Heartland Advisors Inc. Sells 25,000 Shares of Benchmark Electronics, Inc. $BHE

Heartland Advisors Inc. cut its holdings in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 20.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 100,000 shares of the technology company’s stock after selling 25,000 shares during the quarter. Heartland Advisors Inc.’s holdings in Benchmark Electronics were worth $5,606,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. increased its stake in shares of Benchmark Electronics by 69.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock worth $26,000 after purchasing an additional 250 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Benchmark Electronics in the fourth quarter valued at approximately $42,000. Clearstead Advisors LLC lifted its stake in shares of Benchmark Electronics by 246.8% during 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 in the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of Benchmark Electronics by 28.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company’s stock valued at $62,000 after buying an additional 322 shares in the last quarter. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Benchmark Electronics during the 4th quarter valued at approximately $79,000. Institutional investors own 92.29% of the company’s stock.

Insiders Place Their Bets

In other news, Director Kenneth T. Lamneck sold 24,263 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $81.49, for a total transaction of $1,977,191.87. Following the completion of the transaction, the director directly owned 47,418 shares in the company, valued at $3,864,092.82. The trade was a 33.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Stephen J. Beaver sold 20,000 shares of the company’s stock in a transaction 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 transaction, the senior vice president directly owned 75,020 shares in the company, valued at approximately $6,470,475. The trade was a 21.05% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 86,352 shares of company stock worth $7,312,806. Company insiders own 1.10% of the company’s stock.

Benchmark Electronics Trading Down 0.1%

Shares of BHE opened at $78.34 on Monday. The business’s 50-day moving average price is $86.86 and its 200-day moving average price is $67.73. Benchmark Electronics, Inc. has a twelve month low of $34.44 and a twelve month high of $100.41. The stock has a market cap of $2.81 billion, a PE ratio of 82.47 and a beta of 1.24. The company has a quick ratio of 1.42, a current ratio of 2.18 and a debt-to-equity ratio of 0.18.

Benchmark Electronics (NYSE:BHE) last announced 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. Benchmark Electronics had a net margin of 1.27% and a return on equity of 6.63%. The firm had revenue of $677.28 million for the quarter, compared to the consensus estimate of $676.25 million. During the same period in the prior year, the firm posted $0.52 earnings per share. The company’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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were paid a $0.17 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.68 annualized dividend and a yield of 0.9%. Benchmark Electronics’s dividend payout ratio is currently 71.58%.

Analyst Upgrades and Downgrades

BHE has been the subject of a number of recent research reports. Needham & Company LLC lifted their price objective on shares of Benchmark Electronics from $62.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Monday, April 20th. Finally, Lake Street Capital restated a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a research report on Thursday, April 30th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.00.

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.