Benchmark Electronics, Inc. $BHE Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lowered its position in Benchmark Electronics, Inc. (NYSE:BHE) by 0.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,958,015 shares of the technology company’s stock after selling 45,512 shares during the period. Vanguard Group Inc. owned about 13.77% of Benchmark Electronics worth $188,553,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Wellington Management Group LLP raised its position in shares of Benchmark Electronics by 1.9% in the fourth quarter. Wellington Management Group LLP now owns 436,181 shares of the technology company’s stock worth $19,803,000 after acquiring an additional 8,000 shares during the period. Allianz Asset Management GmbH raised its position 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 purchasing an additional 111,022 shares during the last quarter. Northern Trust Corp raised its position 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 purchasing an additional 31,071 shares during the last quarter. Bridgeway Capital Management LLC raised its position 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 purchasing an additional 39,389 shares during the last quarter. Finally, Millennium Management LLC raised its position 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 purchasing 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 Down 1.7%

Shares of NYSE BHE opened at $38.94 on Wednesday. Benchmark Electronics, Inc. has a 12-month low of $30.73 and a 12-month high of $52.57. The stock has a market cap of $1.40 billion, a PE ratio of 37.09 and a beta of 0.99. The company has a current ratio of 2.36, a quick ratio of 1.46 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average of $39.06 and a 200 day moving average of $38.33.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.55 earnings per share (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 in the prior year, the company earned $0.57 EPS. Benchmark Electronics’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 company also recently declared a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Monday, June 30th were paid a $0.17 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.68 annualized dividend and a dividend yield of 1.7%. Benchmark Electronics’s dividend payout ratio is 64.76%.

Analyst Upgrades and Downgrades

BHE has been the subject of several research analyst reports. Needham & Company LLC reduced their price target on shares of Benchmark Electronics from $48.00 to $47.00 and set a “buy” rating for the company in a research report on Friday, August 1st. Lake Street Capital reduced their price target on shares of Benchmark Electronics from $52.00 to $46.00 and set a “buy” rating for the company in a research report on Wednesday, April 30th. Finally, Wall Street Zen downgraded shares of 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 has an average rating of “Buy” and an average price target of $46.50.

Benchmark Electronics Company Profile

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.