Jupiter Topco LLC Makes New Investment in Benchmark Electronics, Inc. $BHE

Jupiter Topco LLC purchased a new stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 52,474 shares of the technology company’s stock, valued at approximately $5,177,000.

A number of other institutional investors have also made changes to their positions in BHE. BlackRock Inc. bought a new stake in Benchmark Electronics during the 2nd quarter valued at approximately $579,768,000. Franklin Resources Inc. increased its position in Benchmark Electronics by 8.1% in the 4th quarter. Franklin Resources Inc. now owns 2,906,748 shares of the technology company’s stock worth $124,293,000 after buying an additional 218,450 shares during the period. Earnest Partners LLC acquired a new position in shares of Benchmark Electronics during the fourth quarter worth approximately $74,940,000. State Street Corp lifted its holdings in shares of Benchmark Electronics by 0.7% during the fourth quarter. State Street Corp now owns 1,389,766 shares of the technology company’s stock worth $59,661,000 after buying an additional 9,724 shares during the last quarter. Finally, Wasatch Advisors LP boosted its position in shares of Benchmark Electronics by 0.6% in the second quarter. Wasatch Advisors LP now owns 1,229,825 shares of the technology company’s stock valued at $47,754,000 after acquiring an additional 6,868 shares during the period. 92.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Insider Transactions at Benchmark Electronics

In other Benchmark Electronics news, 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 transaction, the senior vice president owned 75,020 shares of the company’s stock, valued at approximately $6,470,475. This represents a 21.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.10% of the company’s stock.

Benchmark Electronics Stock Down 1.5%

Shares of NYSE BHE opened at $70.27 on Tuesday. Benchmark Electronics, Inc. has a 12-month low of $35.91 and a 12-month high of $100.41. The firm’s 50-day simple moving average is $81.79 and its 200 day simple moving average is $74.05. The company has a quick ratio of 1.31, a current ratio of 1.99 and a debt-to-equity ratio of 0.16. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 47.80 and a beta of 1.28.

Benchmark Electronics (NYSE:BHE) last announced its earnings results on Wednesday, July 29th. The technology company reported $0.75 earnings per share for the quarter, topping 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 company had revenue of $755.98 million during the quarter, compared to the consensus estimate of $720.00 million. During the same period in the previous year, the firm posted $0.03 earnings per share. The company’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 business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.0%. The ex-dividend date was Tuesday, June 30th. Benchmark Electronics’s payout ratio is 46.26%.

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.