Benchmark Electronics, Inc. $BHE Shares Bought by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC raised its position in Benchmark Electronics, Inc. (NYSE:BHE) by 26.4% in the 3rd quarter, Holdings Channel reports. The fund owned 71,691 shares of the technology company’s stock after acquiring an additional 14,958 shares during the period. Wedge Capital Management L L P NC’s holdings in Benchmark Electronics were worth $2,764,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in BHE. Tower Research Capital LLC TRC raised its holdings in Benchmark Electronics by 215.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company’s stock worth $116,000 after purchasing an additional 2,048 shares in the last quarter. State of Wyoming purchased a new position in shares of Benchmark Electronics during the 2nd quarter worth approximately $137,000. GAMMA Investing LLC lifted its holdings in shares of Benchmark Electronics by 58.3% in the 2nd quarter. GAMMA Investing LLC now owns 3,609 shares of the technology company’s stock valued at $140,000 after buying an additional 1,329 shares during the period. Caxton Associates LLP purchased a new stake in shares of Benchmark Electronics in the first quarter valued at approximately $202,000. Finally, Hohimer Wealth Management LLC purchased a new stake in shares of Benchmark Electronics in the second quarter valued at approximately $203,000. 92.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Wall Street Zen upgraded Benchmark Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Lake Street Capital reiterated a “buy” rating and issued a $51.00 price objective on shares of Benchmark Electronics in a research note on Wednesday, November 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.00.

Benchmark Electronics Price Performance

Benchmark Electronics stock opened at $44.68 on Tuesday. The firm has a market capitalization of $1.59 billion, a PE ratio of 43.80 and a beta of 1.04. Benchmark Electronics, Inc. has a 52 week low of $30.73 and a 52 week high of $50.26. The firm’s 50-day simple moving average is $44.28 and its 200 day simple moving average is $40.95. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.19.

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

Benchmark Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 13th. Investors of record on Wednesday, December 31st will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Wednesday, December 31st. Benchmark Electronics’s dividend payout ratio (DPR) is currently 66.67%.

Insider Activity

In related news, SVP Rhonda R. Turner sold 10,000 shares of the firm’s stock in a transaction that occurred 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 sale, the senior vice president owned 34,701 shares in the company, valued at approximately $1,659,748.83. This trade represents a 22.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jan M. Janick sold 8,967 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $42.66, for a total value of $382,532.22. Following the completion of the transaction, the senior vice president owned 53,401 shares of the company’s stock, valued at $2,278,086.66. This trade represents a 14.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 48,967 shares of company stock worth $2,275,882. Company insiders own 2.20% of the company’s stock.

Benchmark Electronics Profile

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.