American Century Companies Inc. Has $47.64 Million Position in Benchmark Electronics, Inc. $BHE

Key Points

• American Century Companies Inc. increased its stake in Benchmark Electronics by 8.6%, acquiring an additional 99,401 shares during the first quarter, bringing its total ownership to 1,252,658 shares worth approximately $47.6 million.
• Benchmark Electronics' stock is down 1.7%, with a current share price of $38.94, and has a market cap of $1.40 billion.
• The company reported a quarterly earnings per share of $0.55, slightly exceeding analysts' expectations, but experienced a revenue decline of 3.6% year-over-year.

American Century Companies Inc. lifted its position in Benchmark Electronics, Inc. (NYSE:BHE - Free Report) by 8.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,252,658 shares of the technology company's stock after buying an additional 99,401 shares during the quarter. American Century Companies Inc. owned about 3.47% of Benchmark Electronics worth $47,639,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Mariner LLC grew its stake in shares of Benchmark Electronics by 2.4% in the fourth quarter. Mariner LLC now owns 14,846 shares of the technology company's stock valued at $676,000 after buying an additional 353 shares in the last quarter. Bank of Montreal Can boosted its position in Benchmark Electronics by 10.7% during the fourth quarter. Bank of Montreal Can now owns 5,100 shares of the technology company's stock worth $232,000 after purchasing an additional 495 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Benchmark Electronics by 3.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,308 shares of the technology company's stock worth $922,000 after purchasing an additional 709 shares during the period. LPL Financial LLC boosted its position in Benchmark Electronics by 8.3% during the fourth quarter. LPL Financial LLC now owns 15,067 shares of the technology company's stock worth $684,000 after purchasing an additional 1,156 shares during the period. Finally, Knights of Columbus Asset Advisors LLC boosted its position in Benchmark Electronics by 2.7% during the first quarter. Knights of Columbus Asset Advisors LLC now owns 49,940 shares of the technology company's stock worth $1,899,000 after purchasing an additional 1,319 shares during the period. 92.29% of the stock is owned by institutional investors.

Benchmark Electronics Price Performance

Shares of BHE stock traded up $2.2750 on Friday, reaching $40.6750. The company had a trading volume of 203,142 shares, compared to its average volume of 311,892. The stock has a market capitalization of $1.46 billion, a PE ratio of 38.74 and a beta of 0.99. The company has a quick ratio of 1.46, a current ratio of 2.36 and a debt-to-equity ratio of 0.18. Benchmark Electronics, Inc. has a one year low of $30.73 and a one year high of $52.57. The business's 50-day moving average is $39.14 and its 200 day moving average is $38.27.

Benchmark Electronics (NYSE:BHE - Get Free Report) last posted its earnings results on Wednesday, July 30th. The technology company reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.01. The firm had revenue of $642.34 million during the quarter, compared to analysts' expectations of $638.67 million. Benchmark Electronics had a net margin of 1.48% and a return on equity of 6.08%. The business's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.57 earnings per share. Benchmark Electronics has set its Q3 2025 guidance at 0.560-0.620 EPS.

Benchmark Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Monday, June 30th were paid a $0.17 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.68 annualized dividend and a dividend yield of 1.7%. Benchmark Electronics's dividend payout ratio is currently 64.76%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on BHE shares. Needham & Company LLC dropped their price target on Benchmark Electronics from $48.00 to $47.00 and set a "buy" rating for the company in a research note on Friday, August 1st. Wall Street Zen downgraded Benchmark Electronics from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. Finally, Lake Street Capital dropped their price target on Benchmark Electronics from $52.00 to $46.00 and set a "buy" rating for the company in a research note on Wednesday, April 30th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $46.50.

Benchmark Electronics Company Profile

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.