Versor Investments LP Trims Stock Position in Kennametal Inc. $KMT

Versor Investments LP lessened its stake in Kennametal Inc. (NYSE:KMT) by 74.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,600 shares of the industrial products company’s stock after selling 37,255 shares during the period. Versor Investments LP’s holdings in Kennametal were worth $264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Hantz Financial Services Inc. lifted its holdings in shares of Kennametal by 350.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,373 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 1,068 shares during the last quarter. Headlands Technologies LLC grew its stake in 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 buying an additional 682 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in Kennametal by 116.2% during the second quarter. Nomura Asset Management Co. Ltd. now owns 1,600 shares of the industrial products company’s stock worth $37,000 after buying an additional 860 shares during the period. Smartleaf Asset Management LLC lifted its stake in Kennametal by 142.3% in the second quarter. Smartleaf Asset Management LLC now owns 2,091 shares of the industrial products company’s stock valued at $48,000 after buying an additional 1,228 shares during the last quarter. Finally, Versant Capital Management Inc lifted its stake in Kennametal by 47.9% in the third quarter. Versant Capital Management Inc now owns 2,762 shares of the industrial products company’s stock valued at $58,000 after buying an additional 895 shares during the last quarter.

Kennametal Stock Up 0.6%

Shares of Kennametal stock opened at $39.54 on Friday. Kennametal Inc. has a one year low of $17.30 and a one year high of $41.74. The company has a market cap of $3.01 billion, a P/E ratio of 27.65, a PEG ratio of 0.67 and a beta of 1.50. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.14 and a current ratio of 2.55. The firm has a fifty day moving average of $32.50 and a two-hundred day moving average of $26.31.

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

Kennametal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 24th. Stockholders of record on Tuesday, February 10th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, February 10th. Kennametal’s dividend payout ratio is 55.94%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Kennametal from $25.00 to $37.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 14th. Barclays increased their price target on shares of Kennametal from $28.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Monday. Morgan Stanley lifted their price objective on shares of Kennametal from $29.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday. Wall Street Zen upgraded shares of Kennametal from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 29th. Finally, UBS Group raised their price target on Kennametal from $32.00 to $39.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $34.67.

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.