Louisiana State Employees Retirement System Purchases Shares of 15,800 Benchmark Electronics, Inc. $BHE

Louisiana State Employees Retirement System acquired a new position in shares of Benchmark Electronics, Inc. (NYSE:BHE) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,800 shares of the technology company’s stock, valued at approximately $886,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Rockefeller Capital Management L.P. lifted its stake 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 worth $26,000 after buying an additional 250 shares during the last quarter. Kestra Advisory Services LLC bought a new position in Benchmark Electronics in the 4th quarter valued at about $42,000. Clearstead Advisors LLC raised its holdings in Benchmark Electronics by 246.8% in the 4th quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company’s stock valued at $58,000 after acquiring an additional 970 shares during the period. Parkside Financial Bank & Trust lifted its position in Benchmark Electronics by 28.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company’s stock worth $62,000 after acquiring an additional 322 shares during the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new stake in Benchmark Electronics during the fourth quarter worth approximately $79,000. 92.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BHE has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Monday, April 20th. Lake Street Capital reissued a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a report on Thursday, April 30th. Finally, Needham & Company LLC boosted their target price on shares of Benchmark Electronics from $62.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $86.00.

Benchmark Electronics Trading Up 0.2%

Shares of BHE stock opened at $86.28 on Monday. The stock has a market cap of $3.10 billion, a P/E ratio of 90.82 and a beta of 1.24. Benchmark Electronics, Inc. has a 1 year low of $34.44 and a 1 year high of $100.41. The company has a current ratio of 2.18, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18. The stock has a 50 day simple moving average of $85.85 and a 200 day simple moving average of $65.10.

Benchmark Electronics (NYSE:BHE) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $677.28 million for 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 company’s revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the company earned $0.52 EPS. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be 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 is Tuesday, June 30th. Benchmark Electronics’s payout ratio is 71.58%.

Insiders Place Their Bets

In related news, SVP Rhonda R. Turner sold 6,600 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $85.14, for a total transaction of $561,924.00. Following the completion of the sale, the senior vice president owned 36,067 shares of the company’s stock, valued at $3,070,744.38. This represents a 15.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Stephen J. Beaver sold 20,000 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $86.25, for a total transaction of $1,725,000.00. Following the sale, the senior vice president owned 75,020 shares in the company, valued at $6,470,475. The trade was a 21.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 86,352 shares of company stock valued at $7,312,806 over the last 90 days. 1.10% of the stock is owned by company insiders.

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.