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

Key Points

• Bruce Berkowitz sold 21,100 shares of St. Joe on March 17 at an average price of $72.22 for about $1.524 million, trimming his stake by 0.13% to 16,073,624 shares (SEC filing).
• JOE traded at $68.93 midday with a market cap of about $3.97 billion and a P/E of 34.46, trading in a 52-week range of $40.19 to $73.54 (50-day/200-day SMAs: $68.09/$59.61).
• The company reported quarterly EPS of $0.52 on $128.9 million in revenue (net margin 22.5%, ROE 15.2%) and declared a quarterly dividend of $0.16 ($0.64 annual, ~0.9% yield) with ex-dividend date March 9 and pay date March 26.

St. Joe Company (The) (NYSE:JOE - Get Free Report) major shareholder Bruce Berkowitz sold 21,100 shares of the company's stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $72.22, for a total transaction of $1,523,842.00. Following the sale, the insider directly owned 16,073,624 shares in the company, valued at $1,160,837,125.28. This trade represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Large 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 traded down $0.24 during midday trading on Thursday, reaching $68.93. The stock had a trading volume of 256,975 shares, compared to its average volume of 199,581. The firm has a market cap of $3.97 billion, a PE ratio of 34.46 and a beta of 1.30. The firm has a 50 day simple moving average of $68.09 and a 200-day simple moving average of $59.61. St. Joe Company has a one year low of $40.19 and a one year high of $73.54. The company has a current ratio of 2.68, a quick ratio of 2.68 and a debt-to-equity ratio of 0.73.

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

St. Joe Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Monday, March 9th will be given a $0.16 dividend. 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 (DPR) is presently 32.00%.

Analyst Ratings Changes

JOE has been the topic of a number of research analyst reports. Weiss Ratings restated a "buy (b-)" rating on shares of St. Joe in a research note on Monday, December 29th. Wall Street Zen downgraded shares of St. Joe from a "buy" rating to a "hold" rating in a report on Saturday, February 28th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, St. Joe presently has a consensus rating of "Buy".

Hedge Funds Weigh In On St. Joe

Institutional investors and hedge funds have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in St. Joe by 39.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 679 shares of the financial services provider's stock worth $40,000 after purchasing an additional 193 shares during the last quarter. HRT Financial LP grew its holdings in St. Joe by 0.7% in the 2nd quarter. HRT Financial LP now owns 32,349 shares of the financial services provider's stock valued at $1,543,000 after buying an additional 213 shares in the last quarter. ProShare Advisors LLC increased its position in St. Joe by 3.0% during the 4th quarter. ProShare Advisors LLC now owns 7,428 shares of the financial services provider's stock worth $441,000 after buying an additional 218 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of St. Joe by 31.8% during the second quarter. Smartleaf Asset Management LLC now owns 977 shares of the financial services provider's stock worth $48,000 after buying an additional 236 shares in the last quarter. Finally, Ameritas Investment Partners Inc. lifted its holdings in shares of St. Joe by 6.5% during the second quarter. Ameritas Investment Partners Inc. now owns 3,890 shares of the financial services provider's stock worth $186,000 after buying an additional 237 shares in the last quarter. Institutional investors and hedge funds own 86.67% of the company's stock.

St. Joe News Summary

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

• Positive Sentiment: Local marketing/brand tie-in — St. Joe’s partnered with Sterling Pig Brewery to create a Hawk Hill–themed beer, a community-level promotion that could boost local awareness of JOE hospitality/retail assets and drive modest incremental foot traffic to branded locations. St. Joe’s teams up with Sterling Pig Brewery
• Neutral Sentiment: Investor holdings update (may mention JOE) — Seeking Alpha’s Fairholme portfolio Q4 2025 update could influence sentiment if the piece reports notable position changes in JOE by activist/large investors, but the headline alone doesn’t confirm buys or sells. Monitor the full note for position detail. Tracking Bruce Berkowitz's Fairholme Portfolio - Q4 2025 Update
• Neutral Sentiment: Multiple lifestyle and local-interest pieces covering St. Joseph’s Day (altars, celebrations, food traditions). These are national/local cultural stories that do not appear to materially affect JOE’s fundamentals or near-term guidance. Here's where you can view a St. Joseph's Altar
• Neutral Sentiment: Regional coverage listing St. Joseph’s Day altars and local celebrations (New Orleans, Old Metairie) — community interest, limited investor impact. List: St. Joseph's Day altars 2026
• Neutral Sentiment: Background features on St. Joseph’s Day origins, recipes (zeppole), and how communities celebrate — cultural color, no clear JOE impact. Sweet Treats for a Saint
• Neutral Sentiment: Local governance and incident reporting for cities named St. Joseph (parking plan, swatting charge) — unrelated to The St. Joe Company’s operations; unlikely to move the stock. St. Joseph city commissioners approve scaled-back downtown parking plan

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.

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