Kennametal Inc. (NYSE:KMT) Receives $36.93 Consensus Target Price from Analysts

Shares of Kennametal Inc. (NYSE:KMT) have been assigned a consensus recommendation of “Reduce” from the nine ratings firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation and seven have issued a hold recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $36.9286.

Several analysts have recently weighed in on the stock. Jefferies Financial Group lowered 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. Barclays lifted their target price on shares of Kennametal from $28.00 to $40.00 and gave the company an “equal weight” rating in a research report on Monday, February 9th. UBS Group lifted their target price on shares of Kennametal from $32.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. The Goldman Sachs Group set a $32.00 target price on shares of Kennametal in a research report on Friday, February 6th. Finally, Morgan Stanley lifted their target price on shares of Kennametal from $29.00 to $36.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 10th.

Kennametal Stock Performance

NYSE:KMT opened at $36.12 on Monday. The firm’s 50-day moving average is $37.26 and its 200-day moving average is $34.11. Kennametal has a 52-week low of $17.62 and a 52-week high of $43.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.99 and a current ratio of 2.38. The company has a market cap of $2.75 billion, a price-to-earnings ratio of 20.41, a PEG ratio of 0.23 and a beta of 1.44.

Kennametal (NYSE:KMT) last posted its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.09. Kennametal had a net margin of 6.41% and a return on equity of 11.02%. The company had revenue of $592.59 million for the quarter, compared to the consensus estimate of $568.03 million. During the same quarter in the previous year, the firm posted $0.47 EPS. The business’s revenue was up 21.8% compared to the same quarter last year. Kennametal has set its FY 2026 guidance at 3.750-4.000 EPS. Equities research analysts anticipate that Kennametal will post 2.99 earnings per share for the current year.

Kennametal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 12th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, May 12th. Kennametal’s payout ratio is 45.20%.

Insider Buying and Selling at Kennametal

In other news, VP Carlonda R. Reilly sold 13,410 shares of Kennametal stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $36.31, for a total transaction of $486,917.10. Following the sale, the vice president directly owned 38,746 shares in the company, valued at approximately $1,406,867.26. The trade was a 25.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.43% of the company’s stock.

Institutional Trading of Kennametal

Several institutional investors have recently made changes to their positions in KMT. American Century Companies Inc. boosted its position in shares of Kennametal by 44.0% during the 3rd quarter. American Century Companies Inc. now owns 4,221,461 shares of the industrial products company’s stock valued at $88,355,000 after acquiring an additional 1,289,624 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Kennametal by 36.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,887,048 shares of the industrial products company’s stock valued at $39,496,000 after buying an additional 505,669 shares in the last quarter. Medina Value Partners LLC boosted its position in Kennametal by 72.7% in the fourth quarter. Medina Value Partners LLC now owns 968,294 shares of the industrial products company’s stock valued at $27,509,000 after buying an additional 407,487 shares in the last quarter. UBS Group AG boosted its position in Kennametal by 190.1% in the fourth 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 in the last quarter. Finally, Marshall Wace LLP boosted its position in Kennametal by 776.9% in the fourth 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 in the last quarter.

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.