Kennametal (KMT) Stock Price, News & Analysis

Company Overview

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. These offerings serve critical processes such as milling, turning, drilling, grinding and crushing across sectors including aerospace, automotive, oil & gas, mining, and general engineering.

Founded in 1938 in Pittsburgh, Pennsylvania, Kennametal has expanded through innovation and strategic partnerships to establish manufacturing and distribution operations in North America, Europe, Asia-Pacific and Latin America. Its global footprint enables it to support customers locally while leveraging centralized research and development capabilities to drive new product introductions.

Under the leadership of President and Chief Executive Officer Christopher Rossi, Kennametal continues to invest in technological advancement and digital transformation. By integrating data analytics, automation and additive manufacturing into its solutions, the company aims to address evolving industry challenges and maintain its position as a leading industrial supplier.

Key Stats

• Today's Range: $20.74 to $21.20
• 50-Day Range: $19.96 to $25.71
• 52-Week Range: $17.30 to $32.18
• Volume: 632,024 shs
• Average Volume: 1.06 million shs
• Market Capitalization: $1.59 billion
• P/E Ratio: 17.38
• Dividend Yield: 3.84%
• Price Target: $24.00
• Consensus Rating: Reduce

Kennametal Stock Analysis - MarketRank™

Kennametal scored higher than 65% of companies evaluated by MarketBeat, and ranked 98th out of 183 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: 2.6 / 5
• Analyst Rating: Reduce

Consensus Rating

Kennametal has received a consensus rating of Reduce. The company's average rating score is 1.63, and is based on no buy ratings, 5 hold ratings, and 3 sell ratings.

Upside Potential

Kennametal has a consensus price target of $24.00, representing about 15.1% upside from its current price of $20.85.

Amount of Analyst Coverage

Kennametal has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.09%

Earnings Growth

Earnings for Kennametal are expected to grow by 17.09% in the coming year, from $1.17 to $1.37 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kennametal is 17.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 281.50.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kennametal is 17.38, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 305.63.

Price to Earnings Growth Ratio

Kennametal has a PEG Ratio of 3.71. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Kennametal has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.74% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kennametal has recently increased by 7.62%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Kennametal is a leading dividend payer. It pays a dividend yield of 3.79%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Kennametal is 66.67%. 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 58.39% next year. This indicates that Kennametal will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.74% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kennametal has recently increased by 7.62%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.45

News Sentiment

Kennametal has a news sentiment score of 0.45. 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 lower news sentiment than the 0.67 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Kennametal this week, compared to 7 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kennametal insiders have not sold or bought any company stock.

Percentage Held by Insiders

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

KMT Stock Analysis - Frequently Asked Questions

How have KMT shares performed this year?

Kennametal's stock was trading at $24.02 at the start of the year. Since then, KMT stock has decreased by 13.2% and is now trading at $20.85.

How were Kennametal's earnings last quarter?

Kennametal Inc. (NYSE:KMT) released its quarterly earnings data on Wednesday, August, 6th. The industrial products company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.06. The business's quarterly revenue was down 4.9% on a year-over-year basis.
Read the conference call transcript.

Is Kennametal doing a stock buyback?

Kennametal's Board of Directors approved a share buyback program on Wednesday, February 7th 2024, which permits the company to buy back $200,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 10.6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

Who are Kennametal's major shareholders?

Kennametal's top institutional investors include Brandes Investment Partners LP (10.70%), Ariel Investments LLC (6.52%), American Century Companies Inc. (3.85%) and State Street Corp (3.78%). Insiders that own company stock include Sanjay Chowbey, Franklin Cardenas, William J Harvey and John Wayne Witt.
View institutional ownership trends.

How do I buy shares of Kennametal?

Shares of KMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Kennametal own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kennametal investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), AU Optronics (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 8/06/2025
• Record date for 8/26 Dividend: 8/12/2025
• Ex-Dividend for 8/26 Dividend: 8/12/2025
• Dividend Payable: 8/26/2025
• Today: 9/24/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: MACH TLS&RL PRD
• Sub-Industry: Industrial Machinery
• Current Symbol: NYSE:KMT
• CIK: 55242
• Web: www.kennametal.com
• Phone: (412) 248-8000
• Fax: 724-539-5750
• Employees: 8,124
• Year Founded: 1938

Price Target and Rating

• Average Price Target for Kennametal: $24.00
• High Price Target: $32.00
• Low Price Target: $20.00
• Potential Upside/Downside: +15.1%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.63
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.20
• Trailing P/E Ratio: 17.37
• Forward P/E Ratio: 17.82
• P/E Growth: 3.71
• Net Income: $93.12 million
• Net Margins: 4.73%
• Pretax Margin: 6.71%
• Return on Equity: 8.09%
• Return on Assets: 4.19%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 2.46
• Quick Ratio: 1.19

Sales & Book Value

• Annual Sales: $1.97 billion
• Price / Sales: 0.81
• Cash Flow: $3.12 per share
• Price / Cash Flow: 6.68
• Book Value: $17.38 per share
• Price / Book: 1.20

Miscellaneous

• Outstanding Shares: 76,022,000
• Free Float: 74,935,000
• Market Cap: $1.58 billion
• Optionable: Optionable
• Beta: 1.44