Benchmark Electronics, Inc. $BHE Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. cut its stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,903,016 shares of the technology company’s stock after selling 15,630 shares during the quarter. Vanguard Group Inc. owned approximately 0.14% of Benchmark Electronics worth $209,653,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Aster Capital Management DIFC Ltd acquired a new position in shares of Benchmark Electronics during the third quarter worth about $40,000. Versant Capital Management Inc grew its position in shares of Benchmark Electronics by 21.2% during the third quarter. Versant Capital Management Inc now owns 2,323 shares of the technology company’s stock worth $90,000 after buying an additional 407 shares in the last quarter. Tower Research Capital LLC TRC grew its position in shares of Benchmark Electronics by 215.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company’s stock worth $116,000 after buying an additional 2,048 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Benchmark Electronics by 12.9% during the third quarter. PNC Financial Services Group Inc. now owns 3,124 shares of the technology company’s stock worth $120,000 after buying an additional 358 shares in the last quarter. Finally, State of Wyoming acquired a new position in shares of Benchmark Electronics during the second quarter worth about $137,000. 92.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Benchmark Electronics

In other news, CEO Jeff Benck sold 834 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $60.06, for a total value of $50,090.04. Following the completion of the sale, the chief executive officer directly owned 397,246 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Rhonda R. Turner sold 6,600 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $85.14, for a total value of $561,924.00. Following the completion of the sale, the senior vice president directly owned 36,067 shares of the company’s stock, valued at $3,070,744.38. The trade was a 15.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,534 shares of company stock valued at $618,017 over the last three months. Corporate insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

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

Benchmark Electronics Stock Performance

NYSE BHE opened at $85.59 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.18 and a quick ratio of 1.42. Benchmark Electronics, Inc. has a 1 year low of $34.44 and a 1 year high of $87.73. The company has a market capitalization of $3.07 billion, a PE ratio of 90.10 and a beta of 1.28. The company has a fifty day moving average of $61.35 and a two-hundred day moving average of $52.57.

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

Benchmark Electronics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 31st. Benchmark Electronics’s dividend payout ratio is presently 71.58%.

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.