Benchmark Electronics, Inc. $BHE Shares Acquired by Sei Investments Co.

Sei Investments Co. increased its stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 6.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 122,502 shares of the technology company’s stock after buying an additional 7,303 shares during the quarter. Sei Investments Co. owned about 0.34% of Benchmark Electronics worth $6,867,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in Benchmark Electronics by 30.2% in the 1st quarter. Royal Bank of Canada now owns 14,420 shares of the technology company’s stock worth $548,000 after buying an additional 3,341 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Benchmark Electronics by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,239 shares of the technology company’s stock worth $808,000 after acquiring an additional 931 shares during the period. Caxton Associates LLP bought a new position in shares of Benchmark Electronics in the first quarter worth $202,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Benchmark Electronics by 12.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,673 shares of the technology company’s stock worth $3,981,000 after purchasing an additional 11,369 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Benchmark Electronics by 99.8% during the first quarter. Jane Street Group LLC now owns 107,802 shares of the technology company’s stock valued at $4,100,000 after purchasing an additional 53,840 shares during the period. 92.29% of the stock is currently owned by institutional investors.

Benchmark Electronics Stock Performance

BHE opened at $81.22 on Tuesday. The business has a 50 day moving average price of $85.99 and a two-hundred day moving average price of $70.50. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.99 and a quick ratio of 1.31. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of 55.26 and a beta of 1.28. Benchmark Electronics, Inc. has a 1-year low of $35.91 and a 1-year high of $100.41.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.06. Benchmark Electronics had a return on equity of 7.28% and a net margin of 1.89%.The company had revenue of $755.98 million for the quarter, compared to analysts’ expectations of $720.00 million. During the same period last year, the firm earned $0.03 EPS. The firm’s revenue for the quarter was up 17.7% on a year-over-year basis. Benchmark Electronics has set its Q3 2026 guidance at 0.760-0.820 EPS.

Benchmark Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th 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, June 30th. Benchmark Electronics’s payout ratio is presently 46.26%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BHE. Needham & Company LLC lifted their price objective on shares of Benchmark Electronics from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings upgraded shares of Benchmark Electronics from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday. Finally, Lake Street Capital reissued a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a research note on Thursday, April 30th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $91.00.

Insider Transactions at Benchmark Electronics

In other news, CEO David Moezidis sold 12,500 shares of Benchmark Electronics stock in a transaction that occurred 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 transaction, the chief executive officer owned 85,564 shares of the company’s stock, valued at $7,492,839.48. The trade was a 12.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Kenneth T. Lamneck sold 24,263 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was 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 in the company, valued at $3,864,092.82. The trade was a 33.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 86,352 shares of company stock valued at $7,312,806 in the last quarter. 1.10% of the stock is owned by company insiders.

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.