Segall Bryant & Hamill LLC Buys New Stake in Benchmark Electronics, Inc. $BHE

Segall Bryant & Hamill LLC purchased a new stake in Benchmark Electronics, Inc. (NYSE:BHE) during the first quarter, according to its most recent filing with the SEC. The fund purchased 108,412 shares of the technology company’s stock, valued at approximately $6,078,000.

Several other hedge funds have also bought and sold shares of BHE. Franklin Resources Inc. grew its position in shares of Benchmark Electronics by 8.1% during the fourth quarter. Franklin Resources Inc. now owns 2,906,748 shares of the technology company’s stock valued at $124,293,000 after purchasing an additional 218,450 shares in the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Benchmark Electronics in the third quarter worth about $645,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Benchmark Electronics in the fourth quarter worth about $1,193,000. UBS Group AG increased its stake in Benchmark Electronics by 100.0% in the 4th quarter. UBS Group AG now owns 68,841 shares of the technology company’s stock worth $2,944,000 after acquiring an additional 34,415 shares during the last quarter. Finally, Louisiana State Employees Retirement System purchased a new stake in shares of Benchmark Electronics during the 1st quarter worth approximately $886,000. Hedge funds and other institutional investors own 92.29% of the company’s stock.

Benchmark Electronics Stock Up 1.8%

Shares of Benchmark Electronics stock opened at $81.22 on Tuesday. The company has a quick ratio of 1.31, a current ratio of 1.99 and a debt-to-equity ratio of 0.16. The company has a market cap of $2.92 billion, a P/E ratio of 55.26 and a beta of 1.28. The firm’s 50 day moving average price is $85.99 and its 200-day moving average price is $70.50. Benchmark Electronics, Inc. has a 52-week low of $35.91 and a 52-week high of $100.41.

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

Benchmark Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th were paid 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 payout ratio is presently 46.26%.

Insider Buying and Selling at Benchmark Electronics

In other news, SVP Stephen J. Beaver sold 20,000 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $86.25, for a total transaction of $1,725,000.00. Following the transaction, the senior vice president owned 75,020 shares in the company, valued at $6,470,475. This represents a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Rhonda R. Turner sold 6,600 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $85.14, for a total transaction of $561,924.00. Following the completion of the transaction, the senior vice president directly owned 36,067 shares of the company’s stock, 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. In the last three months, insiders have sold 86,352 shares of company stock valued at $7,312,806. Insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

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

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.