Andrew Paine III Sells 65,961 Shares of KeyCorp (NYSE:KEY) Stock

KeyCorp (NYSE:KEY) insider Andrew Paine III sold 65,961 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $23.23, for a total value of $1,532,274.03. Following the transaction, the insider owned 166,583 shares of the company’s stock, valued at approximately $3,869,723.09. The trade was a 28.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

KeyCorp Price Performance

KEY traded down $0.06 during trading hours on Tuesday, hitting $22.95. The company’s stock had a trading volume of 11,439,455 shares, compared to its average volume of 15,400,864. The stock has a market cap of $25.08 billion, a price-to-earnings ratio of 15.10, a P/E/G ratio of 0.56 and a beta of 1.10. The business’s 50-day moving average price is $21.13 and its 200-day moving average price is $19.23. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.55. KeyCorp has a 12 month low of $12.73 and a 12 month high of $23.34.

KeyCorp (NYSE:KEY) last issued its quarterly earnings data on Tuesday, January 20th. The financial services provider reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $1.95 billion. KeyCorp had a return on equity of 10.28% and a net margin of 15.97%.The firm’s revenue for the quarter was up 131.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.30 earnings per share. Sell-side analysts expect that KeyCorp will post 1.5 earnings per share for the current fiscal year.

KeyCorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Tuesday, March 3rd will be given a $0.205 dividend. The ex-dividend date is Tuesday, March 3rd. This represents a $0.82 dividend on an annualized basis and a yield of 3.6%. KeyCorp’s dividend payout ratio (DPR) is currently 53.95%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Activest Wealth Management lifted its holdings in shares of KeyCorp by 8,775.0% in the 2nd quarter. Activest Wealth Management now owns 1,420 shares of the financial services provider’s stock worth $25,000 after buying an additional 1,404 shares during the period. United Community Bank purchased a new stake in KeyCorp in the third quarter worth about $27,000. Maseco LLP bought a new position in KeyCorp during the 4th quarter worth about $27,000. GoalVest Advisory LLC bought a new position in KeyCorp during the 4th quarter worth about $30,000. Finally, Smithfield Trust Co purchased a new position in KeyCorp during the 4th quarter valued at about $31,000. 79.69% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting KeyCorp

Here are the key news stories impacting KeyCorp this week:

• Positive Sentiment: Analyst upgrade pushed KEY to a one‑year high after a coverage change, which helped lift sentiment and may support further upside. Article Title
• Positive Sentiment: JPMorgan raised its price target from $22.00 to $24.50 (still “neutral”), implying roughly a 6–7% upside from current levels — a concrete near‑term catalyst for buyers. Article Title
• Positive Sentiment: Activist HoldCo said it will not pursue proxy fights at KeyCorp after the bank agreed to several requested changes, removing near‑term governance uncertainty and easing activist pressure. Article Title
• Positive Sentiment: KeyBank expanded its middle‑market offering by hiring a five‑person family office/private capital team, signaling growth emphasis in higher‑margin commercial businesses. Article Title
• Neutral Sentiment: Management presentations at UBS (and transcript) reiterated strategy, capital return priorities and recent financial results — useful for modeling but contained no new, market‑moving guidance. Article Title Transcript
• Neutral Sentiment: Bank of America conference transcript covered similar themes — execution on commercial growth and capital management — reinforcing the narrative but not creating an immediate swing. Article Title

Wall Street Analysts Forecast Growth

KEY has been the topic of several recent analyst reports. Piper Sandler increased their target price on shares of KeyCorp from $20.00 to $22.00 and gave the company an “overweight” rating in a research note on Tuesday, December 9th. Stephens increased their price objective on shares of KeyCorp from $21.00 to $23.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Jefferies Financial Group boosted their target price on KeyCorp from $19.00 to $22.00 and gave the company a “hold” rating in a research report on Wednesday, December 10th. Wells Fargo & Company set a $18.00 target price on KeyCorp and gave the company an “underperform” rating in a research note on Tuesday, January 6th. Finally, Evercore raised their price target on KeyCorp from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Twelve investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, KeyCorp currently has an average rating of “Hold” and an average target price of $23.03.

KeyCorp Company Profile

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.