Benchmark Electronics (NYSE:BHE) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Benchmark Electronics, Inc. (NYSE:BHE) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $41.23 and traded as high as $44.33. Benchmark Electronics shares last traded at $43.6840, with a volume of 174,245 shares changing hands.

Wall Street Analyst Weigh In

A number of research firms recently commented on BHE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Lake Street Capital restated a “buy” rating and set a $51.00 target price on shares of Benchmark Electronics in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.00.

Benchmark Electronics Stock Performance

The firm’s 50 day moving average is $44.70 and its 200-day moving average is $41.23. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 42.83 and a beta of 1.05. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.50 and a current ratio of 2.32.

Benchmark Electronics (NYSE:BHE) last released its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.57 by $0.05. The company had revenue of $680.68 million for the quarter, compared to analyst estimates of $661.67 million. Benchmark Electronics had a net margin of 1.43% and a return on equity of 6.15%. The firm’s revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the business earned $0.57 earnings per share. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 13th. Shareholders of record on Wednesday, December 31st will be given a dividend of $0.17 per share. The ex-dividend date is Wednesday, December 31st. This represents a $0.68 dividend on an annualized basis and a yield of 1.6%. Benchmark Electronics’s dividend payout ratio is currently 66.67%.

Insiders Place Their Bets

In other Benchmark Electronics news, SVP Rhonda R. Turner sold 10,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $47.83, for a total transaction of $478,300.00. Following the completion of the transaction, the senior vice president directly owned 34,701 shares in the company, valued at approximately $1,659,748.83. This represents a 22.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jeff Benck sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $47.55, for a total value of $475,500.00. Following the completion of the transaction, the chief executive officer owned 438,180 shares in the company, valued at approximately $20,835,459. This trade represents a 2.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 48,967 shares of company stock valued at $2,275,882 in the last three months. 2.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Benchmark Electronics

Several hedge funds and other institutional investors have recently modified their holdings of the business. Heritage Family Offices LLP lifted its stake in Benchmark Electronics by 5.7% in the 3rd quarter. Heritage Family Offices LLP now owns 6,241 shares of the technology company’s stock worth $241,000 after purchasing an additional 334 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Benchmark Electronics by 1.0% in the second quarter. Jennison Associates LLC now owns 36,429 shares of the technology company’s stock valued at $1,415,000 after purchasing an additional 346 shares during the last quarter. Hohimer Wealth Management LLC increased its stake in shares of Benchmark Electronics by 6.7% in the 3rd quarter. Hohimer Wealth Management LLC now owns 5,586 shares of the technology company’s stock worth $215,000 after acquiring an additional 350 shares during the last quarter. Amalgamated Bank boosted its position in shares of Benchmark Electronics by 3.4% during the 3rd quarter. Amalgamated Bank now owns 10,605 shares of the technology company’s stock valued at $409,000 after acquiring an additional 353 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Benchmark Electronics by 12.9% in the third quarter. PNC Financial Services Group Inc. now owns 3,124 shares of the technology company’s stock valued at $120,000 after purchasing an additional 358 shares during the period. 92.29% of the stock is owned by hedge funds and other 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.