Benchmark Electronics, Inc. $BHE Shares Sold by Vest Financial LLC

Vest Financial LLC decreased its holdings in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 95.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,195 shares of the technology company’s stock after selling 42,930 shares during the period. Vest Financial LLC’s holdings in Benchmark Electronics were worth $217,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Earnest Partners LLC acquired a new stake in shares of Benchmark Electronics in the 4th quarter valued at approximately $74,940,000. Franklin Resources Inc. grew its holdings in Benchmark Electronics by 14.4% during the third quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company’s stock worth $103,634,000 after acquiring an additional 338,081 shares during the period. Kennedy Capital Management LLC raised its position in Benchmark Electronics by 141.8% in the third quarter. Kennedy Capital Management LLC now owns 363,651 shares of the technology company’s stock worth $14,019,000 after acquiring an additional 213,276 shares in the last quarter. Focus Partners Wealth purchased a new position in Benchmark Electronics in the fourth quarter worth $8,312,000. Finally, Millennium Management LLC lifted its holdings in Benchmark Electronics by 56.4% in the third quarter. Millennium Management LLC now owns 341,457 shares of the technology company’s stock valued at $13,163,000 after acquiring an additional 123,143 shares during the period. 92.29% of the stock is owned by hedge funds and other institutional investors.

Benchmark Electronics Trading Down 1.6%

Shares of BHE stock opened at $80.64 on Friday. Benchmark Electronics, Inc. has a fifty-two week low of $35.91 and a fifty-two week high of $100.41. The stock has a market cap of $2.90 billion, a P/E ratio of 54.86 and a beta of 1.27. The business has a fifty day simple moving average of $85.30 and a 200-day simple moving average of $72.34. The company has a quick ratio of 1.31, a current ratio of 1.99 and a debt-to-equity ratio of 0.16.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. Benchmark Electronics had a net margin of 1.89% and a return on equity of 7.28%. The firm had revenue of $755.98 million for the quarter, compared to analysts’ expectations of $720.00 million. During the same period in the prior year, the company earned $0.03 EPS. The firm’s revenue was up 17.7% on a year-over-year basis. Benchmark Electronics has set its Q3 2026 guidance at 0.760-0.820 EPS.

Benchmark Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th were given a $0.17 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.68 annualized dividend and a dividend yield of 0.8%. Benchmark Electronics’s dividend payout ratio is currently 46.26%.

Insider Buying and Selling

In other news, CEO David Moezidis sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $87.57, for a total transaction of $1,094,625.00. Following the completion of the transaction, the chief executive officer directly owned 85,564 shares of the company’s stock, valued at $7,492,839.48. This trade represents a 12.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Stephen J. Beaver sold 20,000 shares of Benchmark Electronics stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $86.25, for a total value of $1,725,000.00. Following the transaction, the senior vice president owned 75,020 shares of the company’s stock, valued at $6,470,475. This represents a 21.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on BHE shares. 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. Weiss Ratings upgraded shares of Benchmark Electronics from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, July 31st. Finally, Needham & Company LLC boosted their price objective on shares of Benchmark Electronics from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $91.00.

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.