Kennametal Inc. (NYSE:KMT) Given Average Recommendation of “Hold” by Brokerages

Kennametal Inc. (NYSE:KMT) has received a consensus recommendation of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $34.6667.

Several equities analysts have commented on KMT shares. JPMorgan Chase & Co. raised their target price on shares of Kennametal from $25.00 to $37.00 and gave the company an “underweight” rating in a research note on Wednesday, January 14th. Zacks Research raised shares of Kennametal from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th. Barclays raised their target price on Kennametal from $28.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Monday, February 9th. Morgan Stanley upped their price objective on shares of Kennametal from $29.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 10th. Finally, UBS Group upped their target price on Kennametal from $32.00 to $39.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th.

Kennametal Stock Performance

NYSE:KMT opened at $40.54 on Wednesday. Kennametal has a twelve month low of $17.30 and a twelve month high of $41.74. The firm’s fifty day simple moving average is $35.11 and its 200 day simple moving average is $27.82. 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 has a market capitalization of $3.09 billion, a price-to-earnings ratio of 28.35, a PEG ratio of 0.70 and a beta of 1.47.

Kennametal (NYSE:KMT) last released its quarterly earnings results 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 business had revenue of $529.53 million during the quarter, compared to the consensus estimate of $514.70 million. Kennametal had a net margin of 5.43% and a return on equity of 9.46%. The business’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.25 earnings per share. Kennametal has set its Q3 2026 guidance at 0.500-0.600 EPS and its FY 2026 guidance at 2.050-2.450 EPS. As a group, equities research analysts expect that Kennametal will post 1.17 earnings per share for the current fiscal year.

Kennametal Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 24th. Shareholders of record on Tuesday, February 10th were issued a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $0.80 dividend on an annualized basis and a yield of 2.0%. Kennametal’s dividend payout ratio is 55.94%.

Insider Activity at Kennametal

In related news, 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 value of $193,747.40. Following the completion of the transaction, the vice president owned 1,634 shares of the company’s stock, valued at $62,565.86. This represents a 75.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.43% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of KMT. Kohmann Bosshard Financial Services LLC bought a new position in shares of Kennametal in the 4th quarter worth $28,000. Danske Bank A S acquired a new position in Kennametal during the fourth quarter valued at approximately $31,000. Hantz Financial Services Inc. boosted its holdings in shares of Kennametal by 350.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,373 shares of the industrial products company’s stock valued at $29,000 after buying an additional 1,068 shares during the last quarter. Headlands Technologies LLC grew its holdings in Kennametal by 80.7% during the second quarter. Headlands Technologies LLC now owns 1,527 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 682 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of Kennametal by 116.2% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 1,600 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 860 shares during the period.

Kennametal Company Profile

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.