Benchmark Electronics (NYSE:BHE) Stock Acquired by Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros Jr. purchased $15,001–$50,000 of Benchmark Electronics stock on October 1, 2026, through a Bank of America trust account.
• Benchmark reported stronger-than-expected quarterly results, with EPS of $0.75 versus the $0.69 consensus and revenue of $755.98 million, up 17.7% year over year. The company issued third-quarter 2026 EPS guidance of $0.76–$0.82.
• Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $91; Benchmark also pays a $0.17 quarterly dividend, equal to a 0.9% annual yield.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Benchmark Electronics, Inc. (NYSE:BHE). In a filing disclosed on October 12th, the Representative disclosed that they had bought between $15,001 and $50,000 in Benchmark Electronics stock on October 1st. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Oxford Industries NYSE: OXM on 9/29/2026.
• Sold $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 9/29/2026.
• Sold $15,001 - $50,000 in shares of ITT NYSE: ITT on 9/29/2026.
• Sold $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of Cytokinetics NASDAQ: CYTK on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of Ultragenyx Pharmaceutical NASDAQ: RARE on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of YETI NYSE: YETI on 9/29/2026.
• Sold $1,001 - $15,000 in shares of AtriCure NASDAQ: ATRC on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of Alkermes NASDAQ: ALKS on 9/29/2026.

Benchmark Electronics Stock Performance

BHE opened at $78.85 on Wednesday. The company has a market cap of $2.83 billion, a PE ratio of 35.90, a price-to-earnings-growth ratio of 1.52 and a beta of 1.25. The stock has a 50-day moving average of $77.97 and a 200-day moving average of $78.79. Benchmark Electronics, Inc. has a 52-week low of $36.29 and a 52-week high of $100.41. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.31 and a current ratio of 1.99.

Benchmark Electronics (NYSE:BHE - Get Free Report) last posted its quarterly earnings data 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 return on equity of 7.28% and a net margin of 1.89%. The business had revenue of $755.98 million for the quarter, compared to analyst estimates of $720.00 million. During the same period in the previous year, the company posted $0.03 earnings per share. 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. As a group, equities research analysts forecast that Benchmark Electronics, Inc. will post 2.37 earnings per share for the current fiscal year.

Benchmark Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 13th. Shareholders of record on Wednesday, September 30th were given a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. Benchmark Electronics's payout ratio is currently 46.26%.

Hedge Funds Weigh In On Benchmark Electronics

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. boosted its holdings in shares of Benchmark Electronics by 69.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company's stock worth $26,000 after acquiring an additional 250 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of Benchmark Electronics in the second quarter valued at $64,000. Group One Trading LLC bought a new stake in shares of Benchmark Electronics during the 2nd quarter valued at $73,000. Global Retirement Partners LLC bought a new stake in shares of Benchmark Electronics during the 2nd quarter valued at $112,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Benchmark Electronics during the 2nd quarter worth about $113,000. Institutional investors own 92.29% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BHE shares. Zacks Research upgraded Benchmark Electronics to a "hold" rating in a research report on Monday, October 5th. Needham & Company LLC increased 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. Finally, Weiss Ratings raised Benchmark Electronics from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Benchmark Electronics has an average rating of "Moderate Buy" and an average target price of $91.00.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Benchmark Electronics Company Profile

Benchmark Electronics, Inc is a provider of integrated electronics manufacturing, engineering, and product lifecycle services. The company helps original equipment manufacturers design, develop, manufacture, test, and support complex products and systems across their lifecycles.

Its services include design and engineering, prototyping, printed circuit board assembly, systems integration, precision machining, testing, supply chain management, and aftermarket support. Benchmark serves customers in industries such as aerospace and defense, medical technology, advanced computing, complex industrial equipment, semiconductor capital equipment, and telecommunications.

Headquartered in Tempe, Arizona, Benchmark operates through a global network of engineering and manufacturing facilities serving customers in North America, Europe, and Asia.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.