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

Kennametal Inc. (NYSE:KMT) VP Carlonda Reilly sold 13,410 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $36.31, for a total transaction of $486,917.10. Following the transaction, the vice president owned 38,746 shares of the company’s stock, valued at $1,406,867.26. This trade represents a 25.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kennametal Trading Up 5.9%

Shares of NYSE:KMT opened at $40.30 on Thursday. Kennametal Inc. has a 52 week low of $17.30 and a 52 week high of $42.03. The company’s 50 day moving average is $36.34 and its two-hundred day moving average is $28.54. The company has a market cap of $3.07 billion, a PE ratio of 28.18, a P/E/G ratio of 0.65 and a beta of 1.47. The company has a current ratio of 2.55, a quick ratio of 1.14 and a debt-to-equity ratio of 0.44.

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, topping the consensus estimate of $0.35 by $0.12. The business had revenue of $529.53 million during the quarter, compared to analysts’ expectations of $514.70 million. Kennametal had a net margin of 5.43% and a return on equity of 9.46%. The company’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the previous year, the company earned $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. Equities analysts predict that Kennametal Inc. will post 1.17 earnings per share for the current fiscal year.

Kennametal Dividend Announcement

The firm also recently disclosed 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. This represents a $0.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, February 10th. Kennametal’s dividend payout ratio is currently 55.94%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on KMT shares. UBS Group raised their target price on Kennametal from $32.00 to $39.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. The Goldman Sachs Group set a $32.00 price target on shares of Kennametal in a research note on Friday, February 6th. JPMorgan Chase & Co. boosted their price objective on shares of Kennametal from $25.00 to $37.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 14th. Barclays increased their target price on shares of Kennametal from $28.00 to $40.00 and gave the company an “equal weight” rating in a research report on Monday, February 9th. Finally, Zacks Research upgraded shares of Kennametal from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $34.67.

Institutional Investors Weigh In On Kennametal

Large investors have recently modified their holdings of the company. Corient Private Wealth LLC purchased a new position in shares of Kennametal during the fourth quarter worth approximately $217,000. DGS Capital Management LLC purchased a new stake in Kennametal in the 4th quarter valued at $236,000. Dean Capital Management boosted its stake in Kennametal by 40.4% during the 4th quarter. Dean Capital Management now owns 75,093 shares of the industrial products company’s stock worth $2,133,000 after purchasing an additional 21,609 shares during the period. Mercer Global Advisors Inc. ADV acquired a new stake in Kennametal during the 4th quarter worth $259,000. Finally, State of Tennessee Department of Treasury grew its position in Kennametal by 34.8% during 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 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.