Carlonda Reilly Sells 13,410 Shares of Kennametal (NYSE:KMT) Stock

Key Points

• VP Carlonda Reilly sold 13,410 KMT shares on March 9 at an average price of $36.31 for $486,917.10, cutting her position by 25.71% to 38,746 shares (≈$1.41M) according to the SEC filing.
• Kennametal reported Q results above expectations with $0.47 EPS vs. $0.35 expected and revenue of $529.53M (up 9.9% YoY), and set Q3 2026 guidance of $0.50–0.60 EPS and FY2026 guidance of $2.05–2.45 EPS.
• Shares traded around $38.02 (down ~0.5%), the company has a market cap of ~$2.90B and a P/E of ~26.6, pays a $0.20 quarterly dividend (2.1% yield), and carries a consensus analyst rating of "Hold" with an average target of $34.67.

Kennametal Inc. (NYSE:KMT - Get Free Report) VP Carlonda Reilly sold 13,410 shares of the company's stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $36.31, for a total value of $486,917.10. Following the sale, the vice president 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Kennametal Trading Down 0.5%

Shares of KMT stock traded down $0.20 during trading hours on Tuesday, hitting $38.02. 920,306 shares of the company were exchanged, compared to its average volume of 1,522,346. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.14 and a current ratio of 2.55. Kennametal Inc. has a fifty-two week low of $17.30 and a fifty-two week high of $42.03. The company has a 50 day simple moving average of $35.92 and a two-hundred day simple moving average of $28.34. The firm has a market cap of $2.90 billion, a P/E ratio of 26.59, a P/E/G ratio of 0.63 and a beta of 1.47.

Kennametal (NYSE:KMT - Get Free Report) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.12. Kennametal had a net margin of 5.43% and a return on equity of 9.46%. The business had revenue of $529.53 million for the quarter, compared to analyst estimates of $514.70 million. During the same period in the prior year, the firm earned $0.25 earnings per share. Kennametal's revenue was up 9.9% on a year-over-year basis. Kennametal has set its Q3 2026 guidance at 0.500-0.600 EPS and its FY 2026 guidance at 2.050-2.450 EPS. Equities analysts anticipate that Kennametal Inc. will post 1.17 EPS for the current year.

Kennametal Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 24th. Shareholders of record on Tuesday, February 10th were issued a $0.20 dividend. The ex-dividend date was Tuesday, February 10th. This represents a $0.80 annualized dividend and a yield of 2.1%. Kennametal's dividend payout ratio is presently 55.94%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Zacks Research upgraded Kennametal from a "hold" rating to a "strong-buy" rating in a report on Wednesday, November 12th. Weiss Ratings upgraded shares of Kennametal from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, February 24th. Morgan Stanley boosted their target price on shares of Kennametal from $29.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 10th. JPMorgan Chase & Co. raised their price target on shares of Kennametal from $25.00 to $37.00 and gave the company an "underweight" rating in a research report on Wednesday, January 14th. Finally, Wall Street Zen upgraded Kennametal from a "buy" rating to a "strong-buy" rating in a research note on Saturday, November 29th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Kennametal has a consensus rating of "Hold" and an average target price of $34.67.

Hedge Funds Weigh In On Kennametal

A number of hedge funds and other institutional investors have recently modified their holdings of KMT. Vanguard Group Inc. lifted its holdings in Kennametal by 1.8% during the third quarter. Vanguard Group Inc. now owns 9,001,984 shares of the industrial products company's stock worth $188,412,000 after acquiring an additional 155,566 shares during the period. Brandes Investment Partners LP increased its position in shares of Kennametal by 65.9% during the 2nd quarter. Brandes Investment Partners LP now owns 8,154,119 shares of the industrial products company's stock valued at $187,219,000 after purchasing an additional 3,238,093 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Kennametal by 2.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,750,538 shares of the industrial products company's stock worth $134,964,000 after purchasing an additional 96,888 shares during the period. American Century Companies Inc. raised its stake 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 worth $88,355,000 after purchasing an additional 1,289,624 shares during the period. Finally, State Street Corp boosted its holdings in shares of Kennametal by 0.3% in the 4th quarter. State Street Corp now owns 2,899,770 shares of the industrial products company's stock worth $82,382,000 after buying an additional 9,963 shares during 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.

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