Kennametal Inc. $KMT Stock Holdings Lifted by Medina Value Partners LLC

Medina Value Partners LLC raised its stake in Kennametal Inc. (NYSE:KMT) by 72.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 968,294 shares of the industrial products company’s stock after purchasing an additional 407,487 shares during the quarter. Kennametal accounts for 6.4% of Medina Value Partners LLC’s investment portfolio, making the stock its 4th biggest holding. Medina Value Partners LLC’s holdings in Kennametal were worth $27,509,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of KMT. Royal Bank of Canada grew 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Kennametal by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,307 shares of the industrial products company’s stock valued at $986,000 after purchasing an additional 2,013 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Kennametal by 13.2% in 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 valued at $5,124,000 after buying an additional 28,020 shares during the period. Jane Street Group LLC lifted its holdings in shares of Kennametal by 39.3% in the 1st quarter. Jane Street Group LLC now owns 229,903 shares of the industrial products company’s stock valued at $4,897,000 after buying an additional 64,907 shares during the period. Finally, Norges Bank acquired a new stake in shares of Kennametal in the 2nd quarter valued at approximately $585,000.

Insiders Place Their Bets

In other news, Director Sagar A. Patel sold 29,499 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $33.50, for a total value of $988,216.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Carlonda R. Reilly sold 12,013 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $33.12, for a total value of $397,870.56. Following the completion of the transaction, the vice president directly owned 25,143 shares of the company’s stock, valued at approximately $832,736.16. This trade represents a 32.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on KMT. Zacks Research cut Kennametal from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Barclays cut Kennametal from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $40.00 to $33.00 in a report on Wednesday, May 27th. Weiss Ratings cut Kennametal from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. raised their price target on Kennametal from $37.00 to $40.00 and gave the company an “underweight” rating in a report on Thursday, May 7th. Finally, Jefferies Financial Group cut Kennametal from a “buy” rating to a “hold” rating and set a $47.50 price target for the company. in a report on Thursday, May 7th. Six investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $35.93.

Kennametal Stock Performance

NYSE KMT opened at $34.93 on Monday. Kennametal Inc. has a fifty-two week low of $17.62 and a fifty-two week high of $43.81. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 19.73, a price-to-earnings-growth ratio of 0.22 and a beta of 1.37. The business has a fifty day moving average of $36.53 and a 200-day moving average of $34.91. The company has a quick ratio of 0.99, a current ratio of 2.38 and a debt-to-equity ratio of 0.43.

Kennametal (NYSE:KMT) last released its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. Kennametal had a return on equity of 11.02% and a net margin of 6.41%.The company had revenue of $592.59 million during the quarter, compared to analysts’ expectations of $568.03 million. During the same period in the previous year, the firm posted $0.47 earnings per share. The business’s revenue for the quarter was up 21.8% compared to the same quarter last year. Kennametal has set its FY 2026 guidance at 3.750-4.000 EPS. As a group, analysts predict that Kennametal Inc. will post 2.99 earnings per share for the current fiscal year.

Kennametal Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 12th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Kennametal’s payout ratio is 45.20%.

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.