City (NASDAQ:CHCO) Shares Break Above Fifty Day Moving Average – What’s Next?

Posted by Brenda Bartman on Oct 29th, 2026

City Holding Company (NASDAQ:CHCO – Get Free Report)’s share price passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $142.46 and traded as high as $146.30. City shares last traded at $142.81, with a volume of 154,870 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CHCO. Hovde Group increased their target price on City from $135.00 to $143.00 and gave the company a “market perform” rating in a report on Monday, July 27th. Keefe, Bruyette & Woods lifted their price target on City from $145.00 to $147.00 and gave the company a “hold” rating in a report on Tuesday. Finally, Weiss Ratings raised City from a “buy (a-)” rating to a “buy (a)” rating in a research report on Friday, October 16th. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, City currently has an average rating of “Moderate Buy” and an average price target of $140.00.

Check Out Our Latest Research Report on City

City Stock Performance

The company has a debt-to-equity ratio of 0.19, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a fifty day simple moving average of $142.30 and a 200 day simple moving average of $131.30. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 15.54 and a beta of 0.49.

City (NASDAQ:CHCO – Get Free Report) last issued its quarterly earnings results on Monday, October 26th. The bank reported $2.43 EPS for the quarter, topping the consensus estimate of $2.36 by $0.07. City had a return on equity of 16.34% and a net margin of 32.58%. The company had revenue of $84.04 million for the quarter, compared to the consensus estimate of $83.07 million. On average, sell-side analysts expect that City Holding Company will post 9.32 earnings per share for the current fiscal year.

City Increases Dividend

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

Insider Buying and Selling at City

In other news, Director Sharon H. Rowe sold 400 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $143.96, for a total value of $57,584.00. Following the transaction, the director directly owned 10,576 shares of the company’s stock, valued at $1,522,520.96. The trade was a 3.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Charles 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 owned 43,998 shares in the company, valued at $6,377,950.08. The trade was a 9.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders bought a total of 480 shares of company stock worth $68,222 in the last 90 days. 1.75% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On City

Large investors have recently bought and sold shares of the business. Allworth Financial LP acquired a new position in shares of City in the 2nd quarter valued at $27,000. Archer Investment Corp bought a new stake in City in the second quarter valued at about $49,000. Sterling Capital Management LLC increased its holdings 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 acquired a new position in City in the second quarter valued at about $58,000. Finally, Nisa Investment Advisors LLC lifted its stake in City by 18.8% in the third quarter. Nisa Investment Advisors LLC now owns 454 shares of the bank’s stock valued at $63,000 after buying an additional 72 shares during the period. 72.43% of the stock is currently owned by institutional investors and hedge funds.

City Company Profile

(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.