Kennametal (NYSE:KMT) VP Carlonda Reilly Sells 13,410 Shares

Kennametal Inc. (NYSE:KMT) VP Carlonda Reilly sold 13,410 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $36.31, for a total value of $486,917.10. Following 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. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Kennametal Stock Performance

Shares of NYSE KMT traded down $0.20 during trading on Tuesday, reaching $38.02. 920,306 shares of the stock traded hands, compared to its average volume of 1,522,346. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.55 and a quick ratio of 1.14. The stock has a market capitalization of $2.90 billion, a P/E ratio of 26.59, a price-to-earnings-growth ratio of 0.63 and a beta of 1.47. Kennametal Inc. has a 52-week low of $17.30 and a 52-week high of $42.03. The company has a 50-day moving average of $35.92 and a 200-day moving average of $28.34.

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 analysts’ consensus estimates of $0.35 by $0.12. The business had revenue of $529.53 million for the quarter, compared to analysts’ expectations of $514.70 million. Kennametal had a return on equity of 9.46% and a net margin of 5.43%.The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.25 EPS. 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 Inc. will post 1.17 EPS for the current fiscal year.

Kennametal Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 24th. Investors of record on Tuesday, February 10th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Tuesday, February 10th. Kennametal’s dividend payout ratio is presently 55.94%.

Institutional Trading of Kennametal

A number of institutional investors have recently made changes to their positions in the stock. Corient Private Wealth LLC bought a new position in shares of Kennametal during the fourth quarter valued at approximately $217,000. DGS Capital Management LLC bought a new stake in Kennametal in the fourth quarter valued at $236,000. Dean Capital Management increased its position in Kennametal by 40.4% during the 4th quarter. Dean Capital Management now owns 75,093 shares of the industrial products company’s stock valued at $2,133,000 after purchasing an additional 21,609 shares during the period. Mercer Global Advisors Inc. ADV purchased a new position in Kennametal during the 4th quarter valued at $259,000. Finally, State of Tennessee Department of Treasury raised its holdings in Kennametal by 34.8% in the 4th quarter. State of Tennessee Department of Treasury now owns 45,745 shares of the industrial products company’s stock worth $1,300,000 after purchasing an additional 11,805 shares in the last quarter.

Analyst Upgrades and Downgrades

KMT has been the topic of a number of analyst reports. UBS Group boosted their target price on shares of Kennametal from $32.00 to $39.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Barclays lifted their target price on Kennametal from $28.00 to $40.00 and gave the company an “equal weight” rating in a report on Monday, February 9th. The Goldman Sachs Group set a $32.00 price objective on shares of Kennametal in a research report on Friday, February 6th. JPMorgan Chase & Co. upped their target price on shares of Kennametal from $25.00 to $37.00 and gave the stock an “underweight” rating in a report on Wednesday, January 14th. Finally, Zacks Research raised shares of Kennametal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 12th. One 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $34.67.

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.