Benchmark Electronics (NYSE:BHE) CEO David Moezidis Sells 12,500 Shares of Stock

Benchmark Electronics, Inc. (NYSE:BHE) CEO David Moezidis sold 12,500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $87.57, for a total transaction of $1,094,625.00. Following the sale, the chief executive officer directly owned 85,564 shares in the company, valued at approximately $7,492,839.48. This represents a 12.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Benchmark Electronics Stock Up 4.5%

BHE stock opened at $88.93 on Wednesday. The company has a market cap of $3.19 billion, a P/E ratio of 93.61 and a beta of 1.28. Benchmark Electronics, Inc. has a 52 week low of $34.44 and a 52 week high of $89.35. The company’s 50-day moving average price is $68.85 and its 200 day moving average price is $56.37. The company has a current ratio of 2.18, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18.

Benchmark Electronics (NYSE:BHE) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $677.28 million for the quarter, compared to the consensus estimate of $676.25 million. Benchmark Electronics had a net margin of 1.27% and a return on equity of 6.63%. The firm’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.52 earnings per share. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. Benchmark Electronics’s payout ratio is presently 71.58%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Lake Street Capital restated a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a research report on Thursday, April 30th. Needham & Company LLC lifted their target price on shares of Benchmark Electronics from $62.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Monday, April 20th. Finally, Wall Street Zen upgraded shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Two investment 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.com, the company has a consensus rating of “Moderate Buy” and an average price target of $86.00.

Hedge Funds Weigh In On Benchmark Electronics

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. raised its position in shares of Benchmark Electronics by 8.1% in the fourth quarter. Franklin Resources Inc. now owns 2,906,748 shares of the technology company’s stock valued at $124,293,000 after buying an additional 218,450 shares during the last quarter. Earnest Partners LLC acquired a new position in shares of Benchmark Electronics in the fourth quarter valued at approximately $74,940,000. State Street Corp raised its position in shares of Benchmark Electronics by 0.7% in the fourth quarter. State Street Corp now owns 1,389,766 shares of the technology company’s stock valued at $59,661,000 after buying an additional 9,724 shares during the last quarter. American Century Companies Inc. raised its position in shares of Benchmark Electronics by 2.3% in the third quarter. American Century Companies Inc. now owns 1,328,183 shares of the technology company’s stock valued at $51,201,000 after buying an additional 29,923 shares during the last quarter. Finally, Wasatch Advisors LP raised its position in shares of Benchmark Electronics by 0.6% in the second quarter. Wasatch Advisors LP now owns 1,229,825 shares of the technology company’s stock valued at $47,754,000 after buying an additional 6,868 shares during the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

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.