Kennametal Inc. (NYSE:KMT) Receives Consensus Rating of “Hold” from Analysts

Shares of Kennametal Inc. (NYSE:KMT) have been assigned an average recommendation of “Hold” from the eight research firms that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $34.6667.

A number of equities research analysts recently commented on KMT shares. UBS Group raised their price objective 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. JPMorgan Chase & Co. increased their target price on Kennametal from $25.00 to $37.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 14th. Weiss Ratings upgraded Kennametal from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 24th. Morgan Stanley upped their price objective on Kennametal from $29.00 to $36.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 10th. Finally, Barclays increased their price objective on Kennametal from $28.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Monday, February 9th.

Kennametal Trading Up 1.1%

Shares of Kennametal stock opened at $36.02 on Friday. The company has a market capitalization of $2.74 billion, a P/E ratio of 25.19, a PEG ratio of 0.62 and a beta of 1.47. Kennametal has a 1 year low of $17.30 and a 1 year high of $42.03. The company’s fifty day moving average is $37.64 and its two-hundred day moving average is $29.79. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.14 and a current ratio of 2.55.

Kennametal (NYSE:KMT) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $514.70 million. During the same period in the previous year, the company posted $0.25 EPS. Kennametal’s revenue 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. Analysts forecast that Kennametal will post 1.17 earnings per share for the current year.

Kennametal Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 24th. Stockholders of record on Tuesday, February 10th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Tuesday, February 10th. Kennametal’s dividend payout ratio (DPR) is currently 55.94%.

Insider Activity

In related news, VP John Wayne Witt sold 5,060 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $38.29, for a total transaction of $193,747.40. Following the sale, the vice president owned 1,634 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which is available at this link. Also, VP Carlonda R. Reilly sold 13,410 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $36.31, for a total transaction of $486,917.10. Following the completion of the transaction, the vice president directly owned 38,746 shares of the company’s stock, valued at approximately $1,406,867.26. This trade represents a 25.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.43% of the stock is owned by company insiders.

Hedge Funds Weigh In On Kennametal

Several hedge funds have recently bought and sold shares of KMT. Royal Bank of Canada raised its holdings in Kennametal by 17.7% during the first quarter. Royal Bank of Canada now owns 30,474 shares of the industrial products company’s stock worth $649,000 after purchasing an additional 4,578 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in 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 valued at $986,000 after purchasing 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% 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 buying an additional 28,020 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Kennametal by 39.3% during the 1st quarter. Jane Street Group LLC now owns 229,903 shares of the industrial products company’s stock worth $4,897,000 after buying an additional 64,907 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Kennametal by 89.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,698 shares of the industrial products company’s stock worth $131,000 after buying an additional 2,692 shares during 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.