Benchmark Electronics (NYSE:BHE) SVP Stephen Beaver Sells 20,000 Shares of Stock

Benchmark Electronics, Inc. (NYSE:BHE) SVP Stephen Beaver sold 20,000 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were 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 directly owned 75,020 shares of the company’s stock, valued at $6,470,475. The trade was a 21.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Benchmark Electronics Price Performance

Shares of NYSE:BHE opened at $89.05 on Friday. The company has a 50-day simple moving average of $76.12 and a 200-day simple moving average of $59.96. Benchmark Electronics, Inc. has a one year low of $34.44 and a one year high of $89.40. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.42 and a current ratio of 2.18. The stock has a market capitalization of $3.19 billion, a price-to-earnings ratio of 93.74 and a beta of 1.26.

Benchmark Electronics (NYSE:BHE) last announced its earnings results on Wednesday, April 29th. The technology company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. Benchmark Electronics had a net margin of 1.27% and a return on equity of 6.63%. The business had revenue of $677.28 million during the quarter, compared to analysts’ expectations of $676.25 million. During the same period in the prior year, the company earned $0.52 earnings per share. The business’s revenue was up 7.1% compared to the same quarter last year. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Tuesday, June 30th. Benchmark Electronics’s dividend payout ratio (DPR) is 71.58%.

Institutional Trading of Benchmark Electronics

A number of institutional investors have recently added to or reduced their stakes in BHE. Royal Bank of Canada boosted its holdings in Benchmark Electronics by 30.2% during the first quarter. Royal Bank of Canada now owns 14,420 shares of the technology company’s stock worth $548,000 after buying an additional 3,341 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Benchmark Electronics by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,239 shares of the technology company’s stock worth $808,000 after purchasing an additional 931 shares in the last quarter. Caxton Associates LLP purchased a new stake in Benchmark Electronics during the first quarter worth $202,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Benchmark Electronics by 12.2% during 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 worth $3,981,000 after purchasing an additional 11,369 shares in the last quarter. Finally, Jane Street Group LLC boosted its position 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 purchasing an additional 53,840 shares in the last quarter. Hedge funds and other institutional investors own 92.29% of the company’s stock.

Analyst Ratings Changes

BHE has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Needham & Company LLC increased their target price on Benchmark Electronics from $62.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Lake Street Capital reissued a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a research note on Thursday, April 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a research note on Monday, April 20th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Benchmark Electronics presently has an average rating of “Moderate Buy” and a consensus target price of $86.00.

About Benchmark Electronics

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.