Empowered Funds LLC Has $9.42 Million Stake in Benchmark Electronics, Inc. $BHE

Empowered Funds LLC lifted its stake in Benchmark Electronics, Inc. (NYSE:BHE) by 5.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 168,067 shares of the technology company’s stock after acquiring an additional 7,956 shares during the period. Empowered Funds LLC owned 0.47% of Benchmark Electronics worth $9,422,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Segall Bryant & Hamill LLC bought a new stake in Benchmark Electronics during the first quarter worth approximately $6,078,000. Bank of America Corp DE raised its position in shares of Benchmark Electronics by 49.5% in the first quarter. Bank of America Corp DE now owns 88,731 shares of the technology company’s stock valued at $4,974,000 after purchasing an additional 29,381 shares during the period. Amundi acquired a new stake in shares of Benchmark Electronics in the first quarter worth $678,000. California State Teachers Retirement System lifted its stake in shares of Benchmark Electronics by 25.0% in the first quarter. California State Teachers Retirement System now owns 41,638 shares of the technology company’s stock worth $2,334,000 after buying an additional 8,322 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Benchmark Electronics by 3.3% in the first quarter. The Manufacturers Life Insurance Company now owns 15,943 shares of the technology company’s stock worth $894,000 after buying an additional 507 shares during the last quarter. 92.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Benchmark Electronics

In other Benchmark Electronics news, Director Kenneth T. Lamneck sold 24,263 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $81.49, for a total value of $1,977,191.87. Following the completion of the sale, the director directly owned 47,418 shares of the company’s stock, valued at $3,864,092.82. This represents a 33.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO David Moezidis sold 12,500 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 85,564 shares of the company’s stock, valued at $7,492,839.48. This represents a 12.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 86,352 shares of company stock worth $7,312,806. 1.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on BHE. Needham & Company LLC raised their target price on shares of Benchmark Electronics from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday. Lake Street Capital reissued a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a research report on Thursday, April 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Benchmark Electronics has an average rating of “Moderate Buy” and an average target price of $91.00.

Trending Headlines about Benchmark Electronics

Here are the key news stories impacting Benchmark Electronics this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Benchmark reported $756 million in revenue, up 18% year over year. Non-GAAP EPS was $0.75, ahead of the $0.69 consensus estimate, while GAAP EPS was $0.55. Non-GAAP earnings increased 36% from the prior-year quarter, supporting the positive investor reaction. Benchmark Reports Strong Second Quarter Results
• Positive Sentiment: Third-quarter guidance came in above analyst forecasts. Management forecast adjusted EPS of $0.76 to $0.82, compared with the $0.72 consensus estimate, and revenue of $755 million to $795 million, versus expectations of approximately $744.3 million. The guidance suggests continued operating momentum. Benchmark Reports Strong Q2 Results
• Positive Sentiment: Analyst sentiment improved. Needham raised its price target from $80 to $90 and maintained a “Buy” rating, implying additional upside based on the referenced price. The target increase reinforces confidence in Benchmark’s earnings trajectory. Benzinga analyst action
• Neutral Sentiment: Cash generation was positive but modest relative to sales. Benchmark produced $35 million of operating cash flow and $22 million of free cash flow during the quarter. Investors will likely monitor whether cash generation accelerates alongside the company’s revenue and earnings growth. Benchmark Q2 Earnings Snapshot

Benchmark Electronics Stock Performance

Shares of NYSE BHE opened at $78.74 on Friday. The company has a quick ratio of 1.42, a current ratio of 2.18 and a debt-to-equity ratio of 0.18. The business’s 50 day moving average is $86.17 and its two-hundred day moving average is $70.03. The company has a market cap of $2.83 billion, a P/E ratio of 53.57 and a beta of 1.24. Benchmark Electronics, Inc. has a 12 month low of $34.44 and a 12 month high of $100.41.

Benchmark Electronics (NYSE:BHE) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.06. Benchmark Electronics had a return on equity of 7.31% and a net margin of 1.89%.The company had revenue of $755.98 million during the quarter, compared to analysts’ expectations of $720.00 million. During the same period in the prior year, the business earned $0.03 earnings per share. Benchmark Electronics’s revenue for the quarter was up 17.7% compared to the same quarter last year. Benchmark Electronics has set its Q3 2026 guidance at 0.760-0.820 EPS.

Benchmark Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, June 30th. Benchmark Electronics’s dividend payout ratio is presently 71.58%.

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.