EntryPoint Capital LLC Invests $490,000 in Benchmark Electronics, Inc. $BHE

Key Points

• EntryPoint Capital LLC invested $490,000 in Benchmark Electronics, acquiring 12,881 shares during the first quarter.
• Benchmark Electronics reported a quarterly EPS of $0.55, surpassing analysts' expectations and generating revenue of $642.34 million.
• The company announced a quarterly dividend of $0.17 per share, yielding 1.8%, with a payout ratio of 64.76%.

EntryPoint Capital LLC bought a new position in shares of Benchmark Electronics, Inc. (NYSE:BHE - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 12,881 shares of the technology company's stock, valued at approximately $490,000.

A number of other large investors also recently modified their holdings of BHE. New Age Alpha Advisors LLC bought a new stake in Benchmark Electronics during the 1st quarter worth about $56,000. Versant Capital Management Inc raised its holdings in Benchmark Electronics by 197.5% during the 1st quarter. Versant Capital Management Inc now owns 2,475 shares of the technology company's stock worth $94,000 after purchasing an additional 1,643 shares during the last quarter. State of Wyoming raised its holdings in Benchmark Electronics by 213.4% during the 4th quarter. State of Wyoming now owns 3,563 shares of the technology company's stock worth $162,000 after purchasing an additional 2,426 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in Benchmark Electronics by 94.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,693 shares of the technology company's stock worth $213,000 after purchasing an additional 2,278 shares during the last quarter. Finally, Bank of Montreal Can raised its holdings in Benchmark Electronics by 10.7% during the 4th 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 last quarter. 92.29% of the stock is currently owned by institutional investors and hedge funds.

Benchmark Electronics Stock Performance

Shares of BHE stock opened at $38.2510 on Thursday. 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 stock has a market cap of $1.37 billion, a PE ratio of 36.43 and a beta of 0.99. The stock has a 50-day moving average of $39.06 and a 200-day moving average of $38.32. Benchmark Electronics, Inc. has a one year low of $30.73 and a one year high of $52.57.

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

Benchmark Electronics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Monday, June 30th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Monday, June 30th. Benchmark Electronics's dividend payout ratio is presently 64.76%.

Analyst Ratings Changes

Several analysts have 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 price objective on Benchmark Electronics from $48.00 to $47.00 and set a "buy" rating for the company in a report on Friday, August 1st. Finally, Lake Street Capital dropped their price objective on Benchmark Electronics from $52.00 to $46.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Benchmark Electronics 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.

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