Kennametal Inc. $KMT Shares Purchased by Sei Investments Co.

Sei Investments Co. boosted its holdings in shares of Kennametal Inc. (NYSE:KMT) by 369.1% in the 1st quarter, Holdings Channel reports. The fund owned 182,164 shares of the industrial products company’s stock after acquiring an additional 143,331 shares during the quarter. Sei Investments Co.’s holdings in Kennametal were worth $6,582,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Kennametal by 36.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,887,048 shares of the industrial products company’s stock worth $39,496,000 after purchasing an additional 505,669 shares during the last quarter. Medina Value Partners LLC boosted its holdings in Kennametal by 72.7% in the 4th quarter. Medina Value Partners LLC now owns 968,294 shares of the industrial products company’s stock valued at $27,509,000 after purchasing an additional 407,487 shares during the last quarter. UBS Group AG grew its stake in shares of Kennametal by 190.1% in the 4th quarter. UBS Group AG now owns 538,321 shares of the industrial products company’s stock valued at $15,294,000 after buying an additional 352,726 shares during the period. Marshall Wace LLP grew its stake in shares of Kennametal by 776.9% in the 4th quarter. Marshall Wace LLP now owns 375,839 shares of the industrial products company’s stock valued at $10,678,000 after buying an additional 332,981 shares during the period. Finally, Cubist Systematic Strategies LLC increased its holdings in shares of Kennametal by 195.3% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 472,940 shares of the industrial products company’s stock worth $10,859,000 after buying an additional 312,769 shares during the last quarter.

Analyst Ratings Changes

Several analysts have recently commented on KMT shares. Weiss Ratings lowered shares of Kennametal from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 20th. Jefferies Financial Group cut shares of Kennametal from a “buy” rating to a “hold” rating and set a $47.50 target price on the stock. in a research report on Thursday, May 7th. DA Davidson began coverage on shares of Kennametal in a research note on Tuesday, June 16th. They set a “neutral” rating and a $34.00 target price for the company. JPMorgan Chase & Co. dropped their price target on shares of Kennametal from $40.00 to $34.00 and set an “underweight” rating for the company in a research report on Monday, July 13th. Finally, Barclays downgraded shares of Kennametal from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $40.00 to $33.00 in a research note on Wednesday, May 27th. Six investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and an average target price of $35.79.

Insider Buying and Selling

In related news, VP Judith L. Bacchus sold 5,488 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $35.94, for a total transaction of $197,238.72. Following the sale, the vice president directly owned 4,554 shares of the company’s stock, valued at $163,670.76. This represents a 54.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Carlonda R. Reilly sold 12,013 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $33.12, for a total transaction of $397,870.56. Following the sale, the vice president owned 25,143 shares in the company, valued at approximately $832,736.16. This trade represents a 32.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 47,000 shares of company stock valued at $1,583,326 in the last ninety days. Company insiders own 1.43% of the company’s stock.

Kennametal Price Performance

KMT stock opened at $34.87 on Tuesday. The business’s fifty day moving average price is $34.40 and its 200 day moving average price is $36.38. Kennametal Inc. has a 12-month low of $17.62 and a 12-month high of $43.81. The company has a current ratio of 2.38, a quick ratio of 0.99 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $2.66 billion, a PE ratio of 19.70, a P/E/G ratio of 0.46 and a beta of 1.36.

Kennametal (NYSE:KMT) last announced its earnings results on Wednesday, May 6th. The industrial products company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. The company had revenue of $592.59 million during the quarter, compared to analysts’ expectations of $568.03 million. Kennametal had a return on equity of 11.02% and a net margin of 6.41%.Kennametal’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same period last year, the business posted $0.47 EPS. Kennametal has set its FY 2026 guidance at 3.750-4.000 EPS. On average, sell-side analysts anticipate that Kennametal Inc. will post 3.23 EPS for the current year.

Kennametal Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Tuesday, August 11th will be issued a $0.20 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.3%. Kennametal’s payout ratio is 45.20%.

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.