John Wayne Witt Sells 5,060 Shares of Kennametal (NYSE:KMT) Stock

Kennametal Inc. (NYSE:KMT) VP John Wayne Witt sold 5,060 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $38.29, for a total transaction of $193,747.40. Following the completion of the sale, the vice president owned 1,634 shares of the company’s stock, valued at $62,565.86. The trade was a 75.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Kennametal Stock Up 1.4%

Shares of NYSE KMT traded up $0.53 during trading on Friday, hitting $39.15. 432,084 shares of the company traded hands, compared to its average volume of 1,480,911. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 27.42, a P/E/G ratio of 0.66 and a beta of 1.50. The business’s fifty day moving average is $33.32 and its 200 day moving average is $26.70. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.14 and a current ratio of 2.55. Kennametal Inc. has a fifty-two week low of $17.30 and a fifty-two week high of $41.74.

Kennametal (NYSE:KMT) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.35 by $0.12. Kennametal had a return on equity of 9.46% and a net margin of 5.43%.The company had revenue of $529.53 million during the quarter, compared to the consensus estimate of $514.70 million. During the same period last year, the business posted $0.25 EPS. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. 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 research analysts predict that Kennametal Inc. will post 1.17 earnings per share for the current fiscal year.

Kennametal Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 24th. Stockholders of record on Tuesday, February 10th will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, February 10th. This represents a $0.80 annualized dividend and a dividend yield of 2.0%. Kennametal’s payout ratio is currently 55.94%.

Hedge Funds Weigh In On Kennametal

Several hedge funds have recently modified their holdings of KMT. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Kennametal in the 4th quarter worth about $28,000. Hantz Financial Services Inc. grew its position in shares of Kennametal by 350.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,373 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 1,068 shares during the period. Danske Bank A S purchased a new stake in shares of Kennametal during the 4th quarter worth approximately $31,000. Headlands Technologies LLC grew its holdings in Kennametal by 80.7% during the second 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 period. Finally, Nomura Asset Management Co. Ltd. grew its holdings in Kennametal by 116.2% during the second quarter. Nomura Asset Management Co. Ltd. now owns 1,600 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 860 shares during the period.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on KMT shares. The Goldman Sachs Group set a $32.00 price target on shares of Kennametal in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kennametal in a research note on Thursday, January 22nd. JPMorgan Chase & Co. boosted their target price 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. Wall Street Zen raised shares of Kennametal from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 29th. Finally, Zacks Research raised Kennametal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Kennametal 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.