B. Metzler seel. Sohn & Co. AG Boosts Stock Holdings in Benchmark Electronics, Inc. $BHE

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in Benchmark Electronics, Inc. by 126.1% during the first quarter, now owning approximately 27,769 shares valued at $1,056,000.
• Benchmark Electronics recently reported Q2 earnings with an EPS of $0.55, exceeding estimates, but revenues fell by 3.6% compared to the previous year.
• The company announced a quarterly dividend of $0.17, representing an annualized payout ratio of 64.76% and a dividend yield of 1.7%.

B. Metzler seel. Sohn & Co. AG grew its stake in Benchmark Electronics, Inc. (NYSE:BHE - Free Report) by 126.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,769 shares of the technology company's stock after buying an additional 15,485 shares during the period. B. Metzler seel. Sohn & Co. AG owned 0.08% of Benchmark Electronics worth $1,056,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Nuveen LLC acquired a new stake in Benchmark Electronics during the 1st quarter valued at approximately $6,746,000. Kovitz Investment Group Partners LLC increased its position in Benchmark Electronics by 520.4% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 197,280 shares of the technology company's stock valued at $7,503,000 after purchasing an additional 165,482 shares during the period. Millennium Management LLC increased its position in Benchmark Electronics by 90.4% during the 4th quarter. Millennium Management LLC now owns 336,466 shares of the technology company's stock valued at $15,276,000 after purchasing an additional 159,769 shares during the period. Peregrine Capital Management LLC acquired a new stake in Benchmark Electronics during the 1st quarter valued at approximately $4,859,000. Finally, Allianz Asset Management GmbH grew its holdings in Benchmark Electronics by 35.5% during the 1st quarter. Allianz Asset Management GmbH now owns 423,405 shares of the technology company's stock worth $16,102,000 after acquiring an additional 111,022 shares during the period. Institutional investors and hedge funds own 92.29% of the company's stock.

Benchmark Electronics Stock Up 2.1%

NYSE BHE traded up $0.81 during mid-day trading on Thursday, hitting $39.97. The company's stock had a trading volume of 88,935 shares, compared to its average volume of 318,514. The company's 50 day simple moving average is $39.56 and its 200 day simple moving average is $38.23. Benchmark Electronics, Inc. has a twelve month low of $30.73 and a twelve month high of $52.57. The company has a current ratio of 2.36, a quick ratio of 1.46 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 38.07 and a beta of 1.05.

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

Benchmark Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Monday, June 30th were paid a dividend of $0.17 per share. The ex-dividend date was Monday, June 30th. This represents a $0.68 dividend on an annualized basis and a yield of 1.7%. Benchmark Electronics's payout ratio is 64.76%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Wall Street Zen downgraded Benchmark Electronics from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Needham & Company LLC reduced their price objective on shares of Benchmark Electronics from $48.00 to $47.00 and set a "buy" rating for the company in a research report on Friday, August 1st. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $46.50.

About Benchmark Electronics

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.