American Century Companies Inc. Boosts Holdings in Benchmark Electronics, Inc. $BHE

American Century Companies Inc. boosted its stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 3.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,298,260 shares of the technology company’s stock after acquiring an additional 45,602 shares during the quarter. American Century Companies Inc.’s holdings in Benchmark Electronics were worth $50,411,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of BHE. New Age Alpha Advisors LLC purchased a new position in shares of Benchmark Electronics during the 1st quarter valued at approximately $56,000. GAMMA Investing LLC boosted its stake in Benchmark Electronics by 58.3% during the second quarter. GAMMA Investing LLC now owns 3,609 shares of the technology company’s stock worth $140,000 after buying an additional 1,329 shares during the last quarter. Caxton Associates LLP acquired a new stake in Benchmark Electronics during the first quarter worth about $202,000. Linscomb Wealth Inc. acquired a new position in Benchmark Electronics in the first quarter valued at approximately $214,000. Finally, First Citizens Bank & Trust Co. acquired a new stake in shares of Benchmark Electronics during the 2nd quarter worth about $331,000. Hedge funds and other institutional investors own 92.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on BHE. Wall Street Zen raised Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Needham & Company LLC cut their target price on Benchmark Electronics from $48.00 to $47.00 and set a “buy” rating on the stock in a research report on Friday, August 1st. Lake Street Capital reaffirmed a “buy” rating and set a $51.00 price objective on shares of Benchmark Electronics in a report on Wednesday, November 5th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, October 8th. Two equities research 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 an average rating of “Moderate Buy” and an average target price of $49.00.

Benchmark Electronics Stock Up 0.0%

Shares of NYSE BHE opened at $44.93 on Friday. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of 42.79 and a beta of 1.09. Benchmark Electronics, Inc. has a 52 week low of $30.73 and a 52 week high of $50.26. The firm has a 50-day moving average price of $41.71 and a 200 day moving average price of $39.83. The company has a quick ratio of 1.46, a current ratio of 2.36 and a debt-to-equity ratio of 0.18.

Benchmark Electronics (NYSE:BHE) last issued its earnings results on Tuesday, November 4th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.05. Benchmark Electronics had a net margin of 1.48% and a return on equity of 6.08%. The company had revenue of $680.68 million for the quarter, compared to analyst estimates of $661.67 million. During the same period in the prior year, the business posted $0.57 earnings per share. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 13th. Investors of record on Tuesday, September 30th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.68 annualized dividend and a yield of 1.5%. Benchmark Electronics’s payout ratio is currently 66.67%.

Insider Buying and Selling

In other Benchmark Electronics news, SVP Jan M. Janick sold 8,967 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $42.66, for a total transaction of $382,532.22. Following the sale, the senior vice president directly owned 53,401 shares in the company, valued at approximately $2,278,086.66. The trade was a 14.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.20% of the company’s stock.

About Benchmark Electronics

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.