Aristotle Capital Boston LLC Cuts Holdings in Benchmark Electronics, Inc. $BHE

Aristotle Capital Boston LLC trimmed its holdings in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 9.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 315,232 shares of the technology company’s stock after selling 33,250 shares during the period. Aristotle Capital Boston LLC’s holdings in Benchmark Electronics were worth $13,479,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of BHE. Royal Bank of Canada raised its stake in shares of Benchmark Electronics by 30.2% during the 1st 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. raised its stake in shares of Benchmark Electronics by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,239 shares of the technology company’s stock worth $808,000 after buying an additional 931 shares in the last quarter. Caxton Associates LLP purchased a new position in shares of Benchmark Electronics during the 1st quarter worth approximately $202,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake 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 worth $3,981,000 after buying an additional 11,369 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Benchmark Electronics by 99.8% in the 1st 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 during the period. 92.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Benchmark Electronics news, Director Kenneth T. Lamneck sold 24,263 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $81.49, for a total transaction of $1,977,191.87. Following the sale, the director owned 47,418 shares in the company, valued at approximately $3,864,092.82. This represents a 33.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David W. Scheible sold 22,989 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $85.00, for a total value of $1,954,065.00. Following the sale, the director owned 62,057 shares in the company, valued at approximately $5,274,845. This trade represents a 27.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 86,352 shares of company stock worth $7,312,806 in the last quarter. 1.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BHE. Wall Street Zen raised Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Lake Street Capital reiterated a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a research report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Monday, April 20th. Finally, Needham & Company LLC boosted their target price on Benchmark Electronics from $62.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $86.00.

Benchmark Electronics Stock Up 2.5%

BHE opened at $91.41 on Thursday. The business’s fifty day moving average is $78.82 and its two-hundred day moving average is $61.24. 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 company has a market cap of $3.28 billion, a price-to-earnings ratio of 96.22 and a beta of 1.26. Benchmark Electronics, Inc. has a one year low of $34.44 and a one year high of $93.18.

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. The firm had revenue of $677.28 million for the quarter, compared to analysts’ expectations of $676.25 million. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.Benchmark Electronics’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.52 EPS. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Tuesday, June 30th. Benchmark Electronics’s dividend payout ratio is 71.58%.

Benchmark Electronics Company 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.