Insider Buying: City (NASDAQ:CHCO) Director Buys 100 Shares of Company Stock

Posted by Brian Himes on Oct 23rd, 2026

City Holding Company (NASDAQ:CHCO – Get Free Report) Director James Hoyer bought 100 shares of City stock in a transaction on Friday, October 23rd. The shares were acquired at an average cost of $142.13 per share, for a total transaction of $14,213.00. Following the completion of the acquisition, the director directly owned 802 shares in the company, valued at approximately $113,988.26. The trade was a 14.25% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

City Trading Down 1.0%

Shares of CHCO stock traded down $1.39 on Friday, hitting $142.01. The company had a trading volume of 112,363 shares, compared to its average volume of 115,985. The stock’s 50-day moving average is $142.62 and its two-hundred day moving average is $134.86. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market cap of $2.00 billion, a P/E ratio of 15.54 and a beta of 0.49. City Holding Company has a twelve month low of $113.21 and a twelve month high of $148.99.

City (NASDAQ:CHCO – Get Free Report) last released its earnings results on Wednesday, July 22nd. The bank reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.23 by $0.12. The business had revenue of $81.52 million for the quarter, compared to analyst estimates of $80.64 million. City had a net margin of 32.58% and a return on equity of 16.34%. On average, equities research analysts anticipate that City Holding Company will post 9.32 earnings per share for the current fiscal year.

City Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, October 15th. This is an increase from City’s previous quarterly dividend of $0.87. City’s payout ratio is 43.76%.

Analysts Set New Price Targets

A number of analysts have commented on the company. Hovde Group boosted their price objective on City from $135.00 to $143.00 and gave the stock a “market perform” rating in a report on Monday, July 27th. Keefe, Bruyette & Woods raised their target price on City from $135.00 to $145.00 and gave the company a “market perform” rating in a report on Thursday, October 1st. Finally, Weiss Ratings raised City from a “buy (a-)” rating to a “buy (a)” rating in a research report on Friday, October 16th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $139.33.

Read Our Latest Stock Report on CHCO

Institutional Trading of City

Several institutional investors and hedge funds have recently made changes to their positions in CHCO. Allworth Financial LP purchased a new stake in shares of City during the 2nd quarter worth approximately $27,000. Archer Investment Corp purchased a new position in City in the second quarter valued at approximately $49,000. Sterling Capital Management LLC lifted its stake in City by 223.6% in the third quarter. Sterling Capital Management LLC now owns 398 shares of the bank’s stock valued at $55,000 after purchasing an additional 275 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in City in the second quarter worth $58,000. Finally, Nisa Investment Advisors LLC increased its position in City by 18.8% in the third quarter. Nisa Investment Advisors LLC now owns 454 shares of the bank’s stock worth $63,000 after buying an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 72.43% of the company’s stock.

About City

(Get Free Report)

City Holding Company (NASDAQ: CHCO) is a bank holding company headquartered in Charleston, West Virginia. Through its principal subsidiary, City National Bank, the company provides banking and financial services to individuals, businesses and institutions.

City National Bank offers deposit accounts, consumer and commercial loans, residential mortgages, credit cards, cash-management services, investment products and trust services. Its activities also include wealth management and related financial services designed for retail, business and institutional customers.

The company serves communities primarily in West Virginia, Virginia, eastern Kentucky and southeastern Ohio through a network of branches and other delivery channels.