Rhonda Turner Sells 10,000 Shares of Benchmark Electronics (NYSE:BHE) Stock

Benchmark Electronics, Inc. (NYSE:BHE) SVP Rhonda Turner sold 10,000 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $47.83, for a total value of $478,300.00. Following the completion of the transaction, the senior vice president owned 34,701 shares in the company, valued at approximately $1,659,748.83. This trade represents a 22.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Benchmark Electronics Price Performance

BHE stock opened at $44.23 on Thursday. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.19. Benchmark Electronics, Inc. has a 52-week low of $30.73 and a 52-week high of $50.26. The stock’s 50 day moving average is $43.83 and its two-hundred day moving average is $40.77. The company has a market capitalization of $1.58 billion, a PE ratio of 43.36 and a beta of 1.05.

Benchmark Electronics (NYSE:BHE) last released its earnings results on Tuesday, November 4th. The technology company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.57 by $0.05. The company had revenue of $680.68 million during the quarter, compared to analysts’ expectations of $661.67 million. Benchmark Electronics had a return on equity of 6.15% and a net margin of 1.43%.The business’s revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.57 EPS. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 13th. Stockholders of record on Wednesday, December 31st will be given a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.68 annualized dividend and a dividend yield of 1.5%. Benchmark Electronics’s payout ratio is presently 66.67%.

Hedge Funds Weigh In On Benchmark Electronics

A number of large investors have recently bought and sold shares of the business. Franklin Resources Inc. grew its holdings in shares of Benchmark Electronics by 14.4% during the third quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company’s stock valued at $103,634,000 after purchasing an additional 338,081 shares during the last quarter. First Trust Advisors LP boosted its position in Benchmark Electronics by 39.0% during the 2nd quarter. First Trust Advisors LP now owns 1,790,647 shares of the technology company’s stock valued at $69,531,000 after purchasing an additional 502,717 shares during the period. American Century Companies Inc. grew its stake in Benchmark Electronics by 2.3% during the 3rd quarter. American Century Companies Inc. now owns 1,328,183 shares of the technology company’s stock worth $51,201,000 after buying an additional 29,923 shares during the last quarter. Wasatch Advisors LP increased its position in Benchmark Electronics by 0.6% in the second quarter. Wasatch Advisors LP now owns 1,229,825 shares of the technology company’s stock worth $47,754,000 after buying an additional 6,868 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Benchmark Electronics by 1.4% in the second quarter. Geode Capital Management LLC now owns 887,370 shares of the technology company’s stock valued at $34,461,000 after buying an additional 12,444 shares during the last quarter. Institutional investors own 92.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Wall Street Zen raised shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, October 8th. Finally, Lake Street Capital reiterated a “buy” rating and issued a $51.00 price target on shares of Benchmark Electronics in a report on Wednesday, November 5th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Benchmark Electronics currently has a consensus rating of “Moderate Buy” and a consensus target price of $49.00.

About Benchmark Electronics

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.