Insider Selling: Kennametal (NYSE:KMT) VP Sells 5,060 Shares of Stock

February 21, 2026 by InsiderTrades.com

Key Points

VP John Wayne Witt sold 5,060 shares on Feb. 19 at an average price of $38.29 for about $193,747, reducing his stake by 75.59% to 1,634 shares, per an SEC filing.
Kennametal beat estimates for the latest quarter with $0.47 EPS (vs. $0.35 expected) and $529.53M revenue, and set Q3 FY2026 guidance of $0.500–0.600 EPS and FY2026 guidance of $2.050–2.450 EPS.
The company declared a $0.20 quarterly dividend (annualized $0.80, ~2.0% yield), payable Feb. 24 to shareholders of record Feb. 10, with a payout ratio around 55.94%.

Kennametal Inc. (NYSE:KMT - Get Free Report) VP John Wayne Witt sold 5,060 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $38.29, for a total transaction of $193,747.40. Following the completion of the transaction, the vice president directly owned 1,634 shares of the company's stock, valued at approximately $62,565.86. The trade was a 75.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Kennametal Stock Performance

Shares of NYSE:KMT opened at $39.60 on Friday. The company has a current ratio of 2.55, a quick ratio of 1.14 and a debt-to-equity ratio of 0.44. The firm's 50-day moving average is $33.52 and its 200 day moving average is $26.80. Kennametal Inc. has a 12 month low of $17.30 and a 12 month high of $41.74. The company has a market capitalization of $3.02 billion, a price-to-earnings ratio of 27.69, a PEG ratio of 0.66 and a beta of 1.50.

Kennametal (NYSE:KMT - Get Free Report) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.12. Kennametal had a net margin of 5.43% and a return on equity of 9.46%. The business had revenue of $529.53 million for the quarter, compared to the consensus estimate of $514.70 million. During the same period in the prior year, the firm earned $0.25 EPS. The company's revenue for the quarter was up 9.9% compared to the same quarter last year. Kennametal has set its Q3 2026 guidance at 0.500-0.600 EPS and its FY 2026 guidance at 2.050-2.450 EPS. Research analysts predict that Kennametal Inc. will post 1.17 EPS for the current year.

Kennametal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 24th. Shareholders of record on Tuesday, February 10th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, February 10th. Kennametal's dividend payout ratio (DPR) is currently 55.94%.

Institutional Investors Weigh In On Kennametal

Hedge funds have recently modified their holdings of the stock. Royal Bank of Canada boosted its position in shares of Kennametal by 17.7% in the 1st quarter. Royal Bank of Canada now owns 30,474 shares of the industrial products company's stock worth $649,000 after buying an additional 4,578 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Kennametal by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,307 shares of the industrial products company's stock valued at $986,000 after purchasing an additional 2,013 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Kennametal by 13.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 240,556 shares of the industrial products company's stock valued at $5,124,000 after purchasing an additional 28,020 shares during the period. Jane Street Group LLC increased its stake in Kennametal by 39.3% during the 1st quarter. Jane Street Group LLC now owns 229,903 shares of the industrial products company's stock worth $4,897,000 after buying an additional 64,907 shares during the period. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in shares of Kennametal in the second quarter worth about $205,000.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. UBS Group increased their price target on Kennametal from $32.00 to $39.00 and gave the stock a "neutral" rating in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Kennametal in a report on Thursday, January 22nd. Barclays lifted their price target on Kennametal from $28.00 to $40.00 and gave the stock an "equal weight" rating in a research note on Monday, February 9th. Zacks Research raised shares of Kennametal from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, November 12th. Finally, Morgan Stanley raised their target price on Kennametal from $29.00 to $36.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Kennametal presently has an average rating of "Hold" and an average target price of $34.67.

View Our Latest Report on KMT

About Kennametal

(Get Free Report)

Kennametal Inc is a global industrial technology company that designs and manufactures advanced materials, tooling systems, and engineered components for a range of demanding applications. Its solutions support precision metalworking, earthmoving, and wear-resistant environments, catering to customers seeking enhanced productivity, longer tool life, and reduced operating costs.

The company's product portfolio spans indexable cutting tools, solid round tools, tool holders, metalworking fluid systems, wear parts, ceramics and composites, and custom-engineered components.