Key Points
- Benchmark Electronics SVP Stephen Beaver sold 20,000 shares on June 11 at an average price of $86.25, totaling $1.73 million. After the sale, he still held 75,020 shares, cutting his position by 21.05%.
- The stock rose 7.5% and opened at $89.05, near its 52-week high of $89.40. Benchmark now has a market cap of $3.19 billion and a high valuation at a P/E ratio of 93.74.
- Benchmark beat quarterly earnings and raised guidance, reporting $0.58 EPS versus $0.56 expected and revenue of $677.28 million, up 7.1% year over year. The company also set Q2 2026 guidance at $0.65 to $0.71 EPS and declared a quarterly dividend of $0.17 per share.
Benchmark Electronics, Inc. (NYSE:BHE - Get Free Report) SVP Stephen Beaver sold 20,000 shares of the firm's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $86.25, for a total value of $1,725,000.00. Following the completion of the transaction, the senior vice president owned 75,020 shares of the company's stock, valued at approximately $6,470,475. This represents a 21.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Benchmark Electronics Trading Up 7.5%
Shares of BHE stock opened at $89.05 on Friday. Benchmark Electronics, Inc. has a fifty-two week low of $34.44 and a fifty-two week high of $89.40. The stock has a market cap of $3.19 billion, a P/E ratio of 93.74 and a beta of 1.26. The business has a fifty day simple moving average of $76.12 and a 200-day simple moving average of $59.96. 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 quarterly earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The business had revenue of $677.28 million during the quarter, compared to analysts' expectations of $676.25 million. During the same quarter last year, the business posted $0.52 earnings per share. The business's revenue for the quarter was up 7.1% on a year-over-year basis. 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 will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. Benchmark Electronics's dividend payout ratio is presently 71.58%.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in BHE. Rockefeller Capital Management L.P. lifted its stake in shares of Benchmark Electronics by 69.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company's stock worth $26,000 after purchasing an additional 250 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in shares of Benchmark Electronics during the 3rd quarter worth $40,000. Kestra Advisory Services LLC purchased a new position in shares of Benchmark Electronics during the 4th quarter worth $42,000. Clearstead Advisors LLC grew its holdings in Benchmark Electronics by 246.8% in the fourth quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company's stock valued at $58,000 after purchasing an additional 970 shares during the period. Finally, Parkside Financial Bank & Trust increased its position 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 purchasing an additional 322 shares during the last quarter. Hedge funds and other institutional investors own 92.29% of the company's stock.
Analyst Upgrades and Downgrades
BHE has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Benchmark Electronics in a research note on Monday, April 20th. 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. Needham & Company LLC boosted their price objective on shares of Benchmark Electronics from $62.00 to $80.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Finally, Wall Street Zen raised shares of Benchmark Electronics from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 28th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $86.00.
Get Our Latest Analysis on BHE
Benchmark Electronics Company Profile
(
Get Free Report)
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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