Keefe Bruyette raises target for City Holding stock to USD 145.00

Published on 10/05/2026 at 07:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

City Holding lifts its quarterly dividend 15.00 percent to USD 1.00 on September 30, 2026. City Holding stock yields 2.50 percent.

CHCO, US1778351056, Illustration mit AI erstellt.

Keefe, Bruyette & Woods raised its City Holding price target from USD 135.00 to USD 145.00 on October 1, 2026, while maintaining a Market Perform rating, according to Markets Insider. The new target places the analyst view above the Nasdaq reference price last available for October 2, 2026.

Target rises on deposit strength

The analyst cited City Holding's granular core deposit base as a potential source of resilience against deposit competition and a possible beneficiary of higher-for-longer interest rates, the same October 1 report said. For investors, the change matters because the rating stayed at Market Perform even as the target increased by USD 10.00, or 7.41 percent from the previous target.

Dividend reaches USD 1.00

City Holding declared a quarterly cash dividend of USD 1.00 per common share on September 30, 2026, payable on October 30 to shareholders of record on October 15, according to Markets Insider. The payout is 15.00 percent higher than the USD 0.87 dividend paid in the second quarter of 2026, lifting the annualized payout to USD 4.00.

The latest reported quarter also supports the income story. City Holding posted USD 2.35 in GAAP earnings per share and USD 81.52 million in revenue for the second quarter of 2026, compared with USD 2.23 and USD 80.64 million consensus estimates, respectively, according to MarketBeat. The earnings-per-share difference was USD 0.12, while the revenue comparison showed USD 0.88 million above consensus.

Stock remains below yearly high

City Holding was last at USD 142.82 on Nasdaq on October 2, 2026 at 4:00 p.m. ET. The USD 2.0 billion market capitalization and the USD 113.21 to USD 148.99 52-week range place the latest quote 4.14 percent below the yearly high.