JPMorgan Chase & Co. Issues Positive Forecast for Kennametal (NYSE:KMT) Stock Price

Kennametal (NYSE:KMT) had its price target boosted by JPMorgan Chase & Co. from $25.00 to $37.00 in a report issued on Wednesday,Benzinga reports. JPMorgan Chase & Co. currently has an underweight rating on the industrial products company’s stock.

Several other analysts have also commented on KMT. Barclays raised their target price on Kennametal from $25.00 to $28.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 7th. UBS Group raised their price objective on shares of Kennametal from $28.00 to $32.00 and gave the stock a “neutral” rating in a research note on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kennametal in a report on Wednesday, October 8th. Wall Street Zen raised shares of Kennametal from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 29th. Finally, Zacks Research upgraded shares of Kennametal from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 12th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $30.00.

Kennametal Stock Up 0.6%

KMT stock opened at $33.47 on Wednesday. The company has a market capitalization of $2.55 billion, a P/E ratio of 27.43, a price-to-earnings-growth ratio of 4.31 and a beta of 1.48. Kennametal has a 12 month low of $17.30 and a 12 month high of $34.14. The firm’s fifty day simple moving average is $28.39 and its 200-day simple moving average is $24.49. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.60 and a quick ratio of 1.18.

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

Kennametal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Monday, November 10th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Monday, November 10th. Kennametal’s dividend payout ratio (DPR) is presently 65.57%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in Kennametal by 17.7% in the 1st quarter. Royal Bank of Canada now owns 30,474 shares of the industrial products company’s stock worth $649,000 after buying an additional 4,578 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Kennametal by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,307 shares of the industrial products company’s stock worth $986,000 after acquiring an additional 2,013 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Kennametal by 13.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 240,556 shares of the industrial products company’s stock worth $5,124,000 after purchasing an additional 28,020 shares in the last quarter. Jane Street Group LLC raised its stake in Kennametal by 39.3% in the 1st quarter. Jane Street Group LLC now owns 229,903 shares of the industrial products company’s stock valued at $4,897,000 after purchasing an additional 64,907 shares during the last quarter. Finally, Voya Investment Management LLC raised its stake in Kennametal by 15.2% in the 1st quarter. Voya Investment Management LLC now owns 221,153 shares of the industrial products company’s stock valued at $4,711,000 after purchasing an additional 29,203 shares during the last quarter.

Kennametal News Roundup

Here are the key news stories impacting Kennametal this week:

• Positive Sentiment: JPMorgan raised its price target for KMT from $25 to $37 (while keeping an “underweight” rating) — the new target implies roughly a 10%+ upside from the current level, which likely helped buying interest. Benzinga
• Positive Sentiment: Zacks flagged an 8.3% surge on higher‑than‑average volume and noted that recent earnings estimate revisions could support further gains — momentum and volume spikes often attract short‑term investor attention. Kennametal (KMT) Surges 8.3%
• Positive Sentiment: Coverage highlighting KMT as a momentum and sector outperformer has been prominent this week, supporting investor interest and contributing to new highs. Is Kennametal (KMT) Outperforming Other Industrial Products Stocks This Year?
• Neutral Sentiment: Kennametal confirmed its Q2 FY2026 earnings call/webcast for Feb. 4 — a scheduled catalyst that could produce further volatility depending on results and guidance. Earnings Conference Call & Webcast
• Neutral Sentiment: Aggregated analyst coverage stories (e.g., a 7‑analyst roundup and Zacks pieces on long‑term momentum) provide broader context but include mixed views — useful for gauging consensus but not definitive near‑term signals. What 7 Analyst Ratings Have To Say About Kennametal
• Negative Sentiment: Some published targets remain below the current share price — e.g., a reported target of $28.43 — and a consensus analyst recommendation of “Hold” limits upside conviction for more conservative investors. Kennametal (KMT) price target increased by 10.40% to 28.43

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.