Kennametal Inc. (KMT) to Issue Quarterly Dividend of $0.20 on May 26th

Kennametal Inc. (NYSE:KMT) declared a quarterly dividend on Tuesday, April 28th. Shareholders of record on Tuesday, May 12th will be paid a dividend of 0.20 per share by the industrial products company on Tuesday, May 26th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, May 12th.

Kennametal has a dividend payout ratio of 59.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Kennametal to earn $3.32 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 24.1%.

Kennametal Price Performance

Shares of NYSE KMT opened at $36.09 on Friday. Kennametal has a fifty-two week low of $17.62 and a fifty-two week high of $43.81. The company has a 50 day simple moving average of $38.20 and a two-hundred day simple moving average of $33.11. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 20.39, a P/E/G ratio of 0.35 and a beta of 1.44. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.14 and a current ratio of 2.38.

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, beating analysts’ consensus estimates of $0.68 by $0.09. Kennametal had a net margin of 6.41% and a return on equity of 11.02%. The business had revenue of $592.59 million during the quarter, compared to the consensus estimate of $568.03 million. During the same quarter last year, the firm earned $0.47 earnings per share. The business’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. Analysts expect that Kennametal will post 3.91 EPS for the current fiscal year.

Insider Activity at Kennametal

In other Kennametal news, VP Carlonda R. Reilly sold 13,410 shares of Kennametal stock in a transaction that occurred 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 sale, the vice president owned 38,746 shares of the company’s stock, valued at approximately $1,406,867.26. The trade was a 25.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP John Wayne Witt sold 5,060 shares of Kennametal stock in a transaction that occurred on Thursday, February 19th. The stock was 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 directly owned 1,634 shares of the company’s stock, valued at approximately $62,565.86. This trade represents a 75.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.43% of the stock is owned by company insiders.

Institutional Investors Weigh In On Kennametal

A number of large investors have recently added to or reduced their stakes in KMT. American Century Companies Inc. grew its position in Kennametal by 44.0% in the 3rd quarter. American Century Companies Inc. now owns 4,221,461 shares of the industrial products company’s stock worth $88,355,000 after purchasing an additional 1,289,624 shares during the period. Arrowstreet Capital Limited Partnership grew its position in Kennametal by 36.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,887,048 shares of the industrial products company’s stock worth $39,496,000 after purchasing an additional 505,669 shares during the period. Medina Value Partners LLC grew its position in Kennametal by 72.7% in the 4th quarter. Medina Value Partners LLC now owns 968,294 shares of the industrial products company’s stock worth $27,509,000 after purchasing an additional 407,487 shares during the period. UBS Group AG grew its position in Kennametal by 190.1% in the 4th quarter. UBS Group AG now owns 538,321 shares of the industrial products company’s stock worth $15,294,000 after purchasing an additional 352,726 shares during the period. Finally, Marshall Wace LLP grew its position in Kennametal by 776.9% in the 4th quarter. Marshall Wace LLP now owns 375,839 shares of the industrial products company’s stock worth $10,678,000 after purchasing an additional 332,981 shares during the period.

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.