Benchmark Electronics (NYSE:BHE – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.760-0.820 for the period, compared to the consensus earnings per share estimate of 0.720. The company issued revenue guidance of $755.0 million-$795.0 million, compared to the consensus revenue estimate of $744.3 million.
Analyst Ratings Changes
Several research analysts recently weighed in on the stock. Needham & Company LLC boosted their target price 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. Lake Street Capital reaffirmed a “buy” rating and set a $92.00 price target on shares of Benchmark Electronics in a research note on Thursday, April 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $86.00.
Check Out Our Latest Analysis on BHE
Benchmark Electronics Trading Down 3.6%
Benchmark Electronics (NYSE:BHE – Get Free Report) last released 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 during the quarter, compared to analyst estimates of $676.25 million. During the same quarter in the prior year, the business earned $0.52 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year.
Benchmark Electronics Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors 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 dividend yield of 0.9%. Benchmark Electronics’s payout ratio is 71.58%.
Insider Buying and Selling
In other news, SVP Stephen J. Beaver sold 20,000 shares of the 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 sale, the senior vice president directly owned 75,020 shares in the company, valued at approximately $6,470,475. This represents a 21.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Rhonda R. Turner sold 6,600 shares of the stock in a transaction on Wednesday, May 6th. The stock was 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 in the company, valued at $3,070,744.38. This represents a 15.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 86,352 shares of company stock worth $7,312,806 over the last 90 days. 1.10% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in BHE. Kestra Advisory Services LLC bought a new position in shares of Benchmark Electronics during the 4th quarter valued at about $42,000. Parkside Financial Bank & Trust raised its holdings in shares of Benchmark Electronics by 28.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company’s stock worth $62,000 after purchasing an additional 322 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of Benchmark Electronics in the 4th quarter worth approximately $79,000. Tower Research Capital LLC TRC raised its holdings in shares of Benchmark Electronics by 215.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company’s stock worth $116,000 after purchasing an additional 2,048 shares in the last quarter. Finally, State of Wyoming acquired a new stake in Benchmark Electronics during the second quarter valued at approximately $137,000. 92.29% of the stock is currently owned by institutional investors.
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.
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