Benchmark Electronics, Inc. $BHE Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lowered its position in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 8.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 721,655 shares of the technology company’s stock after selling 66,874 shares during the period. Charles Schwab Investment Management Inc. owned approximately 2.00% of Benchmark Electronics worth $27,445,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP increased its holdings in shares of Benchmark Electronics by 1.9% during the 4th quarter. Wellington Management Group LLP now owns 436,181 shares of the technology company’s stock worth $19,803,000 after buying an additional 8,000 shares during the last quarter. Allianz Asset Management GmbH increased its holdings in shares of Benchmark Electronics by 35.5% during the 1st quarter. Allianz Asset Management GmbH now owns 423,405 shares of the technology company’s stock worth $16,102,000 after buying an additional 111,022 shares during the last quarter. Northern Trust Corp increased its holdings in shares of Benchmark Electronics by 8.0% during the 4th quarter. Northern Trust Corp now owns 418,234 shares of the technology company’s stock worth $18,988,000 after buying an additional 31,071 shares during the last quarter. Bridgeway Capital Management LLC increased its holdings in shares of Benchmark Electronics by 12.8% during the 4th quarter. Bridgeway Capital Management LLC now owns 346,368 shares of the technology company’s stock worth $15,725,000 after buying an additional 39,389 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in shares of Benchmark Electronics by 90.4% during the 4th quarter. Millennium Management LLC now owns 336,466 shares of the technology company’s stock worth $15,276,000 after buying an additional 159,769 shares during the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

Benchmark Electronics Stock Performance

Shares of BHE stock opened at $38.94 on Wednesday. The company has a quick ratio of 1.46, a current ratio of 2.36 and a debt-to-equity ratio of 0.18. Benchmark Electronics, Inc. has a 52 week low of $30.73 and a 52 week high of $52.57. The stock has a market capitalization of $1.40 billion, a PE ratio of 37.09 and a beta of 0.99. The firm has a 50 day moving average of $39.06 and a two-hundred day moving average of $38.33.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings results on Wednesday, July 30th. The technology company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.54 by $0.01. Benchmark Electronics had a net margin of 1.48% and a return on equity of 6.08%. The company had revenue of $642.34 million during the quarter, compared to analysts’ expectations of $638.67 million. During the same quarter last year, the company posted $0.57 EPS. The firm’s revenue was down 3.6% compared to the same quarter last year. Benchmark Electronics has set its Q3 2025 guidance at 0.560-0.620 EPS.

Benchmark Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Monday, June 30th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Monday, June 30th. Benchmark Electronics’s dividend payout ratio (DPR) is currently 64.76%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Lake Street Capital dropped their target price on shares of Benchmark Electronics from $52.00 to $46.00 and set a “buy” rating for the company in a report on Wednesday, April 30th. Needham & Company LLC cut their target price on Benchmark Electronics from $48.00 to $47.00 and set a “buy” rating on the stock in a research report on Friday, August 1st. Finally, Wall Street Zen lowered Benchmark Electronics from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Benchmark Electronics currently has a consensus rating of “Buy” and a consensus target price of $46.50.

About Benchmark Electronics

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.