Envestnet Portfolio Solutions Inc. Purchases 5,095 Shares of Benchmark Electronics, Inc. $BHE

Envestnet Portfolio Solutions Inc. increased its position in Benchmark Electronics, Inc. (NYSE:BHE) by 85.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,065 shares of the technology company’s stock after buying an additional 5,095 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Benchmark Electronics were worth $430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Vest Financial LLC lifted its position in Benchmark Electronics by 75.6% in the 2nd quarter. Vest Financial LLC now owns 103,823 shares of the technology company’s stock worth $4,031,000 after buying an additional 44,699 shares during the last quarter. Inspire Investing LLC lifted its position in Benchmark Electronics by 10.8% in the 2nd quarter. Inspire Investing LLC now owns 9,992 shares of the technology company’s stock worth $388,000 after buying an additional 971 shares during the last quarter. Uncommon Cents Investing LLC lifted its position in Benchmark Electronics by 2.7% in the second quarter. Uncommon Cents Investing LLC now owns 16,380 shares of the technology company’s stock valued at $636,000 after purchasing an additional 437 shares during the last quarter. State of Alaska Department of Revenue lifted its position in Benchmark Electronics by 7.8% in the second quarter. State of Alaska Department of Revenue now owns 21,506 shares of the technology company’s stock valued at $834,000 after purchasing an additional 1,560 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in Benchmark Electronics by 58.3% in the second quarter. GAMMA Investing LLC now owns 3,609 shares of the technology company’s stock valued at $140,000 after purchasing an additional 1,329 shares during the last quarter. Institutional investors own 92.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Wall Street Zen downgraded Benchmark Electronics from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Needham & Company LLC lowered their price objective on Benchmark Electronics from $48.00 to $47.00 and set a “buy” rating for the company in a research report on Friday, August 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $46.50.

Benchmark Electronics Trading Down 0.7%

Benchmark Electronics stock opened at $42.10 on Thursday. 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, Inc. has a one year low of $30.73 and a one year high of $52.57. The stock has a market capitalization of $1.51 billion, a PE ratio of 40.10 and a beta of 1.06. The business’s fifty day moving average is $39.59 and its 200 day moving average is $38.23.

Benchmark Electronics (NYSE:BHE) last posted its earnings results on Wednesday, July 30th. The technology company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. Benchmark Electronics had a return on equity of 6.08% and a net margin of 1.48%.The company had revenue of $642.34 million for the quarter, compared to the consensus estimate of $638.67 million. During the same quarter in the prior year, the company earned $0.57 earnings per share. Benchmark Electronics’s 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, October 13th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, September 30th. Benchmark Electronics’s dividend payout ratio (DPR) is currently 64.76%.

Insiders Place Their Bets

In other Benchmark Electronics news, SVP Jan M. Janick sold 10,004 shares of the firm’s stock in a transaction that occurred 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 transaction, the senior vice president owned 62,368 shares in the company, valued at $2,525,904. This trade represents a 13.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.20% of the stock is owned by corporate insiders.

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.