Benchmark Electronics, Inc. $BHE Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd reduced its position in shares of Benchmark Electronics, Inc. (NYSE:BHEFree Report) by 49.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,036 shares of the technology company’s stock after selling 16,845 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Benchmark Electronics were worth $955,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rockefeller Capital Management L.P. increased its holdings in Benchmark Electronics by 69.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock valued at $26,000 after buying an additional 250 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Benchmark Electronics during the 4th quarter worth about $42,000. Clearstead Advisors LLC lifted its holdings in Benchmark Electronics by 246.8% during 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 last quarter. Parkside Financial Bank & Trust boosted its position in shares of Benchmark Electronics by 28.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company’s stock worth $62,000 after acquiring an additional 322 shares in the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Benchmark Electronics during the 4th quarter worth about $79,000. Institutional investors and hedge funds own 92.29% of the company’s stock.

Benchmark Electronics Stock Down 0.2%

Benchmark Electronics stock opened at $84.93 on Monday. The company has a market capitalization of $3.05 billion, a P/E ratio of 89.40 and a beta of 1.24. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.42 and a current ratio of 2.18. Benchmark Electronics, Inc. has a fifty-two week low of $34.44 and a fifty-two week high of $100.41. The stock has a 50-day simple moving average of $87.28 and a 200-day simple moving average of $66.47.

Benchmark Electronics (NYSE:BHEGet Free Report) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $677.28 million for the quarter, compared to the consensus estimate of $676.25 million. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 EPS. 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, July 10th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.8%. Benchmark Electronics’s dividend payout ratio (DPR) is 71.58%.

Insiders Place Their Bets

In related news, SVP Stephen J. Beaver sold 20,000 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $86.25, for a total value of $1,725,000.00. Following the completion of the sale, the senior vice president owned 75,020 shares in the company, valued at $6,470,475. This represents a 21.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kenneth T. Lamneck sold 24,263 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $81.49, for a total transaction of $1,977,191.87. Following the completion of the sale, the director owned 47,418 shares of the company’s stock, valued at approximately $3,864,092.82. This trade represents a 33.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 86,352 shares of company stock worth $7,312,806. Corporate insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on BHE shares. 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 price target on shares of Benchmark Electronics in a report on Thursday, April 30th. Finally, Needham & Company LLC increased their price target on shares of Benchmark Electronics from $62.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $86.00.

Read Our Latest Report on BHE

Benchmark Electronics Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Benchmark Electronics (NYSE:BHE)

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