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Kennametal (KMT) News Today

$24.89
-0.38 (-1.50%)
(As of 05/28/2024 ET)
Kennametal Facility Damaged by Arkansas Tornado
Jump Financial LLC Sells 70,200 Shares of Kennametal Inc. (NYSE:KMT)
Jump Financial LLC reduced its position in Kennametal Inc. (NYSE:KMT - Free Report) by 86.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,100 shares of the industrial products company's stock after se
Kennametal (NYSE:KMT) Trading Down 5.9%
Kennametal (NYSE:KMT) Stock Price Down 5.9%
Kennametal Inc. (NYSE:KMT) Given Average Recommendation of "Reduce" by Brokerages
Shares of Kennametal Inc. (NYSE:KMT - Get Free Report) have received an average rating of "Reduce" from the five brokerages that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation and three have given a hold recommend
Kennametal (NYSE:KMT) Price Target Raised to $24.00 at Loop Capital
Loop Capital increased their target price on Kennametal from $23.00 to $24.00 and gave the stock a "hold" rating in a research note on Thursday.
Charles Schwab Investment Management Inc. Purchases 34,880 Shares of Kennametal Inc. (NYSE:KMT)
Charles Schwab Investment Management Inc. grew its holdings in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,214,902 shares of
Quest Partners LLC Makes New $1.01 Million Investment in Kennametal Inc. (NYSE:KMT)
Quest Partners LLC purchased a new position in Kennametal Inc. (NYSE:KMT - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 39,145 shares of the industrial products company's stock, valued at approximat
Brandes Investment Partners LP Purchases 820,864 Shares of Kennametal Inc. (NYSE:KMT)
Brandes Investment Partners LP increased its stake in Kennametal Inc. (NYSE:KMT - Free Report) by 1,186.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 890,034 shares of the industrial products company's st
Kennametal Inc. Announces Quarterly Dividend of $0.20 (NYSE:KMT)
Kennametal Inc. (NYSE:KMT) declared a quarterly dividend on Tuesday, April 30th. Stockholders of record on Tuesday, May 14th will be given a dividend of 0.20 per share by the industrial products company on Tuesday, May 28th. This represents a $0.80 annualized dividend and a dividend yield of 3.08%. The ex-dividend date is Monday, May 13th.
Kennametal (NYSE:KMT) Posts Earnings Results, Misses Expectations By $0.01 EPS
Kennametal (NYSE:KMT - Get Free Report) issued its quarterly earnings results on Wednesday. The industrial products company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.01). The business had revenue of $515.80 million during the quarter, compared to analyst estimates of $518.50 million. Kennametal had a net margin of 5.86% and a return on equity of 9.94%. The company's revenue was down 3.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.39 earnings per share.
Kennametal (NYSE:KMT) Given New $25.00 Price Target at Barclays
Barclays lifted their price objective on Kennametal from $24.00 to $25.00 and gave the stock an "equal weight" rating in a report on Thursday.
Kennametal (NYSE:KMT) Issues FY 2024 Earnings Guidance
Kennametal (NYSE:KMT) updated its FY 2024 earnings guidance. The company provided EPS guidance of 1.400-1.550 for the period, compared to the consensus estimate of 1.480. The company also issued revenue guidance of $2.0 billionillion-$2.1 billionillion, compared to the consensus estimate of $2.1 billionillion.
Kennametal Inc. Q3 Profit Drops, Inline With Estimates
What Wall Street expects from Kennametal's earnings
Fisher Asset Management LLC Sells 534,071 Shares of Kennametal Inc. (NYSE:KMT)
Fisher Asset Management LLC cut its holdings in Kennametal Inc. (NYSE:KMT - Free Report) by 20.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,039,680 shares of the industrial products company's stock after sell
Kennametal (NYSE:KMT) Lifted to "Buy" at StockNews.com
StockNews.com raised Kennametal from a "hold" rating to a "buy" rating in a research report on Tuesday.
Louisiana State Employees Retirement System Purchases New Position in Kennametal Inc. (NYSE:KMT)
Louisiana State Employees Retirement System purchased a new stake in shares of Kennametal Inc. (NYSE:KMT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 39,800 shares of the industrial products company's
Kennametal Inc. (NYSE:KMT) Position Lessened by SG Americas Securities LLC
SG Americas Securities LLC reduced its stake in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 94.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,218 shares of the industrial products company
What Makes Kennametal (KMT) an Investment Opportunity?
What 4 Analyst Ratings Have To Say About Kennametal
Kennametal (NYSE:KMT) PT Lowered to $24.00
Barclays reduced their price target on shares of Kennametal from $25.00 to $24.00 and set an "equal weight" rating for the company in a research note on Tuesday.
American Century Companies Inc. Reduces Holdings in Kennametal Inc. (NYSE:KMT)
American Century Companies Inc. reduced its holdings in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 6.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 943,461 shares of the industrial products com
Kennametal (NYSE:KMT) Rating Lowered to Hold at StockNews.com
StockNews.com lowered shares of Kennametal from a "buy" rating to a "hold" rating in a research report on Tuesday.
Public Sector Pension Investment Board Sells 43,967 Shares of Kennametal Inc. (NYSE:KMT)
Public Sector Pension Investment Board lessened its position in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 30.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,522 shares of th
Wellington Management Group LLP Has $97.91 Million Stock Position in Kennametal Inc. (NYSE:KMT)
Wellington Management Group LLP lessened its holdings in Kennametal Inc. (NYSE:KMT - Free Report) by 12.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,935,272 shares of the industrial products company's stock
KMT Oct 2024 25.000 call
KMT Apr 2024 30.000 call
Kennametal Names Sanjay Chowbey As Next CEO
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KMT Media Mentions By Week

KMT Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

KMT
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News Sentiment

KMT News Coverage

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This page (NYSE:KMT) was last updated on 5/29/2024 by MarketBeat.com Staff

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