Engineers Gate Manager LP Has $1.88 Million Position in Benchmark Electronics, Inc. $BHE

Engineers Gate Manager LP lessened its holdings in Benchmark Electronics, Inc. (NYSE:BHE) by 27.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,020 shares of the technology company’s stock after selling 7,374 shares during the quarter. Engineers Gate Manager LP’s holdings in Benchmark Electronics were worth $1,877,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Franklin Resources Inc. increased its position in Benchmark Electronics by 8.1% in the 4th quarter. Franklin Resources Inc. now owns 2,906,748 shares of the technology company’s stock valued at $124,293,000 after acquiring an additional 218,450 shares during the period. Deutsche Bank AG bought a new stake in shares of Benchmark Electronics in the second quarter worth $9,589,000. First Eagle Investment Management LLC grew its stake in shares of Benchmark Electronics by 18.3% in the second quarter. First Eagle Investment Management LLC now owns 350,964 shares of the technology company’s stock worth $34,630,000 after purchasing an additional 54,395 shares during the last quarter. UBS Group AG increased its holdings in Benchmark Electronics by 100.0% in the fourth quarter. UBS Group AG now owns 68,841 shares of the technology company’s stock valued at $2,944,000 after purchasing an additional 34,415 shares during the period. Finally, Segall Bryant & Hamill LLC acquired a new stake in Benchmark Electronics in the first quarter valued at $6,078,000. 92.29% of the stock is currently owned by institutional investors and hedge funds.

Benchmark Electronics Trading Up 0.5%

NYSE:BHE opened at $72.59 on Wednesday. Benchmark Electronics, Inc. has a 52 week low of $35.91 and a 52 week high of $100.41. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.31 and a current ratio of 1.99. The firm’s fifty day moving average is $77.85 and its 200-day moving average is $75.17. The firm has a market cap of $2.61 billion, a P/E ratio of 49.38 and a beta of 1.26.

Benchmark Electronics (NYSE:BHE) last announced its earnings results on Wednesday, July 29th. The technology company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.06. The business had revenue of $755.98 million during the quarter, compared to the consensus estimate of $720.00 million. Benchmark Electronics had a net margin of 1.89% and a return on equity of 7.28%. Benchmark Electronics’s quarterly revenue was up 17.7% on a year-over-year basis. During the same quarter last year, the firm 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 disclosed a quarterly dividend, which will be paid on Tuesday, October 13th. Stockholders of record on Wednesday, September 30th will be given a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.68 annualized dividend and a dividend yield of 0.9%. Benchmark Electronics’s dividend payout ratio (DPR) is 46.26%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Weiss Ratings downgraded Benchmark Electronics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, September 9th. Needham & Company LLC raised their price objective on Benchmark Electronics from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Benchmark Electronics presently has an average rating of “Moderate Buy” and a consensus price target of $91.00.

Benchmark Electronics Company Profile

Benchmark Electronics, Inc (NYSE:BHE) provides engineering, manufacturing and technology solutions for original equipment manufacturers (OEMs). The company supports customers across the product life cycle, from design and prototyping to production, testing, supply-chain management, systems integration and aftermarket services.

Its capabilities include printed circuit board assembly, precision machining, advanced manufacturing, engineering design, product testing and integrated systems production.