Insider Selling: Benchmark Electronics (NYSE:BHE) SVP Sells 20,000 Shares of Stock

Benchmark Electronics, Inc. (NYSE:BHE) SVP Stephen Beaver sold 20,000 shares of Benchmark Electronics stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $86.25, for a total transaction of $1,725,000.00. Following the completion of the transaction, the senior vice president directly owned 75,020 shares of the company’s stock, valued at $6,470,475. The trade was a 21.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Benchmark Electronics Trading Up 7.5%

Shares of BHE stock traded up $6.19 during trading hours on Thursday, reaching $89.05. 589,292 shares of the stock were exchanged, compared to its average volume of 369,540. 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, Inc. has a 12-month low of $34.44 and a 12-month high of $89.40. The firm has a market capitalization of $3.20 billion, a price-to-earnings ratio of 93.74 and a beta of 1.26. The company’s 50-day moving average price is $75.46 and its 200-day moving average price is $59.63.

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

Benchmark Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.17 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. Benchmark Electronics’s dividend payout ratio (DPR) is presently 71.58%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of BHE. Royal Bank of Canada boosted its stake in Benchmark Electronics by 30.2% during the first quarter. Royal Bank of Canada now owns 14,420 shares of the technology company’s stock worth $548,000 after buying an additional 3,341 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Benchmark Electronics by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,239 shares of the technology company’s stock valued at $808,000 after purchasing an additional 931 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of Benchmark Electronics during the first quarter worth about $202,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Benchmark Electronics by 12.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,673 shares of the technology company’s stock worth $3,981,000 after buying an additional 11,369 shares during the period. Finally, Jane Street Group LLC raised its position in Benchmark Electronics by 99.8% in the 1st quarter. Jane Street Group LLC now owns 107,802 shares of the technology company’s stock valued at $4,100,000 after purchasing an additional 53,840 shares during the last quarter. Hedge funds and other institutional investors own 92.29% of the company’s stock.

Analysts Set New Price Targets

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