Man Group plc Acquires Shares of 109,394 Benchmark Electronics, Inc. $BHE

Man Group plc bought a new stake in Benchmark Electronics, Inc. (NYSE:BHE) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 109,394 shares of the technology company’s stock, valued at approximately $10,794,000.

Several other hedge funds have also made changes to their positions in the business. Rockefeller Capital Management L.P. grew its holdings in shares of Benchmark Electronics by 69.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock worth $26,000 after buying an additional 250 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Benchmark Electronics during the 4th quarter valued at approximately $42,000. Clearstead Advisors LLC raised its stake in Benchmark Electronics by 246.8% during 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 last quarter. Parkside Financial Bank & Trust lifted its position in 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 acquiring an additional 322 shares during the period. Finally, Group One Trading LLC purchased a new position in shares of Benchmark Electronics in the 2nd quarter valued at approximately $73,000. Institutional investors and hedge funds own 92.29% of the company’s stock.

Insider Activity at Benchmark Electronics

In related news, SVP Stephen J. Beaver sold 20,000 shares of Benchmark Electronics stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $86.25, for a total value of $1,725,000.00. Following the sale, the senior vice president directly owned 75,020 shares in the company, valued at $6,470,475. The trade was a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is owned by corporate insiders.

Benchmark Electronics Trading Down 3.2%

Shares of Benchmark Electronics stock opened at $71.30 on Friday. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 48.50 and a beta of 1.27. Benchmark Electronics, Inc. has a 52-week low of $35.91 and a 52-week high of $100.41. The company’s 50-day simple moving average is $82.26 and its 200-day simple moving average is $73.86. The company has a quick ratio of 1.31, a current ratio of 1.99 and a debt-to-equity ratio of 0.16.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings data 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 firm had revenue of $755.98 million during the quarter, compared to the consensus estimate of $720.00 million. During the same quarter last year, the firm earned $0.03 earnings per share. The firm’s revenue 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 announced 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. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Benchmark Electronics’s dividend payout ratio is 46.26%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on BHE shares. Weiss Ratings raised Benchmark Electronics from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, July 31st. Needham & Company LLC increased their price target on Benchmark Electronics from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus 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.