Medina Value Partners LLC Makes New Investment in Kennametal Inc. $KMT

Medina Value Partners LLC bought a new stake in Kennametal Inc. (NYSE:KMT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,227,027 shares of the industrial products company’s stock, valued at approximately $43,007,296. Kennametal accounts for 0.0% of Medina Value Partners LLC’s portfolio, making the stock its biggest position. Medina Value Partners LLC owned 1.61% of Kennametal as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in KMT. Jupiter Topco LLC purchased a new stake in Kennametal in the second quarter worth approximately $1,194,000. Hsbc Holdings PLC acquired a new position in shares of Kennametal in the 2nd quarter valued at about $2,091,000. PDT Partners LLC acquired a new stake in shares of Kennametal in the 2nd quarter valued at about $1,631,000. Canada Pension Plan Investment Board bought a new stake in Kennametal in the second quarter valued at about $459,000. Finally, Legal & General Group Plc bought a new stake in shares of Kennametal during the second quarter worth $6,243,000.

Kennametal Price Performance

Shares of KMT stock traded down $0.69 during mid-day trading on Friday, hitting $29.52. The company had a trading volume of 824,917 shares, compared to its average volume of 1,399,627. Kennametal Inc. has a 52-week low of $20.35 and a 52-week high of $43.81. The company has a market capitalization of $2.25 billion, a P/E ratio of 6.71, a P/E/G ratio of 0.30 and a beta of 1.36. The stock’s 50 day moving average price is $33.33 and its 200-day moving average price is $35.88. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.62 and a quick ratio of 0.98.

Kennametal (NYSE:KMT) last announced its quarterly earnings results on Wednesday, August 5th. The industrial products company reported $2.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.65. Kennametal had a return on equity of 24.83% and a net margin of 14.53%.The company had revenue of $736.61 million during the quarter, compared to analyst estimates of $725.74 million. During the same quarter in the previous year, the firm posted $0.34 EPS. The firm’s quarterly revenue was up 42.6% on a year-over-year basis. Kennametal has set its Q1 2027 guidance at 2.500-2.800 EPS and its FY 2027 guidance at 4.150-5.150 EPS. Equities research analysts forecast that Kennametal Inc. will post 4.82 earnings per share for the current year.

Kennametal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, August 11th. Kennametal’s payout ratio is presently 18.18%.

Analyst Ratings Changes

A number of research firms recently commented on KMT. JPMorgan Chase & Co. lowered their price target on shares of Kennametal from $40.00 to $34.00 and set an “underweight” rating on the stock in a report on Monday, July 13th. UBS Group decreased their price target on Kennametal from $39.00 to $35.00 and set a “neutral” rating on the stock in a research note on Monday, August 10th. Jefferies Financial Group lowered Kennametal from a “buy” rating to a “hold” rating and set a $47.50 price target on the stock. in a research report on Thursday, May 7th. Barclays downgraded Kennametal from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $40.00 to $33.00 in a research report on Wednesday, May 27th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Kennametal in a research report on Monday, August 17th. Five equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $34.07.

Insider Buying and Selling

In other news, Director Sagar A. Patel sold 29,499 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $33.50, for a total transaction of $988,216.50. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Judith L. Bacchus sold 5,488 shares of Kennametal stock in a transaction on Monday, June 15th. The shares were sold at an average price of $35.94, for a total value of $197,238.72. Following the completion of the transaction, the vice president owned 4,554 shares of the company’s stock, valued at approximately $163,670.76. This trade represents a 54.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 47,000 shares of company stock valued at $1,583,326 over the last 90 days. Company insiders own 1.43% of the company’s stock.

Kennametal 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.