Hsbc Holdings PLC Acquires 19,604 Shares of Benchmark Electronics, Inc. $BHE

Key Points

• Hsbc Holdings PLC increased its Benchmark Electronics stake by 83.7% in the second quarter, bringing its holdings to 43,014 shares valued at approximately $4.27 million. Institutional investors collectively own 92.29% of the company.
• Benchmark Electronics exceeded quarterly expectations, reporting $0.75 in earnings per share versus the $0.69 consensus and $755.98 million in revenue, up 17.7% year over year. The company issued third-quarter 2026 EPS guidance of $0.76-$0.82.
• The company declared a quarterly dividend of $0.17 per share, equivalent to an annualized $0.68 payout and a 0.9% yield. Analysts maintain a “Moderate Buy” consensus rating with a $91 average price target, although Weiss Ratings downgraded the stock to “Hold.”

Hsbc Holdings PLC grew its holdings in shares of Benchmark Electronics, Inc. (NYSE:BHE - Free Report) by 83.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,014 shares of the technology company's stock after acquiring an additional 19,604 shares during the period. Hsbc Holdings PLC owned about 0.12% of Benchmark Electronics worth $4,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in Benchmark Electronics in the 2nd quarter worth $579,768,000. Earnest Partners LLC purchased a new stake in Benchmark Electronics during the fourth quarter valued at $74,940,000. Franklin Resources Inc. lifted its position in Benchmark Electronics by 14.4% during the third quarter. Franklin Resources Inc. now owns 2,688,298 shares of the technology company's stock valued at $103,634,000 after purchasing an additional 338,081 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Benchmark Electronics during the second quarter valued at $31,061,000. Finally, Kennedy Capital Management LLC grew its stake in shares of Benchmark Electronics by 141.8% in the 3rd quarter. Kennedy Capital Management LLC now owns 363,651 shares of the technology company's stock worth $14,019,000 after buying an additional 213,276 shares in the last quarter. Institutional investors own 92.29% of the company's stock.

Benchmark Electronics Price Performance

BHE opened at $73.93 on Friday. The business has a fifty day moving average of $78.45 and a 200 day moving average of $74.85. Benchmark Electronics, Inc. has a 52-week low of $35.91 and a 52-week high of $100.41. The company has a quick ratio of 1.31, a current ratio of 1.99 and a debt-to-equity ratio of 0.16. The stock has a market cap of $2.66 billion, a P/E ratio of 50.29 and a beta of 1.26.

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

Benchmark Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 13th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. Benchmark Electronics's dividend payout ratio (DPR) is 46.26%.

Analysts Set New Price Targets

BHE has been the subject of a number of analyst reports. Weiss Ratings downgraded shares of Benchmark Electronics from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday. Needham & Company LLC upped their price objective on Benchmark Electronics from $80.00 to $90.00 and gave the company a "buy" rating in a research report on Thursday, July 30th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Benchmark Electronics has an average rating of "Moderate Buy" and a consensus price target of $91.00.

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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