David Moezidis Sells 12,500 Shares of Benchmark Electronics (NYSE:BHE) Stock

Benchmark Electronics, Inc. (NYSE:BHE) CEO David Moezidis sold 12,500 shares of Benchmark Electronics stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $87.57, for a total value of $1,094,625.00. Following the completion of the sale, the chief executive officer directly owned 85,564 shares in the company, valued at $7,492,839.48. This represents a 12.75% 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.

Benchmark Electronics Stock Performance

Shares of NYSE:BHE opened at $86.23 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.18 and a quick ratio of 1.42. The business’s 50 day moving average price is $69.49 and its 200-day moving average price is $56.66. The firm has a market capitalization of $3.09 billion, a PE ratio of 90.77 and a beta of 1.28. Benchmark Electronics, Inc. has a 1 year low of $34.44 and a 1 year high of $89.40.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share (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 business’s revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 earnings per share. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Announces Dividend

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

Institutional Investors Weigh In On Benchmark Electronics

Institutional investors have recently modified their holdings of the company. American Century Companies Inc. grew its stake in Benchmark Electronics by 2.3% during the 3rd quarter. American Century Companies Inc. now owns 1,328,183 shares of the technology company’s stock worth $51,201,000 after purchasing an additional 29,923 shares in the last quarter. First National Bank of Omaha acquired a new position in Benchmark Electronics during the 3rd quarter worth $529,000. Advisors Preferred LLC acquired a new position in Benchmark Electronics during the 3rd quarter worth $1,170,000. Tudor Investment Corp ET AL acquired a new position in Benchmark Electronics during the 3rd quarter worth $645,000. Finally, Connable Office Inc. acquired a new position in Benchmark Electronics during the 4th quarter worth $393,000. 92.29% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on BHE. Needham & Company LLC lifted their price objective on Benchmark Electronics from $62.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Monday, April 20th. Wall Street Zen upgraded Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Finally, Lake Street Capital reissued a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a research note on Thursday, April 30th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Benchmark Electronics presently has an average rating of “Moderate Buy” and an average target price of $86.00.

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.