Benchmark Electronics (NYSE:BHE) Reaches New 12-Month High – Should You Buy?

Benchmark Electronics, Inc. (NYSE:BHE)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $61.34 and last traded at $60.9350, with a volume of 103530 shares. The stock had previously closed at $57.03.

Analyst Ratings Changes

BHE has been the topic of a number of recent research reports. Needham & Company LLC lifted their target price on Benchmark Electronics from $55.00 to $62.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Wall Street Zen upgraded Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Lake Street Capital set a $62.00 price target on Benchmark Electronics in a research report on Wednesday, February 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Benchmark Electronics currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.

Benchmark Electronics Stock Up 6.9%

The company has a market capitalization of $2.17 billion, a price-to-earnings ratio of 88.35 and a beta of 0.97. The firm’s 50 day moving average price is $56.29 and its two-hundred day moving average price is $48.26. The company has a current ratio of 2.28, a quick ratio of 1.52 and a debt-to-equity ratio of 0.19.

Benchmark Electronics (NYSE:BHE) last issued its earnings results on Tuesday, February 3rd. The technology company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.07. Benchmark Electronics had a net margin of 0.93% and a return on equity of 6.48%. The business had revenue of $704.00 million during the quarter, compared to the consensus estimate of $696.67 million. During the same period last year, the business posted $0.61 EPS. Benchmark Electronics’s revenue was up 7.2% on a year-over-year basis. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.

Benchmark Electronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Benchmark Electronics’s dividend payout ratio (DPR) is presently 98.55%.

Insider Activity at Benchmark Electronics

In other news, CEO Jeff Benck sold 25,000 shares of Benchmark Electronics stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $58.19, for a total transaction of $1,454,750.00. Following the completion of the transaction, the chief executive officer directly owned 398,180 shares in the company, valued at approximately $23,170,094.20. The trade was a 5.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders sold 40,934 shares of company stock worth $2,264,419. Insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Benchmark Electronics

Several hedge funds have recently added to or reduced their stakes in BHE. ProShare Advisors LLC boosted its position in Benchmark Electronics by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 6,952 shares of the technology company’s stock worth $297,000 after purchasing an additional 214 shares during the period. Crossmark Global Holdings Inc. raised its position in shares of Benchmark Electronics by 3.3% in the fourth quarter. Crossmark Global Holdings Inc. now owns 7,158 shares of the technology company’s stock valued at $306,000 after purchasing an additional 228 shares during the period. Rockefeller Capital Management L.P. raised its position 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 valued at $26,000 after purchasing an additional 250 shares during the period. Parkside Financial Bank & Trust lifted its stake 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 buying an additional 322 shares during the last quarter. Finally, Heritage Family Offices LLP boosted its holdings in shares of Benchmark Electronics by 5.7% during the 3rd quarter. Heritage Family Offices LLP now owns 6,241 shares of the technology company’s stock worth $241,000 after buying an additional 334 shares during the period. Institutional investors and hedge funds own 92.29% of the company’s stock.

About Benchmark Electronics

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.