Key Points
- Benchmark Electronics CEO David Moezidis sold 12,500 shares on May 26 at an average price of $87.57, for total proceeds of about $1.09 million. After the sale, he still owned 85,564 shares, reducing his position by 12.75%.
- The stock has been trading near its 52-week high, opening at $88.93 after reaching a one-year range of $34.44 to $89.35. Benchmark also has a market cap of about $3.19 billion and a recent dividend yield of 0.8%.
- Recent operating results were solid, with quarterly EPS of $0.58 beating estimates and revenue rising 7.1% year over year to $677.28 million. Analysts remain broadly positive, with an average rating of Moderate Buy and an average target price of $86.00.
Benchmark Electronics, Inc. (NYSE:BHE - Get Free Report) CEO David Moezidis sold 12,500 shares of the business's stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $87.57, for a total transaction of $1,094,625.00. Following the completion of the transaction, the chief executive officer directly owned 85,564 shares of the company's stock, valued at approximately $7,492,839.48. This represents a 12.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Benchmark Electronics Stock Performance
NYSE:BHE opened at $88.93 on Wednesday. Benchmark Electronics, Inc. has a 1-year low of $34.44 and a 1-year high of $89.35. The firm has a 50 day simple moving average of $68.85 and a 200-day simple moving average of $56.37. The firm has a market cap of $3.19 billion, a PE ratio of 93.61 and a beta of 1.28. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.18 and a quick ratio of 1.42.
Benchmark Electronics (NYSE:BHE - Get Free Report) last released its earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share (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 firm 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 earned $0.52 earnings per share. Benchmark Electronics'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 business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Tuesday, March 31st were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, March 31st. Benchmark Electronics's payout ratio is presently 71.58%.
Institutional Investors Weigh In On Benchmark Electronics
Several institutional investors have recently bought and sold shares of BHE. Rockefeller Capital Management L.P. grew 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 worth $26,000 after buying an additional 250 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in Benchmark Electronics during the third quarter worth approximately $40,000. Kestra Advisory Services LLC purchased a new stake in Benchmark Electronics during the fourth quarter worth approximately $42,000. Clearstead Advisors LLC grew its stake in Benchmark Electronics by 246.8% during the fourth quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company's stock worth $58,000 after buying an additional 970 shares during the period. Finally, Parkside Financial Bank & Trust grew its stake in Benchmark Electronics by 28.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company's stock worth $62,000 after buying an additional 322 shares during the period. 92.29% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
BHE has been the subject of a number of recent analyst reports. Needham & Company LLC boosted their target price 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. Lake Street Capital restated a "buy" rating and issued a $92.00 target price on shares of Benchmark Electronics in a report on Thursday, April 30th. Weiss Ratings restated a "hold (c)" rating on shares of Benchmark Electronics in a report on Monday, April 20th. Finally, Wall Street Zen upgraded shares of Benchmark Electronics from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 28th. Two research 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, Benchmark Electronics currently has an average rating of "Moderate Buy" and an average target price of $86.00.
View Our Latest Stock 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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