UBS Group AG Grows Stock Holdings in Benchmark Electronics, Inc. $BHE

UBS Group AG increased its stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 100.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 68,841 shares of the technology company’s stock after buying an additional 34,415 shares during the quarter. UBS Group AG’s holdings in Benchmark Electronics were worth $2,944,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BHE. Aster Capital Management DIFC Ltd purchased a new position in shares of Benchmark Electronics during the third quarter worth about $40,000. Tower Research Capital LLC TRC grew its holdings 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 buying an additional 2,048 shares during the last quarter. PNC Financial Services Group Inc. grew 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 buying an additional 358 shares during the last quarter. State of Wyoming purchased a new position in shares of Benchmark Electronics during the second quarter worth about $137,000. Finally, Ifrah Financial Services Inc. purchased a new position in shares of Benchmark Electronics during the fourth quarter worth about $202,000. Hedge funds and other institutional investors own 92.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a report on Monday, April 20th. Needham & Company LLC lifted their price objective on Benchmark Electronics from $62.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Wall Street Zen raised Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Finally, Lake Street Capital reaffirmed a “buy” rating and issued a $92.00 price objective on shares of Benchmark Electronics in a report on Thursday, April 30th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Benchmark Electronics currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.00.

Benchmark Electronics Price Performance

Shares of BHE opened at $84.86 on Tuesday. Benchmark Electronics, Inc. has a twelve month low of $34.44 and a twelve month high of $87.73. The stock’s 50 day moving average is $68.14 and its two-hundred day moving average is $56.08. The firm has a market capitalization of $3.04 billion, a PE ratio of 89.33 and a beta of 1.28. The company has a current ratio of 2.18, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The company had revenue of $677.28 million for the quarter, compared to analyst estimates of $676.25 million. During the same quarter in the previous year, the company earned $0.52 EPS. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 31st. Benchmark Electronics’s payout ratio is currently 71.58%.

Insider Buying and Selling at Benchmark Electronics

In other news, Director David W. Scheible sold 22,989 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $85.00, for a total transaction of $1,954,065.00. Following the sale, the director owned 62,057 shares of the company’s stock, valued at $5,274,845. The trade was a 27.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Rhonda R. Turner sold 6,600 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was 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 in the company, valued at $3,070,744.38. This trade represents a 15.47% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 53,852 shares of company stock valued at $4,493,181. 1.10% of the stock is owned by corporate insiders.

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.