Jeff Benck Sells 14,900 Shares of Benchmark Electronics (NYSE:BHE) Stock

Benchmark Electronics, Inc. (NYSE:BHE) CEO Jeff Benck sold 14,900 shares of the company’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $50.24, for a total transaction of $748,576.00. Following the sale, the chief executive officer owned 423,180 shares of the company’s stock, valued at $21,260,563.20. The trade was a 3.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Jeff Benck also recently made the following trade(s):

• On Tuesday, January 20th, Jeff Benck sold 100 shares of Benchmark Electronics stock. The stock was sold at an average price of $50.00, for a total value of $5,000.00.
• On Monday, December 8th, Jeff Benck sold 10,000 shares of Benchmark Electronics stock. The stock was sold at an average price of $47.55, for a total value of $475,500.00.

Benchmark Electronics Trading Down 3.5%

NYSE BHE opened at $49.26 on Friday. Benchmark Electronics, Inc. has a 12 month low of $30.73 and a 12 month high of $52.53. The stock has a 50-day simple moving average of $45.82 and a 200 day simple moving average of $42.21. The company has a current ratio of 2.32, a quick ratio of 1.50 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $1.76 billion, a PE ratio of 48.29 and a beta of 1.03.

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

Benchmark Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 13th. Shareholders of record on Wednesday, December 31st were issued a $0.17 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.68 annualized dividend and a yield of 1.4%. Benchmark Electronics’s dividend payout ratio (DPR) is 66.67%.

Institutional Trading of Benchmark Electronics

Hedge funds and other institutional investors have recently modified their holdings of the company. American Century Companies Inc. lifted its stake in Benchmark Electronics by 3.6% in the 2nd quarter. American Century Companies Inc. now owns 1,298,260 shares of the technology company’s stock valued at $50,411,000 after acquiring an additional 45,602 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Benchmark Electronics by 20.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 70,708 shares of the technology company’s stock worth $2,746,000 after acquiring an additional 12,136 shares in the last quarter. Summit Global Investments raised its holdings in shares of Benchmark Electronics by 157.9% in the second quarter. Summit Global Investments now owns 30,123 shares of the technology company’s stock valued at $1,170,000 after purchasing an additional 18,444 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Benchmark Electronics by 1.4% in the second quarter. Geode Capital Management LLC now owns 887,370 shares of the technology company’s stock worth $34,461,000 after purchasing an additional 12,444 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in Benchmark Electronics by 615.8% during the second quarter. SG Americas Securities LLC now owns 29,642 shares of the technology company’s stock worth $1,151,000 after purchasing an additional 25,501 shares during the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

Analyst Upgrades and Downgrades

BHE has been the subject of several research analyst reports. Wall Street Zen raised shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Lake Street Capital boosted their target price on Benchmark Electronics from $51.00 to $57.00 and gave the company a “buy” rating in a research note on Friday. Needham & Company LLC increased their price target on Benchmark Electronics from $47.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $56.00.

Benchmark Electronics Company Profile

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.