SummerHaven Investment Management LLC Takes $812,000 Position in Benchmark Electronics, Inc. $BHE

SummerHaven Investment Management LLC bought a new stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 21,061 shares of the technology company’s stock, valued at approximately $812,000. SummerHaven Investment Management LLC owned approximately 0.06% of Benchmark Electronics at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in Benchmark Electronics by 30.2% in the first 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Benchmark Electronics by 4.6% in 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 acquired a new position in shares of Benchmark Electronics during the 1st quarter valued at $202,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Benchmark Electronics by 12.2% during the 1st 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 boosted its stake in Benchmark Electronics by 99.8% during the first quarter. Jane Street Group LLC now owns 107,802 shares of the technology company’s stock worth $4,100,000 after acquiring an additional 53,840 shares in the last quarter. 92.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Benchmark Electronics news, SVP Stephen J. Beaver sold 1,250 shares of the firm’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $48.00, for a total transaction of $60,000.00. Following the transaction, the senior vice president directly owned 85,745 shares in the company, valued at approximately $4,115,760. This trade represents a 1.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jeff Benck sold 14,900 shares of the stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $50.24, for a total transaction of $748,576.00. Following the completion of the sale, the chief executive officer owned 423,180 shares of the company’s stock, valued at approximately $21,260,563.20. This represents a 3.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 63,967 shares of company stock valued at $3,029,458. 2.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

BHE has been the subject of several research analyst reports. Wall Street Zen raised shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Lake Street Capital raised their target price on Benchmark Electronics from $51.00 to $57.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research note on Wednesday, January 21st. Finally, Needham & Company LLC increased their price target on Benchmark Electronics from $47.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, January 16th. 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, Benchmark Electronics currently has an average rating of “Moderate Buy” and an average target price of $56.00.

Benchmark Electronics Trading Up 1.4%

NYSE:BHE opened at $49.69 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.32 and a quick ratio of 1.50. Benchmark Electronics, Inc. has a one year low of $30.73 and a one year high of $52.53. The company has a market cap of $1.77 billion, a PE ratio of 48.71 and a beta of 1.03. The firm has a 50-day moving average of $46.22 and a 200-day moving average of $42.42.

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

Benchmark Electronics Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 13th. Investors of record on Wednesday, December 31st were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, December 31st. Benchmark Electronics’s dividend payout ratio is presently 66.67%.

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.