Kennametal (KMT) Stock Price, News & Analysis

Company Overview

Kennametal Inc. is a global industrial technology company specializing in tooling, engineered components, and advanced materials. Founded in 1938 and headquartered in Pittsburgh, Pennsylvania, the company has built its reputation on developing high-performance solutions for the metalworking, aerospace, energy, mining, and construction industries. Over the decades, Kennametal has expanded through both organic growth and strategic acquisitions to serve customers worldwide with innovative products designed to enhance productivity and extend tool life.

At the core of Kennametal’s offerings are precision cutting tools and tooling systems crafted from hard metals such as tungsten carbide. Its product portfolio includes indexable inserts, tool holders, end mills, drills, and milling cutters, as well as wear-resistant coatings and engineered wear parts for mining and tunneling applications. In addition to metalworking solutions, the company provides specialized components for aerospace applications, including airframe tooling and materials for jet engine maintenance. Kennametal further supports its customers through digital tooling solutions and aftermarket services to optimize tool performance and reduce total cost of ownership.

Kennametal operates across the Americas, Europe, and Asia Pacific, with manufacturing facilities and sales offices in key industrial regions such as the United States, Germany, Switzerland, Brazil, India, and China. This global footprint enables the company to respond quickly to customer needs and maintain an agile supply chain. Its end markets span a wide range of sectors, including automotive, aerospace, energy production, construction, and general manufacturing, reflecting the diverse applications of its technology-driven products.

Under the leadership of Chairman and Chief Executive Officer Onno Boots, Kennametal continues to emphasize innovation, operational excellence, and sustainability. The company invests in research and development to advance its material science capabilities while pursuing digital transformation initiatives to enhance customer engagement and improve manufacturing efficiency. By focusing on strategic markets and leveraging its engineering expertise, Kennametal aims to deliver value-added solutions that meet the evolving demands of a global industrial landscape.

Key Stats

• Today's Range: $24.13 to $24.72
• 50-Day Range: $19.72 to $24.74
• 52-Week Range: $17.30 to $32.18
• Volume: 846,721 shs
• Average Volume: 938,953 shs
• Market Capitalization: $1.88 billion
• P/E Ratio: 17.78
• Dividend Yield: 3.24%
• Price Target: $25.40
• Consensus Rating: Reduce

Kennametal Stock Analysis - MarketRank™

Kennametal scored higher than 45% of companies evaluated by MarketBeat, and ranked 121st out of 179 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: 0.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Kennametal has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.

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 17.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kennametal is 17.78, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 25.12.

Price to Earnings Growth Ratio

Kennametal has a PEG Ratio of 3.40. 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 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.36% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kennametal has recently decreased by 16.33%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Kennametal pays a meaningful dividend of 3.23%, 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 57.55%. 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

4.36% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kennametal has recently decreased by 16.33%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.9 / 5
• News Sentiment: -0.33

News Sentiment

Kennametal has a news sentiment score of -0.33. 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 0.71 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Kennametal this week, compared to 6 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 1.41% 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 shares have increased by 2.9% and is now trading at $24.71.

How were Kennametal's earnings last quarter?

Kennametal Inc. (NYSE:KMT) announced its quarterly earnings data on Wednesday, May, 7th. The industrial products company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.26 by $0.21. Kennametal's revenue for the quarter was down 5.7% on a year-over-year basis.
Read the conference call transcript.

Is Kennametal doing a stock buyback?

Kennametal's Board of Directors initiated a share buyback plan on Wednesday, February 7th 2024, which authorizes the company to repurchase $200,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 10.6% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

Who are Kennametal's major shareholders?

Top institutional shareholders of Kennametal include Baron Wealth Management LLC (0.01%). 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: 5/07/2025
• Record date for 5/27 Dividend: 5/13/2025
• Ex-Dividend for 5/27 Dividend: 5/13/2025
• Dividend Payable: 5/27/2025
• Today: 7/11/2025
• Next Earnings (Estimated): 8/06/2025
• 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: 8,447
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Kennametal: $25.40
• High Price Target: $32.00
• Low Price Target: $21.00
• Potential Upside/Downside: +2.8%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.39
• Trailing P/E Ratio: 17.78
• Forward P/E Ratio: 21.12
• P/E Growth: 3.4
• Net Income: $109.32 million
• Net Margins: 5.45%
• Pretax Margin: 7.87%
• Return on Equity: 9.12%
• Return on Assets: 4.72%

Debt

• Debt-to-Equity Ratio: 0.47
• Current Ratio: 2.44
• Quick Ratio: 1.10

Sales & Book Value

• Annual Sales: $2.05 billion
• Price / Sales: 0.92
• Cash Flow: $3.23 per share
• Price / Cash Flow: 7.65
• Book Value: $16.38 per share
• Price / Book: 1.51

Miscellaneous

• Outstanding Shares: 76,230,000
• Free Float: 75,159,000
• Market Cap: $1.88 billion
• Optionable: Optionable
• Beta: 1.40