Key Points
- Director David Scheible sold 22,989 shares of Benchmark Electronics on May 13 at an average price of $85, totaling about $1.95 million. After the sale, he still held 62,057 shares, but his ownership fell by 27.03%.
- Benchmark Electronics reported solid quarterly results, with EPS of $0.58 beating estimates by $0.02 and revenue of $677.28 million slightly above expectations. Revenue rose 7.1% year over year, and the company guided Q2 2026 EPS to $0.65-$0.71.
- Analyst sentiment remains moderately positive, with two Buy ratings, one Hold, and a consensus price target of $86. Lake Street Capital kept a $92 target, while Needham raised its target to $80.
Benchmark Electronics, Inc. (NYSE:BHE - Get Free Report) Director David Scheible sold 22,989 shares of the firm's stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $85.00, for a total transaction of $1,954,065.00. Following the completion of the transaction, the director owned 62,057 shares of the company's stock, valued at $5,274,845. This trade represents a 27.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Benchmark Electronics Price Performance
BHE stock opened at $85.07 on Friday. The company has a current ratio of 2.18, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18. Benchmark Electronics, Inc. has a 12 month low of $34.44 and a 12 month high of $87.73. The firm has a market capitalization of $3.05 billion, a P/E ratio of 89.55 and a beta of 1.28. The firm has a 50 day moving average of $64.64 and a 200-day moving average of $54.31.
Benchmark Electronics (NYSE:BHE - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping 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 company had revenue of $677.28 million during the quarter, compared to the consensus estimate of $676.25 million. During the same period in the previous year, the firm posted $0.52 EPS. The firm'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 firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Tuesday, March 31st. Benchmark Electronics's payout ratio is presently 71.58%.
Institutional Trading of Benchmark Electronics
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Rockefeller Capital Management L.P. raised its stake in Benchmark Electronics by 69.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company's stock valued at $26,000 after buying an additional 250 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of Benchmark Electronics in the 3rd quarter worth approximately $40,000. Kestra Advisory Services LLC bought a new position in shares of Benchmark Electronics in the 4th quarter worth approximately $42,000. Clearstead Advisors LLC lifted its stake in shares of Benchmark Electronics by 246.8% in the 4th quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company's stock worth $58,000 after purchasing an additional 970 shares during the period. Finally, Parkside Financial Bank & Trust lifted its stake in shares of Benchmark Electronics by 28.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company's stock worth $62,000 after purchasing an additional 322 shares during the period. Hedge funds and other institutional investors own 92.29% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts recently commented on the stock. Lake Street Capital reiterated a "buy" rating and set a $92.00 price target on shares of Benchmark Electronics in a report on Thursday, April 30th. Wall Street Zen upgraded shares of Benchmark Electronics from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 28th. Weiss Ratings reiterated a "hold (c)" rating on shares of Benchmark Electronics in a report on Monday, April 20th. Finally, Needham & Company LLC upped their price target on shares of Benchmark Electronics from $62.00 to $80.00 and gave the company a "buy" rating in a 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $86.00.
Read Our Latest Research Report on BHE
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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