John Wayne Witt Sells 5,060 Shares of Kennametal (NYSE:KMT) Stock

Kennametal Inc. (NYSE:KMT) VP John Wayne Witt sold 5,060 shares of Kennametal stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $38.29, for a total transaction of $193,747.40. Following the sale, the vice president directly owned 1,634 shares in the company, valued at $62,565.86. This trade represents a 75.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Kennametal Price Performance

Shares of KMT traded up $0.53 during trading hours on Friday, reaching $39.15. The stock had a trading volume of 432,084 shares, compared to its average volume of 1,480,911. Kennametal Inc. has a 12 month low of $17.30 and a 12 month high of $41.74. The stock has a market capitalization of $2.98 billion, a PE ratio of 27.42, a PEG ratio of 0.66 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 company’s 50-day moving average is $33.32 and its two-hundred day moving average is $26.70.

Kennametal (NYSE:KMT) last issued its quarterly earnings data 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 return on equity of 9.46% and a net margin of 5.43%.Kennametal’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous 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. Research analysts expect that Kennametal Inc. will post 1.17 EPS for the current year.

Kennametal Announces Dividend

The company 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. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $0.80 annualized dividend and a dividend yield of 2.0%. Kennametal’s dividend payout ratio is currently 55.94%.

Institutional Trading of Kennametal

Large investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its stake in shares of Kennametal by 17.7% in the 1st quarter. Royal Bank of Canada now owns 30,474 shares of the industrial products company’s stock valued at $649,000 after purchasing an additional 4,578 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Kennametal by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,307 shares of the industrial products company’s stock worth $986,000 after buying an additional 2,013 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Kennametal by 13.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 240,556 shares of the industrial products company’s stock worth $5,124,000 after buying an additional 28,020 shares in the last quarter. Jane Street Group LLC grew its position in shares of Kennametal by 39.3% during the 1st quarter. Jane Street Group LLC now owns 229,903 shares of the industrial products company’s stock worth $4,897,000 after buying an additional 64,907 shares during the period. Finally, Vanguard Personalized Indexing Management LLC bought a new stake in shares of Kennametal in the 2nd quarter valued at $205,000.

Analyst Upgrades and Downgrades

KMT has been the topic of a number of research reports. 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 report on Tuesday, February 10th. JPMorgan Chase & Co. boosted their price objective on shares of Kennametal from $25.00 to $37.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group set a $32.00 target price on Kennametal in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kennametal in a report on Thursday, January 22nd. Finally, Zacks Research raised Kennametal from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $34.67.

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.