Kennametal Inc. $KMT Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its position in Kennametal Inc. (NYSE:KMT) by 2.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,785,154 shares of the industrial products company’s stock after selling 216,830 shares during the period. Vanguard Group Inc. owned 0.12% of Kennametal worth $249,586,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of KMT. Royal Bank of Canada boosted its holdings in 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. raised 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 acquiring an additional 2,013 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake 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 acquiring an additional 28,020 shares during the period. Jane Street Group LLC raised its stake 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 acquiring an additional 64,907 shares during the period. Finally, Norges Bank purchased a new stake in shares of Kennametal in the 2nd quarter valued at approximately $585,000.

Insider Activity at Kennametal

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

More Kennametal News

Here are the key news stories impacting Kennametal this week:

• Positive Sentiment: Kennametal beat fiscal Q3 2026 estimates, with sales up about 22%, margin expansion, and continued strength in Earthworks, Energy and Aerospace demand. Kennametal Q3 Earnings Beat Estimates on Pricing and Volume
• Positive Sentiment: The company reported stronger-than-expected quarterly results overall, which helped push the stock to a new 52-week high and fueled momentum buying. Kennametal (NYSE:KMT) Reports Strong Q1 CY2026, Stock Jumps 11.1%
• Positive Sentiment: JPMorgan raised its price target on Kennametal to $40 from $37, signaling valuation support even while maintaining an underweight rating. Kennametal price target raised by JPMorgan Chase & Co.
• Neutral Sentiment: Zacks published two value-investing pieces on KMT, including one comparing it with Sandvik AB and another calling it a strong value stock; these articles are more about valuation than a new fundamental catalyst. KMT or SDVKY: Which Is the Better Value Stock Right Now? Here’s Why Kennametal (KMT) is a Strong Value Stock
• Negative Sentiment: Jefferies downgraded Kennametal, which could temper enthusiasm after the post-earnings rally despite the company’s improved results. Jefferies downgrades Kennametal (KMT)

Analysts Set New Price Targets

A number of research firms have recently issued reports on KMT. Weiss Ratings raised shares of Kennametal from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, April 29th. The Goldman Sachs Group set a $32.00 price target on shares of Kennametal in a research note on Friday, February 6th. Morgan Stanley boosted their price target on shares of Kennametal from $29.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. boosted their price target on shares of Kennametal from $37.00 to $40.00 and gave the company an “underweight” rating in a research note on Thursday. Finally, Jefferies Financial Group downgraded shares of Kennametal from a “buy” rating to a “hold” rating and set a $47.50 price target on the stock. in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $36.93.

Kennametal Price Performance

Shares of KMT opened at $36.09 on Friday. Kennametal Inc. has a fifty-two week low of $17.62 and a fifty-two week high of $43.81. The firm’s 50 day moving average price is $38.20 and its 200 day moving average price is $33.11. The company has a market cap of $2.75 billion, a P/E ratio of 20.39, a PEG ratio of 0.41 and a beta of 1.44. The company has a quick ratio of 1.14, a current ratio of 2.38 and a debt-to-equity ratio of 0.43.

Kennametal (NYSE:KMT) last announced its earnings results on Wednesday, May 6th. The industrial products company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.09. Kennametal had a net margin of 6.41% and a return on equity of 11.02%. The firm had revenue of $592.59 million for the quarter, compared to the consensus estimate of $568.03 million. During the same period in the prior year, the firm earned $0.47 EPS. The firm’s revenue for the quarter was up 21.8% on a year-over-year basis. Kennametal has set its FY 2026 guidance at 3.750-4.000 EPS. On average, research analysts forecast that Kennametal Inc. will post 3.88 earnings per share for the current fiscal year.

Kennametal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Tuesday, May 12th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, May 12th. Kennametal’s dividend payout ratio is presently 45.20%.

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.