Insider Selling: Kennametal (NYSE:KMT) VP Sells 5,488 Shares of Stock

June 17, 2026 by InsiderTrades.com

Key Points

Kennametal VP Judith Bacchus sold 5,488 shares on June 15 at an average price of $35.94, for proceeds of about $197,239. After the sale, she held 4,554 shares, a 54.65% reduction in her position.
The company recently reported stronger-than-expected quarterly results, posting EPS of $0.77 versus the $0.68 consensus and revenue of $592.6 million versus estimates of $568.0 million. Revenue rose 21.8% year over year.
Analyst sentiment remains cautious, with MarketBeat reporting a consensus rating of “Reduce” and a price target of $35.69. Several firms recently downgraded the stock, though JPMorgan lifted its target to $40.00.

Kennametal Inc. (NYSE:KMT - Get Free Report) VP Judith Bacchus sold 5,488 shares of the firm's stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $35.94, for a total value of $197,238.72. Following the transaction, the vice president owned 4,554 shares of the company's stock, valued at approximately $163,670.76. The trade was a 54.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Kennametal Trading Up 2.6%

KMT opened at $36.49 on Wednesday. The firm has a market cap of $2.78 billion, a P/E ratio of 20.62, a P/E/G ratio of 0.23 and a beta of 1.37. Kennametal Inc. has a 12 month low of $17.62 and a 12 month high of $43.81. The company has a current ratio of 2.38, a quick ratio of 0.99 and a debt-to-equity ratio of 0.43. The stock has a 50-day moving average of $36.53 and a 200 day moving average of $35.03.

Kennametal (NYSE:KMT - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. The company had revenue of $592.59 million during the quarter, compared to analyst estimates of $568.03 million. Kennametal had a return on equity of 11.02% and a net margin of 6.41%.The firm's revenue was up 21.8% on a year-over-year basis. During the same quarter last year, the business posted $0.47 earnings per share. Kennametal has set its FY 2026 guidance at 3.750-4.000 EPS. As a group, research analysts forecast that Kennametal Inc. will post 2.99 EPS for the current year.

Kennametal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 12th were paid a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.80 annualized dividend and a yield of 2.2%. Kennametal's dividend payout ratio (DPR) is presently 45.20%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Kennametal from $37.00 to $40.00 and gave the stock an "underweight" rating in a research note on Thursday, May 7th. Weiss Ratings downgraded shares of Kennametal from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, May 20th. DA Davidson raised shares of Kennametal to a "hold" rating and set a $34.00 price objective for the company in a research note on Tuesday. Barclays downgraded shares of Kennametal from an "equal weight" rating to an "underweight" rating and decreased their price target for the company from $40.00 to $33.00 in a research note on Wednesday, May 27th. Finally, Jefferies Financial Group downgraded shares of Kennametal from a "buy" rating to a "hold" rating and set a $47.50 price target for the company. in a research note on Thursday, May 7th. Seven research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of $35.69.

Read Our Latest Report on KMT

Institutional Trading of Kennametal

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in Kennametal by 1.8% during the third quarter. Vanguard Group Inc. now owns 9,001,984 shares of the industrial products company's stock valued at $188,412,000 after buying an additional 155,566 shares during the period. Dimensional Fund Advisors LP increased its holdings in Kennametal by 2.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,750,538 shares of the industrial products company's stock valued at $134,964,000 after buying an additional 96,888 shares during the period. American Century Companies Inc. increased its holdings in Kennametal by 44.0% during the third quarter. American Century Companies Inc. now owns 4,221,461 shares of the industrial products company's stock valued at $88,355,000 after buying an additional 1,289,624 shares during the period. State Street Corp increased its holdings in Kennametal by 0.3% during the fourth quarter. State Street Corp now owns 2,899,770 shares of the industrial products company's stock valued at $82,382,000 after buying an additional 9,963 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Kennametal by 15.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,298,349 shares of the industrial products company's stock valued at $83,039,000 after buying an additional 307,209 shares during the period.

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.