Jill Upson Sells 1,112 Shares of Burke & Herbert Financial Services (NASDAQ:BHRB) Stock

May 22, 2026 by InsiderTrades.com

Key Points

Director Jill Upson sold 1,112 shares of Burke & Herbert Financial Services at an average price of $63.30, reducing her stake by 35.73% to 2,000 shares.
The company recently reported quarterly EPS of $1.87, matching analyst expectations, while revenue of $84.7 million came in below the consensus estimate of $86.5 million.
Burke & Herbert announced a quarterly dividend of $0.55 per share, equal to an annualized yield of 3.5%, while analysts currently rate the stock a consensus Moderate Buy with an average target price of $71.40.

Burke & Herbert Financial Services Corp. (NASDAQ:BHRB - Get Free Report) Director Jill Upson sold 1,112 shares of the business's stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $63.30, for a total value of $70,389.60. Following the sale, the director owned 2,000 shares of the company's stock, valued at approximately $126,600. This represents a 35.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Burke & Herbert Financial Services Price Performance

Shares of NASDAQ:BHRB opened at $63.46 on Friday. Burke & Herbert Financial Services Corp. has a twelve month low of $54.45 and a twelve month high of $70.90. The stock's 50 day moving average is $63.17 and its 200-day moving average is $64.30. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 8.23 and a beta of 0.74.

Burke & Herbert Financial Services (NASDAQ:BHRB - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $1.87 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.87. The business had revenue of $84.70 million during the quarter, compared to the consensus estimate of $86.50 million. Burke & Herbert Financial Services had a net margin of 24.04% and a return on equity of 14.46%. Sell-side analysts forecast that Burke & Herbert Financial Services Corp. will post 8.33 EPS for the current fiscal year.

Burke & Herbert Financial Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be given a dividend of $0.55 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.20 annualized dividend and a dividend yield of 3.5%. Burke & Herbert Financial Services's payout ratio is presently 28.53%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. DA Davidson reaffirmed a "neutral" rating and issued a $70.00 price target on shares of Burke & Herbert Financial Services in a research report on Monday, April 27th. Loop Capital set a $74.00 price objective on Burke & Herbert Financial Services in a research note on Wednesday, February 25th. Freedom Capital upgraded Burke & Herbert Financial Services from a "hold" rating to a "strong-buy" rating in a report on Friday, May 15th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Burke & Herbert Financial Services in a research report on Friday, May 8th. Finally, Zacks Research downgraded Burke & Herbert Financial Services from a "strong-buy" rating to a "hold" rating in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, Burke & Herbert Financial Services has a consensus rating of "Moderate Buy" and an average target price of $71.40.

Get Our Latest Research Report on Burke & Herbert Financial Services

Institutional Investors Weigh In On Burke & Herbert Financial Services

A number of institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in Burke & Herbert Financial Services by 68.3% in the 1st quarter. Bank of America Corp DE now owns 32,188 shares of the company's stock valued at $2,005,000 after buying an additional 13,063 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Burke & Herbert Financial Services by 46.1% in the first quarter. Empowered Funds LLC now owns 67,280 shares of the company's stock valued at $4,191,000 after acquiring an additional 21,227 shares in the last quarter. Quantinno Capital Management LP grew its holdings in shares of Burke & Herbert Financial Services by 13.9% in the first quarter. Quantinno Capital Management LP now owns 9,439 shares of the company's stock valued at $588,000 after acquiring an additional 1,150 shares in the last quarter. Sei Investments Co. increased its position in shares of Burke & Herbert Financial Services by 144.5% during the first quarter. Sei Investments Co. now owns 8,366 shares of the company's stock valued at $521,000 after acquiring an additional 4,944 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in Burke & Herbert Financial Services by 66.9% during the first quarter. First Trust Advisors LP now owns 9,897 shares of the company's stock worth $616,000 after acquiring an additional 3,966 shares during the period.

Burke & Herbert Financial Services Company Profile

(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.