New insider activity at Burke & Herbert Bank & Company ( (BHRB) ) has taken place on May 1, 2025.
In recent transactions, Director Jose David Riojas acquired 500 shares of Burke & Herbert Bank & Company stock, valued at $27,500. Meanwhile, Director Samuel Laing III Hinson made a significant purchase of 4,000 shares, amounting to $212,000.
Recent Updates on BHRB stock
In the last 24 hours, Burke & Herbert Financial Services Corp. has seen a price target adjustment by Keefe Bruyette, lowering it from $73 to $70 while maintaining an Outperform rating. This change comes in the wake of the company’s strong Q1 2025 financial results, which reported a significant increase in net income to $27.0 million and a diluted EPS of $1.80. The company also announced a $0.55 per share cash dividend and a $50 million share repurchase program, reflecting robust financial health and strategic capital management. Despite these positive results, challenges such as a decline in revenue and bearish technical indicators have been noted, which may affect short-term stock performance. Additionally, leadership changes, including the appointment of a new Chief Accounting Officer, introduce both uncertainty and potential for strategic improvement.
Spark’s Take on BHRB Stock
According to Spark, TipRanks’ AI Analyst, BHRB is a Outperform.
Burke & Herbert Bank & Company demonstrates strong financial stability and profitability, with robust capital management. However, challenges include a bearish technical outlook and revenue declines, which could impact future growth. The stock’s valuation is reasonable with a protective dividend yield, and recent corporate actions underline strategic focus, but leadership changes add uncertainty.
To see Spark’s full report on BHRB stock, click here.
More about Burke & Herbert Bank & Company
YTD Price Performance: -13.63%
Average Trading Volume: 59,168
Technical Sentiment Signal: Hold
Current Market Cap: $800.1M