Charles Hageboeck Sells 4,485 Shares of City (NASDAQ:CHCO) Stock

Posted by Brian Himes on Aug 2nd, 2026

City Holding Company (NASDAQ:CHCO – Get Free Report) CEO Charles Hageboeck sold 4,485 shares of the company’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $144.96, for a total transaction of $650,145.60. Following the sale, the chief executive officer directly owned 43,998 shares of the company’s stock, valued at $6,377,950.08. This represents a 9.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

City Trading Up 0.4%

Shares of City stock opened at $145.11 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.19. City Holding Company has a 12-month low of $113.21 and a 12-month high of $146.66. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of 15.88 and a beta of 0.49. The firm’s 50-day moving average price is $132.08 and its two-hundred day moving average price is $126.07.

City (NASDAQ:CHCO – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The bank reported $2.35 EPS for the quarter, beating the consensus estimate of $2.23 by $0.12. City had a net margin of 32.58% and a return on equity of 16.38%. The company had revenue of $81.52 million during the quarter, compared to analysts’ expectations of $80.64 million. On average, analysts forecast that City Holding Company will post 9.29 earnings per share for the current fiscal year.

City Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th were given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Wednesday, July 15th. City’s dividend payout ratio is currently 38.07%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. First Horizon Corp lifted its stake in shares of City by 146.0% in the 4th quarter. First Horizon Corp now owns 246 shares of the bank’s stock valued at $29,000 after acquiring an additional 146 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in City during the 4th quarter worth $29,000. Quarry LP bought a new stake in City during the 3rd quarter worth $32,000. Simplex Trading LLC acquired a new position in City in the 4th quarter worth about $36,000. Finally, Geneos Wealth Management Inc. increased its holdings in City by 113.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 373 shares of the bank’s stock worth $46,000 after purchasing an additional 198 shares in the last quarter. 72.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Weiss Ratings upgraded City from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, July 16th. Hovde Group increased their target price on shares of City from $135.00 to $143.00 and gave the stock a “market perform” rating in a report on Monday, July 27th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $136.50.

Read Our Latest Research Report on CHCO

About City

(Get Free Report)

City Holding Company (NASDAQ:CHCO) is a bank holding company headquartered in Morgantown, West Virginia. Through its wholly owned subsidiary, City National Bank, the company offers a full range of banking and financial services to individuals, businesses and nonprofit organizations. Its operations emphasize community-oriented banking, combining local decision-making with access to digital banking platforms.

The company’s product portfolio includes deposit accounts such as checking, savings and money market accounts, as well as consumer and commercial lending solutions ranging from personal loans and mortgages to commercial real estate and equipment financing.