Dimensional Fund Advisors LP Sells 22,587 Shares of Benchmark Electronics, Inc. $BHE

Dimensional Fund Advisors LP cut its holdings in Benchmark Electronics, Inc. (NYSE:BHE) by 0.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,494,575 shares of the technology company’s stock after selling 22,587 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.07% of Benchmark Electronics worth $139,840,000 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 the business. Franklin Resources Inc. raised its stake in Benchmark Electronics by 8.1% during the fourth quarter. Franklin Resources Inc. now owns 2,906,748 shares of the technology company’s stock worth $124,293,000 after acquiring an additional 218,450 shares in the last quarter. Earnest Partners LLC bought a new position in shares of Benchmark Electronics in the fourth quarter worth about $74,940,000. State Street Corp boosted its stake in shares of Benchmark Electronics by 0.7% in the 4th quarter. State Street Corp now owns 1,389,766 shares of the technology company’s stock valued at $59,661,000 after purchasing an additional 9,724 shares in the last quarter. Wasatch Advisors LP boosted its stake in shares of Benchmark Electronics by 0.6% in the 2nd quarter. Wasatch Advisors LP now owns 1,229,825 shares of the technology company’s stock valued at $47,754,000 after purchasing an additional 6,868 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of Benchmark Electronics by 10.8% during the 4th quarter. Wellington Management Group LLP now owns 561,495 shares of the technology company’s stock valued at $24,010,000 after purchasing an additional 54,799 shares during the last quarter. Institutional investors own 92.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Needham & Company LLC upped their price objective 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 Friday, July 17th. Finally, Lake Street Capital reaffirmed a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a research note on Thursday, April 30th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Benchmark Electronics presently has a consensus rating of “Moderate Buy” and an average target price of $86.00.

Benchmark Electronics Price Performance

Benchmark Electronics stock opened at $81.19 on Monday. The stock has a 50-day moving average price of $86.59 and a two-hundred day moving average price of $69.11. Benchmark Electronics, Inc. has a 12 month low of $34.44 and a 12 month high of $100.41. The company has a market capitalization of $2.91 billion, a PE ratio of 85.47 and a beta of 1.24. 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 results on Wednesday, April 29th. The technology company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.02. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The company had revenue of $677.28 million for the quarter, compared to analysts’ expectations of $676.25 million. During the same period in the previous year, the business posted $0.52 earnings per share. The business’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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Benchmark Electronics’s payout ratio is presently 71.58%.

Insider Transactions at Benchmark Electronics

In related news, Director Kenneth T. Lamneck sold 24,263 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $81.49, for a total value of $1,977,191.87. Following the sale, the director owned 47,418 shares of the company’s stock, valued at $3,864,092.82. The trade was a 33.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director David W. Scheible sold 22,989 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $85.00, for a total value of $1,954,065.00. Following the completion of the sale, the director owned 62,057 shares of the company’s stock, valued at $5,274,845. The trade was a 27.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 86,352 shares of company stock worth $7,312,806. 1.10% of the stock is currently owned by insiders.

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.