69,214 Shares in KeyCorp $KEY Acquired by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations purchased a new stake in shares of KeyCorp (NYSE:KEY) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 69,214 shares of the financial services provider’s stock, valued at approximately $1,294,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KEY. Activest Wealth Management raised its position in shares of KeyCorp by 8,775.0% in the second quarter. Activest Wealth Management now owns 1,420 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 1,404 shares during the period. United Community Bank acquired a new position in KeyCorp in the 3rd quarter valued at about $27,000. Sachetta LLC raised its holdings in KeyCorp by 1,246.1% in the 3rd quarter. Sachetta LLC now owns 1,723 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 1,595 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in KeyCorp during the second quarter worth approximately $36,000. Finally, Root Financial Partners LLC acquired a new stake in KeyCorp during the third quarter worth approximately $37,000. 79.69% of the stock is owned by institutional investors.

Trending Headlines about KeyCorp

Here are the key news stories impacting KeyCorp this week:

• Positive Sentiment: Activist HoldCo has pivoted and now backs KeyCorp’s leadership, signaling it will not pursue proxy fights after KeyCorp made agreed changes — this removes a key governance overhang and is a clear positive catalyst. Activist HoldCo Pivots on KeyCorp
• Positive Sentiment: Analyst coverage has improved and an upgrade/re‑rating helped push KEY to a new one‑year high recently — analyst target increases provide momentum and underpin near‑term upside. KeyCorp Reaches New 1-Year High on Analyst Upgrade
• Positive Sentiment: KeyCorp declared a quarterly dividend of $0.205 (annualized ~$0.82, yield ~3.6%), supporting income investor interest and reducing downside for yield‑sensitive holders. KeyCorp stock page (dividend details)
• Neutral Sentiment: Management presented at UBS and Bank of America conferences; transcripts are available and offer updated commentary on strategy, capital deployment and loan growth but contained no market‑moving surprises. UBS presentation BofA transcript
• Negative Sentiment: Andrew J. Paine III, Head of Institutional Bank, sold 65,961 shares (~$1.53M) and reduced his stake by ~28% — large insider selling can prompt short‑term investor caution and add to selling flows despite company fundamentals. Insider sale disclosure

Analysts Set New Price Targets

KEY has been the topic of a number of recent research reports. Argus increased their target price on KeyCorp from $21.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. The Goldman Sachs Group increased their price objective on KeyCorp from $25.00 to $26.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. JPMorgan Chase & Co. lifted their target price on KeyCorp from $22.00 to $24.50 and gave the stock a “neutral” rating in a report on Monday. DA Davidson set a $25.00 target price on shares of KeyCorp in a research report on Wednesday, January 21st. Finally, Evercore ISI raised their price target on shares of KeyCorp from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Twelve analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $23.03.

Insider Buying and Selling at KeyCorp

In other news, Director Trina M. Evans sold 32,695 shares of KeyCorp stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $21.74, for a total value of $710,789.30. Following the transaction, the director owned 58,719 shares in the company, valued at approximately $1,276,551.06. This trade represents a 35.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Andrew J. Paine III sold 65,961 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $23.23, for a total value of $1,532,274.03. Following the sale, the insider owned 166,583 shares of the company’s stock, valued at approximately $3,869,723.09. This represents a 28.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 161,506 shares of company stock valued at $3,597,481. 0.52% of the stock is currently owned by corporate insiders.

KeyCorp Trading Down 1.7%

KEY opened at $22.55 on Thursday. The stock has a market capitalization of $24.64 billion, a price-to-earnings ratio of 14.83, a P/E/G ratio of 0.56 and a beta of 1.10. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 0.55. KeyCorp has a twelve month low of $12.73 and a twelve month high of $23.34. The company has a 50-day simple moving average of $21.21 and a 200 day simple moving average of $19.25.

KeyCorp (NYSE:KEY) last issued its earnings results on Tuesday, January 20th. The financial services provider reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.95 billion. KeyCorp had a net margin of 15.97% and a return on equity of 10.28%. The business’s revenue for the quarter was up 131.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.30 EPS. Analysts predict that KeyCorp will post 1.5 EPS for the current fiscal year.

KeyCorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Tuesday, March 3rd will be paid a dividend of $0.205 per share. The ex-dividend date is Tuesday, March 3rd. This represents a $0.82 annualized dividend and a yield of 3.6%. KeyCorp’s dividend payout ratio is presently 53.95%.

About KeyCorp

KeyCorp is a bank holding company headquartered in Cleveland, Ohio, that operates through its primary banking subsidiary, KeyBank. It provides a broad range of banking and financial services to individual consumers, small businesses, middle-market companies and large corporations. KeyBank’s offerings span traditional deposit and lending products as well as more specialized financial solutions designed for commercial and institutional clients.

The company’s product and service mix includes retail banking products such as checking and savings accounts, consumer and residential mortgage lending, and auto financing.