Schwartz Investment Counsel Inc. Sells 25,000 Shares of St. Joe Company (The) $JOE

Posted by George Bondi on May 13th, 2026

Schwartz Investment Counsel Inc. reduced its stake in St. Joe Company (The) (NYSE:JOE – Free Report) by 7.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 310,400 shares of the financial services provider’s stock after selling 25,000 shares during the period. Schwartz Investment Counsel Inc. owned 0.54% of St. Joe worth $18,428,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JOE. Camelot Portfolios LLC bought a new stake in St. Joe in the fourth quarter valued at $30,000. EverSource Wealth Advisors LLC increased its stake in St. Joe by 155.7% in the second quarter. EverSource Wealth Advisors LLC now owns 652 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 397 shares in the last quarter. Quarry LP bought a new stake in St. Joe in the third quarter valued at $39,000. Smartleaf Asset Management LLC increased its stake in St. Joe by 31.8% in the second quarter. Smartleaf Asset Management LLC now owns 977 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 236 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in St. Joe by 362.8% in the fourth quarter. Farther Finance Advisors LLC now owns 1,120 shares of the financial services provider’s stock valued at $66,000 after purchasing an additional 878 shares in the last quarter. 86.67% of the stock is owned by institutional investors.

St. Joe Stock Down 1.3%

JOE opened at $64.24 on Wednesday. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.72. The stock has a market cap of $3.69 billion, a price-to-earnings ratio of 33.11 and a beta of 1.31. St. Joe Company has a twelve month low of $42.65 and a twelve month high of $73.54. The company’s 50-day moving average price is $67.25 and its two-hundred day moving average price is $63.96.

St. Joe (NYSE:JOE – Get Free Report) last released its earnings results on Wednesday, April 29th. The financial services provider reported $0.24 earnings per share for the quarter. The firm had revenue of $99.04 million for the quarter. St. Joe had a net margin of 21.61% and a return on equity of 14.59%.

St. Joe Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Tuesday, June 9th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, June 9th. St. Joe’s payout ratio is presently 32.99%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on JOE shares. Wall Street Zen downgraded shares of St. Joe from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of St. Joe in a research report on Friday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, St. Joe presently has a consensus rating of “Buy”.

Get Our Latest Research Report on St. Joe

Insiders Place Their Bets

In other St. Joe news, major shareholder Bruce R. Berkowitz sold 189,200 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $65.78, for a total value of $12,445,576.00. Following the transaction, the insider directly owned 15,884,424 shares in the company, valued at $1,044,877,410.72. The trade was a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 571,000 shares of company stock valued at $38,058,165 in the last 90 days. 0.35% of the stock is owned by insiders.

St. Joe Company Profile

(Free Report)

The St. Joe Company (NYSE: JOE) is a leading real estate development and asset management firm focused on Northwest Florida. Headquartered in Jacksonville, the company owns and manages approximately 171,000 acres of land across Bay, Gulf, Franklin and Walton counties. St. Joe’s core businesses include residential community development, commercial real estate, and hospitality, with an emphasis on master-planned neighborhoods, office and retail campuses, resort hotels and mixed-use town centers.

Founded in 1936 as a paper manufacturing company, St.