BFSNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as BFS.PD, BFS.PE
SAUL CENTERS, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$28.99−0.50 (-1.70%)
Close on Oct 19, 2026
- Market cap
- $708.20M
- P/E (TTM)
- 29.9
- Dividend yield
- 8.14%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
12M
Shares held, 13F filers
Institutional holders
194
31 new, 15 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
12 buys · 0 sales
Net bought $332.20K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 2,008,503 | 8.40% | 13G (passive) amendment | Dec 31, 2023 |
| T. Rowe Price Investment Management, Inc. | 1,356,292 | 5.60% | 13G (passive) amendment | Nov 14, 2024 |
| Vanguard Portfolio Management | 1,326,494 | 5.41% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BFS | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2,254,667 | – | $84.30M | +141,990 | 0.00% |
| T. Rowe Price Investment Management, Inc. | 1,407,540 | – | $52.63K | +60,196 | 0.03% |
| Vanguard Portfolio Management LLC | 1,302,765 | – | $48.71M | −13,515 | 0.00% |
| Adage Capital Partners Gp, L.L.C. | 723,198 | – | $27.04M | −11,603 | 0.04% |
| State Street Corp | 570,914 | – | $21.35M | +51,504 | 0.00% |
| Vanguard Capital Management LLC | 550,628 | – | $20.59M | −32,655 | 0.00% |
| Principal Financial Group Inc | 416,391 | – | $15.57M | −182,803 | 0.01% |
| Geode Capital Management, LLC | 361,256 | – | $13.51M | +25,608 | 0.00% |
| Morgan Stanley | 342,206 | – | $12.80M | +79,488 | 0.00% |
| Ameriprise Financial Inc | 235,690 | – | $8.81M | +24,432 | 0.00% |
| Dimensional Fund Advisors LP | 202,295 | – | $7.56M | +50 | 0.00% |
| Renaissance Technologies LLC | 177,074 | – | $6.62M | −9,400 | 0.01% |
| Northern Trust Corp | 160,294 | – | $5.99M | +11,145 | 0.00% |
| Invesco Ltd. | 157,772 | – | $5.90M | −3,716 | 0.00% |
| Charles Schwab Investment Management Inc | 137,612 | – | $5.15M | +3,203 | 0.00% |
| Bank of New York Mellon Corp | 120,616 | – | $4.51M | +4,381 | 0.00% |
| Nuveen, LLC | 98,475 | – | $3.68M | +68,731 | 0.00% |
| Cary Street Partners Financial LLC | 96,630 | – | $3.61M | +4,430 | 0.08% |
| JPMorgan Chase & Co | 94,508 | – | $3.57M | +6,260 | 0.00% |
| Goldman Sachs Group Inc | 94,476 | – | $3.53M | +14,776 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 194 | 12M | 31 / 73 | 44 / 15 | 1M | 1M |
| Q1 2026 | 182 | 11M | 30 / 71 | 49 / 23 | 2M | 1M |
| Q4 2025 | 177 | 12M | 32 / 67 | 51 / 11 | 1M | 2M |
| Q3 2025 | 158 | 12M | 17 / 58 | 55 / 28 | 2M | 1M |
| Q2 2025 | 169 | 11M | 24 / 69 | 46 / 24 | 1M | 0M |
| Q1 2025 | 171 | 11M | 25 / 46 | 65 / 14 | 0M | 0M |
| Q4 2024 | 162 | 11M | 17 / 51 | 55 / 21 | 1M | 1M |
| Q3 2024 | 166 | 11M | 19 / 62 | 48 / 10 | 3M | 1M |
| Q2 2024 | 159 | 11M | 31 / 52 | 49 / 10 | 1M | 1M |
| Q1 2024 | 139 | 11M | 19 / 43 | 47 / 13 | 1M | 1M |
| Q4 2023 | 133 | 11M | 13 / 49 | 50 / 14 | 1M | 0M |
| Q3 2023 | 134 | 11M | 17 / 38 | 44 / 1 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BFS | Value | % of fund | As of |
|---|---|---|---|---|---|
| T. Rowe Price Small-Cap Value Fund, Inc. | 816,437 | – | $30.53M | 0.29% | Jun 30, 2026 |
| iShares Core S&P Small-Cap ETF | 752,709 | – | $28.14M | 0.03% | Jun 30, 2026 |
| Vanguard Real Estate Index Fund | 511,988 | – | $17.44M | 0.02% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 392,926 | – | $14.69M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 334,134 | – | $12.49M | 0.02% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 281,136 | – | $10.51M | 0.01% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 178,227 | – | $6.66M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 151,239 | – | $5.15M | 0.02% | Jul 31, 2026 |
| Columbia Small Cap Value Discovery Fund | 150,338 | – | $5.12M | 0.21% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 143,536 | – | $5.37M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 117,957 | – | $4.41M | 0.03% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 114,563 | – | $4.28M | 0.03% | Jun 30, 2026 |
| Real Estate Securities Fund | 97,383 | – | $3.32M | 0.05% | Jul 31, 2026 |
| Vanguard Real Estate Ii Index Fund | 89,654 | – | $3.05M | 0.03% | Jul 31, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 77,667 | – | $2.90M | 0.03% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| David Todd Pearson | President & COO, Director | 81,778 | Jun 1, 2026 |
| Patricia Saul Lotuff | Vice Chair, Director | 23,548 | May 19, 2026 |
| B. Francis Saul Ii | Chairman & CEO, Director, 10% owner | 600,992 | May 19, 2026 |
| Willoughby B. Laycock | SVP-Res. Design/Mrkt Research, Director | 5,064 | May 19, 2026 |
| Joel Albert Friedman | Exec VP, CAO & Treasurer | 15,950 | Sep 30, 2026 |
| Carlos Lawrence Heard | Senior Vice President & CFO | 7,693 | May 19, 2026 |
| Donald A. Hachey | SVP-Chief Construction Officer | 5,634 | May 19, 2026 |
| John Collich | Sr. VP, Chief Acq. & Dev. Off. | 58,322 | May 19, 2026 |
| Lori Godby | Senior Vice Pres.-Residential | 1,848 | May 19, 2026 |
| Judith K. Garland | SVP, Office and Retail | 4,844 | May 19, 2026 |
| Bettina T. Guevara | Exec. VP /Chf Legal & Adm Off | 9,509 | May 19, 2026 |
| Zachary Maxwell Friedlis | Sr. VP-Director of Leasing | 6,547 | May 19, 2026 |
| George Patrick Clancy Jr | Director | 22,605 | Jul 2, 2026 |
| Helgi C. Walker | Director | 2,000 | May 11, 2026 |
| Philip D. Caraci | Director | 131,769 | May 11, 2026 |
| Mark Sullivan III | Director | 11,200 | May 11, 2026 |
| H. Gregory Platts | Director | 8,900 | May 11, 2026 |
| Andrew M. Saul II | Director | 10,800 | May 11, 2026 |
| Earl A. Powell III | Director | 7,200 | May 11, 2026 |
| LaSalle D. Leffall III | Director | 6,000 | May 11, 2026 |
| John E. Chapoton | Director | 11,466 | Oct 1, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Joel Albert Friedman Exec VP, CAO & Treasurer | Sep 28, 2026 | Buy | +200 | $18.53 | $3.71K | 400 |
| David Todd Pearson President & COO, Director | May 28, 2026 | Buy | +2,600 | $34.75 | $90.35K | 79,321 |
| Patricia Saul Lotuff Vice Chair, Director | May 17, 2026 | Tax withholding | −152 | $33.00 | $5.02K | 23,548 |
| Patricia Saul Lotuff Vice Chair, Director | May 17, 2026 | Award | +37 | $33.00 | $1.22K | 23,585 |
| Donald A. Hachey SVP-Chief Construction Officer | May 17, 2026 | Award | +31 | $33.00 | $1.02K | 5,634 |
| Donald A. Hachey SVP-Chief Construction Officer | May 17, 2026 | Tax withholding | −93 | $33.00 | $3.07K | 5,603 |
| Carlos Lawrence Heard Senior Vice President & CFO | May 17, 2026 | Tax withholding | −131 | $33.00 | $4.32K | 7,693 |
| Carlos Lawrence Heard Senior Vice President & CFO | May 17, 2026 | Award | +40 | $33.00 | $1.32K | 7,733 |
| Bettina T. Guevara Exec. VP /Chf Legal & Adm Off | May 17, 2026 | Award | +45 | $33.00 | $1.49K | 9,509 |
| Bettina T. Guevara Exec. VP /Chf Legal & Adm Off | May 17, 2026 | Tax withholding | −179 | $33.00 | $5.91K | 9,464 |
| B. Francis Saul Ii Chairman & CEO, Director, 10% owner | May 17, 2026 | Award | +572 | $33.00 | $18.88K | 264,292 |
| Lori Godby Senior Vice Pres.-Residential | May 17, 2026 | Tax withholding | −34 | $33.00 | $1.12K | 1,848 |
| Willoughby B. Laycock SVP-Res. Design/Mrkt Research, Director | May 17, 2026 | Award | +10 | $33.00 | $330 | 4,814 |
| Willoughby B. Laycock SVP-Res. Design/Mrkt Research, Director | May 17, 2026 | Tax withholding | −35 | $33.00 | $1.16K | 4,804 |
| John Collich Sr. VP, Chief Acq. & Dev. Off. | May 17, 2026 | Award | +30 | $33.00 | $990 | 53,134 |
| John Collich Sr. VP, Chief Acq. & Dev. Off. | May 17, 2026 | Tax withholding | −98 | $33.00 | $3.23K | 53,104 |
| David Todd Pearson President & COO, Director | May 17, 2026 | Tax withholding | −1,205 | $33.00 | $39.77K | 76,380 |
| David Todd Pearson President & COO, Director | May 17, 2026 | Award | +341 | $33.00 | $11.25K | 76,721 |
| Zachary Maxwell Friedlis Sr. VP-Director of Leasing | May 17, 2026 | Tax withholding | −96 | $33.00 | $3.17K | 6,547 |
| Zachary Maxwell Friedlis Sr. VP-Director of Leasing | May 17, 2026 | Award | +31 | $33.00 | $1.02K | 6,578 |
| Joel Albert Friedman Exec VP, CAO & Treasurer | May 17, 2026 | Tax withholding | −130 | $33.00 | $4.29K | 7,786 |
| Joel Albert Friedman Exec VP, CAO & Treasurer | May 17, 2026 | Award | +40 | $33.00 | $1.32K | 7,826 |
| Judith K. Garland SVP, Office and Retail | May 17, 2026 | Award | +19 | $33.00 | $627 | 4,844 |
| Judith K. Garland SVP, Office and Retail | May 17, 2026 | Tax withholding | −71 | $33.00 | $2.34K | 4,825 |
| Patricia Saul Lotuff Vice Chair, Director | May 9, 2026 | Award | +18 | $35.19 | $633 | 23,700 |
| Patricia Saul Lotuff Vice Chair, Director | May 9, 2026 | Tax withholding | −152 | $35.19 | $5.35K | 23,682 |
| Carlos Lawrence Heard Senior Vice President & CFO | May 9, 2026 | Award | +19 | $35.19 | $669 | 7,824 |
| Carlos Lawrence Heard Senior Vice President & CFO | May 9, 2026 | Tax withholding | −131 | $35.19 | $4.61K | 7,805 |
| Zachary Maxwell Friedlis Sr. VP-Director of Leasing | May 9, 2026 | Tax withholding | −97 | $35.19 | $3.41K | 6,630 |
| Zachary Maxwell Friedlis Sr. VP-Director of Leasing | May 9, 2026 | Award | +13 | $35.19 | $457 | 6,643 |
| Willoughby B. Laycock SVP-Res. Design/Mrkt Research, Director | May 9, 2026 | Tax withholding | −36 | $35.19 | $1.27K | 4,834 |
| Willoughby B. Laycock SVP-Res. Design/Mrkt Research, Director | May 9, 2026 | Award | +5 | $35.19 | $176 | 4,839 |
| Bettina T. Guevara Exec. VP /Chf Legal & Adm Off | May 9, 2026 | Award | +22 | $35.19 | $774 | 9,643 |
| Bettina T. Guevara Exec. VP /Chf Legal & Adm Off | May 9, 2026 | Tax withholding | −190 | $35.19 | $6.69K | 9,621 |
| Joel Albert Friedman Exec VP, CAO & Treasurer | May 9, 2026 | Tax withholding | −131 | $35.19 | $4.61K | 7,890 |
| Joel Albert Friedman Exec VP, CAO & Treasurer | May 9, 2026 | Award | +26 | $35.19 | $915 | 7,916 |
| John Collich Sr. VP, Chief Acq. & Dev. Off. | May 9, 2026 | Award | +14 | $35.19 | $493 | 53,202 |
| John Collich Sr. VP, Chief Acq. & Dev. Off. | May 9, 2026 | Tax withholding | −98 | $35.19 | $3.45K | 53,188 |
| David Todd Pearson President & COO, Director | May 9, 2026 | Tax withholding | −1,206 | $35.19 | $42.44K | 77,428 |
| David Todd Pearson President & COO, Director | May 9, 2026 | Award | +157 | $35.19 | $5.52K | 77,585 |
| B. Francis Saul Ii Chairman & CEO, Director, 10% owner | May 9, 2026 | Award | +268 | $35.19 | $9.43K | 263,720 |
| Donald A. Hachey SVP-Chief Construction Officer | May 9, 2026 | Tax withholding | −101 | $35.19 | $3.55K | 5,681 |
| Donald A. Hachey SVP-Chief Construction Officer | May 9, 2026 | Award | +15 | $35.19 | $528 | 5,696 |
| Lori Godby Senior Vice Pres.-Residential | May 9, 2026 | Tax withholding | −34 | $35.19 | $1.20K | 1,882 |
| Judith K. Garland SVP, Office and Retail | May 9, 2026 | Award | +13 | $35.19 | $457 | 4,896 |
| Judith K. Garland SVP, Office and Retail | May 9, 2026 | Tax withholding | −106 | $35.19 | $3.73K | 4,883 |
| Patricia Saul Lotuff Vice Chair, Director | May 8, 2026 | Award | +2,000 | – | – | 23,834 |
| Carlos Lawrence Heard Senior Vice President & CFO | May 8, 2026 | Award | +2,000 | – | – | 7,936 |
| Zachary Maxwell Friedlis Sr. VP-Director of Leasing | May 8, 2026 | Award | +1,500 | – | – | 6,727 |
| Willoughby B. Laycock SVP-Res. Design/Mrkt Research, Director | May 8, 2026 | Award | +500 | – | – | 4,870 |
| Bettina T. Guevara Exec. VP /Chf Legal & Adm Off | May 8, 2026 | Award | +2,500 | – | – | 9,811 |
| Joel Albert Friedman Exec VP, CAO & Treasurer | May 8, 2026 | Award | +2,000 | – | – | 8,021 |
| John Collich Sr. VP, Chief Acq. & Dev. Off. | May 8, 2026 | Award | +1,500 | – | – | 53,286 |
| David Todd Pearson President & COO, Director | May 8, 2026 | Award | +17,500 | – | – | 78,634 |
| B. Francis Saul Ii Chairman & CEO, Director, 10% owner | May 8, 2026 | Award | +20,000 | – | – | 263,452 |
| Donald A. Hachey SVP-Chief Construction Officer | May 8, 2026 | Award | +1,500 | – | – | 5,782 |
| Lori Godby Senior Vice Pres.-Residential | May 8, 2026 | Award | +500 | – | – | 1,916 |
| Judith K. Garland SVP, Office and Retail | May 8, 2026 | Award | +1,500 | – | – | 4,989 |
| Helgi C. Walker Director | May 8, 2026 | Award | +2,000 | – | – | 2,000 |
| LaSalle D. Leffall III Director | May 8, 2026 | Award | +2,000 | – | – | 6,000 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.