Benchmark Electronics (NYSE:BHE) Hits New 52-Week High - Here's What Happened

Key Points

• Benchmark hit a new 52-week high, trading as high as $61.34 (last $60.94) on Wednesday; analysts have raised price targets (Needham, Lake Street at $62) and the consensus rating is a "Moderate Buy."
• The company beat quarterly expectations with EPS of $0.71 versus $0.64 and revenue of $704.0M versus $696.7M (revenue +7.2% YoY), and set Q1 2026 guidance of $0.530–$0.590 EPS.
• Benchmark announced a quarterly dividend of $0.17 per share (annualized $0.68) with a yield of about 1.1%, though the payout ratio is high at 98.55%.

Benchmark Electronics, Inc. (NYSE:BHE - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $61.34 and last traded at $60.9350, with a volume of 103530 shares. The stock had previously closed at $57.03.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Needham & Company LLC increased their price objective on shares of Benchmark Electronics from $55.00 to $62.00 and gave the company a "buy" rating in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Benchmark Electronics in a report on Wednesday, January 21st. Lake Street Capital set a $62.00 price target on Benchmark Electronics in a research note on Wednesday, February 4th. Finally, Wall Street Zen upgraded Benchmark Electronics from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 28th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Benchmark Electronics presently has a consensus rating of "Moderate Buy" and a consensus target price of $62.00.

Benchmark Electronics Price Performance

The company has a 50 day moving average of $56.29 and a 200 day moving average of $48.26. The company has a current ratio of 2.28, a quick ratio of 1.52 and a debt-to-equity ratio of 0.19. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 88.35 and a beta of 0.97.

Benchmark Electronics (NYSE:BHE - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The technology company reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.07. The firm had revenue of $704.00 million during the quarter, compared to analysts' expectations of $696.67 million. Benchmark Electronics had a return on equity of 6.48% and a net margin of 0.93%.The company's revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.61 earnings per share. Benchmark Electronics has set its Q1 2026 guidance at 0.530-0.590 EPS.

Benchmark Electronics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, March 31st. Benchmark Electronics's dividend payout ratio is 98.55%.

Insider Activity at Benchmark Electronics

In other news, CEO Jeff Benck sold 834 shares of the company's stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $60.06, for a total transaction of $50,090.04. Following the completion of the transaction, the chief executive officer directly owned 397,246 shares of the company's stock, valued at $23,858,594.76. This represents a 0.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 40,934 shares of company stock valued at $2,264,419 in the last 90 days. Insiders own 2.20% of the company's stock.

Institutional Investors Weigh In On Benchmark Electronics

A number of hedge funds and other institutional investors have recently bought and sold shares of BHE. American Century Companies Inc. raised its holdings in shares of Benchmark Electronics by 2.3% in the third quarter. American Century Companies Inc. now owns 1,328,183 shares of the technology company's stock valued at $51,201,000 after purchasing an additional 29,923 shares during the last quarter. First National Bank of Omaha acquired a new position in Benchmark Electronics during the third quarter worth $529,000. Advisors Preferred LLC acquired a new position in Benchmark Electronics during the third quarter worth $1,170,000. Tributary Capital Management LLC grew its position in Benchmark Electronics by 92.5% in the third quarter. Tributary Capital Management LLC now owns 879,486 shares of the technology company's stock valued at $33,904,000 after purchasing an additional 422,608 shares in the last quarter. Finally, SummerHaven Investment Management LLC acquired a new stake in Benchmark Electronics in the 3rd quarter valued at $812,000. Institutional investors and hedge funds own 92.29% of the company's stock.

About Benchmark Electronics

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.

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