Benchmark Electronics, Inc. $BHE Holdings Trimmed by Rhumbline Advisers

Rhumbline Advisers lowered its position in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 3.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,149 shares of the technology company’s stock after selling 3,487 shares during the quarter. Rhumbline Advisers owned 0.29% of Benchmark Electronics worth $3,923,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cerity Partners LLC acquired a new position in shares of Benchmark Electronics in the 1st quarter valued at $489,000. Tidal Investments LLC purchased a new stake in shares of Benchmark Electronics during the 4th quarter worth about $263,000. Assenagon Asset Management S.A. raised its stake in shares of Benchmark Electronics by 21.9% during the 1st quarter. Assenagon Asset Management S.A. now owns 58,572 shares of the technology company’s stock worth $2,227,000 after purchasing an additional 10,537 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Benchmark Electronics by 11.3% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 16,389 shares of the technology company’s stock valued at $623,000 after acquiring an additional 1,662 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Benchmark Electronics by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,308 shares of the technology company’s stock valued at $922,000 after acquiring an additional 709 shares during the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

Insider Activity at Benchmark Electronics

In related news, SVP Jan M. Janick sold 10,004 shares of Benchmark Electronics stock in a transaction on Monday, September 8th. The stock was sold at an average price of $40.50, for a total transaction of $405,162.00. Following the completion of the sale, the senior vice president directly owned 62,368 shares of the company’s stock, valued at $2,525,904. The trade was a 13.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.20% of the stock is currently owned by company insiders.

Benchmark Electronics Trading Down 2.2%

BHE stock opened at $39.22 on Monday. The company has a market cap of $1.41 billion, a P/E ratio of 37.36 and a beta of 1.05. Benchmark Electronics, Inc. has a twelve month low of $30.73 and a twelve month high of $52.57. The company has a quick ratio of 1.46, a current ratio of 2.36 and a debt-to-equity ratio of 0.18. The business has a fifty day moving average of $39.60 and a 200-day moving average of $38.13.

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

Benchmark Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 13th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.7%. Benchmark Electronics’s payout ratio is 64.76%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on BHE shares. Needham & Company LLC lowered their price objective on Benchmark Electronics from $48.00 to $47.00 and set a “buy” rating on the stock in a report on Friday, August 1st. Wall Street Zen lowered Benchmark Electronics from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price 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.