SG Americas Securities LLC decreased its holdings in shares of Benchmark Electronics, Inc. (NYSE:BHE – Free Report) by 25.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,414 shares of the technology company’s stock after selling 9,165 shares during the quarter. SG Americas Securities LLC’s holdings in Benchmark Electronics were worth $1,172,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Benchmark Electronics during the 4th quarter valued at $224,000. Tudor Investment Corp ET AL acquired a new position in shares of Benchmark Electronics during the 3rd quarter valued at $645,000. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Benchmark Electronics by 15.3% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 22,582 shares of the technology company’s stock valued at $871,000 after acquiring an additional 2,995 shares in the last quarter. Caxton Associates LLP lifted its holdings in shares of Benchmark Electronics by 177.9% during the 3rd quarter. Caxton Associates LLP now owns 18,673 shares of the technology company’s stock valued at $720,000 after acquiring an additional 11,953 shares in the last quarter. Finally, Dark Forest Capital Management LP acquired a new position in shares of Benchmark Electronics during the 3rd quarter valued at $493,000. Institutional investors and hedge funds own 92.29% of the company’s stock.
Wall Street Analysts Forecast Growth
BHE has been the topic of several recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, January 21st. Needham & Company LLC lifted their target price on shares of Benchmark Electronics from $55.00 to $62.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Lake Street Capital set a $62.00 target price on shares of Benchmark Electronics in a report on Wednesday, February 4th. Finally, Wall Street Zen upgraded shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $62.00.
Insider Buying and Selling at Benchmark Electronics
In other news, CEO Jeff Benck sold 834 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $60.06, for a total value of $50,090.04. Following the completion of the sale, the chief executive officer owned 397,246 shares of the company’s stock, valued at approximately $23,858,594.76. The trade was a 0.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders have sold 40,934 shares of company stock valued at $2,264,419. 2.20% of the stock is currently owned by insiders.
Benchmark Electronics Price Performance
BHE opened at $56.77 on Wednesday. The company has a 50-day moving average of $56.29 and a 200-day moving average of $48.26. The company has a market capitalization of $2.03 billion, a P/E ratio of 82.28 and a beta of 0.97. Benchmark Electronics, Inc. has a 1-year low of $32.11 and a 1-year high of $61.12. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.52 and a current ratio of 2.28.
Benchmark Electronics (NYSE:BHE – Get Free Report) last released its earnings results on Tuesday, February 3rd. The technology company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.07. The company had revenue of $704.00 million during the quarter, compared to the consensus estimate of $696.67 million. Benchmark Electronics had a net margin of 0.93% and a return on equity of 6.48%. The company’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.61 EPS. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.
Benchmark Electronics Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st will be given a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.68 annualized dividend and a dividend yield of 1.2%. Benchmark Electronics’s payout ratio is presently 98.55%.
Benchmark Electronics 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.
Read More
Want to see what other hedge funds are holding BHE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Benchmark Electronics, Inc. (NYSE:BHE – Free Report).
Receive News & Ratings for Benchmark Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Benchmark Electronics and related companies with MarketBeat.com's FREE daily email newsletter.
