Key Points
- Benchmark Electronics SVP Rhonda Turner sold 6,600 shares on May 6 at an average price of $85.14, totaling about $561,924. After the sale, she still owned 36,067 shares, a 15.47% reduction in her position.
- Benchmark Electronics reported earnings that beat expectations for the quarter, posting $0.58 EPS versus the $0.56 consensus and revenue of $677.28 million, up 7.1% year over year. The company also guided Q2 2026 EPS to a range of 0.650 to 0.710.
- Analysts remain generally positive on BHE, with a consensus rating of “Moderate Buy” and an average price target of $86.00. Needham raised its target to $80, while Lake Street Capital kept a $92 target and Buy rating.
Benchmark Electronics, Inc. (NYSE:BHE - Get Free Report) SVP Rhonda Turner sold 6,600 shares of Benchmark Electronics stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $85.14, for a total transaction of $561,924.00. Following the completion of the sale, the senior vice president owned 36,067 shares in the company, valued at approximately $3,070,744.38. This trade represents a 15.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Benchmark Electronics Stock Up 2.2%
Shares of NYSE BHE opened at $85.59 on Friday. The company's 50-day simple moving average is $61.35 and its 200-day simple moving average is $52.57. Benchmark Electronics, Inc. has a 52-week low of $34.44 and a 52-week high of $87.73. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 90.10 and a beta of 1.28. The company has a quick ratio of 1.42, a current ratio of 2.18 and a debt-to-equity ratio of 0.18.
Benchmark Electronics (NYSE:BHE - Get Free Report) last announced its earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $676.25 million. During the same quarter last year, the business earned $0.52 earnings per share. The company's revenue for the quarter 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 firm also recently declared a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 31st. Benchmark Electronics's dividend payout ratio (DPR) is currently 71.58%.
Hedge Funds Weigh In On Benchmark Electronics
A number of institutional investors and hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. boosted its position in Benchmark Electronics by 38.5% during the first quarter. PNC Financial Services Group Inc. now owns 5,253 shares of the technology company's stock worth $295,000 after acquiring an additional 1,459 shares during the last quarter. Illinois Municipal Retirement Fund raised its stake in Benchmark Electronics by 7.7% during the first quarter. Illinois Municipal Retirement Fund now owns 19,157 shares of the technology company's stock worth $1,074,000 after purchasing an additional 1,370 shares during the period. Hillsdale Investment Management Inc. purchased a new position in Benchmark Electronics during the first quarter worth about $4,740,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Benchmark Electronics by 15.6% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,494 shares of the technology company's stock worth $364,000 after purchasing an additional 875 shares during the period. Finally, Principal Financial Group Inc. raised its stake in Benchmark Electronics by 21.9% during the first quarter. Principal Financial Group Inc. now owns 207,365 shares of the technology company's stock worth $11,625,000 after purchasing an additional 37,316 shares during the period. 92.29% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on BHE shares. Needham & Company LLC boosted their price target on shares of Benchmark Electronics from $62.00 to $80.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Weiss Ratings restated a "hold (c)" rating on shares of Benchmark Electronics in a research report on Monday, April 20th. 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. Finally, Lake Street Capital restated a "buy" rating and set a $92.00 price target on shares of Benchmark Electronics in a research report on Thursday, April 30th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $86.00.
Check Out Our Latest Report on Benchmark Electronics
About Benchmark Electronics
(
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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.
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