City (NASDAQ:CHCO) Sets New 1-Year High – Here’s What Happened

Posted by Brian Himes on Aug 15th, 2026

City Holding Company (NASDAQ:CHCO – Get Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as $148.83 and last traded at $148.0450, with a volume of 14603 shares. The stock had previously closed at $147.22.

Wall Street Analysts Forecast Growth

CHCO has been the topic of several analyst reports. Weiss Ratings downgraded City from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, August 7th. Hovde Group boosted their price objective on City from $135.00 to $143.00 and gave the company a “market perform” rating in a report on Monday, July 27th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, City presently has a consensus rating of “Hold” and an average price target of $136.50.

Read Our Latest Analysis on CHCO

City Price Performance

The company has a 50-day moving average of $136.33 and a 200 day moving average of $127.68. The stock has a market capitalization of $2.07 billion, a PE ratio of 16.11 and a beta of 0.48. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.19.

City (NASDAQ:CHCO – Get Free Report) last posted its quarterly 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 return on equity of 16.34% and a net margin of 32.58%.The firm had revenue of $81.52 million during the quarter, compared to analysts’ expectations of $80.64 million. Sell-side analysts predict that City Holding Company will post 9.29 EPS for the current year.

City Announces Dividend

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

Insider Buying and Selling

In other news, CEO Charles R. Hageboeck sold 4,485 shares of the stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $144.96, for a total value of $650,145.60. Following the sale, the chief executive officer directly owned 43,998 shares in the company, valued at approximately $6,377,950.08. This trade represents a 9.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David L. Bumgarner sold 1,161 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $124.50, for a total transaction of $144,544.50. Following the completion of the sale, the chief financial officer directly owned 10,666 shares in the company, valued at approximately $1,327,917. This trade represents a 9.82% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have acquired 444 shares of company stock valued at $59,740 and have sold 9,618 shares valued at $1,289,673. 1.75% of the stock is owned by insiders.

Institutional Investors Weigh In On City

Hedge funds have recently made changes to their positions in the business. Allworth Financial LP acquired a new stake in City during the 2nd quarter worth approximately $27,000. First Horizon Corp increased its holdings in shares of City by 146.0% in the fourth quarter. First Horizon Corp now owns 246 shares of the bank’s stock valued at $29,000 after purchasing an additional 146 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of City during the fourth quarter worth approximately $29,000. Quarry LP purchased a new stake in shares of City during the third quarter worth approximately $32,000. Finally, Simplex Trading LLC acquired a new stake in shares of City during the fourth quarter worth $36,000. Institutional investors and hedge funds own 72.43% of the company’s stock.

City Company Profile

(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.