Kennametal Inc. (NYSE:KMT) Receives $35.79 Average Price Target from Brokerages

Shares of Kennametal Inc. (NYSE:KMT) have been assigned an average rating of “Reduce” from the nine ratings firms that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation and six have assigned a hold recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $35.7857.

A number of brokerages have commented on KMT. Barclays cut Kennametal from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $40.00 to $33.00 in a research note on Wednesday, May 27th. Zacks Research cut shares of Kennametal from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Jefferies Financial Group downgraded shares of Kennametal from a “buy” rating to a “hold” rating and set a $47.50 target price on the stock. in a research note on Thursday, May 7th. Morgan Stanley lowered their price target on shares of Kennametal from $36.00 to $31.00 and set an “equal weight” rating for the company in a report on Friday, July 17th. Finally, 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.

Insider Buying and Selling

In other Kennametal news, VP Judith L. Bacchus sold 5,488 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $35.94, for a total value of $197,238.72. Following the completion of the sale, the vice president owned 4,554 shares in the company, valued at approximately $163,670.76. This trade represents a 54.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Sagar A. Patel sold 29,499 shares of Kennametal stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $33.50, for a total value of $988,216.50. The disclosure for this sale is available in the SEC filing. Insiders have sold 47,000 shares of company stock valued at $1,583,326 over the last ninety days. 1.43% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in KMT. LSV Asset Management bought a new position in Kennametal in the fourth quarter worth about $2,290,000. Medina Value Partners LLC raised its position in shares of Kennametal by 72.7% in the 4th quarter. Medina Value Partners LLC now owns 968,294 shares of the industrial products company’s stock worth $27,509,000 after acquiring an additional 407,487 shares in the last quarter. UBS Group AG lifted 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 purchasing an additional 352,726 shares during the period. Steel Grove Capital Advisors LLC purchased a new stake in Kennametal in the fourth quarter worth $1,911,000. Finally, Cozad Asset Management Inc. purchased a new stake in Kennametal in the first quarter worth $1,228,000.

Kennametal Stock Performance

Kennametal stock opened at $33.93 on Friday. The company has a quick ratio of 0.99, a current ratio of 2.38 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $2.59 billion, a PE ratio of 19.17, a P/E/G ratio of 0.62 and a beta of 1.36. The firm has a fifty day simple moving average of $34.37 and a two-hundred day simple moving average of $36.40. Kennametal has a twelve month low of $17.62 and a twelve month high of $43.81.

Kennametal (NYSE:KMT) last announced its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $2.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.65. The firm had revenue of $736.61 million for the quarter, compared to analysts’ expectations of $725.74 million. Kennametal had a return on equity of 11.02% and a net margin of 6.41%.The company’s revenue for the quarter was up 42.6% compared to the same quarter last year. During the same period last year, the firm earned $0.34 earnings per share. Kennametal has set its Q1 2027 guidance at 2.500-2.800 EPS and its FY 2027 guidance at 4.150-5.150 EPS. Research analysts expect that Kennametal will post 3.23 EPS for the current year.

Kennametal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 11th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, August 11th. Kennametal’s dividend payout ratio is currently 45.20%.

Kennametal News Roundup

Here are the key news stories impacting Kennametal this week:

• Positive Sentiment: Fiscal fourth-quarter results exceeded expectations. Kennametal reported revenue of approximately $737 million, up 43% year over year on a reported basis and 42% organically. Adjusted EPS was a record $2.96, well above the $2.31 analyst consensus, compared with $0.34 a year earlier. Kennametal Reports Fiscal 2026 and Fourth Quarter Results
• Positive Sentiment: Fiscal-year performance also reached records. Fiscal 2026 EPS was $4.42, while adjusted EPS reached a record $4.57. Management attributed the performance to improving market conditions, increased volume and strategic growth initiatives. Kennametal Q4 2026 Earnings Call Transcript
• Positive Sentiment: Fiscal 2027 guidance was substantially above consensus. The company forecast first-quarter revenue of $745 million to $775 million and EPS of $2.50 to $2.80, versus estimates of $675 million and $1.09, respectively. Full-year revenue guidance of $3.3 billion to $3.5 billion and EPS guidance of $4.15 to $5.15 also exceeded consensus estimates of $2.7 billion and $3.78. Key Metrics for Kennametal Q4 Earnings
• Neutral Sentiment: The earnings release showed strong growth, but Kennametal’s reported net margin was 6.41% and return on equity was 11.02%. Investors may be assessing how sustainable the sharp year-over-year improvement will be as market conditions evolve. Kennametal Earnings Report

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.