Maddy Charles III Acquires Shares of Burke & Herbert Financial Services
President Maddy Charles III purchased 15,934 shares of Burke & Herbert Financial Services on June 25, 2026.
Key Points
- Maddy Charles III, President of Burke & Herbert Financial Services, bought 15,934 shares at $47.47 each, totaling $756,386.98 on June 25, 2026.
- Shares of BHRB traded near $71.34 on Monday, with a market cap of $1.44 billion and a P/E ratio of 9.25.
- BlackRock, Inc. increased its holdings by 2,510 shares, while State Street Corp added 43,023 shares, ending with 403,868 shares.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Maddy Charles III, the President of Burke & Herbert Financial Services Corp. (NASDAQ: BHRB), made a notable purchase of company stock on June 25, 2026. Charles acquired 15,934 shares at an average price of $47.47 per share, amounting to a total value of $756,386.98. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Burke & Herbert Financial Services Corp.
Alongside Maddy Charles III's significant purchase, he also sold 12,380 shares on the same day at an average price of $69.29. Additionally, other insiders like Diane Poillon, Kristen Snyder, and James Mason Burke each bought 1,000 shares on June 19, 2026.
Other Institutional Activity in Burke & Herbert Financial Services
In recent institutional activity, BlackRock, Inc. increased its stake by 2,510 shares, bringing its total to 982,759 shares valued at approximately $61.22 million. State Street Corp added 43,023 shares, ending with 403,868 shares worth about $25.16 million, reflecting an 11.9% increase. Geode Capital Management, LLC boosted its holdings by 8,936 shares to a total of 379,643 shares valued at $23.65 million. Dimensional Fund Advisors LP also increased its position by 49,957 shares, totaling 367,948 shares worth $22.92 million, marking a 15.7% increase.
Burke & Herbert Financial Services Corp. Stock Down 0.5%
Shares of Burke & Herbert Financial Services traded near $71.34 on Monday. The company boasts a market capitalization of about $1.44 billion, with a P/E ratio of 9.25 and a forward P/E of 8.09. The stock has experienced a 52-week range between $56.11 and $71.38, with a 50-day moving average of $64.46 and a 200-day moving average of $63.79. The company's beta is relatively low at 0.25, indicating less volatility compared to the market.
$BHRB stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Burke & Herbert Financial Services reported revenue of $340.9 million, with a revenue growth of 2.9%. The company achieved a net margin of 34.45% and a return on equity of 14.48%. The next earnings report is anticipated on July 23, 2026.
Dividend
The company offers an annual dividend rate of $2.20 per share, yielding 3.1% with a payout ratio of 28.53%.
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 on April 27, 2026, with a target of $70. The consensus among analysts is a buy recommendation, with a mean target price of $73.25 based on four analyst opinions.
About Burke & Herbert Financial Services
Burke & Herbert Financial Services Corp., based in Alexandria, Virginia, operates as the bank holding company for Burke & Herbert Bank & Trust Company. The company provides a range of banking services, including deposit accounts, loans, and cash management services. Founded in 1852, it serves both consumer and commercial clients with a focus on community banking.
Bottom Line
Maddy Charles III's purchase of Burke & Herbert Financial Services shares adds to the insider activity that investors often watch closely for hints of confidence in the company's prospects. Institutional investors like BlackRock and State Street have also shown interest in the stock, which has been trading around its 52-week high. As always, it's important to remember that insider transactions are disclosed after the fact, and 13F filings reflect past positions.
Get Burke & Herbert Financial Services Corp. alerts
New 13F filings, insider trades, and analyst moves on $BHRB, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.