AlphaQuest LLC Has $1.35 Million Stake in Benchmark Electronics, Inc. $BHE

AlphaQuest LLC trimmed its holdings in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 32.6% in the fourth quarter, HoldingsChannel reports. The firm owned 31,519 shares of the technology company’s stock after selling 15,220 shares during the period. AlphaQuest LLC’s holdings in Benchmark Electronics were worth $1,348,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BHE. ProShare Advisors LLC raised its holdings in shares of Benchmark Electronics by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 6,952 shares of the technology company’s stock valued at $297,000 after buying an additional 214 shares during the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of Benchmark Electronics by 3.3% during the fourth quarter. Crossmark Global Holdings Inc. now owns 7,158 shares of the technology company’s stock valued at $306,000 after purchasing an additional 228 shares during the last quarter. Hohimer Wealth Management LLC grew its stake in shares of Benchmark Electronics by 6.7% during the third quarter. Hohimer Wealth Management LLC now owns 5,586 shares of the technology company’s stock valued at $215,000 after purchasing an additional 350 shares during the last quarter. Amalgamated Bank grew its stake in shares of Benchmark Electronics by 3.4% during 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 last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of Benchmark Electronics by 12.9% during the third 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 during the last quarter. 92.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Rhonda R. Turner sold 6,600 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $85.14, for a total transaction of $561,924.00. Following the completion of the transaction, the senior vice president owned 36,067 shares in the company, valued at approximately $3,070,744.38. The trade was a 15.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David W. Scheible sold 22,989 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $85.00, for a total transaction of $1,954,065.00. Following the transaction, the director owned 62,057 shares of the company’s stock, valued at approximately $5,274,845. This represents a 27.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 66,352 shares of company stock valued at $5,587,806 in the last three months. 1.10% of the stock is currently owned by company insiders.

Benchmark Electronics Stock Down 1.7%

Shares of NYSE:BHE opened at $84.58 on Friday. Benchmark Electronics, Inc. has a one year low of $34.44 and a one year high of $89.40. The company has a 50 day moving average of $70.10 and a 200-day moving average of $56.94. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.18 and a quick ratio of 1.42. The stock has a market cap of $3.03 billion, a price-to-earnings ratio of 89.03 and a beta of 1.28.

Benchmark Electronics (NYSE:BHE) last announced 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. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The business had revenue of $677.28 million during the quarter, compared to analysts’ expectations of $676.25 million. During the same period in the previous year, the firm earned $0.52 earnings per share. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Needham & Company LLC lifted their target price on Benchmark Electronics from $62.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Lake Street Capital reissued a “buy” rating and issued a $92.00 target price on shares of Benchmark Electronics in a research note on Thursday, April 30th. Wall Street Zen raised Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a research note on Monday, April 20th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Benchmark Electronics has an average rating of “Moderate Buy” and a consensus price target of $86.00.

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.