Knights of Columbus Asset Advisors LLC Has $1.90 Million Stock Position in Benchmark Electronics, Inc. $BHE

Knights of Columbus Asset Advisors LLC reduced its position in Benchmark Electronics, Inc. (NYSE:BHE) by 2.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 48,839 shares of the technology company’s stock after selling 1,101 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Benchmark Electronics were worth $1,896,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. New Age Alpha Advisors LLC bought a new position in Benchmark Electronics in the 1st quarter valued at about $56,000. GAMMA Investing LLC lifted its position in Benchmark Electronics by 58.3% during the second quarter. GAMMA Investing LLC now owns 3,609 shares of the technology company’s stock worth $140,000 after acquiring an additional 1,329 shares during the last quarter. Caxton Associates LLP acquired a new stake in Benchmark Electronics during the first quarter worth approximately $202,000. Linscomb Wealth Inc. acquired a new stake in Benchmark Electronics during the first quarter worth approximately $214,000. Finally, Dynamic Technology Lab Private Ltd lifted its position in Benchmark Electronics by 6.2% during the first quarter. Dynamic Technology Lab Private Ltd now owns 11,170 shares of the technology company’s stock worth $425,000 after acquiring an additional 650 shares during the last quarter. 92.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on BHE shares. Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a research report on Saturday, September 27th. Wall Street Zen downgraded shares of Benchmark Electronics from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Finally, Needham & Company LLC cut their price objective on shares of Benchmark Electronics from $48.00 to $47.00 and set a “buy” rating for the company in a research report on Friday, August 1st. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $46.50.

Benchmark Electronics Stock Up 1.3%

NYSE BHE opened at $38.63 on Tuesday. The company has a current ratio of 2.36, a quick ratio of 1.46 and a debt-to-equity ratio of 0.18. Benchmark Electronics, Inc. has a 1-year low of $30.73 and a 1-year high of $52.57. The company has a 50 day moving average of $39.46 and a 200-day moving average of $38.12. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 36.79 and a beta of 1.06.

Benchmark Electronics (NYSE:BHE) last released its quarterly earnings results on Wednesday, July 30th. The technology company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. Benchmark Electronics had a net margin of 1.48% and a return on equity of 6.08%. The company had revenue of $642.34 million during the quarter, compared to the consensus estimate of $638.67 million. During the same period in the previous year, the business earned $0.57 earnings per share. The firm’s quarterly revenue was down 3.6% on a year-over-year basis. Benchmark Electronics has set its Q3 2025 guidance at 0.560-0.620 EPS.

Benchmark Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 13th. Stockholders of record on Tuesday, September 30th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Tuesday, September 30th. Benchmark Electronics’s payout ratio is presently 64.76%.

Insider Buying and Selling at Benchmark Electronics

In related news, SVP Jan M. Janick sold 10,004 shares of Benchmark Electronics stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $40.50, for a total value of $405,162.00. Following the transaction, the senior vice president directly owned 62,368 shares of the company’s stock, valued at $2,525,904. This trade represents a 13.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 2.20% of the company’s stock.

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.