The Manufacturers Life Insurance Company Purchases Shares of 17,573 Benchmark Electronics, Inc. $BHE

Key Points

• The Manufacturers Life Insurance Company acquired 17,573 shares of Benchmark Electronics during the second quarter, valued at approximately $1.7 million. Institutional investors and hedge funds collectively own 92.29% of BHE’s outstanding shares.
• Analyst sentiment is positive: Needham raised its price target to $90, Weiss Ratings upgraded the stock to “buy,” and analysts maintain an average “Buy” rating with a $91 price target.
• Benchmark reported quarterly earnings of $0.75 per share, surpassing estimates of $0.69, while revenue rose 17.7% year over year to $755.98 million. The company guided for third-quarter 2026 EPS of $0.76–$0.82.

The Manufacturers Life Insurance Company acquired a new position in shares of Benchmark Electronics, Inc. (NYSE:BHE - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,573 shares of the technology company's stock, valued at approximately $1,734,000.

Several other hedge funds also recently modified their holdings of BHE. Rockefeller Capital Management L.P. raised 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 valued at $26,000 after acquiring an additional 250 shares during the last quarter. Group One Trading LLC bought a new stake in Benchmark Electronics during the 2nd quarter worth approximately $73,000. Kestra Advisory Services LLC bought a new stake in Benchmark Electronics during the 4th quarter worth approximately $42,000. Global Retirement Partners LLC bought a new stake in Benchmark Electronics during the 2nd quarter worth approximately $112,000. Finally, Clearstead Advisors LLC increased its holdings in Benchmark Electronics by 246.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company's stock valued at $58,000 after purchasing an additional 970 shares in the last quarter. Institutional investors and hedge funds own 92.29% of the company's stock.

Analyst Upgrades and Downgrades

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

Insider Activity at Benchmark Electronics

In other news, SVP Stephen Beaver sold 20,000 shares of the business's stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $86.25, for a total transaction of $1,725,000.00. Following the completion of the sale, the senior vice president owned 75,020 shares in the company, valued at $6,470,475. The trade was a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.10% of the company's stock.

Benchmark Electronics Price Performance

Shares of BHE stock opened at $71.08 on Friday. Benchmark Electronics, Inc. has a 1 year low of $35.91 and a 1 year high of $100.41. The company has a current ratio of 1.99, a quick ratio of 1.31 and a debt-to-equity ratio of 0.16. The firm's 50 day moving average is $80.45 and its 200-day moving average is $74.30. The firm has a market capitalization of $2.55 billion, a price-to-earnings ratio of 48.35 and a beta of 1.26.

Benchmark Electronics (NYSE:BHE - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.06. Benchmark Electronics had a net margin of 1.89% and a return on equity of 7.28%. The business had revenue of $755.98 million during the quarter, compared to analyst estimates of $720.00 million. During the same quarter last year, the business posted $0.03 earnings per share. Benchmark Electronics's revenue for the quarter 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 Company 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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