Kennametal (NYSE:KMT) Issues Q1 2027 Earnings Guidance

Kennametal (NYSE:KMT) updated its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.500-2.800 for the period, compared to the consensus earnings per share estimate of 1.090. The company issued revenue guidance of $745.0 million-$775.0 million, compared to the consensus revenue estimate of $675.0 million. Kennametal also updated its FY 2027 guidance to 4.150-5.150 EPS.

Kennametal Price Performance

Shares of NYSE KMT traded down $0.50 during trading on Friday, hitting $33.35. The company had a trading volume of 508,245 shares, compared to its average volume of 1,371,330. Kennametal has a 52 week low of $19.80 and a 52 week high of $43.81. The business’s 50-day moving average is $34.37 and its 200 day moving average is $36.40. The company has a market cap of $2.54 billion, a P/E ratio of 7.58, a PEG ratio of 0.35 and a beta of 1.36. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.99 and a current ratio of 2.62.

Kennametal (NYSE:KMT) last released its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $2.96 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.65. The business had revenue of $736.61 million during the quarter, compared to analyst estimates of $725.74 million. Kennametal had a return on equity of 24.83% and a net margin of 14.53%.The company’s revenue was up 42.6% compared to the same quarter last year. During the same period last year, the company posted $0.34 EPS. Kennametal has set its Q1 2027 guidance at 2.500-2.800 EPS and its FY 2027 guidance at 4.150-5.150 EPS. Equities research analysts predict that Kennametal will post 4.65 earnings per share for the current fiscal year.

Kennametal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Tuesday, August 11th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.80 dividend on an annualized basis and a yield of 2.4%. Kennametal’s dividend payout ratio (DPR) is currently 45.20%.

Analyst Ratings Changes

A number of research firms have commented on KMT. DA Davidson assumed coverage on shares of Kennametal in a research note on Tuesday, June 16th. They set a “neutral” rating and a $34.00 price objective for the company. Weiss Ratings lowered shares of Kennametal from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 20th. Jefferies Financial Group downgraded shares of Kennametal from a “buy” rating to a “hold” rating and set a $47.50 price target for the company. in a research report on Thursday, May 7th. JPMorgan Chase & Co. lowered their price objective on shares of Kennametal from $40.00 to $34.00 and set an “underweight” rating on the stock in a research report on Monday, July 13th. Finally, Zacks Research downgraded shares of Kennametal from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Six research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $35.79.

Insider Transactions at Kennametal

In related news, VP Carlonda R. Reilly sold 12,013 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $33.12, for a total transaction of $397,870.56. Following the completion of the sale, the vice president directly owned 25,143 shares in the company, valued at approximately $832,736.16. This trade represents a 32.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sagar A. Patel sold 29,499 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $33.50, for a total transaction of $988,216.50. The disclosure for this sale is available in the SEC filing. Insiders sold 47,000 shares of company stock valued at $1,583,326 over the last three months. 1.43% of the stock is owned by corporate insiders.

Institutional Trading of Kennametal

A number of institutional investors have recently bought and sold shares of the company. Corient Private Wealth LLC acquired a new stake in shares of Kennametal during the 4th quarter valued at about $217,000. Mercer Global Advisors Inc. ADV acquired a new position in Kennametal in the fourth quarter worth approximately $259,000. Cetera Investment Advisers acquired a new position in Kennametal in the fourth quarter worth approximately $217,000. Walleye Trading LLC bought a new position in Kennametal during the fourth quarter valued at approximately $228,000. Finally, Inspire Advisors LLC bought a new position in Kennametal during the fourth quarter valued at approximately $262,000.

Kennametal Company Profile

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.