Benchmark Electronics, Inc. $BHE Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC raised its holdings in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 58.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,609 shares of the technology company’s stock after purchasing an additional 1,329 shares during the period. GAMMA Investing LLC’s holdings in Benchmark Electronics were worth $140,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Nuveen LLC purchased a new stake in Benchmark Electronics in the first quarter valued at $6,746,000. Kovitz Investment Group Partners LLC boosted its holdings in Benchmark Electronics by 520.4% in the first quarter. Kovitz Investment Group Partners LLC now owns 197,280 shares of the technology company’s stock valued at $7,503,000 after purchasing an additional 165,482 shares during the last quarter. Peregrine Capital Management LLC purchased a new stake in Benchmark Electronics in the first quarter valued at $4,859,000. Allianz Asset Management GmbH boosted its stake 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 acquiring an additional 111,022 shares in the last quarter. Finally, Algert Global LLC boosted its stake in shares of Benchmark Electronics by 224.9% during the 1st quarter. Algert Global LLC now owns 150,059 shares of the technology company’s stock worth $5,707,000 after acquiring an additional 103,870 shares in the last quarter. 92.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BHE has been the topic of several recent analyst reports. Needham & Company LLC lowered their target price 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 shares of Benchmark Electronics from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $46.50.

Insider Buying and Selling

In other Benchmark Electronics news, SVP Jan M. Janick sold 10,004 shares of Benchmark Electronics stock in a transaction on Monday, September 8th. The shares were sold at an average price of $40.50, for a total value of $405,162.00. Following the transaction, the senior vice president directly owned 62,368 shares in the company, valued at approximately $2,525,904. The trade was a 13.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.20% of the company’s stock.

Benchmark Electronics Stock Performance

NYSE:BHE opened at $38.53 on Wednesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.46 and a current ratio of 2.36. The stock has a market capitalization of $1.38 billion, a P/E ratio of 36.70 and a beta of 1.05. The company has a 50 day moving average price of $39.53 and a 200 day moving average price of $38.19. Benchmark Electronics, Inc. has a fifty-two week low of $30.73 and a fifty-two week high of $52.57.

Benchmark Electronics (NYSE:BHE) last posted its quarterly earnings data 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. Benchmark Electronics had a net margin of 1.48% and a return on equity of 6.08%. The firm 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 quarterly revenue 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 Dividend Announcement

The business also recently declared 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. This represents a $0.68 annualized dividend and a yield of 1.8%. The ex-dividend date is Tuesday, September 30th. Benchmark Electronics’s dividend payout ratio (DPR) 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.