Key Points
- VP Carlonda Reilly sold 13,410 shares at an average price of $36.31 for a total of $486,917.10, reducing her stake by 25.71% to 38,746 shares, according to an SEC filing.
- Kennametal beat the quarter with $0.47 EPS (vs. $0.35 est.) and $529.53M revenue, and provided guidance of $0.500–0.600 for Q3 2026 and $2.050–2.450 for FY2026.
- The company pays a quarterly dividend of $0.20 ($0.80 annualized, ~2.1% yield) while analysts on average rate the stock a "Hold" with an average price target of $34.67.
Kennametal Inc. (NYSE:KMT - Get Free Report) VP Carlonda Reilly sold 13,410 shares of the company's stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $36.31, for a total transaction of $486,917.10. Following the transaction, the vice president directly owned 38,746 shares of the company's stock, valued at approximately $1,406,867.26. This trade represents a 25.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Kennametal Stock Down 0.5%
NYSE KMT opened at $38.02 on Wednesday. The business's 50-day moving average is $36.11 and its 200 day moving average is $28.46. The stock has a market capitalization of $2.90 billion, a PE ratio of 26.59, a PEG ratio of 0.65 and a beta of 1.47. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.55 and a quick ratio of 1.14. Kennametal Inc. has a 1 year low of $17.30 and a 1 year high of $42.03.
Kennametal (NYSE:KMT - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.12. The firm had revenue of $529.53 million for the quarter, compared to analyst estimates of $514.70 million. Kennametal had a return on equity of 9.46% and a net margin of 5.43%.The business's quarterly revenue was up 9.9% compared to the same quarter last year. During the same period last year, the company earned $0.25 EPS. Kennametal has set its Q3 2026 guidance at 0.500-0.600 EPS and its FY 2026 guidance at 2.050-2.450 EPS. Sell-side analysts forecast that Kennametal Inc. will post 1.17 earnings per share for the current year.
Kennametal Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, February 24th. Stockholders of record on Tuesday, February 10th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, February 10th. Kennametal's dividend payout ratio (DPR) is currently 55.94%.
Analysts Set New Price Targets
Several analysts have commented on KMT shares. Weiss Ratings upgraded shares of Kennametal from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, February 24th. The Goldman Sachs Group set a $32.00 price target on Kennametal in a research report on Friday, February 6th. Morgan Stanley increased their price objective on Kennametal from $29.00 to $36.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 10th. Barclays upped their target price on shares of Kennametal from $28.00 to $40.00 and gave the stock an "equal weight" rating in a research report on Monday, February 9th. Finally, Zacks Research raised shares of Kennametal from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Kennametal presently has an average rating of "Hold" and an average price target of $34.67.
Check Out Our Latest Report on KMT
Hedge Funds Weigh In On Kennametal
Large investors have recently modified their holdings of the stock. Brandes Investment Partners LP boosted its stake in Kennametal by 65.9% in the 2nd quarter. Brandes Investment Partners LP now owns 8,154,119 shares of the industrial products company's stock worth $187,219,000 after purchasing an additional 3,238,093 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Kennametal by 44.0% in the third quarter. American Century Companies Inc. now owns 4,221,461 shares of the industrial products company's stock worth $88,355,000 after buying an additional 1,289,624 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Kennametal by 63.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,381,379 shares of the industrial products company's stock worth $31,716,000 after buying an additional 534,978 shares in the last quarter. Medina Value Partners LLC grew its holdings in shares of Kennametal by 72.7% during the fourth quarter. Medina Value Partners LLC now owns 968,294 shares of the industrial products company's stock valued at $27,509,000 after buying an additional 407,487 shares during the last quarter. Finally, Apollo Management Holdings L.P. bought a new stake in shares of Kennametal during the second quarter valued at approximately $8,794,000.
Kennametal Company Profile
(
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.
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