Benchmark Electronics (NYSE:BHE) SVP Sells $478,300.00 in Stock

Benchmark Electronics, Inc. (NYSE:BHE) SVP Rhonda Turner sold 10,000 shares of Benchmark Electronics stock in a transaction on Friday, December 12th. The shares were sold at an average price of $47.83, for a total transaction of $478,300.00. Following the completion of the sale, the senior vice president directly owned 34,701 shares of the company’s stock, valued at approximately $1,659,748.83. The trade was a 22.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Benchmark Electronics Stock Down 2.4%

BHE traded down $1.13 during midday trading on Tuesday, reaching $46.07. 179,601 shares of the company were exchanged, compared to its average volume of 307,378. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 45.20 and a beta of 1.04. Benchmark Electronics, Inc. has a one year low of $30.73 and a one year high of $50.26. The company’s fifty day moving average price is $43.54 and its 200 day moving average price is $40.68. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.50 and a current ratio of 2.32.

Benchmark Electronics (NYSE:BHE) last released its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.05. Benchmark Electronics had a net margin of 1.43% and a return on equity of 6.15%. The company had revenue of $680.68 million for the quarter, compared to analyst estimates of $661.67 million. During the same period last year, the firm earned $0.57 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 13th. Stockholders of record on Wednesday, December 31st will be issued a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.68 annualized dividend and a dividend yield of 1.5%. Benchmark Electronics’s dividend payout ratio is currently 66.67%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Tudor Investment Corp ET AL bought a new stake in Benchmark Electronics in the 3rd quarter valued at about $645,000. Jacobs Levy Equity Management Inc. raised its position in shares of Benchmark Electronics by 15.3% in the third quarter. Jacobs Levy Equity Management Inc. now owns 22,582 shares of the technology company’s stock valued at $871,000 after purchasing an additional 2,995 shares during the period. Caxton Associates LLP lifted its stake in shares of Benchmark Electronics by 177.9% during the 3rd quarter. Caxton Associates LLP now owns 18,673 shares of the technology company’s stock valued at $720,000 after buying an additional 11,953 shares in the last quarter. Dark Forest Capital Management LP purchased a new stake in shares of Benchmark Electronics during the 3rd quarter valued at approximately $493,000. Finally, Susquehanna International Group LLP boosted its holdings in Benchmark Electronics by 43.8% in the 3rd quarter. Susquehanna International Group LLP now owns 63,431 shares of the technology company’s stock worth $2,445,000 after buying an additional 19,326 shares during the period. Institutional investors own 92.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Wall Street Zen raised Benchmark Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, October 8th. Finally, Lake Street Capital reissued a “buy” rating and issued a $51.00 price target on shares of Benchmark Electronics in a report on Wednesday, November 5th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $49.00.

About Benchmark Electronics

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.