Thrivent Financial for Lutherans Has $2.79 Million Holdings in KeyCorp $KEY

Posted by Brenda Bartman on May 25th, 2026

Thrivent Financial for Lutherans lessened its holdings in KeyCorp (NYSE:KEY – Free Report) by 97.4% during the fourth quarter, HoldingsChannel reports. The fund owned 135,117 shares of the financial services provider’s stock after selling 4,985,159 shares during the quarter. Thrivent Financial for Lutherans’ holdings in KeyCorp were worth $2,788,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in KEY. United Community Bank acquired a new stake in shares of KeyCorp in the 3rd quarter worth about $27,000. Maseco LLP acquired a new stake in shares of KeyCorp in the 4th quarter worth about $27,000. GoalVest Advisory LLC acquired a new stake in shares of KeyCorp in the 4th quarter worth about $30,000. Kelleher Financial Advisors acquired a new stake in shares of KeyCorp in the 3rd quarter worth about $32,000. Finally, True Wealth Design LLC raised its holdings in shares of KeyCorp by 1,263.5% in the 4th quarter. True Wealth Design LLC now owns 1,718 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 1,592 shares during the last quarter. Institutional investors and hedge funds own 79.69% of the company’s stock.

Insider Buying and Selling

In other KeyCorp news, insider Angela G. Mago sold 22,826 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $21.66, for a total transaction of $494,411.16. Following the sale, the insider directly owned 281,564 shares of the company’s stock, valued at $6,098,676.24. This represents a 7.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.56% of the stock is currently owned by company insiders.

KeyCorp Price Performance

Shares of NYSE KEY opened at $21.59 on Monday. The stock has a fifty day simple moving average of $20.89 and a two-hundred day simple moving average of $20.55. KeyCorp has a 1-year low of $15.28 and a 1-year high of $23.34. The firm has a market cap of $23.40 billion, a price-to-earnings ratio of 13.24, a price-to-earnings-growth ratio of 0.69 and a beta of 1.06. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.62.

KeyCorp (NYSE:KEY – Get Free Report) last announced its quarterly earnings data on Thursday, April 16th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.93 billion. KeyCorp had a return on equity of 10.80% and a net margin of 17.03%.The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.38 EPS. Analysts anticipate that KeyCorp will post 1.82 earnings per share for the current year.

KeyCorp announced that its board has initiated a share repurchase program on Wednesday, May 13th that authorizes the company to buyback $3.00 billion in shares. This buyback authorization authorizes the financial services provider to purchase up to 13% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

KeyCorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Tuesday, June 2nd will be issued a dividend of $0.205 per share. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $0.82 annualized dividend and a yield of 3.8%. KeyCorp’s dividend payout ratio is 50.31%.

Analyst Ratings Changes

Several equities research analysts have commented on KEY shares. Jefferies Financial Group increased their price objective on shares of KeyCorp from $21.00 to $23.00 and gave the company a “hold” rating in a research note on Friday, April 17th. Evercore reiterated an “outperform” rating on shares of KeyCorp in a research note on Tuesday, April 21st. Truist Financial decreased their price objective on shares of KeyCorp from $23.00 to $22.00 and set a “hold” rating for the company in a research note on Monday, March 23rd. The Goldman Sachs Group increased their price objective on shares of KeyCorp from $25.00 to $26.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, Wall Street Zen lowered shares of KeyCorp from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, KeyCorp presently has an average rating of “Moderate Buy” and a consensus price target of $42.78.

Check Out Our Latest Report on KeyCorp

KeyCorp Profile

(Free Report)

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.