American Century Companies Inc. Grows Stake in Benchmark Electronics, Inc. $BHE

American Century Companies Inc. raised its stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 2.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,328,183 shares of the technology company’s stock after purchasing an additional 29,923 shares during the period. American Century Companies Inc. owned 3.72% of Benchmark Electronics worth $51,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Franklin Resources Inc. increased its position in shares of Benchmark Electronics by 3.0% during the 2nd quarter. Franklin Resources Inc. now owns 2,350,217 shares of the technology company’s stock valued at $91,259,000 after purchasing an additional 69,513 shares during the last quarter. First Trust Advisors LP increased its position in Benchmark Electronics by 39.0% during the second quarter. First Trust Advisors LP now owns 1,790,647 shares of the technology company’s stock valued at $69,531,000 after acquiring an additional 502,717 shares during the last quarter. Wasatch Advisors LP raised its stake in shares of Benchmark Electronics by 0.6% in the second quarter. Wasatch Advisors LP now owns 1,229,825 shares of the technology company’s stock valued at $47,754,000 after acquiring an additional 6,868 shares during the period. Geode Capital Management LLC raised its stake 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 valued at $34,461,000 after acquiring an additional 12,444 shares during the period. Finally, Tributary Capital Management LLC lifted its holdings in shares of Benchmark Electronics by 92.5% in the 3rd quarter. Tributary Capital Management LLC now owns 879,486 shares of the technology company’s stock worth $33,904,000 after acquiring an additional 422,608 shares during the last quarter. 92.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BHE has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, January 21st. Needham & Company LLC upped 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. Wall Street Zen raised Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Finally, Lake Street Capital set a $62.00 price objective on Benchmark Electronics in a research report on Wednesday, February 4th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock 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 834 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $60.06, for a total transaction of $50,090.04. Following the transaction, the chief executive officer owned 397,246 shares in the company, valued at $23,858,594.76. This represents a 0.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Rhonda R. Turner sold 10,000 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $47.83, for a total transaction of $478,300.00. Following the completion of the transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 62,184 shares of company stock valued at $3,278,219 in the last quarter. 2.20% of the stock is currently owned by corporate insiders.

Benchmark Electronics Stock Performance

Shares of Benchmark Electronics stock opened at $55.00 on Friday. The company has a market capitalization of $1.96 billion, a PE ratio of 79.71 and a beta of 0.99. The company has a 50-day simple moving average of $52.29 and a two-hundred day simple moving average of $45.66. Benchmark Electronics, Inc. has a one year low of $30.73 and a one year high of $61.12. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.52 and a current ratio of 2.28.

Benchmark Electronics (NYSE:BHE) last released 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 business had revenue of $704.00 million for the quarter, compared to analysts’ expectations of $696.67 million. During the same period last year, the business earned $0.61 EPS. The company’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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 13th. Stockholders of record on Wednesday, December 31st were given a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. Benchmark Electronics’s dividend payout ratio (DPR) is presently 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.