Kennametal (KMT) Stock Price, News & Analysis

Company Overview

Kennametal Inc. (NYSE: KMT) is an industrial technology company that develops and manufactures tooling, engineered components and wear-resistant solutions for demanding applications. Its products are designed to help customers cut, shape, drill and protect materials used in manufacturing, transportation, energy, infrastructure and other industrial markets.

The company’s offerings include carbide and ceramic cutting tools, indexable inserts, solid carbide tooling, toolholding systems and related metal-cutting products. Kennametal also supplies products for mining, construction, road rehabilitation and other infrastructure applications, including wear-resistant components and systems designed to operate in abrasive or high-impact environments.

Founded in 1938 by Philip M. McKenna, Kennametal serves customers through operations and sales channels spanning North America, Europe, Asia and other international markets. The company’s products are used by manufacturers and industrial operators seeking productivity, durability and extended tool or equipment life.

Key Stats

• Today's Range: $29.26 to $29.67
• 50-Day Range: $29.18 to $36.28
• 52-Week Range: $20.35 to $43.81
• Volume: 310,593 shs
• Average Volume: 1.40 million shs
• Market Capitalization: $2.23 billion
• P/E Ratio: 6.64
• Dividend Yield: 2.74%
• Price Target: $34.07
• Consensus Rating: Reduce

Kennametal Stock Analysis - MarketRank™

Kennametal scored higher than 80% of companies evaluated by MarketBeat, and ranked 261st out of 664 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Reduce

Consensus Rating

Kennametal has received a consensus rating of Reduce. The company's average rating score is 1.56, and is based on no strong buy ratings, no buy ratings, 5 hold ratings, and 4 sell ratings.

Upside Potential

Kennametal has a consensus price target of $34.07, representing about 15.7% upside from its current price of $29.44.

Amount of Analyst Coverage

Kennametal has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: -47.10%

Earnings Growth

Earnings for Kennametal are expected to decrease by -47.10% in the coming year, from $4.82 to $2.55 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kennametal is 6.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kennametal is 6.69, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 25.56.

Price to Earnings Growth Ratio

Kennametal has a PEG Ratio of 0.29. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Kennametal has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.08% of the float of Kennametal has been sold short.

Short Interest Ratio / Days to Cover

Kennametal has a short interest ratio ("days to cover") of 4.03.

Change versus previous month

Short interest in Kennametal has recently increased by 13.49%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Kennametal pays a meaningful dividend of 2.72%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Kennametal does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Kennametal is 18.18%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Kennametal will have a dividend payout ratio of 31.37% next year. This indicates that Kennametal will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: 1.49

News Sentiment

Kennametal has a news sentiment score of 1.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Kennametal this week, compared to 4 articles on an average week.

Search Interest

Only 1 people have searched for KMT on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.

MarketBeat Follows

4 people have added Kennametal to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Kennametal insiders have sold 140.71% more of their company's stock than they have bought. Specifically, they have bought $203,700.00 in company stock and sold $490,325.00 in company stock.

Percentage Held by Insiders

1.43% of the stock of Kennametal is held by insiders.

Percentage Held by Institutions

Kennametal has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 8/05/2026
• Record date for 8/25 Dividend: 8/11/2026
• Ex-Dividend for 8/25 Dividend: 8/11/2026
• Dividend Payable: 8/25/2026
• Today: 9/15/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 6/30/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Machinery
• Sub-Industry: Industrial Machinery & Supplies & Components
• Current Symbol: NYSE:KMT
• CIK: 55242
• Web: www.kennametal.com
• Phone: (412) 248-8000
• Fax: 724-539-5750
• Employees: 8,073
• Year Founded: 1938

Price Target and Rating

• Average Price Target for Kennametal: $34.07
• High Price Target: $47.50
• Low Price Target: $27.00
• Potential Upside/Downside: +15.8%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.56
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.40
• Trailing P/E Ratio: 6.69
• Forward P/E Ratio: 6.11
• P/E Growth: 0.29
• Net Income: $342.39 million
• Net Margins: 14.53%
• Pretax Margin: 19.58%
• Return on Equity: 24.83%
• Return on Assets: 12.84%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 2.62
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: $2.36 billion
• Price / Sales: 0.95
• Cash Flow: $6.51 per share
• Price / Cash Flow: 4.52
• Book Value: $21.17 per share
• Price / Book: 1.39

Miscellaneous

• Outstanding Shares: 76,220,000
• Free Float: 75,129,000
• Market Cap: $2.24 billion
• Optionable: Optionable
• Beta: 1.34