Kennametal (NYSE:KMT) Updates Q1 2027 Earnings Guidance

Kennametal (NYSE:KMT) updated its first quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of 2.500-2.800 for the period, compared to the consensus estimate of 1.090. The company issued revenue guidance of $745.0 million-$775.0 million, compared to the consensus revenue estimate of $675.0 million. Kennametal also updated its FY 2027 guidance to 4.150-5.150 EPS.

Kennametal Trading Up 3.9%

KMT opened at $36.28 on Wednesday. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 20.50, a P/E/G ratio of 0.48 and a beta of 1.36. The stock’s 50 day moving average price is $34.39 and its 200-day moving average price is $36.40. Kennametal has a one year low of $17.62 and a one year high of $43.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.99 and a current ratio of 2.38.

Kennametal (NYSE:KMT) last issued its quarterly earnings results on Wednesday, August 5th. The industrial products company reported $2.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.65. Kennametal had a return on equity of 11.02% and a net margin of 6.41%.The firm had revenue of $736.61 million during the quarter, compared to analyst estimates of $725.74 million. Kennametal has set its Q1 2027 guidance at 2.500-2.800 EPS and its FY 2027 guidance at 4.150-5.150 EPS. On average, equities analysts forecast that Kennametal will post 3.23 EPS for the current year.

Kennametal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 11th will be issued a $0.20 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.2%. Kennametal’s dividend payout ratio is presently 45.20%.

Analysts Set New Price Targets

A number of equities analysts have commented on KMT shares. DA Davidson started coverage on shares of Kennametal in a research note on Tuesday, June 16th. They issued a “neutral” rating and a $34.00 target price on the stock. Jefferies Financial Group lowered 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. Morgan Stanley dropped their price objective on Kennametal from $36.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Friday, July 17th. Barclays downgraded Kennametal from an “equal weight” rating to an “underweight” rating and reduced their price objective for the stock from $40.00 to $33.00 in a report on Wednesday, May 27th. Finally, JPMorgan Chase & Co. lowered their target price on Kennametal from $40.00 to $34.00 and set an “underweight” rating for the company in a report on Monday, July 13th. Six investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $35.79.

Insider Activity

In other news, VP Judith L. Bacchus sold 5,488 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $35.94, for a total value of $197,238.72. Following the sale, the vice president directly owned 4,554 shares in the company, valued at approximately $163,670.76. This trade represents a 54.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sagar A. Patel sold 29,499 shares of Kennametal stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $33.50, for a total transaction of $988,216.50. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 47,000 shares of company stock worth $1,583,326. 1.43% of the stock is currently owned by corporate insiders.

Institutional Trading of Kennametal

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its stake in Kennametal by 2.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,750,538 shares of the industrial products company’s stock worth $134,964,000 after buying an additional 96,888 shares during the last quarter. State Street Corp raised its stake in Kennametal by 0.3% in the fourth quarter. State Street Corp now owns 2,899,770 shares of the industrial products company’s stock valued at $82,382,000 after buying an additional 9,963 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Kennametal by 5.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,991,140 shares of the industrial products company’s stock valued at $56,568,000 after buying an additional 104,092 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Kennametal by 20.7% in the third quarter. Wellington Management Group LLP now owns 1,546,374 shares of the industrial products company’s stock worth $32,366,000 after acquiring an additional 265,664 shares in the last quarter. Finally, Bridgeway Capital Management LLC grew its stake in shares of Kennametal by 7.8% during the third quarter. Bridgeway Capital Management LLC now owns 707,824 shares of the industrial products company’s stock worth $14,815,000 after acquiring an additional 50,989 shares during the last quarter.

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.