Benchmark Electronics (NYSE:BHE) Sets New 12-Month High – Should You Buy?

Benchmark Electronics, Inc. (NYSE:BHE)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $59.97 and last traded at $58.4350, with a volume of 20168 shares trading hands. The stock had previously closed at $58.27.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BHE. Needham & Company LLC lifted their price target on Benchmark Electronics from $55.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Wall Street Zen upgraded Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Lake Street Capital set a $62.00 price target on Benchmark Electronics in a report on Wednesday, February 4th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Benchmark Electronics presently has an average rating of “Moderate Buy” and an average price target of $62.00.

Benchmark Electronics Trading Up 0.5%

The business’s 50-day moving average price is $48.25 and its 200-day moving average price is $43.48. The firm has a market capitalization of $2.09 billion, a PE ratio of 84.46 and a beta of 1.03. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.28 and a quick ratio of 1.52.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.07. Benchmark Electronics had a net margin of 0.93% and a return on equity of 6.48%. The firm had revenue of $704.00 million during the quarter, compared to analysts’ expectations of $696.67 million. During the same quarter in the prior year, the business earned $0.61 EPS. Benchmark Electronics’s quarterly revenue was up 7.2% compared to the same quarter last year. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.

Benchmark Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 13th. Investors of record on Wednesday, December 31st were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.68 annualized dividend and a dividend yield of 1.2%. Benchmark Electronics’s dividend payout ratio (DPR) is currently 98.55%.

Insider Activity

In other news, CEO Jeff Benck sold 14,900 shares of the business’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $50.24, for a total transaction of $748,576.00. Following the transaction, the chief executive officer directly owned 423,180 shares in the company, valued at $21,260,563.20. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Jan M. Janick sold 8,967 shares of the firm’s stock in a transaction dated 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 sale, the senior vice president owned 53,401 shares of the company’s stock, valued at approximately $2,278,086.66. The trade was a 14.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 63,967 shares of company stock valued at $3,029,458. Corporate insiders own 2.20% of the company’s stock.

Institutional Trading of Benchmark Electronics

Institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. grew its stake in shares of Benchmark Electronics by 19.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 463,873 shares of the technology company’s stock worth $19,835,000 after purchasing an additional 75,758 shares during the period. Natixis Advisors LLC raised its position in shares of Benchmark Electronics by 1.7% during the 4th quarter. Natixis Advisors LLC now owns 22,858 shares of the technology company’s stock worth $977,000 after purchasing an additional 378 shares during the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in Benchmark Electronics in the 4th quarter valued at approximately $101,000. Intech Investment Management LLC grew its holdings in Benchmark Electronics by 258.5% during the 4th quarter. Intech Investment Management LLC now owns 72,011 shares of the technology company’s stock valued at $3,079,000 after buying an additional 51,926 shares during the last quarter. Finally, Clearstead Advisors LLC increased its position in Benchmark Electronics by 246.8% during the fourth quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company’s stock worth $58,000 after buying an additional 970 shares in the last quarter. 92.29% of the stock is currently owned by hedge funds and other institutional investors.

About Benchmark Electronics

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.