Kennametal Inc. (NYSE:KMT) Given Average Rating of “Hold” by Analysts

Kennametal Inc. (NYSE:KMT) has been assigned an average recommendation of “Hold” from the eight analysts that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $31.50.

A number of equities analysts have recently commented on KMT shares. UBS Group raised their target price on shares of Kennametal from $32.00 to $39.00 and gave the company a “neutral” rating in a research note on Thursday. Zacks Research raised Kennametal from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 12th. JPMorgan Chase & Co. boosted their price objective on Kennametal from $25.00 to $37.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 14th. Morgan Stanley increased their target price on Kennametal from $27.00 to $29.00 and gave the company an “equal weight” rating in a research note on Monday, January 12th. Finally, Barclays raised their target price on Kennametal from $25.00 to $28.00 and gave the company an “equal weight” rating in a report on Wednesday, January 7th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of KMT. Vanguard Group Inc. increased its holdings in shares of Kennametal by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 9,001,984 shares of the industrial products company’s stock valued at $188,412,000 after acquiring an additional 155,566 shares during the last quarter. Brandes Investment Partners LP boosted its holdings in Kennametal by 65.9% in the second 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 during the period. American Century Companies Inc. boosted its holdings in 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 purchasing an additional 1,289,624 shares during the period. Fisher Asset Management LLC increased its stake in Kennametal by 10.1% during the second quarter. Fisher Asset Management LLC now owns 2,564,944 shares of the industrial products company’s stock valued at $58,891,000 after purchasing an additional 234,550 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Kennametal by 36.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,887,048 shares of the industrial products company’s stock worth $39,496,000 after purchasing an additional 505,669 shares during the period.

Kennametal Stock Up 5.3%

Shares of NYSE:KMT opened at $40.29 on Friday. The stock has a 50-day simple moving average of $31.25 and a 200-day simple moving average of $25.79. The stock has a market capitalization of $3.07 billion, a P/E ratio of 28.18, a PEG ratio of 3.23 and a beta of 1.50. Kennametal has a 1 year low of $17.30 and a 1 year high of $40.90. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.18 and a current ratio of 2.55.

Kennametal (NYSE:KMT) last posted its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.35 by $0.12. Kennametal had a net margin of 5.43% and a return on equity of 9.46%. The firm had revenue of $529.53 million for the quarter, compared to analyst estimates of $514.70 million. During the same quarter last year, the firm posted $0.25 earnings per share. Kennametal’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. Equities analysts forecast that Kennametal will post 1.17 earnings per share for the current year.

Kennametal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 24th. Investors 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 payout ratio is currently 65.57%.

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.