Benchmark Electronics (NYSE:BHE) Sets New 52-Week High – Here’s Why
by Teresa Graham · The Cerbat GemBenchmark Electronics, Inc. (NYSE:BHE – Get Free Report)’s stock price hit a new 52-week high on Monday . The stock traded as high as $69.81 and last traded at $69.24, with a volume of 339868 shares traded. The stock had previously closed at $69.52.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on BHE shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a report on Monday, April 20th. Wall Street Zen upgraded shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Lake Street Capital set a $62.00 price target on shares of Benchmark Electronics in a report on Wednesday, February 4th. Finally, Needham & Company LLC increased their price target on shares of Benchmark Electronics from $55.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $62.00.
View Our Latest Research Report on BHE
Benchmark Electronics Stock Down 1.1%
The firm has a market cap of $2.47 billion, a price-to-earnings ratio of 99.54 and a beta of 0.97. The business’s 50 day moving average price is $58.54 and its 200 day moving average price is $50.63. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.52 and a current ratio of 2.28.
Benchmark Electronics (NYSE:BHE – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.07. The business had revenue of $704.00 million for the quarter, compared to analysts’ expectations of $696.67 million. Benchmark Electronics had a net margin of 0.93% and a return on equity of 6.48%. The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the company earned $0.61 EPS. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.
Benchmark Electronics Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Tuesday, March 31st were paid a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. Benchmark Electronics’s dividend payout ratio (DPR) is currently 98.55%.
Insider Transactions at Benchmark Electronics
In related news, CEO Jeff Benck sold 834 shares of Benchmark Electronics stock in a transaction on Friday, February 13th. The shares were sold at an average price of $60.06, for a total value of $50,090.04. Following the sale, the chief executive officer owned 397,246 shares of the company’s stock, valued at approximately $23,858,594.76. This trade represents a 0.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 25,934 shares of company stock valued at $1,510,843. 2.20% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Benchmark Electronics
Institutional investors have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. grew its stake in Benchmark Electronics by 69.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock valued at $26,000 after acquiring an additional 250 shares during the period. Aster Capital Management DIFC Ltd acquired a new stake in Benchmark Electronics in the 3rd quarter valued at $40,000. Kestra Advisory Services LLC acquired a new stake in Benchmark Electronics in the 4th quarter valued at $42,000. Clearstead Advisors LLC grew its stake in Benchmark Electronics by 246.8% in the 4th quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company’s stock valued at $58,000 after acquiring an additional 970 shares during the period. Finally, Parkside Financial Bank & Trust grew 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 valued at $62,000 after acquiring an additional 322 shares during the period. Institutional investors and hedge funds own 92.29% of the company’s stock.
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.