Kennametal (NYSE:KMT) Issues FY 2026 Earnings Guidance

Kennametal (NYSE:KMT) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 2.050-2.450 for the period, compared to the consensus EPS estimate of 1.640. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.1 billion. Kennametal also updated its Q3 2026 guidance to 0.500-0.600 EPS.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on KMT shares. Weiss Ratings reissued a “hold (c)” rating on shares of Kennametal in a research report on Thursday, January 22nd. Wall Street Zen raised Kennametal from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 29th. Zacks Research raised Kennametal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 12th. UBS Group raised their price objective on shares of Kennametal from $32.00 to $39.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, Morgan Stanley raised their price target on shares of Kennametal from $27.00 to $29.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $31.50.

Kennametal Price Performance

Shares of Kennametal stock traded up $2.09 during trading hours on Friday, reaching $40.37. 1,203,608 shares of the company’s stock were exchanged, compared to its average volume of 1,304,148. The business has a fifty day moving average of $31.00 and a two-hundred day moving average of $25.68. The company has a quick ratio of 1.18, a current ratio of 2.55 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $3.07 billion, a P/E ratio of 28.19, a price-to-earnings-growth ratio of 3.23 and a beta of 1.50. Kennametal has a 1 year low of $17.30 and a 1 year high of $40.90.

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

Kennametal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 24th. Stockholders of record on Tuesday, February 10th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, February 10th. Kennametal’s dividend payout ratio (DPR) is presently 65.57%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Headlands Technologies LLC boosted its stake in shares of Kennametal by 80.7% during the 2nd quarter. Headlands Technologies LLC now owns 1,527 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 682 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in Kennametal by 142.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,091 shares of the industrial products company’s stock valued at $48,000 after acquiring an additional 1,228 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Kennametal by 318.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,033 shares of the industrial products company’s stock worth $161,000 after purchasing an additional 5,351 shares in the last quarter. Cerity Partners LLC acquired a new position in shares of Kennametal during the 2nd quarter worth approximately $257,000. Finally, Osaic Holdings Inc. lifted its stake in Kennametal by 322.3% in the 2nd quarter. Osaic Holdings Inc. now owns 11,352 shares of the industrial products company’s stock valued at $261,000 after buying an additional 8,664 shares in the last quarter.

Kennametal Company Profile

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.