Quantinno Capital Management LP Has $1.70 Million Stock Holdings in Kennametal Inc. $KMT

Quantinno Capital Management LP raised its stake in Kennametal Inc. (NYSE:KMT) by 107.3% in the first quarter, Holdings Channel reports. The firm owned 46,906 shares of the industrial products company’s stock after acquiring an additional 24,281 shares during the quarter. Quantinno Capital Management LP’s holdings in Kennametal were worth $1,695,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its stake in shares of Kennametal by 2.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,750,538 shares of the industrial products company’s stock worth $134,964,000 after purchasing an additional 96,888 shares in the last quarter. State Street Corp boosted its holdings in shares of Kennametal by 0.3% in the 4th quarter. State Street Corp now owns 2,899,770 shares of the industrial products company’s stock valued at $82,382,000 after buying an additional 9,963 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Kennametal by 15.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,298,349 shares of the industrial products company’s stock valued at $83,039,000 after buying an additional 307,209 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Kennametal by 20.7% in the third quarter. Wellington Management Group LLP now owns 1,546,374 shares of the industrial products company’s stock valued at $32,366,000 after buying an additional 265,664 shares in the last quarter. Finally, Medina Value Partners LLC increased its holdings in Kennametal by 72.7% during the fourth quarter. Medina Value Partners LLC now owns 968,294 shares of the industrial products company’s stock worth $27,509,000 after buying an additional 407,487 shares during the last quarter.

Wall Street Analyst Weigh In

KMT has been the topic of several analyst reports. Barclays lowered shares of Kennametal from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $40.00 to $33.00 in a research report on Wednesday, May 27th. Jefferies Financial Group lowered shares of Kennametal from a “buy” rating to a “hold” rating and set a $47.50 price objective on the stock. in a research note on Thursday, May 7th. DA Davidson dropped their target price on shares of Kennametal from $34.00 to $30.00 and set a “neutral” rating on the stock in a report on Tuesday. UBS Group cut their target price on shares of Kennametal from $39.00 to $35.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Zacks Research cut Kennametal from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Five investment analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $34.07.

Kennametal Stock Up 2.2%

KMT opened at $30.90 on Thursday. Kennametal Inc. has a 1-year low of $20.35 and a 1-year high of $43.81. The stock’s fifty day simple moving average is $34.27 and its 200 day simple moving average is $36.32. The company has a current ratio of 2.62, a quick ratio of 0.98 and a debt-to-equity ratio of 0.42. The stock has a market cap of $2.35 billion, a PE ratio of 7.02, a price-to-earnings-growth ratio of 0.29 and a beta of 1.36.

Kennametal (NYSE:KMT) last released its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $2.96 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.65. Kennametal had a net margin of 14.53% and a return on equity of 24.83%. The firm had revenue of $736.61 million during the quarter, compared to analysts’ expectations of $725.74 million. During the same period in the previous year, the business posted $0.34 earnings per share. The company’s revenue for the quarter was up 42.6% compared to the same quarter last year. Kennametal has set its Q1 2027 guidance at 2.500-2.800 EPS and its FY 2027 guidance at 4.150-5.150 EPS. As a group, research analysts expect that Kennametal Inc. will post 4.99 earnings per share for the current year.

Kennametal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 11th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, August 11th. Kennametal’s dividend payout ratio (DPR) is currently 18.18%.

Insider Buying and Selling

In other Kennametal news, VP Carlonda R. Reilly sold 12,013 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $33.12, for a total value of $397,870.56. Following the transaction, the vice president directly owned 25,143 shares of the company’s stock, valued at $832,736.16. This represents a 32.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sagar A. Patel sold 29,499 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $33.50, for a total transaction of $988,216.50. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 47,000 shares of company stock valued at $1,583,326. Company insiders own 1.43% of the company’s stock.

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.