Burke & Herbert Financial Services (NASDAQ:BHRB) Director Acquires $88,404.00 in Stock

Posted by Brenda Bartman on Aug 17th, 2026

Burke & Herbert Financial Services Corp. (NASDAQ:BHRB – Get Free Report) Director Diane Poillon bought 1,200 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was purchased at an average cost of $73.67 per share, with a total value of $88,404.00. Following the acquisition, the director directly owned 4,128 shares in the company, valued at $304,109.76. This trade represents a 40.98% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Burke & Herbert Financial Services Price Performance

NASDAQ:BHRB opened at $73.15 on Monday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.13. The business’s 50-day simple moving average is $70.37 and its two-hundred day simple moving average is $66.46. The stock has a market cap of $1.48 billion, a PE ratio of 11.72 and a beta of 0.57. Burke & Herbert Financial Services Corp. has a 52 week low of $57.42 and a 52 week high of $75.08.

Burke & Herbert Financial Services (NASDAQ:BHRB – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $2.03 EPS for the quarter, beating the consensus estimate of $1.98 by $0.05. The business had revenue of $106.89 million for the quarter, compared to the consensus estimate of $112.86 million. Burke & Herbert Financial Services had a return on equity of 13.66% and a net margin of 18.86%. As a group, analysts forecast that Burke & Herbert Financial Services Corp. will post 8.19 EPS for the current fiscal year.

Burke & Herbert Financial Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.20 dividend on an annualized basis and a yield of 3.0%. Burke & Herbert Financial Services’s payout ratio is currently 35.26%.

Hedge Funds Weigh In On Burke & Herbert Financial Services

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BHRB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Burke & Herbert Financial Services by 4.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,030 shares of the company’s stock worth $451,000 after acquiring an additional 319 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Burke & Herbert Financial Services by 16.4% in the first quarter. Goldman Sachs Group Inc. now owns 71,849 shares of the company’s stock worth $4,031,000 after purchasing an additional 10,117 shares during the last quarter. Jane Street Group LLC purchased a new stake in Burke & Herbert Financial Services during the first quarter valued at $1,287,000. JPMorgan Chase & Co. lifted its position in Burke & Herbert Financial Services by 32.2% during the second quarter. JPMorgan Chase & Co. now owns 49,511 shares of the company’s stock valued at $2,957,000 after purchasing an additional 12,057 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in Burke & Herbert Financial Services by 4.2% during the second quarter. Legal & General Group Plc now owns 13,389 shares of the company’s stock valued at $798,000 after purchasing an additional 538 shares during the last quarter.

Analyst Upgrades and Downgrades

BHRB has been the subject of several recent analyst reports. Keefe, Bruyette & Woods upped their price target on Burke & Herbert Financial Services from $80.00 to $81.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Wall Street Zen raised shares of Burke & Herbert Financial Services from a “sell” rating to a “hold” rating in a report on Sunday, August 9th. Freedom Capital raised shares of Burke & Herbert Financial Services from a “hold” rating to a “strong-buy” rating in a report on Friday, May 15th. Weiss Ratings upgraded shares of Burke & Herbert Financial Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday. Finally, DA Davidson set a $75.00 target price on shares of Burke & Herbert Financial Services in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.25.

Check Out Our Latest Research Report on Burke & Herbert Financial Services

About Burke & Herbert Financial Services

(Get Free Report)

Burke & Herbert Financial Services, Inc is a bank holding company headquartered in Alexandria, Virginia, and the parent company of Burke & Herbert Bank. The company operates as a community‐focused financial institution, offering a full suite of commercial and consumer banking products to individuals, small businesses, and nonprofit organizations in the Washington, DC metropolitan area.

The company’s core banking services include traditional deposit accounts such as checking, savings, money market and certificates of deposit, alongside digital banking platforms for online and mobile account access.