St. Joe (NYSE:JOE) Major Shareholder Bruce Berkowitz Sells 21,100 Shares

St. Joe Company (The) (NYSE:JOE) major shareholder Bruce Berkowitz sold 21,100 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $72.22, for a total value of $1,523,842.00. Following the completion of the sale, the insider owned 16,073,624 shares of the company’s stock, valued at $1,160,837,125.28. This trade represents a 0.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

St. Joe Stock Performance

Shares of JOE opened at $68.93 on Friday. The business’s fifty day moving average price is $68.20 and its 200 day moving average price is $59.68. St. Joe Company has a 12-month low of $40.19 and a 12-month high of $73.54. The stock has a market capitalization of $3.97 billion, a PE ratio of 34.46 and a beta of 1.30. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.68 and a quick ratio of 2.68.

St. Joe (NYSE:JOE) last released its earnings results on Wednesday, February 25th. The financial services provider reported $0.52 earnings per share for the quarter. The firm had revenue of $128.89 million during the quarter. St. Joe had a net margin of 22.52% and a return on equity of 15.23%.

St. Joe Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Monday, March 9th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, March 9th. St. Joe’s dividend payout ratio is currently 32.00%.

Analyst Ratings Changes

A number of equities analysts have commented on JOE shares. Weiss Ratings restated a “buy (b-)” rating on shares of St. Joe in a research note on Monday, December 29th. Wall Street Zen lowered St. Joe from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

St. Joe News Roundup

Here are the key news stories impacting St. Joe this week:

• Neutral Sentiment: Multiple local news pieces cover St. Joseph’s Day altars, parishes and community celebrations — these cultural stories (New Orleans, Metairie, Beaumont, etc.) are unrelated to The St. Joe Company’s business and are unlikely to move JOE materially. St. Joseph’s Day Altar at St. Francis Xavier in Metairie
• Neutral Sentiment: Coverage of regional St. Joseph’s Day events and guides (lists of altars, origin stories, festival reporting) is pervasive across outlets but carries no direct business impact for JOE. List: St. Joseph’s Day altars 2026
• Neutral Sentiment: Portfolio coverage tracking Bruce Berkowitz’s Fairholme holdings provides context on his investment posture but does not by itself change St. Joe’s fundamentals. It’s useful background given Berkowitz’s large stake. Tracking Bruce Berkowitz’s Fairholme Portfolio – Q4 2025 Update
• Negative Sentiment: Insider sale disclosed: Bruce R. Berkowitz sold 21,100 JOE shares on Mar. 17 at an average $72.22 (≈$1.52M). While the sale slightly reduces his percentage ownership (0.13% of his stake), he still holds ~16.07M shares (a very large position). The trade may exert modest near-term pressure or concern among investors, but the size is small relative to his overall holding. SEC filing: SEC Ownership Filing

Institutional Investors Weigh In On St. Joe

Hedge funds have recently made changes to their positions in the business. Nitor Capital Management LLC bought a new position in St. Joe in the 4th quarter worth approximately $31,789,000. Vanguard Group Inc. grew its stake in shares of St. Joe by 3.1% in the third quarter. Vanguard Group Inc. now owns 5,959,298 shares of the financial services provider’s stock worth $294,866,000 after purchasing an additional 179,877 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of St. Joe by 54.7% during the third quarter. Victory Capital Management Inc. now owns 407,438 shares of the financial services provider’s stock valued at $20,160,000 after purchasing an additional 144,121 shares during the period. Select Equity Group L.P. bought a new stake in shares of St. Joe during the second quarter valued at about $6,347,000. Finally, Janus Henderson Group PLC lifted its holdings in St. Joe by 668.3% in the fourth quarter. Janus Henderson Group PLC now owns 139,947 shares of the financial services provider’s stock worth $8,310,000 after purchasing an additional 121,733 shares during the period. Institutional investors own 86.67% of the company’s stock.

St. Joe Company Profile

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.