Kennametal Inc. (NYSE:KMT) Given Consensus Recommendation of “Hold” by Analysts

Kennametal Inc. (NYSE:KMT) has earned a consensus recommendation of “Hold” from the seven brokerages that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $27.60.

KMT has been the subject of a number of research reports. Wall Street Zen upgraded Kennametal from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 29th. Zacks Research raised Kennametal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 12th. JPMorgan Chase & Co. lifted their target price on Kennametal from $22.00 to $25.00 and gave the stock an “underweight” rating in a research report on Friday, November 7th. UBS Group boosted their price target on Kennametal from $28.00 to $32.00 and gave the company a “neutral” rating in a report on Monday. Finally, Barclays raised their price objective on Kennametal from $25.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 7th.

Kennametal Stock Down 0.1%

Shares of NYSE:KMT opened at $30.71 on Tuesday. The firm has a market cap of $2.34 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 4.11 and a beta of 1.48. The company has a fifty day simple moving average of $28.00 and a 200 day simple moving average of $24.35. The company has a current ratio of 2.60, a quick ratio of 1.18 and a debt-to-equity ratio of 0.45. Kennametal has a 12-month low of $17.30 and a 12-month high of $31.35.

Kennametal (NYSE:KMT) last announced its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.10. The company had revenue of $497.97 million during the quarter, compared to analyst estimates of $477.68 million. Kennametal had a net margin of 4.76% and a return on equity of 8.35%. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period last year, the business earned $0.29 EPS. Kennametal has set its FY 2026 guidance at 1.350-1.650 EPS. On average, equities research analysts anticipate that Kennametal will post 1.17 EPS for the current fiscal year.

Kennametal Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Monday, November 10th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, November 10th. Kennametal’s dividend payout ratio (DPR) is presently 65.57%.

Institutional Investors Weigh In On Kennametal

A number of institutional investors have recently modified their holdings of KMT. Ameritas Advisory Services LLC bought a new stake in Kennametal during the 2nd quarter valued at $27,000. Hantz Financial Services Inc. increased its holdings in shares of Kennametal by 350.2% during the third quarter. Hantz Financial Services Inc. now owns 1,373 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 1,068 shares during the period. Headlands Technologies LLC raised its stake in shares of Kennametal by 80.7% during the second quarter. Headlands Technologies LLC now owns 1,527 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 682 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of Kennametal by 116.2% during the second quarter. Nomura Asset Management Co. Ltd. now owns 1,600 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 860 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in Kennametal by 142.3% in the second quarter. Smartleaf Asset Management LLC now owns 2,091 shares of the industrial products company’s stock worth $48,000 after purchasing an additional 1,228 shares during the period.

About Kennametal

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.