Kennametal Inc. Plans Quarterly Dividend of $0.20 (NYSE:KMT)

Kennametal Inc. (NYSE:KMT) declared a quarterly dividend on Tuesday, January 27th. Shareholders of record on Tuesday, February 10th will be paid a dividend of 0.20 per share by the industrial products company on Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, February 10th.

Kennametal has a dividend payout ratio of 59.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Kennametal to earn $1.37 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 58.4%.

Kennametal Stock Up 5.3%

KMT opened at $40.29 on Friday. The company has a market capitalization of $3.07 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 3.40 and a beta of 1.50. The business has a 50-day moving average of $31.25 and a 200-day moving average of $25.80. Kennametal has a fifty-two week low of $17.30 and a fifty-two week high of $40.90. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.55 and a quick ratio of 1.18.

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, beating the consensus estimate of $0.35 by $0.12. The firm 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 company’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter last 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. Equities research analysts forecast that Kennametal will post 1.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on KMT shares. The Goldman Sachs Group set a $32.00 price objective on shares of Kennametal in a report on Friday. Wall Street Zen raised Kennametal from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 29th. Weiss Ratings restated a “hold (c)” rating on shares of Kennametal in a report on Thursday, January 22nd. JPMorgan Chase & Co. increased their price target on Kennametal from $25.00 to $37.00 and gave the company an “underweight” rating in a report on Wednesday, January 14th. Finally, Zacks Research raised shares of Kennametal from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $31.50.

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.