AlphaQuest LLC lifted its position in shares of Benchmark Electronics, Inc. (NYSE:BHE – Free Report) by 50.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,739 shares of the technology company’s stock after purchasing an additional 15,667 shares during the period. AlphaQuest LLC owned 0.13% of Benchmark Electronics worth $1,802,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in BHE. Versant Capital Management Inc grew its holdings in Benchmark Electronics by 21.2% in the 3rd quarter. Versant Capital Management Inc now owns 2,323 shares of the technology company’s stock valued at $90,000 after buying an additional 407 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Benchmark Electronics by 215.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company’s stock valued at $116,000 after acquiring an additional 2,048 shares during the period. State of Wyoming acquired a new position in shares of Benchmark Electronics in the second quarter valued at about $137,000. Caxton Associates LLP bought a new position in Benchmark Electronics during the first quarter worth about $202,000. Finally, Hohimer Wealth Management LLC bought a new position in Benchmark Electronics during the second quarter worth about $203,000. 92.29% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of analysts have issued reports on the stock. Needham & Company LLC boosted their price objective on shares of Benchmark Electronics from $47.00 to $55.00 and gave the company a “buy” rating in a report on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a research note on Wednesday, January 21st. Lake Street Capital increased their price target on Benchmark Electronics from $51.00 to $57.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, Wall Street Zen raised Benchmark Electronics from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $56.00.
Insider Activity at Benchmark Electronics
In other Benchmark Electronics news, CEO Jeff Benck sold 14,900 shares of the firm’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $50.24, for a total value of $748,576.00. Following the sale, the chief executive officer owned 423,180 shares in the company, valued at $21,260,563.20. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Stephen J. Beaver sold 1,250 shares of the business’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $48.00, for a total transaction of $60,000.00. Following the sale, the senior vice president directly owned 85,745 shares in the company, valued at approximately $4,115,760. The trade was a 1.44% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 63,967 shares of company stock valued at $3,029,458. 2.20% of the stock is currently owned by company insiders.
Benchmark Electronics Stock Up 0.7%
NYSE BHE opened at $52.19 on Friday. The business has a fifty day moving average price of $46.60 and a two-hundred day moving average price of $42.60. The stock has a market capitalization of $1.86 billion, a PE ratio of 51.17 and a beta of 1.03. Benchmark Electronics, Inc. has a fifty-two week low of $30.73 and a fifty-two week high of $52.84. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.32 and a quick ratio of 1.50.
Benchmark Electronics (NYSE:BHE – Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. Benchmark Electronics had a return on equity of 6.15% and a net margin of 1.43%.The company had revenue of $680.68 million during the quarter, compared to analysts’ expectations of $661.67 million. During the same quarter in the previous year, the firm earned $0.57 EPS. Benchmark Electronics’s revenue was up 3.5% on a year-over-year basis. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.
Benchmark Electronics Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, January 13th. Stockholders of record on Wednesday, December 31st were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Wednesday, December 31st. Benchmark Electronics’s dividend payout ratio (DPR) is presently 66.67%.
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.
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