Kennametal (NYSE:KMT) VP Sells $193,747.40 in Stock

Kennametal Inc. (NYSE:KMT) VP John Wayne Witt sold 5,060 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $38.29, for a total transaction of $193,747.40. Following the transaction, the vice president owned 1,634 shares in the company, valued at approximately $62,565.86. This trade represents a 75.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Kennametal Stock Up 2.5%

KMT stock opened at $39.60 on Monday. The company has a market cap of $3.02 billion, a price-to-earnings ratio of 27.69, a price-to-earnings-growth ratio of 0.68 and a beta of 1.50. The company has a fifty day moving average price of $33.52 and a 200 day moving average price of $26.86. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.55 and a quick ratio of 1.14. Kennametal Inc. has a 12 month low of $17.30 and a 12 month high of $41.74.

Kennametal (NYSE:KMT) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.12. Kennametal had a net margin of 5.43% and a return on equity of 9.46%. The company had revenue of $529.53 million for the quarter, compared to analyst estimates of $514.70 million. During the same period in the previous year, the business posted $0.25 earnings per share. Kennametal’s quarterly revenue was up 9.9% on a year-over-year basis. Kennametal has set its Q3 2026 guidance at 0.500-0.600 EPS and its FY 2026 guidance at 2.050-2.450 EPS. Sell-side analysts expect that Kennametal Inc. will post 1.17 earnings per share for the current year.

Kennametal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 24th. Shareholders of record on Tuesday, February 10th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, February 10th. Kennametal’s dividend payout ratio (DPR) is 55.94%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Kennametal in a research report on Thursday, January 22nd. JPMorgan Chase & Co. raised their target price on shares of Kennametal from $25.00 to $37.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group set a $32.00 price target on shares of Kennametal in a research note on Friday, February 6th. Zacks Research raised shares of Kennametal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 12th. Finally, Wall Street Zen raised Kennametal from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 29th. One research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Kennametal currently has a consensus rating of “Hold” and an average price target of $34.67.

Institutional Trading of Kennametal

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. OLD National Bancorp IN grew its position in Kennametal by 3.8% during the fourth quarter. OLD National Bancorp IN now owns 10,226 shares of the industrial products company’s stock worth $291,000 after buying an additional 377 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of Kennametal by 21.3% during the 3rd quarter. Smartleaf Asset Management LLC now owns 2,537 shares of the industrial products company’s stock valued at $53,000 after acquiring an additional 446 shares during the period. ProShare Advisors LLC boosted its stake in shares of Kennametal by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 14,799 shares of the industrial products company’s stock worth $420,000 after acquiring an additional 450 shares in the last quarter. ARK Investment Management LLC grew its holdings in shares of Kennametal by 16.6% in the 4th quarter. ARK Investment Management LLC now owns 3,210 shares of the industrial products company’s stock worth $91,000 after acquiring an additional 457 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in Kennametal by 8.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 6,159 shares of the industrial products company’s stock valued at $129,000 after purchasing an additional 461 shares in the last quarter.

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.