Benchmark Electronics (NYSE:BHE) Director Sells $1,977,191.87 in Stock

Benchmark Electronics, Inc. (NYSE:BHE) Director Kenneth Lamneck sold 24,263 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $81.49, for a total value of $1,977,191.87. Following the transaction, the director directly owned 47,418 shares in the company, valued at approximately $3,864,092.82. This represents a 33.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Benchmark Electronics Trading Down 3.5%

NYSE:BHE traded down $3.01 during midday trading on Tuesday, hitting $83.50. The stock had a trading volume of 491,777 shares, compared to its average volume of 481,336. Benchmark Electronics, Inc. has a one year low of $34.44 and a one year high of $87.73. The stock has a 50-day moving average of $62.92 and a 200 day moving average of $53.48. The company has a quick ratio of 1.42, a current ratio of 2.18 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of 87.90 and a beta of 1.28.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. The firm had revenue of $677.28 million during the quarter, compared to analyst estimates of $676.25 million. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.52 EPS. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 31st. Benchmark Electronics’s dividend payout ratio (DPR) is 71.58%.

Wall Street Analyst Weigh In

BHE has been the topic of a number of research analyst reports. Needham & Company LLC boosted their target price on Benchmark Electronics from $62.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Lake Street Capital reaffirmed a “buy” rating and issued a $92.00 target price on shares of Benchmark Electronics in a report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a report on Monday, April 20th. Finally, Wall Street Zen raised shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $86.00.

Institutional Trading of Benchmark Electronics

Hedge funds have recently bought and sold shares of the company. Earnest Partners LLC purchased a new stake in Benchmark Electronics during the 4th quarter worth $74,940,000. Franklin Resources Inc. grew its holdings in Benchmark Electronics by 14.4% during the 3rd quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company’s stock worth $103,634,000 after acquiring an additional 338,081 shares in the last quarter. Kennedy Capital Management LLC grew its holdings in Benchmark Electronics by 141.8% during the 3rd quarter. Kennedy Capital Management LLC now owns 363,651 shares of the technology company’s stock worth $14,019,000 after acquiring an additional 213,276 shares in the last quarter. Focus Partners Wealth acquired a new position in Benchmark Electronics during the 4th quarter worth $8,312,000. Finally, Millennium Management LLC grew its holdings in Benchmark Electronics by 56.4% during the 3rd quarter. Millennium Management LLC now owns 341,457 shares of the technology company’s stock worth $13,163,000 after acquiring an additional 123,143 shares in the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

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.