Hsbc Holdings PLC Makes New $4.27 Million Investment in Benchmark Electronics, Inc. $BHE

Hsbc Holdings PLC purchased a new stake in Benchmark Electronics, Inc. (NYSE:BHE) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 43,014 shares of the technology company’s stock, valued at approximately $4,274,000. Hsbc Holdings PLC owned 0.12% of Benchmark Electronics as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Rockefeller Capital Management L.P. grew its stake in shares of Benchmark Electronics by 69.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock worth $26,000 after purchasing an additional 250 shares during the last quarter. Kestra Advisory Services LLC bought a new position in Benchmark Electronics during the 4th quarter worth $42,000. Clearstead Advisors LLC lifted its holdings in Benchmark Electronics by 246.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company’s stock worth $58,000 after buying an additional 970 shares during the period. Parkside Financial Bank & Trust lifted its holdings in Benchmark Electronics by 28.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company’s stock worth $62,000 after buying an additional 322 shares during the period. Finally, Group One Trading LLC bought a new stake in shares of Benchmark Electronics in the 2nd quarter valued at about $73,000. Institutional investors and hedge funds own 92.29% of the company’s stock.

Insider Buying and Selling

In other news, SVP Stephen J. Beaver sold 20,000 shares of the business’s stock in a transaction that occurred 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 sale, the senior vice president owned 75,020 shares in the company, valued at $6,470,475. The trade was a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 1.10% of the company’s stock.

Benchmark Electronics Stock Down 3.2%

Benchmark Electronics stock opened at $71.30 on Friday. The company has a market capitalization of $2.56 billion, a PE ratio of 48.50 and a beta of 1.27. Benchmark Electronics, Inc. has a 12-month low of $35.91 and a 12-month high of $100.41. The firm’s fifty day moving average is $82.26 and its 200 day moving average is $73.86. The company has a quick ratio of 1.31, a current ratio of 1.99 and a debt-to-equity ratio of 0.16.

Benchmark Electronics (NYSE:BHE) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.06. Benchmark Electronics had a net margin of 1.89% and a return on equity of 7.28%. The business had revenue of $755.98 million during the quarter, compared to analysts’ expectations of $720.00 million. During the same period last year, the company posted $0.03 earnings per share. The business’s quarterly revenue was up 17.7% on a year-over-year basis. Benchmark Electronics has set its Q3 2026 guidance at 0.760-0.820 EPS.

Benchmark Electronics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Benchmark Electronics’s dividend payout ratio is 46.26%.

Analysts Set New Price Targets

Several analysts recently commented on BHE shares. Needham & Company LLC upped their target price on Benchmark Electronics from $80.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Weiss Ratings upgraded shares of Benchmark Electronics from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $91.00.

Benchmark Electronics 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.