B. Metzler seel. Sohn & Co. AG lessened its stake in Benchmark Electronics, Inc. (NYSE:BHE – Free Report) by 38.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,116 shares of the technology company’s stock after selling 10,653 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Benchmark Electronics were worth $660,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Aster Capital Management DIFC Ltd bought a new position in shares of Benchmark Electronics in the third quarter worth approximately $40,000. Versant Capital Management Inc raised its holdings in Benchmark Electronics by 21.2% during the 3rd quarter. Versant Capital Management Inc now owns 2,323 shares of the technology company’s stock valued at $90,000 after buying an additional 407 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Benchmark Electronics by 215.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company’s stock valued at $116,000 after buying an additional 2,048 shares during the period. PNC Financial Services Group Inc. grew its holdings in Benchmark Electronics by 12.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,124 shares of the technology company’s stock worth $120,000 after acquiring an additional 358 shares during the last quarter. Finally, State of Wyoming purchased a new position in shares of Benchmark Electronics in the second quarter valued at about $137,000. 92.29% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the stock. Lake Street Capital set a $62.00 price objective on shares of Benchmark Electronics in a research note on Wednesday, February 4th. Wall Street Zen upgraded Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, January 21st. Finally, Needham & Company LLC boosted their target price on Benchmark Electronics from $55.00 to $62.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Benchmark Electronics presently has a consensus rating of “Moderate Buy” and an average target price of $62.00.
Insider Transactions at Benchmark Electronics
In other news, CEO Jeff Benck sold 25,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $58.19, for a total transaction of $1,454,750.00. Following the completion of the sale, the chief executive officer owned 398,180 shares of the company’s stock, valued at $23,170,094.20. This represents a 5.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Rhonda R. Turner sold 10,000 shares of the company’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 transaction of $478,300.00. Following the sale, the senior vice president directly owned 34,701 shares of the company’s stock, valued at approximately $1,659,748.83. This represents a 22.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 50,934 shares of company stock worth $2,742,719. 2.20% of the stock is owned by corporate insiders.
Benchmark Electronics Trading Up 0.7%
Benchmark Electronics stock opened at $54.69 on Thursday. Benchmark Electronics, Inc. has a 12 month low of $30.73 and a 12 month high of $61.12. The company has a current ratio of 2.28, a quick ratio of 1.52 and a debt-to-equity ratio of 0.19. The business’s fifty day simple moving average is $53.09 and its two-hundred day simple moving average is $46.12. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 79.26 and a beta of 0.99.
Benchmark Electronics (NYSE:BHE – Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.07. The firm had revenue of $704.00 million for the quarter, compared to analysts’ expectations of $696.67 million. Benchmark Electronics had a net margin of 0.93% and a return on equity of 6.48%. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.61 earnings per share. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.
Benchmark Electronics Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 13th. Investors of record on Wednesday, December 31st were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Wednesday, December 31st. Benchmark Electronics’s dividend payout ratio is 98.55%.
Benchmark Electronics 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.
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