Kennametal Inc. (NYSE:KMT) Receives $34.67 Consensus PT from Analysts

Kennametal Inc. (NYSE:KMT) has received a consensus rating of “Hold” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $34.6667.

KMT has been the subject of a number of recent analyst reports. UBS Group raised their price objective on shares of Kennametal from $32.00 to $39.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Weiss Ratings upgraded Kennametal from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 24th. Morgan Stanley lifted their price target on Kennametal from $29.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, February 10th. The Goldman Sachs Group set a $32.00 price objective on Kennametal in a research note on Friday, February 6th. Finally, JPMorgan Chase & Co. lifted their target price on Kennametal from $25.00 to $37.00 and gave the company an “underweight” rating in a research note on Wednesday, January 14th.

Kennametal Price Performance

NYSE KMT opened at $36.00 on Friday. 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 has a 1 year low of $17.30 and a 1 year high of $42.03. The company has a market cap of $2.74 billion, a PE ratio of 25.18, a PEG ratio of 0.62 and a beta of 1.48. The stock’s 50-day moving average price is $37.78 and its two-hundred day moving average price is $30.14.

Kennametal (NYSE:KMT) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.35 by $0.12. The company 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 business’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the company posted $0.25 earnings per share. Kennametal has set its Q3 2026 guidance at 0.500-0.600 EPS and its FY 2026 guidance at 2.050-2.450 EPS. On average, analysts predict that Kennametal will post 1.17 EPS for the current year.

Kennametal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 24th. Shareholders of record on Tuesday, February 10th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.2%. The ex-dividend date was Tuesday, February 10th. Kennametal’s dividend payout ratio is currently 55.94%.

Insider Buying and Selling

In other Kennametal news, VP Carlonda R. Reilly sold 13,410 shares of the stock in a transaction that occurred 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 completion of the sale, the vice president owned 38,746 shares in the company, valued at $1,406,867.26. This represents a 25.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP John Wayne Witt sold 5,060 shares of Kennametal stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $38.29, for a total transaction of $193,747.40. Following the sale, the vice president directly owned 1,634 shares of the company’s stock, valued at $62,565.86. This trade represents a 75.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.43% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. OLD National Bancorp IN increased its position in Kennametal by 3.8% in the 4th quarter. OLD National Bancorp IN now owns 10,226 shares of the industrial products company’s stock worth $291,000 after purchasing an additional 377 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Kennametal by 21.3% during the 3rd quarter. Smartleaf Asset Management LLC now owns 2,537 shares of the industrial products company’s stock valued at $53,000 after buying an additional 446 shares during the last quarter. ProShare Advisors LLC lifted its holdings in shares of Kennametal by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 14,799 shares of the industrial products company’s stock valued at $420,000 after buying an additional 450 shares during the last quarter. ARK Investment Management LLC grew its stake in shares of Kennametal by 16.6% in the 4th quarter. ARK Investment Management LLC now owns 3,210 shares of the industrial products company’s stock valued at $91,000 after buying an additional 457 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of Kennametal by 8.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 6,159 shares of the industrial products company’s stock valued at $129,000 after buying an additional 461 shares in the last quarter.

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.