Benchmark Electronics, Inc. $BHE Position Increased by Public Sector Pension Investment Board

Public Sector Pension Investment Board lifted its holdings in Benchmark Electronics, Inc. (NYSE:BHE - Free Report) by 27.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,140 shares of the technology company's stock after buying an additional 24,407 shares during the quarter. Public Sector Pension Investment Board owned 0.32% of Benchmark Electronics worth $4,341,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Linscomb Wealth Inc. purchased a new stake in shares of Benchmark Electronics in the first quarter valued at approximately $214,000. Nuveen LLC acquired a new position in Benchmark Electronics during the first quarter worth $6,746,000. New Age Alpha Advisors LLC acquired a new position in Benchmark Electronics during the first quarter worth $56,000. Picton Mahoney Asset Management raised its holdings in Benchmark Electronics by 100,677.8% during the first quarter. Picton Mahoney Asset Management now owns 27,210 shares of the technology company's stock worth $1,035,000 after purchasing an additional 27,183 shares during the last quarter. Finally, Knights of Columbus Asset Advisors LLC raised its holdings 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 last quarter. 92.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on BHE shares. Wall Street Zen cut Benchmark Electronics from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Needham & Company LLC dropped their target price 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. Finally, Lake Street Capital dropped their target price 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, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $46.50.

Benchmark Electronics Trading Up 5.2%

BHE stock traded up $2.0040 during trading on Friday, reaching $40.4040. 42,296 shares of the stock traded hands, compared to its average volume of 323,891. The business's 50 day moving average price is $39.07 and its 200-day moving average price is $38.31. Benchmark Electronics, Inc. has a 52-week low of $30.73 and a 52-week high of $52.57. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.36 and a quick ratio of 1.46. The firm has a market capitalization of $1.45 billion, a PE ratio of 38.45 and a beta of 0.99.

Benchmark Electronics (NYSE:BHE - Get Free Report) last issued its earnings results on Wednesday, July 30th. The technology company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.01. Benchmark Electronics had a return on equity of 6.08% and a net margin of 1.48%.The company had revenue of $642.34 million during the quarter, compared to the consensus estimate of $638.67 million. During the same quarter in the prior year, the business earned $0.57 earnings per share. The company'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 firm also recently declared a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Monday, June 30th were paid a $0.17 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.68 annualized dividend and a dividend yield of 1.7%. Benchmark Electronics's payout ratio is 64.76%.

Benchmark Electronics 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.