Benchmark Electronics (NYSE:BHE) CEO Sells $1,094,625.00 in Stock

Benchmark Electronics, Inc. (NYSE:BHE) CEO David Moezidis sold 12,500 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $87.57, for a total value of $1,094,625.00. Following the sale, the chief executive officer owned 85,564 shares of the company’s stock, valued at approximately $7,492,839.48. This trade represents a 12.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Benchmark Electronics Stock Performance

BHE stock traded up $3.81 during trading on Tuesday, reaching $88.93. The stock had a trading volume of 634,343 shares, compared to its average volume of 365,123. The firm has a market cap of $3.19 billion, a PE ratio of 93.61 and a beta of 1.28. The company has a current ratio of 2.18, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18. The stock’s 50 day moving average is $68.14 and its two-hundred day moving average is $56.08. Benchmark Electronics, Inc. has a 52 week low of $34.44 and a 52 week high of $89.35.

Benchmark Electronics (NYSE:BHE) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. Benchmark Electronics had a net margin of 1.27% and a return on equity of 6.63%. The firm had revenue of $677.28 million during the quarter, compared to analyst estimates of $676.25 million. During the same quarter in the prior year, the firm earned $0.52 EPS. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 31st. Benchmark Electronics’s dividend payout ratio is currently 71.58%.

Hedge Funds Weigh In On Benchmark Electronics

Several large investors have recently added to or reduced their stakes in BHE. Rockefeller Capital Management L.P. increased its stake in shares of Benchmark Electronics by 69.6% in the fourth 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 in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of Benchmark Electronics during the 3rd quarter valued at $40,000. Kestra Advisory Services LLC purchased a new position in shares of Benchmark Electronics during the 4th quarter valued at $42,000. Clearstead Advisors LLC boosted its holdings in Benchmark Electronics by 246.8% in the 4th quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company’s stock worth $58,000 after buying an additional 970 shares during the period. Finally, Parkside Financial Bank & Trust increased its stake in Benchmark Electronics by 28.6% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company’s stock worth $62,000 after buying an additional 322 shares in the last quarter. Hedge funds and other institutional investors own 92.29% of the company’s stock.

Analysts Set New Price Targets

BHE has been the subject of a number of recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a research report on Monday, April 20th. Lake Street Capital reaffirmed a “buy” rating and issued a $92.00 target price on shares of Benchmark Electronics in a report on Thursday, April 30th. Needham & Company LLC lifted their target price on 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 Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.00.

Benchmark Electronics Company 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.