Benchmark Electronics, Inc. $BHE Shares Acquired by First Eagle Investment Management LLC

First Eagle Investment Management LLC grew its position in Benchmark Electronics, Inc. (NYSE:BHE) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 250,469 shares of the technology company’s stock after purchasing an additional 12,000 shares during the quarter. First Eagle Investment Management LLC’s holdings in Benchmark Electronics were worth $10,710,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Crossmark Global Holdings Inc. raised its holdings in shares of Benchmark Electronics by 3.3% in the 4th quarter. Crossmark Global Holdings Inc. now owns 7,158 shares of the technology company’s stock valued at $306,000 after purchasing an additional 228 shares in the last quarter. Connable Office Inc. purchased a new position in shares of Benchmark Electronics in the 4th quarter valued at $393,000. Oppenheimer Asset Management Inc. purchased a new position in shares of Benchmark Electronics in the 4th quarter valued at $1,193,000. Pictet Asset Management Holding SA purchased a new position in shares of Benchmark Electronics in the 4th quarter valued at $208,000. Finally, UBS Group AG grew its position in shares of Benchmark Electronics by 100.0% in the 4th quarter. UBS Group AG now owns 68,841 shares of the technology company’s stock valued at $2,944,000 after buying an additional 34,415 shares during the last quarter. 92.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on BHE shares. Lake Street Capital reaffirmed a “buy” rating and issued a $92.00 target price on shares of Benchmark Electronics in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Monday, April 20th. Needham & Company LLC increased 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. Finally, Wall Street Zen raised shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Benchmark Electronics currently has a consensus rating of “Moderate Buy” and an average target price of $86.00.

Benchmark Electronics Trading Down 3.5%

Shares of Benchmark Electronics stock opened at $83.50 on Wednesday. Benchmark Electronics, Inc. has a 1 year low of $34.44 and a 1 year high of $87.73. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.42 and a current ratio of 2.18. The company has a market capitalization of $3.00 billion, a P/E ratio of 87.90 and a beta of 1.28. The company’s fifty day moving average is $62.92 and its two-hundred day moving average is $53.48.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $676.25 million. During the same period last year, the firm posted $0.52 EPS. 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend 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 presently 71.58%.

Insiders Place Their Bets

In other news, Director Kenneth T. Lamneck sold 24,263 shares of Benchmark Electronics stock in a transaction dated 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 sale, the director owned 47,418 shares of the company’s stock, valued at $3,864,092.82. The trade was a 33.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Rhonda R. Turner sold 6,600 shares of Benchmark Electronics 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 directly owned 36,067 shares in the company, valued at approximately $3,070,744.38. The trade was a 15.47% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 31,797 shares of company stock valued at $2,595,209. Insiders own 1.10% 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.