Benchmark Electronics (NYSE:BHE) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Benchmark Electronics, Inc. (NYSE:BHE) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $41.46 and traded as high as $45.30. Benchmark Electronics shares last traded at $44.5780, with a volume of 181,602 shares trading hands.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BHE. Wall Street Zen raised shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research note on Wednesday, October 8th. Finally, Lake Street Capital reiterated a “buy” rating and issued a $51.00 price objective on shares of Benchmark Electronics in a report on Wednesday, November 5th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $49.00.

Benchmark Electronics Price Performance

The stock has a 50-day simple moving average of $44.86 and a 200 day simple moving average of $41.46. The company has a market cap of $1.59 billion, a PE ratio of 43.70 and a beta of 1.03. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.19.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $680.68 million during the quarter, compared to the consensus estimate of $661.67 million. During the same period last year, the company earned $0.57 EPS. The company’s quarterly 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 13th. Stockholders of record on Wednesday, December 31st will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Wednesday, December 31st. Benchmark Electronics’s dividend payout ratio is currently 66.67%.

Insider Activity at Benchmark Electronics

In related news, CEO Jeff Benck sold 10,000 shares of Benchmark Electronics stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $47.55, for a total value of $475,500.00. Following the completion of the sale, the chief executive officer owned 438,180 shares in the company, valued at approximately $20,835,459. This trade represents a 2.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Stephen J. Beaver sold 8,750 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $46.92, for a total value of $410,550.00. Following the completion of the sale, the senior vice president directly owned 86,995 shares in the company, valued at approximately $4,081,805.40. The trade was a 9.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 48,967 shares of company stock worth $2,275,882. Company insiders own 2.20% of the company’s stock.

Hedge Funds Weigh In On Benchmark Electronics

Hedge funds have recently bought and sold shares of the company. Heritage Family Offices LLP boosted its holdings in Benchmark Electronics by 5.7% during the 3rd quarter. Heritage Family Offices LLP now owns 6,241 shares of the technology company’s stock valued at $241,000 after acquiring an additional 334 shares during the period. Jennison Associates LLC lifted its position in shares of Benchmark Electronics by 1.0% during the second quarter. Jennison Associates LLC now owns 36,429 shares of the technology company’s stock worth $1,415,000 after purchasing an additional 346 shares in the last quarter. Hohimer Wealth Management LLC boosted its stake in shares of Benchmark Electronics by 6.7% in the third quarter. Hohimer Wealth Management LLC now owns 5,586 shares of the technology company’s stock valued at $215,000 after purchasing an additional 350 shares during the period. Amalgamated Bank grew its holdings in shares of Benchmark Electronics by 3.4% in the third quarter. Amalgamated Bank now owns 10,605 shares of the technology company’s stock valued at $409,000 after purchasing an additional 353 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in Benchmark Electronics by 12.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,124 shares of the technology company’s stock worth $120,000 after buying an additional 358 shares during the period. Institutional investors and hedge funds 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.