111,946 Shares in Benchmark Electronics, Inc. $BHE Bought by Bank of America Corp DE

Key Points

• Bank of America purchased 111,946 shares of Benchmark Electronics in the second quarter, valued at approximately $11.05 million and representing about 0.31% of the company. Institutional investors collectively own 92.29% of BHE.
• Benchmark reported quarterly EPS of $0.75, exceeding the $0.69 consensus estimate, while revenue rose 17.7% year over year to $755.98 million. The company issued third-quarter 2026 EPS guidance of $0.76–$0.82.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and a $91 average price target versus the recent $82.66 share price. Benchmark also declared a quarterly dividend of $0.17 per share, yielding approximately 0.8% annually.

Bank of America Corp DE purchased a new position in shares of Benchmark Electronics, Inc. (NYSE:BHE - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 111,946 shares of the technology company's stock, valued at approximately $11,046,000. Bank of America Corp DE owned about 0.31% of Benchmark Electronics as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BHE. Rockefeller Capital Management L.P. increased its holdings in 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. Group One Trading LLC acquired a new stake in Benchmark Electronics in the second quarter valued at $73,000. Global Retirement Partners LLC bought a new position in shares of Benchmark Electronics in the 2nd quarter valued at about $112,000. Clearstead Advisors LLC grew its position in shares of Benchmark Electronics by 246.8% in 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 period. Finally, Cookson Peirce & Co. Inc. acquired a new position in shares of Benchmark Electronics during the 2nd quarter worth about $217,000. Institutional investors own 92.29% of the company's stock.

Benchmark Electronics Price Performance

NYSE:BHE opened at $82.66 on Friday. The company has a market cap of $2.97 billion, a P/E ratio of 56.23 and a beta of 1.26. The firm's fifty day moving average price is $77.40 and its two-hundred day moving average price is $76.29. Benchmark Electronics, Inc. has a one year low of $35.91 and a one year high of $100.41. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.99 and a quick ratio of 1.31.

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

Benchmark Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 13th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.17 per share. The ex-dividend date is Wednesday, September 30th. This represents a $0.68 annualized dividend and a yield of 0.8%. Benchmark Electronics's dividend payout ratio (DPR) is 46.26%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on BHE. Weiss Ratings cut shares of Benchmark Electronics from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, September 9th. Needham & Company LLC lifted 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. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Benchmark Electronics presently has a consensus rating of "Moderate Buy" and an average price target of $91.00.

About Benchmark Electronics

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.

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