WINTON GROUP Ltd Sells 8,808 Shares of Benchmark Electronics, Inc. $BHE

WINTON GROUP Ltd lowered its holdings in Benchmark Electronics, Inc. (NYSE:BHE) by 34.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,957 shares of the technology company’s stock after selling 8,808 shares during the quarter. WINTON GROUP Ltd’s holdings in Benchmark Electronics were worth $1,673,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Franklin Resources Inc. increased 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 worth $124,293,000 after acquiring an additional 218,450 shares in the last quarter. UBS Group AG lifted its position in Benchmark Electronics by 100.0% in the 4th quarter. UBS Group AG now owns 68,841 shares of the technology company’s stock valued at $2,944,000 after acquiring an additional 34,415 shares in the last quarter. Deutsche Bank AG acquired a new position in Benchmark Electronics during the 2nd quarter valued at about $9,589,000. First Eagle Investment Management LLC boosted its stake in Benchmark Electronics by 18.3% during the 2nd quarter. First Eagle Investment Management LLC now owns 350,964 shares of the technology company’s stock valued at $34,630,000 after purchasing an additional 54,395 shares during the last quarter. Finally, Hillsdale Investment Management Inc. bought a new stake in Benchmark Electronics during the 1st quarter worth approximately $4,740,000. Institutional investors own 92.29% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on BHE. Weiss Ratings downgraded Benchmark Electronics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Needham & Company LLC increased their price target on Benchmark Electronics from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $91.00.

Benchmark Electronics Stock Up 5.1%

Benchmark Electronics stock opened at $77.76 on Friday. Benchmark Electronics, Inc. has a twelve month low of $35.91 and a twelve month high of $100.41. The firm has a 50 day moving average price of $78.28 and a 200-day moving average price of $74.87. The company has a market capitalization of $2.79 billion, a P/E ratio of 52.90 and a beta of 1.26. 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 posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.75 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $720.00 million. During the same quarter in the previous year, the firm posted $0.03 EPS. Benchmark Electronics’s revenue 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 declared a quarterly dividend, which will be paid on Tuesday, October 13th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, September 30th. Benchmark Electronics’s dividend payout ratio is currently 46.26%.

Benchmark Electronics Company Profile

Benchmark Electronics, Inc (NYSE:BHE) provides engineering, manufacturing and technology solutions for original equipment manufacturers (OEMs). The company supports customers across the product life cycle, from design and prototyping to production, testing, supply-chain management, systems integration and aftermarket services.

Its capabilities include printed circuit board assembly, precision machining, advanced manufacturing, engineering design, product testing and integrated systems production.