Key Insights

• Burke & Herbert Financial Services' significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public

• A total of 25 investors have a majority stake in the company with 37% ownership

• Insiders have bought recently

Every investor in Burke & Herbert Financial Services Corp. (NASDAQ:BHRB) should be aware of the most powerful shareholder groups. With 56% stake, individual investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).

While individual investors were the group that benefitted the most from last week’s US$53m market cap gain, institutions too had a 31% share in those profits.

Let's take a closer look to see what the different types of shareholders can tell us about Burke & Herbert Financial Services.

View our latest analysis for Burke & Herbert Financial Services

What Does The Institutional Ownership Tell Us About Burke & Herbert Financial Services?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

As you can see, institutional investors have a fair amount of stake in Burke & Herbert Financial Services. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Burke & Herbert Financial Services' earnings history below. Of course, the future is what really matters.

Hedge funds don't have many shares in Burke & Herbert Financial Services. BlackRock, Inc. is currently the largest shareholder, with 6.2% of shares outstanding. For context, the second largest shareholder holds about 4.4% of the shares outstanding, followed by an ownership of 2.5% by the third-largest shareholder. Julian Barnwell, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors.

On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There is some analyst coverage of the stock, but it could still become more well known, with time.