Versor Investments LP Cuts Position in Kennametal Inc. $KMT

Versor Investments LP lowered its holdings in Kennametal Inc. (NYSE:KMT) by 74.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,600 shares of the industrial products company’s stock after selling 37,255 shares during the quarter. Versor Investments LP’s holdings in Kennametal were worth $264,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brandes Investment Partners LP increased its holdings in shares of Kennametal by 65.9% in the 2nd quarter. Brandes Investment Partners LP now owns 8,154,119 shares of the industrial products company’s stock valued at $187,219,000 after purchasing an additional 3,238,093 shares in the last quarter. American Century Companies Inc. grew its position in Kennametal by 5.5% during the second quarter. American Century Companies Inc. now owns 2,931,837 shares of the industrial products company’s stock worth $67,315,000 after buying an additional 153,469 shares during the period. Fisher Asset Management LLC increased its holdings in Kennametal by 10.1% in the second quarter. Fisher Asset Management LLC now owns 2,564,944 shares of the industrial products company’s stock valued at $58,891,000 after buying an additional 234,550 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Kennametal by 63.2% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,381,379 shares of the industrial products company’s stock valued at $31,716,000 after acquiring an additional 534,978 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of Kennametal by 1.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,089,641 shares of the industrial products company’s stock valued at $25,018,000 after acquiring an additional 14,451 shares during the period.

Kennametal Stock Up 0.6%

KMT opened at $39.54 on Friday. The firm has a market cap of $3.01 billion, a P/E ratio of 27.65, a PEG ratio of 0.67 and a beta of 1.50. The business’s fifty day simple moving average is $32.50 and its 200 day simple moving average is $26.31. Kennametal Inc. has a 52 week low of $17.30 and a 52 week high of $41.74. The company has a quick ratio of 1.14, a current ratio of 2.55 and a debt-to-equity ratio of 0.44.

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, beating analysts’ consensus estimates of $0.35 by $0.12. Kennametal had a net margin of 5.43% and a return on equity of 9.46%. The company had revenue of $529.53 million for the quarter, compared to analyst estimates of $514.70 million. During the same period in the prior year, the firm earned $0.25 EPS. The firm’s quarterly 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 research analysts anticipate that Kennametal Inc. will post 1.17 EPS for the current fiscal year.

Kennametal Dividend Announcement

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 dividend of $0.20 per share. The ex-dividend date is Tuesday, February 10th. This represents a $0.80 dividend on an annualized basis and a yield of 2.0%. Kennametal’s dividend payout ratio (DPR) is 55.94%.

Wall Street Analyst Weigh In

A number of analysts have commented on KMT shares. Morgan Stanley boosted their target price on Kennametal from $29.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Barclays lifted their price target on Kennametal from $28.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of Kennametal in a research report on Thursday, January 22nd. JPMorgan Chase & Co. raised their target price on shares of Kennametal from $25.00 to $37.00 and gave the company an “underweight” rating in a report on Wednesday, January 14th. Finally, Wall Street Zen upgraded shares of Kennametal from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 29th. One analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $34.67.

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.