Deutsche Bank AG Purchases Shares of 97,185 Benchmark Electronics, Inc. $BHE

Key Points

• Deutsche Bank acquired 97,185 shares of Benchmark Electronics in the second quarter, worth approximately $9.6 million and representing about 0.27% of the company. Institutional investors collectively own 92.29% of the stock.
• 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 EPS guidance of $0.76–$0.82.
• Analysts maintain a consensus “Buy” rating with a $91 price target, compared with the reported share price of $72.46. Benchmark also pays a $0.17 quarterly dividend, equating to a 0.9% yield.

Deutsche Bank AG acquired a new position in shares of Benchmark Electronics, Inc. (NYSE:BHE - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 97,185 shares of the technology company's stock, valued at approximately $9,589,000. Deutsche Bank AG owned about 0.27% of Benchmark Electronics at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. ProShare Advisors LLC increased its position in Benchmark Electronics by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 6,952 shares of the technology company's stock worth $297,000 after buying an additional 214 shares in the last quarter. Pictet Asset Management Holding SA increased its position in Benchmark Electronics by 4.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 5,097 shares of the technology company's stock worth $286,000 after purchasing an additional 226 shares in the last quarter. Crossmark Global Holdings Inc. raised its stake in Benchmark Electronics by 3.3% in the 4th quarter. Crossmark Global Holdings Inc. now owns 7,158 shares of the technology company's stock valued at $306,000 after purchasing an additional 228 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Benchmark Electronics by 69.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company's stock valued at $26,000 after purchasing an additional 250 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in shares of Benchmark Electronics by 28.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company's stock worth $62,000 after purchasing an additional 322 shares during the last quarter. Institutional investors and hedge funds own 92.29% of the company's stock.

Benchmark Electronics Price Performance

Shares of Benchmark Electronics stock opened at $72.46 on Monday. The business's fifty day moving average price is $84.16 and its 200 day moving average price is $73.44. The stock has a market capitalization of $2.60 billion, a P/E ratio of 49.29 and a beta of 1.28. The company has a current ratio of 1.99, a quick ratio of 1.31 and a debt-to-equity ratio of 0.16. Benchmark Electronics, Inc. has a twelve month low of $35.91 and a twelve month high of $100.41.

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

Benchmark Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were issued a $0.17 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.68 annualized dividend and a yield of 0.9%. Benchmark Electronics's dividend payout ratio (DPR) is presently 46.26%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on BHE shares. Weiss Ratings raised shares of Benchmark Electronics from a "hold (c)" rating to a "buy (b-)" rating in a research report on Friday, July 31st. Needham & Company LLC lifted their target price on shares of Benchmark Electronics from $80.00 to $90.00 and gave the stock a "buy" rating in a research note on Thursday, July 30th. Finally, Lake Street Capital reiterated a "buy" rating and issued a $92.00 price target on shares of Benchmark Electronics in a report on Thursday, April 30th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $91.00.

Insider Activity at Benchmark Electronics

In other Benchmark Electronics news, SVP Stephen J. Beaver sold 20,000 shares of Benchmark Electronics stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $86.25, for a total transaction of $1,725,000.00. Following the transaction, the senior vice president directly owned 75,020 shares of the company's stock, valued at $6,470,475. The trade was a 21.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO David Moezidis sold 12,500 shares of the business's stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $87.57, for a total transaction of $1,094,625.00. Following the sale, the chief executive officer owned 85,564 shares of the company's stock, valued at approximately $7,492,839.48. This represents a 12.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company's stock.

About Benchmark Electronics

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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