Jupiter Topco LLC Invests $5.18 Million in Benchmark Electronics, Inc. $BHE

Jupiter Topco LLC purchased a new stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 52,474 shares of the technology company’s stock, valued at approximately $5,177,000. Jupiter Topco LLC owned 0.15% of Benchmark Electronics at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. grew its stake in 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 acquiring an additional 250 shares in the last quarter. Group One Trading LLC purchased a new stake in shares of Benchmark Electronics in the second quarter worth approximately $73,000. Kestra Advisory Services LLC purchased a new position in Benchmark Electronics during the fourth quarter valued at approximately $42,000. Global Retirement Partners LLC purchased a new position in Benchmark Electronics during the second quarter valued at approximately $112,000. Finally, Clearstead Advisors LLC increased its stake 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 buying an additional 970 shares during the period. 92.29% of the stock is owned by hedge funds and other institutional investors.

Benchmark Electronics Stock Down 1.5%

Benchmark Electronics stock opened at $70.27 on Tuesday. The company has a market capitalization of $2.52 billion, a P/E ratio of 47.80 and a beta of 1.28. The firm’s fifty day simple moving average is $81.79 and its 200-day simple moving average is $74.05. The company has a current ratio of 1.99, a quick ratio of 1.31 and a debt-to-equity ratio of 0.16. Benchmark Electronics, Inc. has a 1-year low of $35.91 and a 1-year high of $100.41.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.06. The firm had revenue of $755.98 million during the quarter, compared to analysts’ expectations of $720.00 million. Benchmark Electronics had a net margin of 1.89% and a return on equity of 7.28%. Benchmark Electronics’s revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.03 earnings per share. Benchmark Electronics has set its Q3 2026 guidance at 0.760-0.820 EPS.

Benchmark Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.0%. The ex-dividend date was Tuesday, June 30th. Benchmark Electronics’s payout ratio is 46.26%.

Insiders Place Their Bets

In other Benchmark Electronics news, SVP Stephen J. Beaver sold 20,000 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the senior vice president owned 75,020 shares of the company’s stock, valued at $6,470,475. This represents a 21.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

BHE has been the subject of a number of research reports. Needham & Company LLC lifted their target price on shares of Benchmark Electronics from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings raised shares of Benchmark Electronics from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, July 31st. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Benchmark Electronics presently has a consensus rating of “Buy” and an average target price of $91.00.

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.