Barnwell Julian Forrest JR. Increases Stake in Burke & Herbert Financial Services
Barnwell Julian Forrest JR. purchased 1,000 shares of Burke & Herbert Financial Services Corp. on June 19, 2026.
Key Points
- Barnwell Julian Forrest JR. acquired 1,000 shares of Burke & Herbert Financial Services Corp. on June 19, 2026.
- Burke & Herbert Financial Services has a market cap of $1.32 billion and a P/E ratio of 8.49, with shares trading near $65.51.
- Major funds like BlackRock and State Street have also adjusted their positions in Burke & Herbert Financial Services recently.
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Barnwell Julian Forrest JR. made a move in the stock market by purchasing 1,000 shares of Burke & Herbert Financial Services Corp. (NasdaqCM: BHRB) on June 19, 2026. This insider buying activity reflects ongoing interest in the regional bank's prospects.
Other Institutional Activity in Burke & Herbert Financial Services
Several institutional investors have also been active in Burke & Herbert Financial Services. BlackRock, Inc. increased its holdings by 2,510 shares, ending with 982,759 shares worth about $61.2 million. Vanguard Capital Management LLC opened a new position, acquiring 562,215 shares valued at approximately $35 million. State Street Corp boosted its stake by 43,023 shares, resulting in a total of 403,868 shares worth $25.2 million, marking an 11.9% increase. Geode Capital Management, LLC added 8,936 shares, bringing its total to 379,643 shares valued at $23.7 million. Dimensional Fund Advisors LP grew its holdings by 49,957 shares, reaching 367,948 shares valued at about $22.9 million, a 15.7% increase.
Burke & Herbert Financial Services Corp. Stock Down 8.7%
On Tuesday, shares of Burke & Herbert Financial Services Corp. (NasdaqCM: BHRB) traded near $65.51. The company has a market capitalization of $1.32 billion and a P/E ratio of 8.49. Burke & Herbert's stock has a 52-week low of $55.83 and a high of $70.90. The 50-day moving average is $64.20, while the 200-day moving average is $63.66. The stock's beta is a low 0.25, indicating less volatility compared to the broader market.
$BHRB stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its most recent earnings report, Burke & Herbert Financial Services Corp. reported revenue of $340.9 million, reflecting a 2.9% growth. The company's net margin was 34.45%, and its return on equity stood at 14.48%. Earnings per share were $7.71. Investors are looking forward to the next earnings release scheduled for July 23, 2026.
Dividend
Burke & Herbert Financial Services Corp. offers an annual dividend rate of $2.20, yielding 3.36%. The dividend payout ratio is 28.53%, indicating a conservative approach to returning profits to shareholders.
Insider Buying and Selling at Burke & Herbert Financial Services Corp.
On June 19, 2026, several insiders, including Diane Poillon, Kristen Snyder, James Mason Burke, Georgette George, Barnwell Julian Forrest JR., and Shawn Patrick McLaughlin, each purchased 1,000 shares of Burke & Herbert Financial Services Corp. These transactions were not part of any pre-arranged trading plan, indicating direct investment interest.
Analysts Set New Price Targets
On May 15, 2026, Freedom Broker upgraded Burke & Herbert Financial Services to a buy rating with a price target of $74. DA Davidson maintained a hold rating with a target of $70 on April 27, 2026. The consensus among analysts is a buy recommendation, with an average target price of $73.25 based on four opinions.
About Burke & Herbert Financial Services Corp.
Burke & Herbert Financial Services Corp., headquartered in Alexandria, Virginia, operates as the bank holding company for Burke & Herbert Bank & Trust Company. Founded in 1852, the company offers a range of community banking products and services, including consumer and commercial deposit accounts, loans, and wealth management services. With 830 employees, it serves both individual and commercial clients across the United States.
Bottom Line
Barnwell Julian Forrest JR.'s purchase of Burke & Herbert Financial Services shares highlights ongoing interest in the company. The stock's current trading metrics, along with recent institutional activity and analyst ratings, provide a comprehensive view of its market position. As always, insider transactions and 13F filings are backward-looking and may not reflect current positions.
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