Maddy Charles III Sells Shares of Burke & Herbert Financial Services
Maddy Charles III, President of Burke & Herbert, sold 15,934 shares.
Key Points
- Maddy Charles III, President of Burke & Herbert Financial Services, sold 15,934 shares on June 25, 2026.
- Shares of NasdaqCM:BHRB traded near $71.34 on Monday, with a market cap of approximately $1.44 billion.
- BlackRock and State Street increased their holdings in Burke & Herbert, with analysts maintaining a positive outlook.
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Maddy Charles III, President of Burke & Herbert Financial Services Corp. (NasdaqCM:BHRB), sold 15,934 shares of the company on June 25, 2026. This transaction was not part of a pre-planned trading program. Shares of the company traded near $71.34 on Monday, reflecting the stock's recent performance.
Insider Buying and Selling at Burke & Herbert Financial Services Corp.
Maddy Charles III, the President of Burke & Herbert, executed several transactions on June 25, 2026. He sold 15,934 shares, with one transaction at an average price of $69.29. Additionally, he acquired 15,934 shares earlier at a price of $47.47. Other insiders, including Diane Poillon, Kristen Snyder, and James Mason Burke, each purchased 1,000 shares on June 19, 2026.
Other Institutional Activity in Burke & Herbert Financial Services
Institutional investors have shown varied interest in Burke & Herbert. BlackRock, Inc. increased its holdings by 2,510 shares, bringing its total to 982,759 shares valued at about $61.2 million, a 0.3% increase. Vanguard Capital Management LLC opened a new position with 562,215 shares valued at approximately $35 million. State Street Corp added 43,023 shares, resulting in 403,868 shares worth around $25.2 million, marking an 11.9% increase. Geode Capital Management, LLC grew its stake by 8,936 shares to 379,643 shares valued at $23.6 million, and Dimensional Fund Advisors LP increased its holdings by 49,957 shares to 367,948 shares, worth about $22.9 million, a 15.7% rise.
Burke & Herbert Financial Services Corp. Stock Down 0.5%
On Monday, shares of Burke & Herbert Financial Services Corp. (NasdaqCM:BHRB) traded near $71.34. The company has a market cap of around $1.44 billion and a P/E ratio of 9.25, with a forward P/E of 8.09. Its beta is 0.25, indicating lower volatility compared to the market. The stock's 52-week range is between $56.11 and $71.38, with a 50-day moving average of $64.46 and a 200-day moving average of $63.79.
$BHRB stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Burke & Herbert reported revenue of $340.9 million with a growth rate of 2.9%. The company's net margin stands at 34.45%, and its return on equity (ROE) is 14.48%. The next earnings release is scheduled for July 23, 2026.
Dividend
The company offers an annual dividend rate of $2.20, yielding 3.1% with a payout ratio of 28.53%.
Analysts Set New Price Targets
On May 15, 2026, Freedom Broker upgraded Burke & Herbert to a "buy" rating with a price target of $74. DA Davidson maintained a "hold" rating with a $70 target on April 27, 2026. The consensus among analysts is a "buy," with an average target price of $73.25 based on four opinions.
About Burke & Herbert Financial Services
Burke & Herbert Financial Services Corp., headquartered in Alexandria, Virginia, is the holding company for Burke & Herbert Bank & Trust Company. Founded in 1852, it provides a variety of banking services, including consumer and commercial deposit accounts, loans, and wealth management. The company operates within the financial services sector, focusing on regional banking.
Bottom Line
Maddy Charles III's recent share sale at Burke & Herbert Financial Services highlights insider activity at the company. Investors often track such movements for potential signals, though they do not necessarily indicate future performance. The company's stock remains an area of interest for both institutional investors and analysts, with a generally positive outlook. It is important to remember that 13F filings and insider transactions are backward-looking and may not reflect current positions.
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