Jan Janick Sells 10,004 Shares of Benchmark Electronics (NYSE:BHE) Stock

Key Points

• Senior Vice President Jan Janick sold 10,004 shares of Benchmark Electronics at an average price of $40.50, resulting in a total transaction of $405,162.
• The company declared a quarterly dividend of $0.17 per share to be paid on October 13th, representing an annualized dividend yield of 1.7%.
• Benchmark Electronics reported a net margin of 1.48% and quarterly revenue down 3.6% year-over-year, despite exceeding analysts' earnings expectations for the last quarter.

Benchmark Electronics, Inc. (NYSE:BHE - Get Free Report) SVP Jan Janick sold 10,004 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $40.50, for a total transaction of $405,162.00. Following the transaction, the senior vice president directly owned 62,368 shares in the company, valued at $2,525,904. The trade was a 13.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Benchmark Electronics Stock Up 2.3%

Benchmark Electronics stock traded up $0.89 during midday trading on Wednesday, hitting $39.91. The stock had a trading volume of 171,571 shares, compared to its average volume of 212,990. The business has a fifty day moving average price of $39.62 and a 200 day moving average price of $38.16. Benchmark Electronics, Inc. has a 12 month low of $30.73 and a 12 month high of $52.57. The stock has a market cap of $1.43 billion, a P/E ratio of 38.01 and a beta of 1.05. The company has a current ratio of 2.36, a quick ratio of 1.46 and a debt-to-equity ratio of 0.18.

Benchmark Electronics (NYSE:BHE - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The technology company reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. The business had revenue of $642.34 million during the quarter, compared to the consensus estimate of $638.67 million. Benchmark Electronics had a return on equity of 6.08% and a net margin of 1.48%.The business's quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the business earned $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 disclosed a quarterly dividend, which will be paid on Monday, October 13th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.17 per share. The ex-dividend date is Tuesday, September 30th. This represents a $0.68 annualized dividend and a yield of 1.7%. Benchmark Electronics's dividend payout ratio is 64.76%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BHE. Wall Street Zen downgraded Benchmark Electronics from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Needham & Company LLC cut their target price on Benchmark Electronics from $48.00 to $47.00 and set a "buy" rating on the stock in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $46.50.

Institutional Investors Weigh In On Benchmark Electronics

Hedge funds and other institutional investors have recently modified their holdings of the stock. State of Wyoming bought a new position in Benchmark Electronics in the 2nd quarter valued at about $137,000. Hohimer Wealth Management LLC acquired a new stake in shares of Benchmark Electronics in the 2nd quarter worth approximately $203,000. Caxton Associates LLP boosted its holdings in shares of Benchmark Electronics by 26.4% in the second quarter. Caxton Associates LLP now owns 6,720 shares of the technology company's stock valued at $261,000 after acquiring an additional 1,405 shares in the last quarter. Public Sector Pension Investment Board increased its stake in shares of Benchmark Electronics by 7.8% during the second quarter. Public Sector Pension Investment Board now owns 123,066 shares of the technology company's stock valued at $4,779,000 after acquiring an additional 8,926 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in Benchmark Electronics by 215.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company's stock worth $116,000 after purchasing an additional 2,048 shares in the last quarter. 92.29% of the stock is currently owned by institutional investors.

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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