Kennametal Inc. $KMT Shares Acquired by American Century Companies Inc.

American Century Companies Inc. increased its holdings in Kennametal Inc. (NYSE:KMT) by 44.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,221,461 shares of the industrial products company’s stock after purchasing an additional 1,289,624 shares during the period. American Century Companies Inc. owned 5.55% of Kennametal worth $88,355,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in KMT. Royal Bank of Canada boosted its holdings in shares of Kennametal by 17.7% in the 1st quarter. Royal Bank of Canada now owns 30,474 shares of the industrial products company’s stock valued at $649,000 after purchasing an additional 4,578 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Kennametal by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,307 shares of the industrial products company’s stock worth $986,000 after buying an additional 2,013 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Kennametal by 13.2% in 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 valued at $5,124,000 after acquiring an additional 28,020 shares during the last quarter. Jane Street Group LLC grew its position in Kennametal by 39.3% during the first quarter. Jane Street Group LLC now owns 229,903 shares of the industrial products company’s stock valued at $4,897,000 after acquiring an additional 64,907 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in Kennametal by 19.9% during the second quarter. Envestnet Asset Management Inc. now owns 68,900 shares of the industrial products company’s stock worth $1,582,000 after acquiring an additional 11,419 shares during the last quarter.

Insider Buying and Selling at Kennametal

In related news, VP John Wayne Witt sold 5,060 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $38.29, for a total value of $193,747.40. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.43% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

KMT has been the topic of a number of recent research reports. UBS Group boosted their price objective on Kennametal from $32.00 to $39.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Morgan Stanley boosted their price target on Kennametal from $29.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 10th. The Goldman Sachs Group set a $32.00 price target on Kennametal in a report on Friday, February 6th. Wall Street Zen upgraded shares of Kennametal from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 29th. Finally, Weiss Ratings upgraded shares of Kennametal from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $34.67.

Kennametal Stock Down 1.1%

Shares of Kennametal stock opened at $40.54 on Wednesday. The stock has a market capitalization of $3.09 billion, a price-to-earnings ratio of 28.35, a PEG ratio of 0.70 and a beta of 1.47. Kennametal Inc. has a twelve month low of $17.30 and a twelve month high of $41.74. The company has a current ratio of 2.55, a quick ratio of 1.14 and a debt-to-equity ratio of 0.44. The business’s 50 day simple moving average is $35.11 and its 200-day simple moving average is $27.82.

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

Kennametal Dividend Announcement

The company also recently declared 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. The ex-dividend date was Tuesday, February 10th. This represents a $0.80 annualized dividend and a dividend yield of 2.0%. Kennametal’s dividend payout ratio is currently 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.