Kennametal Inc. (NYSE:KMT) Receives Average Rating of “Hold” from Analysts

Kennametal Inc. (NYSE:KMT) has received an average recommendation of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $27.60.

A number of equities analysts have recently weighed in on KMT shares. Morgan Stanley boosted their price objective on shares of Kennametal from $27.00 to $29.00 and gave the company an “equal weight” rating in a research report on Monday. UBS Group lifted their target price on shares of Kennametal from $28.00 to $32.00 and gave the stock a “neutral” rating in a research note on Monday. Wall Street Zen raised Kennametal from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 29th. Barclays raised their price objective on Kennametal from $25.00 to $28.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 7th. Finally, Zacks Research upgraded Kennametal from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th.

Institutional Investors Weigh In On Kennametal

Several hedge funds have recently modified their holdings of the stock. Apollo Management Holdings L.P. acquired a new stake in shares of Kennametal during the second quarter valued at about $8,794,000. JPMorgan Chase & Co. lifted its stake in shares of Kennametal by 33.4% in the second quarter. JPMorgan Chase & Co. now owns 739,836 shares of the industrial products company’s stock worth $16,987,000 after acquiring an additional 185,207 shares in the last quarter. Wakefield Asset Management LLLP purchased a new position in Kennametal in the second quarter valued at about $1,163,000. Arrowstreet Capital Limited Partnership boosted its holdings in Kennametal by 63.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,381,379 shares of the industrial products company’s stock valued at $31,716,000 after purchasing an additional 534,978 shares during the last quarter. Finally, Azarias Capital Management L.P. grew its stake in Kennametal by 31.8% during the 3rd quarter. Azarias Capital Management L.P. now owns 364,357 shares of the industrial products company’s stock valued at $7,626,000 after purchasing an additional 87,906 shares in the last quarter.

Kennametal Stock Performance

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

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

Kennametal Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Monday, November 10th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.6%. Kennametal’s dividend payout ratio is currently 65.57%.

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.