Kennametal (NYSE:KMT) Issues Q3 2026 Earnings Guidance

Kennametal (NYSE:KMT) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.500-0.600 for the period, compared to the consensus earnings per share estimate of 0.520. The company issued revenue guidance of $545.0 million-$565.0 million, compared to the consensus revenue estimate of $534.6 million. Kennametal also updated its FY 2026 guidance to 2.050-2.450 EPS.

Kennametal Stock Up 10.2%

KMT traded up $3.64 during trading on Wednesday, hitting $39.40. The company had a trading volume of 1,234,363 shares, compared to its average volume of 1,104,186. The company has a market capitalization of $3.00 billion, a PE ratio of 32.34, a PEG ratio of 4.22 and a beta of 1.50. Kennametal has a one year low of $17.30 and a one year high of $40.90. The firm’s 50-day moving average price is $30.57 and its 200 day moving average price is $25.51. The company has a quick ratio of 1.18, a current ratio of 2.60 and a debt-to-equity ratio of 0.45.

Kennametal (NYSE:KMT) last released its earnings results on Wednesday, February 4th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.12. Kennametal had a return on equity of 8.35% and a net margin of 4.76%.The firm had revenue of $529.53 million during the quarter, compared to analysts’ expectations of $514.70 million. During the same quarter in the prior year, the company earned $0.25 EPS. The company’s revenue was up 9.9% on a year-over-year basis. Kennametal has set its Q3 2026 guidance at 0.500-0.600 EPS and its FY 2026 guidance at 2.050-2.450 EPS. As a group, equities analysts expect that Kennametal will post 1.17 earnings per share for the current year.

Kennametal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 24th. Investors of record on Tuesday, February 10th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, February 10th. Kennametal’s dividend payout ratio (DPR) is currently 65.57%.

Analyst Ratings Changes

A number of equities analysts have weighed in on KMT shares. Barclays upped their price target on Kennametal from $25.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 7th. Wall Street Zen raised shares of Kennametal from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 29th. Zacks Research upgraded shares of Kennametal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 12th. Morgan Stanley raised their target price on shares of Kennametal from $27.00 to $29.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. Finally, UBS Group boosted their price target on shares of Kennametal from $28.00 to $32.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $29.67.

More Kennametal News

Here are the key news stories impacting Kennametal this week:

• Positive Sentiment: Q2 results beat and outlook raised — Kennametal reported stronger-than-expected revenue, adjusted EPS, and operating income, and raised its full-year sales and adjusted EPS outlook; this is the primary driver of today’s share strength. Kennametal Announces Fiscal 2026 Second Quarter Results
• Positive Sentiment: Earnings and revenue confirmed by market write-ups — Coverage from Zacks and MarketBeat highlights the beat (EPS $0.47 vs $0.35 est.) and the ~10% revenue gain, reinforcing analyst attention and buy-side interest. Kennametal (KMT) Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Analyst attention on industrial strength — Sector pieces identify Kennametal among industrial names poised to outpace estimates, which can attract momentum and institutional interest. 3 Industrial Stocks Set to Outpace Q4 Earnings Estimates
• Neutral Sentiment: Capital allocation and dividend discussion — Commentary examines Kennametal’s steady dividend and how the company is prioritizing capital allocation (dividend vs. buybacks/investment); useful for longer-term investors but unlikely to move the stock as much as the earnings beat. Does Kennametal’s (KMT) Steady Dividend and Revenue Outlook Reveal Its True Capital Allocation Priorities?
• Neutral Sentiment: Metric deep-dive and disclosures available — Analyst notes and the company’s press materials/slide deck provide detail on margins, ROE, and the impact of buy‑ahead tungsten demand; these details matter for model adjustments but are more incremental. Compared to Estimates, Kennametal (KMT) Q2 Earnings: A Look at Key Metrics

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Headlands Technologies LLC lifted its stake in Kennametal by 80.7% in the 2nd quarter. Headlands Technologies LLC now owns 1,527 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 682 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Kennametal by 142.3% in the second quarter. Smartleaf Asset Management LLC now owns 2,091 shares of the industrial products company’s stock valued at $48,000 after buying an additional 1,228 shares during the period. Tower Research Capital LLC TRC raised its stake in Kennametal by 318.1% in the second quarter. Tower Research Capital LLC TRC now owns 7,033 shares of the industrial products company’s stock valued at $161,000 after buying an additional 5,351 shares during the period. Cerity Partners LLC acquired a new stake in shares of Kennametal in the second quarter valued at approximately $257,000. Finally, Osaic Holdings Inc. boosted its stake in shares of Kennametal by 322.3% during the 2nd quarter. Osaic Holdings Inc. now owns 11,352 shares of the industrial products company’s stock worth $261,000 after acquiring an additional 8,664 shares during the period.

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.