Benchmark Electronics (NYSE:BHE) Stock Passes Above 200-Day Moving Average – Here’s Why

Shares of Benchmark Electronics, Inc. (NYSE:BHE) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $41.46 and traded as high as $45.30. Benchmark Electronics shares last traded at $44.5780, with a volume of 181,602 shares changing hands.

Analyst Ratings Changes

BHE has been the topic of several analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a research note on Wednesday, October 8th. Wall Street Zen upgraded Benchmark Electronics from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Lake Street Capital reaffirmed a “buy” rating and issued a $51.00 price target on shares of Benchmark Electronics in a research report on Wednesday, November 5th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Benchmark Electronics has an average rating of “Moderate Buy” and an average target price of $49.00.

Benchmark Electronics Trading Down 1.7%

The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.19. The business’s fifty day simple moving average is $44.86 and its two-hundred day simple moving average is $41.46. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 43.70 and a beta of 1.03.

Benchmark Electronics (NYSE:BHE) last issued its earnings results on Tuesday, November 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.05. The business had revenue of $680.68 million during the quarter, compared to analysts’ expectations of $661.67 million. Benchmark Electronics had a net margin of 1.43% and a return on equity of 6.15%. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.57 EPS. 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 will be paid on Tuesday, January 13th. Shareholders of record on Wednesday, December 31st will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.68 annualized dividend and a dividend yield of 1.5%. Benchmark Electronics’s dividend payout ratio (DPR) is presently 66.67%.

Insider Transactions at Benchmark Electronics

In related news, SVP Rhonda R. Turner sold 10,000 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $47.83, for a total value of $478,300.00. Following the completion of the sale, the senior vice president directly owned 34,701 shares of the company’s stock, valued at $1,659,748.83. This represents a 22.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jeff Benck sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $47.55, for a total value of $475,500.00. Following the transaction, the chief executive officer owned 438,180 shares in the company, valued at $20,835,459. This 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 over the last quarter. Company insiders own 2.20% of the company’s stock.

Institutional Trading of Benchmark Electronics

Large investors have recently bought and sold shares of the business. Heritage Family Offices LLP grew its position in Benchmark Electronics by 5.7% during 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 during the last quarter. Jennison Associates LLC raised its stake in shares of Benchmark Electronics by 1.0% during the second quarter. Jennison Associates LLC now owns 36,429 shares of the technology company’s stock worth $1,415,000 after purchasing an additional 346 shares during the last quarter. Hohimer Wealth Management LLC lifted 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 period. Amalgamated Bank lifted its position in Benchmark Electronics by 3.4% in the third quarter. Amalgamated Bank now owns 10,605 shares of the technology company’s stock valued at $409,000 after purchasing an additional 353 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in Benchmark Electronics by 12.9% in the 3rd 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 in the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

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.