Robert Fisher Acquires 156 Shares of City (NASDAQ:CHCO) Stock

City Holding Company (NASDAQ:CHCO) Director Robert Fisher acquired 156 shares of City stock in a transaction on Tuesday, July 21st. The shares were bought at an average cost of $134.55 per share, for a total transaction of $20,989.80. Following the completion of the purchase, the director directly owned 47,507 shares of the company’s stock, valued at $6,392,066.85. The trade was a 0.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

City Price Performance

NASDAQ:CHCO opened at $145.21 on Thursday. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 15.89 and a beta of 0.49. City Holding Company has a 1 year low of $113.21 and a 1 year high of $146.66. The business has a 50 day simple moving average of $131.27 and a 200-day simple moving average of $125.78. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.84 and a quick ratio of 0.84.

City (NASDAQ:CHCO) last announced its earnings results on Wednesday, July 22nd. The bank reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.23 by $0.12. The firm had revenue of $81.52 million during the quarter, compared to analysts’ expectations of $80.64 million. City had a return on equity of 16.38% and a net margin of 32.58%. Equities analysts forecast that City Holding Company will post 9.29 EPS for the current year.

City Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 15th. City’s payout ratio is presently 38.07%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CHCO shares. Weiss Ratings raised shares of City from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, July 16th. Hovde Group upped their price target on shares of City from $135.00 to $143.00 and gave the company a “market perform” rating in a report on Monday. One investment 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.com, the company currently has an average rating of “Hold” and a consensus price target of $136.50.

Hedge Funds Weigh In On City

A number of large investors have recently bought and sold shares of CHCO. State Street Corp increased its stake in City by 1.0% in the second quarter. State Street Corp now owns 639,166 shares of the bank’s stock worth $78,247,000 after purchasing an additional 6,371 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of City by 1.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 593,455 shares of the bank’s stock valued at $70,740,000 after purchasing an additional 6,552 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of City by 1.9% during the first quarter. Dimensional Fund Advisors LP now owns 470,344 shares of the bank’s stock valued at $56,217,000 after purchasing an additional 8,992 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of City by 0.6% in the fourth quarter. JPMorgan Chase & Co. now owns 213,447 shares of the bank’s stock worth $25,443,000 after purchasing an additional 1,354 shares during the last quarter. Finally, Two Sigma Investments LP grew its holdings in shares of City by 136.4% in the third quarter. Two Sigma Investments LP now owns 123,803 shares of the bank’s stock worth $15,335,000 after purchasing an additional 71,436 shares during the last quarter. Hedge funds and other institutional investors own 72.43% of the company’s stock.

Key Stories Impacting City

Here are the key news stories impacting City this week:

• Positive Sentiment: Analyst upgrade lifts momentum: CHCO reached a new 52-week high after an analyst upgrade. Hovde Group also raised its price target to $143 from $135, signaling improved expectations for the bank’s valuation, although it retained a “market perform” rating. City Hits New 52-Week High After Analyst Upgrade
• Positive Sentiment: Quarterly earnings exceeded expectations: City Holding reported $2.35 in quarterly EPS, beating the $2.23 consensus estimate, while revenue of $81.52 million topped expectations of approximately $80.65 million. The bank’s 32.58% net margin and 16.38% return on equity further support the fundamental case for the stock.
• Positive Sentiment: Several directors bought shares: Directors Robert D. Fisher, Diane W. Strong-Treister, James A. Hoyer and Javier A. Reyes collectively purchased 444 shares at $134.55 per share, worth approximately $59,740. The purchases increased their respective holdings and may reinforce confidence in City’s prospects, although all trades were made under pre-arranged Rule 10b5-1 plans. City Director Javier Reyes Acquires Shares
• Positive Sentiment: Dividend supports income appeal: City declared a quarterly dividend of $0.87, equivalent to $3.48 annually and a yield of about 2.4%. The 38.07% payout ratio suggests room to maintain the shareholder distribution.
• Neutral Sentiment: Valuation may limit further upside: The broader analyst consensus remains “Hold,” with an average target of $136.50—below the stock’s recent trading level. Hovde’s higher target is constructive, but its neutral rating indicates analysts are not uniformly bullish.

City Company Profile

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.