Kennametal Inc. (NYSE:KMT) Receives Average Recommendation of “Hold” from Brokerages

Kennametal Inc. (NYSE:KMT) has been given a consensus rating of “Hold” by the eight analysts that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $34.6667.

Several analysts have recently commented on KMT shares. UBS Group increased their price target on shares of Kennametal from $32.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Barclays upped their target price on Kennametal from $28.00 to $40.00 and gave the company an “equal weight” rating in a research note on Monday, February 9th. Zacks Research raised Kennametal from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 12th. Weiss Ratings upgraded Kennametal from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 24th. Finally, Wall Street Zen raised Kennametal from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 29th.

Kennametal Stock Performance

NYSE KMT opened at $40.54 on Wednesday. The business has a 50 day moving average price of $35.11 and a 200 day moving average price of $27.82. The company has a market capitalization of $3.09 billion, a P/E ratio of 28.35, a PEG ratio of 0.70 and a beta of 1.47. Kennametal has a 1-year low of $17.30 and a 1-year high of $41.74. 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 (NYSE:KMT) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.12. The company had revenue of $529.53 million for 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%.Kennametal’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. Sell-side analysts expect that Kennametal will post 1.17 EPS for the current fiscal year.

Kennametal Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 24th. Shareholders of record on Tuesday, February 10th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, February 10th. Kennametal’s dividend payout ratio (DPR) is currently 55.94%.

Insider Activity at Kennametal

In other news, VP John Wayne Witt sold 5,060 shares of the business’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 transaction, the vice president owned 1,634 shares of the company’s stock, valued at $62,565.86. The trade was a 75.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.43% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. OLD National Bancorp IN boosted its holdings in shares of 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 purchasing an additional 377 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Kennametal by 21.3% during the third quarter. Smartleaf Asset Management LLC now owns 2,537 shares of the industrial products company’s stock worth $53,000 after buying an additional 446 shares during the period. ProShare Advisors LLC lifted its position in Kennametal by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 14,799 shares of the industrial products company’s stock worth $420,000 after buying an additional 450 shares during the period. ARK Investment Management LLC boosted its stake in 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 buying an additional 457 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings 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 buying an additional 461 shares during the period.

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.