Benchmark Electronics (NYSE:BHE) Reaches New 1-Year High – Still a Buy?

Benchmark Electronics, Inc. (NYSE:BHE)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $52.83 and last traded at $51.81, with a volume of 22739 shares traded. The stock had previously closed at $51.82.

Analyst Upgrades and Downgrades

A number of research analysts have commented on BHE shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, January 21st. Lake Street Capital upped their target price on Benchmark Electronics from $51.00 to $57.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Needham & Company LLC lifted their price target on shares of Benchmark Electronics from $47.00 to $55.00 and gave the company a “buy” rating in a report on Friday, January 16th. Finally, Wall Street Zen raised shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Benchmark Electronics has an average rating of “Moderate Buy” and an average target price of $56.00.

Benchmark Electronics Stock Performance

The company has a 50 day moving average of $46.60 and a two-hundred day moving average of $42.60. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.32 and a quick ratio of 1.50. The company has a market capitalization of $1.86 billion, a PE ratio of 51.17 and a beta of 1.03.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.57 by $0.05. The business 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.57 earnings per share. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 13th. Shareholders of record on Wednesday, December 31st were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Wednesday, December 31st. Benchmark Electronics’s dividend payout ratio is 66.67%.

Insider Buying and Selling at Benchmark Electronics

In other news, SVP Jan M. Janick sold 8,967 shares of the business’s stock in a transaction that occurred 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 directly owned 53,401 shares of the company’s stock, valued at $2,278,086.66. The trade was a 14.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Stephen J. Beaver sold 8,750 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was 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 owned 86,995 shares in the company, valued at $4,081,805.40. The trade was a 9.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 63,967 shares of company stock valued at $3,029,458 over the last ninety days. Company insiders own 2.20% of the company’s stock.

Hedge Funds Weigh In On Benchmark Electronics

Several institutional investors and hedge funds have recently modified their holdings of BHE. Pictet Asset Management Holding SA bought a new position in Benchmark Electronics in the 4th quarter worth about $208,000. UBS Group AG increased its stake in Benchmark Electronics by 100.0% during the 4th quarter. UBS Group AG now owns 68,841 shares of the technology company’s stock valued at $2,944,000 after purchasing an additional 34,415 shares in the last quarter. Teacher Retirement System of Texas raised its holdings in Benchmark Electronics by 9.7% in the fourth quarter. Teacher Retirement System of Texas now owns 154,021 shares of the technology company’s stock worth $6,586,000 after buying an additional 13,673 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of Benchmark Electronics by 5.3% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 19,198 shares of the technology company’s stock worth $827,000 after buying an additional 968 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Benchmark Electronics by 10.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,364 shares of the technology company’s stock valued at $657,000 after buying an additional 1,443 shares during the last quarter. 92.29% of the stock is currently owned by institutional investors.

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.