Benchmark Electronics (NYSE:BHE) Sets New 12-Month High – Should You Buy?

Benchmark Electronics, Inc. (NYSE:BHE) reached a new 52-week high during trading on Wednesday . The stock traded as high as $59.97 and last traded at $58.4350, with a volume of 20168 shares trading hands. The stock had previously closed at $58.27.

Analyst Ratings Changes

Several brokerages have issued reports on BHE. Needham & Company LLC lifted their price target on shares of 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 upgraded Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Lake Street Capital set a $62.00 target price on shares of Benchmark Electronics in a research note on Wednesday, February 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Benchmark Electronics has an average rating of “Moderate Buy” and an average price target of $62.00.

Benchmark Electronics Trading Up 1.5%

The company has a market cap of $2.11 billion, a price-to-earnings ratio of 85.90 and a beta of 1.03. The business’s 50 day moving average price is $48.73 and its 200-day moving average price is $43.68. The company has a current ratio of 2.28, a quick ratio of 1.52 and a debt-to-equity ratio of 0.19.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.07. The company had revenue of $704.00 million during the quarter, compared to analysts’ expectations of $696.67 million. Benchmark Electronics had a return on equity of 6.48% and a net margin of 0.93%.The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, January 13th. Stockholders of record on Wednesday, December 31st were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, December 31st. Benchmark Electronics’s payout ratio is presently 98.55%.

Insider Buying and Selling at Benchmark Electronics

In other Benchmark Electronics news, SVP Jan M. Janick sold 8,967 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $42.66, for a total value of $382,532.22. Following the completion of the sale, the senior vice president 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jeff Benck sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $58.19, for a total transaction of $1,454,750.00. Following the transaction, the chief executive officer directly owned 398,180 shares in the company, valued at $23,170,094.20. This represents a 5.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 88,967 shares of company stock worth $4,484,208 over the last quarter. Company insiders own 2.20% of the company’s stock.

Institutional Trading of Benchmark Electronics

Institutional investors have recently modified their holdings of the stock. American Century Companies Inc. boosted its stake in shares of 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 purchasing an additional 45,602 shares in the last quarter. Summit Global Investments boosted its position in 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 buying an additional 18,444 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of 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 buying an additional 25,501 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Benchmark Electronics by 1.4% during the second quarter. Geode Capital Management LLC now owns 887,370 shares of the technology company’s stock worth $34,461,000 after buying an additional 12,444 shares in the last quarter. Finally, Leuthold Group LLC acquired a new stake in shares of Benchmark Electronics during the 2nd quarter valued at $1,751,000. 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.