and a 12 month high of $52.53. The company has a market capitalization of $1.82 billion, a P/E ratio of 49.94 and a beta of 1.03.

Benchmark Electronics (NYSE:BHE) last issued its earnings results 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 firm had revenue of $680.68 million during the quarter, compared to analysts’ expectations of $661.67 million. Benchmark Electronics had a net margin of 1.43% and a return on equity of 6.15%. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the firm posted $0.57 earnings per share. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 13th. Investors of record on Wednesday, December 31st were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Wednesday, December 31st. Benchmark Electronics’s payout ratio is presently 66.67%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on BHE shares. Lake Street Capital reiterated a “buy” rating and issued a $51.00 price target on shares of Benchmark Electronics in a research report on Wednesday, November 5th. Needham & Company LLC upped their price objective on shares of Benchmark Electronics from $47.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Wall Street Zen upgraded shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Benchmark Electronics has an average rating of “Moderate Buy” and a consensus price target of $53.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Trust Advisors LP boosted its stake in shares of Benchmark Electronics by 39.0% during the 2nd quarter. First Trust Advisors LP now owns 1,790,647 shares of the technology company’s stock valued at $69,531,000 after buying an additional 502,717 shares during the period. Tributary Capital Management LLC boosted its position in Benchmark Electronics by 92.5% during the third quarter. Tributary Capital Management LLC now owns 879,486 shares of the technology company’s stock valued at $33,904,000 after purchasing an additional 422,608 shares during the last quarter. Franklin Resources Inc. grew its stake in Benchmark Electronics by 14.4% in the third quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company’s stock valued at $103,634,000 after purchasing an additional 338,081 shares in the last quarter. Kennedy Capital Management LLC increased its position in Benchmark Electronics by 141.8% in the 3rd quarter. Kennedy Capital Management LLC now owns 363,651 shares of the technology company’s stock worth $14,019,000 after purchasing an additional 213,276 shares during the last quarter. Finally, CSM Advisors LLC purchased a new stake in shares of Benchmark Electronics during the 2nd quarter worth about $5,460,000. 92.29% of the stock is 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.