Benchmark Electronics (NYSE:BHE) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Benchmark Electronics, Inc. (NYSE:BHE) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $47.09 and traded as high as $60.07. Benchmark Electronics shares last traded at $59.5240, with a volume of 518,491 shares.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Wall Street Zen raised shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Needham & Company LLC increased their price target on shares of Benchmark Electronics from $55.00 to $62.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, January 21st. Finally, Lake Street Capital set a $62.00 price objective on shares of Benchmark Electronics in a research note on Wednesday, February 4th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $62.00.

Benchmark Electronics Stock Performance

The stock’s 50-day moving average is $54.94 and its 200-day moving average is $47.09. 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 stock has a market cap of $2.12 billion, a price-to-earnings ratio of 86.27 and a beta of 0.99.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.07. Benchmark Electronics had a net margin of 0.93% and a return on equity of 6.48%. The firm had revenue of $704.00 million for the quarter, compared to analysts’ expectations of $696.67 million. During the same period in the previous year, the company posted $0.61 earnings per share. Benchmark Electronics’s revenue was up 7.2% compared to the same quarter last year. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.

Benchmark Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Tuesday, March 31st will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Benchmark Electronics’s dividend payout ratio is 98.55%.

Insider Transactions at Benchmark Electronics

In related news, CEO Jeff Benck sold 834 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $60.06, for a total value of $50,090.04. Following the completion of the sale, the chief executive officer directly owned 397,246 shares in the company, valued at approximately $23,858,594.76. This represents a 0.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders sold 40,934 shares of company stock valued at $2,264,419. 2.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Benchmark Electronics

Several institutional investors and hedge funds have recently modified their holdings of BHE. Rockefeller Capital Management L.P. raised its holdings in shares of Benchmark Electronics by 69.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock valued at $26,000 after buying an additional 250 shares during the period. Virtu Financial LLC purchased a new position in Benchmark Electronics in the 4th quarter worth approximately $284,000. Summit Global Investments grew its position in Benchmark Electronics by 151.9% in the fourth quarter. Summit Global Investments now owns 24,416 shares of the technology company’s stock valued at $1,044,000 after acquiring an additional 14,724 shares in the last quarter. XTX Topco Ltd acquired a new stake in Benchmark Electronics in the fourth quarter valued at approximately $1,214,000. Finally, VARCOV Co. purchased a new stake in shares of Benchmark Electronics during the fourth quarter valued at approximately $427,000. Hedge funds and other institutional investors own 92.29% of the company’s stock.

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.