Dean Capital Management Buys 21,609 Shares of Kennametal Inc. $KMT

Dean Capital Management boosted its position in shares of Kennametal Inc. (NYSE:KMTFree Report) by 40.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,093 shares of the industrial products company’s stock after buying an additional 21,609 shares during the quarter. Dean Capital Management owned 0.10% of Kennametal worth $2,133,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. LSV Asset Management purchased a new stake in shares of Kennametal in the fourth quarter worth approximately $2,290,000. UBS Group AG boosted its holdings in Kennametal by 190.1% during the 4th quarter. UBS Group AG now owns 538,321 shares of the industrial products company’s stock valued at $15,294,000 after acquiring an additional 352,726 shares during the period. Medina Value Partners LLC boosted its holdings in Kennametal by 72.7% during the 4th quarter. Medina Value Partners LLC now owns 968,294 shares of the industrial products company’s stock valued at $27,509,000 after acquiring an additional 407,487 shares during the period. Steel Grove Capital Advisors LLC bought a new position in Kennametal in the 4th quarter valued at $1,911,000. Finally, Vanguard Group Inc. grew its position in 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.

Kennametal Trading Down 0.1%

KMT opened at $36.32 on Friday. The company has a quick ratio of 0.99, a current ratio of 2.38 and a debt-to-equity ratio of 0.43. The stock’s fifty day moving average is $36.54 and its two-hundred day moving average is $35.15. The company has a market capitalization of $2.77 billion, a P/E ratio of 20.52, a PEG ratio of 0.21 and a beta of 1.37. Kennametal Inc. has a 52 week low of $17.62 and a 52 week high of $43.81.

Kennametal (NYSE:KMTGet Free Report) last issued its earnings results on Wednesday, May 6th. The industrial products company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. Kennametal had a return on equity of 11.02% and a net margin of 6.41%.The business had revenue of $592.59 million during the quarter, compared to analysts’ expectations of $568.03 million. During the same period in the prior year, the business earned $0.47 EPS. The business’s revenue for the quarter was up 21.8% compared to the same quarter last year. Kennametal has set its FY 2026 guidance at 3.750-4.000 EPS. Analysts forecast that Kennametal Inc. will post 3.23 earnings per share for the current year.

Kennametal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Investors 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 dividend on an annualized basis and a yield of 2.2%. Kennametal’s dividend payout ratio is 45.20%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on KMT shares. Jefferies Financial Group downgraded Kennametal from a “buy” rating to a “hold” rating and set a $47.50 target price for the company. in a research report on Thursday, May 7th. DA Davidson started coverage on shares of Kennametal in a report on Tuesday. They issued a “neutral” rating and a $34.00 price target on the stock. Barclays cut shares of Kennametal from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $40.00 to $33.00 in a report on Wednesday, May 27th. Weiss Ratings downgraded shares of Kennametal from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 20th. Finally, Zacks Research lowered shares of Kennametal from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Seven equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $35.69.

Get Our Latest Stock Report on Kennametal

Insider Buying and Selling

In other Kennametal news, VP Judith L. Bacchus sold 5,488 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $35.94, for a total transaction of $197,238.72. Following the transaction, the vice president directly owned 4,554 shares in the company, valued at $163,670.76. This represents a 54.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Carlonda R. Reilly sold 12,013 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $33.12, for a total transaction of $397,870.56. Following the completion of the sale, the vice president owned 25,143 shares of the company’s stock, valued at approximately $832,736.16. This represents a 32.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 47,000 shares of company stock valued at $1,583,326 over the last three months. 1.43% of the stock is owned by company insiders.

Kennametal Profile

(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.

See Also

Institutional Ownership by Quarter for Kennametal (NYSE:KMT)

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