Dana Investment Advisors Inc. Has $6.44 Million Stock Position in Kennametal Inc. $KMT

Dana Investment Advisors Inc. grew its position in Kennametal Inc. (NYSE:KMT) by 38.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 307,544 shares of the industrial products company’s stock after acquiring an additional 85,032 shares during the quarter. Dana Investment Advisors Inc. owned 0.40% of Kennametal worth $6,437,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. GSA Capital Partners LLP acquired a new position in shares of Kennametal in the third quarter valued at $335,000. M&G PLC increased its holdings in Kennametal by 16.9% in the 3rd quarter. M&G PLC now owns 394,648 shares of the industrial products company’s stock valued at $8,288,000 after buying an additional 57,069 shares during the period. Vanguard Group Inc. raised its stake 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 buying an additional 155,566 shares in the last quarter. State of New Jersey Common Pension Fund D raised its stake in shares of Kennametal by 15.5% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 102,214 shares of the industrial products company’s stock valued at $2,139,000 after buying an additional 13,706 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Kennametal by 8.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 6,159 shares of the industrial products company’s stock worth $129,000 after acquiring an additional 461 shares during the period.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Zacks Research raised shares of Kennametal from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Kennametal in a report on Thursday, January 22nd. 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. UBS Group upped their price target on Kennametal from $32.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Finally, Wall Street Zen raised Kennametal from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $34.67.

Insider Activity at Kennametal

In related news, VP John Wayne Witt sold 5,060 shares of the firm’s stock in a transaction that occurred on 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 sale, the vice president owned 1,634 shares of the company’s stock, valued at $62,565.86. This trade represents a 75.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.43% of the stock is owned by company insiders.

Kennametal Trading Up 2.7%

Shares of KMT opened at $40.10 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.14 and a current ratio of 2.55. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 28.04, a PEG ratio of 0.67 and a beta of 1.50. The stock has a fifty day moving average price of $33.94 and a two-hundred day moving average price of $27.13. Kennametal Inc. has a 52-week low of $17.30 and a 52-week high of $41.74.

Kennametal (NYSE:KMT) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.12. The company had revenue of $529.53 million during the quarter, compared to analyst estimates of $514.70 million. Kennametal had a return on equity of 9.46% and a net margin of 5.43%.The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period last year, the company posted $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. Analysts predict that Kennametal Inc. will post 1.17 EPS for the current fiscal year.

Kennametal Dividend Announcement

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

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.