UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Stock Holdings in Benchmark Electronics, Inc. $BHE

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its stake in Benchmark Electronics, Inc. (NYSE:BHE) by 7.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 93,698 shares of the technology company’s stock after selling 7,073 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.26% of Benchmark Electronics worth $9,245,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Rockefeller Capital Management L.P. grew its holdings in shares of Benchmark Electronics by 69.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock valued at $26,000 after purchasing an additional 250 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in Benchmark Electronics in the fourth quarter valued at $42,000. Clearstead Advisors LLC boosted 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 purchasing an additional 970 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in 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 acquiring an additional 322 shares in the last quarter. Finally, Group One Trading LLC bought a new stake in shares of Benchmark Electronics during the second quarter valued at approximately $73,000. Hedge funds and other institutional investors own 92.29% of the company’s stock.

Insider Buying and Selling at Benchmark Electronics

In other Benchmark Electronics news, SVP Stephen Beaver sold 20,000 shares of the stock in a transaction on Thursday, June 11th. The shares were 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 owned 75,020 shares in the company, valued at $6,470,475. This trade represents a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Benchmark Electronics Stock Up 0.2%

NYSE BHE opened at $72.75 on Monday. Benchmark Electronics, Inc. has a 52 week low of $35.91 and a 52 week high of $100.41. The company has a market capitalization of $2.61 billion, a P/E ratio of 49.49 and a beta of 1.26. The stock’s 50-day moving average price is $80.07 and its 200-day moving average price is $74.40. 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 posted its quarterly 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 business had revenue of $755.98 million during the quarter, compared to analyst estimates of $720.00 million. During the same period in the prior year, the business 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 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.