Intech Investment Management LLC Buys 51,926 Shares of Benchmark Electronics, Inc. $BHE

Intech Investment Management LLC grew its stake in Benchmark Electronics, Inc. (NYSE:BHE) by 258.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,011 shares of the technology company’s stock after purchasing an additional 51,926 shares during the quarter. Intech Investment Management LLC’s holdings in Benchmark Electronics were worth $3,079,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Clearstead Advisors LLC raised its position in shares of Benchmark Electronics by 246.8% in the fourth quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company’s stock valued at $58,000 after purchasing an additional 970 shares during the period. Hantz Financial Services Inc. raised its position in shares of Benchmark Electronics by 4.8% in the fourth quarter. Hantz Financial Services Inc. now owns 56,227 shares of the technology company’s stock valued at $2,404,000 after purchasing an additional 2,566 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Benchmark Electronics by 21.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,794 shares of the technology company’s stock valued at $162,000 after purchasing an additional 670 shares during the period. ProShare Advisors LLC raised its position in shares of Benchmark Electronics by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 6,952 shares of the technology company’s stock valued at $297,000 after purchasing an additional 214 shares during the period. Finally, Integrated Investment Consultants LLC bought a new position in shares of Benchmark Electronics in the fourth quarter valued at about $238,000. 92.29% of the stock is owned by institutional investors.

Insider Activity

In other Benchmark Electronics news, Director David W. Scheible sold 22,989 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $85.00, for a total transaction of $1,954,065.00. Following the sale, the director directly owned 62,057 shares in the company, valued at $5,274,845. This represents a 27.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Rhonda R. Turner sold 6,600 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $85.14, for a total transaction of $561,924.00. Following the sale, the senior vice president owned 36,067 shares in the company, valued at $3,070,744.38. The trade was a 15.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 66,352 shares of company stock valued at $5,587,806. Corporate insiders own 1.10% of the company’s stock.

Benchmark Electronics Trading Up 3.5%

Shares of Benchmark Electronics stock opened at $88.01 on Wednesday. The company has a market capitalization of $3.16 billion, a price-to-earnings ratio of 92.64 and a beta of 1.26. The company has a quick ratio of 1.42, a current ratio of 2.18 and a debt-to-equity ratio of 0.18. Benchmark Electronics, Inc. has a 12-month low of $34.44 and a 12-month high of $89.40. The firm’s 50-day moving average price is $71.28 and its two-hundred day moving average price is $57.50.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings data 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 net margin of 1.27% and a return on equity of 6.63%. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.52 earnings per share. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were paid 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 was Tuesday, March 31st. Benchmark Electronics’s dividend payout ratio is presently 71.58%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BHE. Lake Street Capital restated a “buy” rating and issued a $92.00 price target on shares of Benchmark Electronics in a research note on Thursday, April 30th. Wall Street Zen upgraded shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Needham & Company LLC upped 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. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a research note on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.00.

Benchmark Electronics 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.