Grantham Mayo Van Otterloo & Co. LLC Purchases 22,553 Shares of Kennametal Inc. $KMT

Grantham Mayo Van Otterloo & Co. LLC increased its holdings in shares of Kennametal Inc. (NYSE:KMT) by 158.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 36,830 shares of the industrial products company’s stock after buying an additional 22,553 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Kennametal were worth $771,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. grew its stake in Kennametal by 350.2% in the third quarter. Hantz Financial Services Inc. now owns 1,373 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 1,068 shares during the period. Headlands Technologies LLC raised its position in shares of Kennametal by 80.7% during the second quarter. Headlands Technologies LLC now owns 1,527 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 682 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Kennametal by 116.2% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 1,600 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 860 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of 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 purchasing an additional 1,228 shares in the last quarter. Finally, Versant Capital Management Inc grew its position in shares of Kennametal by 47.9% in the 3rd quarter. Versant Capital Management Inc now owns 2,762 shares of the industrial products company’s stock valued at $58,000 after purchasing an additional 895 shares during the period.

Kennametal Stock Up 5.9%

Shares of Kennametal stock opened at $40.30 on Thursday. The firm has a market cap of $3.07 billion, a PE ratio of 28.18, a P/E/G ratio of 0.65 and a beta of 1.47. The business’s 50 day simple moving average is $36.34 and its 200 day simple moving average is $28.54. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.14 and a current ratio of 2.55. Kennametal Inc. has a 52-week low of $17.30 and a 52-week high of $42.03.

Kennametal (NYSE:KMT) last released its quarterly 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 firm had revenue of $529.53 million during the quarter, compared to the consensus estimate of $514.70 million. Kennametal had a return on equity of 9.46% and a net margin of 5.43%.The business’s revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm 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. On average, analysts predict that Kennametal Inc. will post 1.17 earnings per share for the current fiscal year.

Kennametal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 24th. Investors of record on Tuesday, February 10th were issued a dividend of $0.20 per share. The ex-dividend date was Tuesday, February 10th. This represents a $0.80 annualized dividend and a yield of 2.0%. Kennametal’s dividend payout ratio is presently 55.94%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Zacks Research upgraded shares of Kennametal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 12th. The Goldman Sachs Group set a $32.00 price target on shares of Kennametal in a report on Friday, February 6th. JPMorgan Chase & Co. increased their price objective 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. Wall Street Zen upgraded shares of Kennametal from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 29th. Finally, UBS Group boosted their price objective on shares of Kennametal from $32.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Kennametal presently has an average rating of “Hold” and an average target price of $34.67.

Insider Buying and Selling at Kennametal

In related news, VP Carlonda R. Reilly sold 13,410 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $36.31, for a total value of $486,917.10. Following the completion of the transaction, the vice president owned 38,746 shares of the company’s stock, valued at approximately $1,406,867.26. This trade represents a 25.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John Wayne Witt sold 5,060 shares of Kennametal stock in a transaction 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 completion of the sale, the vice president owned 1,634 shares in the company, valued at $62,565.86. The trade was a 75.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.43% of the company’s stock.

Kennametal 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.