Benchmark Electronics, Inc. $BHE Shares Bought by First Eagle Investment Management LLC

Key Points

• First Eagle Investment Management increased its Benchmark Electronics stake by 18.3% in the second quarter, adding 54,395 shares for a total of 350,964 shares valued at approximately $34.6 million. Institutional investors collectively own 92.29% of BHE.
• Analysts remain positive on the stock: Benchmark has an average “Buy” rating and a consensus price target of $91, while Needham raised its target to $90.
• Benchmark exceeded quarterly expectations with adjusted EPS of $0.75 versus a $0.69 consensus estimate 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.

First Eagle Investment Management LLC boosted its holdings in shares of Benchmark Electronics, Inc. (NYSE:BHE - Free Report) by 18.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 350,964 shares of the technology company's stock after buying an additional 54,395 shares during the quarter. First Eagle Investment Management LLC owned 0.98% of Benchmark Electronics worth $34,630,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in BHE. Rockefeller Capital Management L.P. increased its stake 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. Group One Trading LLC acquired a new stake in Benchmark Electronics during the 2nd quarter worth about $73,000. Kestra Advisory Services LLC acquired a new stake in Benchmark Electronics during the 4th quarter worth about $42,000. Global Retirement Partners LLC purchased a new position in shares of Benchmark Electronics during the 2nd quarter valued at about $112,000. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Benchmark Electronics during the 2nd quarter valued at about $113,000. 92.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BHE. Weiss Ratings upgraded Benchmark Electronics from a "hold (c)" rating to a "buy (b-)" rating in a research note on Friday, July 31st. Needham & Company LLC lifted their price target on Benchmark Electronics from $80.00 to $90.00 and gave the company a "buy" rating in a research report on Thursday, July 30th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Benchmark Electronics currently has an average rating of "Buy" and an average target price of $91.00.

Insider Activity at Benchmark Electronics

In related news, SVP Stephen Beaver sold 20,000 shares of the firm's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $86.25, for a total value of $1,725,000.00. Following the transaction, the senior vice president directly owned 75,020 shares of the company's stock, valued at approximately $6,470,475. This trade represents a 21.05% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.10% of the stock is owned by corporate insiders.

Benchmark Electronics Trading Up 0.2%

Shares of NYSE:BHE opened at $72.75 on Monday. The business's 50 day moving average price is $80.07 and its 200-day moving average price is $74.40. Benchmark Electronics, Inc. has a 1 year low of $35.91 and a 1 year high of $100.41. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 49.49 and a beta of 1.26. 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 issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.69 by $0.06. The company had revenue of $755.98 million during the quarter, compared to analyst estimates of $720.00 million. Benchmark Electronics had a net margin of 1.89% and a return on equity of 7.28%. The firm's revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.03 EPS. Benchmark Electronics has set its Q3 2026 guidance at 0.760-0.820 EPS.

Benchmark Electronics Profile

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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