Empowered Funds LLC Purchases 7,956 Shares of Benchmark Electronics, Inc. $BHE

Empowered Funds LLC boosted its holdings in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 5.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,067 shares of the technology company’s stock after buying an additional 7,956 shares during the period. Empowered Funds LLC’s holdings in Benchmark Electronics were worth $9,422,000 as of its most recent SEC filing.

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

Insiders Place Their Bets

In related news, Director David W. Scheible sold 22,989 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $85.00, for a total transaction of $1,954,065.00. Following the sale, the director directly owned 62,057 shares in the company, valued at $5,274,845. This represents a 27.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kenneth T. Lamneck sold 24,263 shares of the firm’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 directly owned 47,418 shares of the company’s stock, valued at $3,864,092.82. This represents a 33.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 86,352 shares of company stock worth $7,312,806 over the last ninety days. 1.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have commented on BHE. Lake Street Capital restated a “buy” rating and set a $92.00 price target on shares of Benchmark Electronics in a research note on Thursday, April 30th. Needham & Company LLC boosted their price target on Benchmark Electronics from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $91.00.

Benchmark Electronics Trading Up 6.3%

Shares of BHE stock opened at $78.74 on Friday. 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 $2.83 billion, a P/E ratio of 53.57 and a beta of 1.24. The firm has a 50-day moving average price of $86.17 and a 200 day moving average price of $70.03. The company has a quick ratio of 1.42, a current ratio of 2.18 and a debt-to-equity ratio of 0.18.

Benchmark Electronics (NYSE:BHE) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The firm had revenue of $755.98 million for the quarter, compared to analyst estimates of $720.00 million. Benchmark Electronics had a net margin of 1.89% and a return on equity of 7.31%. The company’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.03 earnings per share. Benchmark Electronics has set its Q3 2026 guidance at 0.760-0.820 EPS.

Benchmark Electronics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Benchmark Electronics’s payout ratio is presently 71.58%.

Trending Headlines about Benchmark Electronics

Here are the key news stories impacting Benchmark Electronics this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Benchmark reported $756 million in revenue, up 18% year over year. Non-GAAP EPS was $0.75, ahead of the $0.69 consensus estimate, while GAAP EPS was $0.55. Non-GAAP earnings increased 36% from the prior-year quarter, supporting the positive investor reaction. Benchmark Reports Strong Second Quarter Results
• Positive Sentiment: Third-quarter guidance came in above analyst forecasts. Management forecast adjusted EPS of $0.76 to $0.82, compared with the $0.72 consensus estimate, and revenue of $755 million to $795 million, versus expectations of approximately $744.3 million. The guidance suggests continued operating momentum. Benchmark Reports Strong Q2 Results
• Positive Sentiment: Analyst sentiment improved. Needham raised its price target from $80 to $90 and maintained a “Buy” rating, implying additional upside based on the referenced price. The target increase reinforces confidence in Benchmark’s earnings trajectory. Benzinga analyst action
• Neutral Sentiment: Cash generation was positive but modest relative to sales. Benchmark produced $35 million of operating cash flow and $22 million of free cash flow during the quarter. Investors will likely monitor whether cash generation accelerates alongside the company’s revenue and earnings growth. Benchmark Q2 Earnings Snapshot

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.