Benchmark Electronics (NYSE:BHE) Stock Passes Above 200-Day Moving Average – Time to Sell?

Benchmark Electronics, Inc. (NYSE:BHE)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $41.23 and traded as high as $44.33. Benchmark Electronics shares last traded at $43.6840, with a volume of 174,245 shares trading hands.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on BHE. Wall Street Zen upgraded Benchmark Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, October 8th. Finally, Lake Street Capital reiterated a “buy” rating and issued a $51.00 price target on shares of Benchmark Electronics in a report on Wednesday, November 5th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $49.00.

Benchmark Electronics Stock Down 1.7%

The stock has a market cap of $1.56 billion, a PE ratio of 42.83 and a beta of 1.05. The business has a fifty day moving average of $44.70 and a 200-day moving average of $41.23. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.32 and a quick ratio of 1.50.

Benchmark Electronics (NYSE:BHE) last issued its earnings results on Tuesday, November 4th. The technology company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.05. Benchmark Electronics had a return on equity of 6.15% and a net margin of 1.43%.The business had revenue of $680.68 million during the quarter, compared to analyst estimates of $661.67 million. During the same period in the previous year, the company posted $0.57 EPS. Benchmark Electronics’s revenue was up 3.5% on a year-over-year basis. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 13th. Shareholders of record on Wednesday, December 31st will be 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 is Wednesday, December 31st. Benchmark Electronics’s dividend payout ratio is presently 66.67%.

Insider Buying and Selling at Benchmark Electronics

In related news, SVP Rhonda R. Turner sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $47.83, for a total value of $478,300.00. Following the completion of the transaction, the senior vice president owned 34,701 shares of the company’s stock, valued at $1,659,748.83. The trade was a 22.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Jan M. Janick sold 8,967 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $42.66, for a total value of $382,532.22. Following the sale, the senior vice president owned 53,401 shares of the company’s stock, valued at $2,278,086.66. This trade represents a 14.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 48,967 shares of company stock worth $2,275,882. 2.20% of the stock is owned by company insiders.

Institutional Trading of Benchmark Electronics

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tudor Investment Corp ET AL acquired a new position in Benchmark Electronics during the 3rd quarter valued at about $645,000. Jacobs Levy Equity Management Inc. grew its stake in shares of Benchmark Electronics by 15.3% during the third quarter. Jacobs Levy Equity Management Inc. now owns 22,582 shares of the technology company’s stock worth $871,000 after acquiring an additional 2,995 shares during the last quarter. Caxton Associates LLP increased its holdings in shares of Benchmark Electronics by 177.9% during the third quarter. Caxton Associates LLP now owns 18,673 shares of the technology company’s stock valued at $720,000 after acquiring an additional 11,953 shares in the last quarter. Dark Forest Capital Management LP purchased a new position in shares of Benchmark Electronics in the third quarter worth $493,000. Finally, Susquehanna International Group LLP lifted its stake in shares of Benchmark Electronics by 43.8% during the third quarter. Susquehanna International Group LLP now owns 63,431 shares of the technology company’s stock worth $2,445,000 after buying an additional 19,326 shares during the period. Hedge funds and other institutional investors own 92.29% of the company’s stock.

About Benchmark Electronics

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.