Northern Trust Corp Has $15.86 Million Stock Holdings in Benchmark Electronics, Inc. $BHE

Northern Trust Corp reduced its position in Benchmark Electronics, Inc. (NYSE:BHE) by 0.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 416,945 shares of the technology company’s stock after selling 1,289 shares during the period. Northern Trust Corp owned 1.16% of Benchmark Electronics worth $15,856,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD increased its position in Benchmark Electronics by 8.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 31,401 shares of the technology company’s stock worth $1,426,000 after purchasing an additional 2,369 shares during the period. Voya Investment Management LLC boosted its stake in shares of Benchmark Electronics by 52.1% in the 4th quarter. Voya Investment Management LLC now owns 17,935 shares of the technology company’s stock valued at $814,000 after purchasing an additional 6,146 shares during the last quarter. Comerica Bank boosted its stake in shares of Benchmark Electronics by 70.4% in the 4th quarter. Comerica Bank now owns 28,430 shares of the technology company’s stock valued at $1,291,000 after purchasing an additional 11,747 shares during the last quarter. Jane Street Group LLC grew its position in shares of Benchmark Electronics by 210.4% during the 4th quarter. Jane Street Group LLC now owns 53,962 shares of the technology company’s stock worth $2,450,000 after buying an additional 36,579 shares during the period. Finally, Algert Global LLC raised its stake in shares of Benchmark Electronics by 40.4% during the fourth quarter. Algert Global LLC now owns 46,189 shares of the technology company’s stock worth $2,097,000 after buying an additional 13,302 shares during the last quarter. Institutional investors own 92.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Needham & Company LLC reduced their price objective on shares of Benchmark Electronics from $48.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, August 1st. Wall Street Zen downgraded Benchmark Electronics from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $46.50.

Benchmark Electronics Stock Down 1.0%

Shares of Benchmark Electronics stock opened at $40.20 on Wednesday. Benchmark Electronics, Inc. has a 1 year low of $30.73 and a 1 year high of $52.57. The business has a 50-day moving average of $39.55 and a two-hundred day moving average of $38.22. The company has a market capitalization of $1.44 billion, a P/E ratio of 38.29 and a beta of 1.05. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.36 and a quick ratio of 1.46.

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

Benchmark Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Monday, June 30th were given a dividend of $0.17 per share. 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 currently 64.76%.

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.