Jeff Benck Sells 25,000 Shares of Benchmark Electronics (NYSE:BHE) Stock

Benchmark Electronics, Inc. (NYSE:BHE) CEO Jeff Benck sold 25,000 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $58.19, for a total value of $1,454,750.00. Following the sale, the chief executive officer directly owned 398,180 shares of the company’s stock, valued at $23,170,094.20. This trade represents a 5.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Jeff Benck also recently made the following trade(s):

• On Wednesday, January 21st, Jeff Benck sold 14,900 shares of Benchmark Electronics stock. The shares were sold at an average price of $50.24, for a total value of $748,576.00.
• On Tuesday, January 20th, Jeff Benck sold 100 shares of Benchmark Electronics stock. The shares were sold at an average price of $50.00, for a total transaction of $5,000.00.
• On Monday, December 8th, Jeff Benck sold 10,000 shares of Benchmark Electronics stock. The shares were sold at an average price of $47.55, for a total transaction of $475,500.00.

Benchmark Electronics Stock Performance

Shares of BHE opened at $58.31 on Friday. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 84.51 and a beta of 1.03. The company’s fifty day moving average is $48.73 and its 200-day moving average is $43.68. The company has a quick ratio of 1.52, a current ratio of 2.28 and a debt-to-equity ratio of 0.19. Benchmark Electronics, Inc. has a 12 month low of $30.73 and a 12 month high of $60.51.

Benchmark Electronics (NYSE:BHE) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.07. The business had revenue of $704.00 million during the quarter, compared to analyst estimates of $696.67 million. Benchmark Electronics had a net margin of 0.93% and a return on equity of 6.48%. Benchmark Electronics’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.61 EPS. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.

Benchmark Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 13th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. Benchmark Electronics’s dividend payout ratio is currently 98.55%.

Hedge Funds Weigh In On Benchmark Electronics

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. ProShare Advisors LLC raised its stake in Benchmark Electronics by 3.2% during the 4th quarter. ProShare Advisors LLC now owns 6,952 shares of the technology company’s stock valued at $297,000 after purchasing an additional 214 shares during the last quarter. Crossmark Global Holdings Inc. increased its holdings in shares of Benchmark Electronics by 3.3% during the 4th quarter. Crossmark Global Holdings Inc. now owns 7,158 shares of the technology company’s stock worth $306,000 after purchasing an additional 228 shares during the period. Heritage Family Offices LLP raised its position in shares of Benchmark Electronics by 5.7% during the third quarter. Heritage Family Offices LLP now owns 6,241 shares of the technology company’s stock valued at $241,000 after buying an additional 334 shares during the last quarter. Jennison Associates LLC lifted its stake 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 buying an additional 346 shares during the period. Finally, Hohimer Wealth Management LLC grew its position in Benchmark Electronics by 6.7% during the third quarter. Hohimer Wealth Management LLC now owns 5,586 shares of the technology company’s stock worth $215,000 after buying an additional 350 shares in the last quarter. Institutional investors own 92.29% of the company’s stock.

Analyst Ratings Changes

BHE has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, January 21st. Lake Street Capital set a $62.00 price objective on shares of Benchmark Electronics in a research note on Wednesday, February 4th. Needham & Company LLC upped their price objective on shares of Benchmark Electronics from $55.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Finally, Wall Street Zen upgraded shares of 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Benchmark Electronics presently has a consensus rating of “Moderate Buy” and a consensus target price of $62.00.

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.