KeyCorp Shares Drop 1.36% Amid TTEK Institutional Moves as $300M Volume Ranks 338th

KeyCorp (KEY) declined 1.36% on August 11, 2025, with a trading volume of $0.30 billion, ranking 338th in market activity. The stock's performance coincided with institutional investor activity and analyst updates involving Tetra Tech, a company covered by KeyCorp in its research.

A review of recent filings revealed mixed institutional activity in Tetra Tech (TTEK). Neumeier Poma Investment Counsel LLC reduced its stake in TTEK by 21.9% during Q1, while other firms like Praxis Investment Management and SG Americas Securities significantly increased holdings. Institutional ownership of TTEK remains at 93.89%, reflecting strong institutional confidence in the industrial services firm.

KeyCorp recently raised its price target for TTEK from $41 to $43 and assigned an "overweight" rating in an August 1 research note. This adjustment followed TTEK's Q2 earnings beat of $0.43 per share and a 1.9% year-over-year revenue increase. Analysts on Wall Street also upgraded TTEK to "buy" ratings, contributing to its "Moderate Buy" consensus.

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