Kennametal (NYSE:KMT) Announces Earnings Results

Kennametal (NYSE:KMT) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.02), Zacks reports. Kennametal had a net margin of 4.98% and a return on equity of 8.35%. Kennametal updated its FY 2025 guidance to 1.050-1.300 EPS and its Q3 2025 guidance to 0.200-0.300 EPS.

Kennametal Stock Performance

Shares of KMT stock traded down $0.36 during trading hours on Thursday, hitting $22.31. The stock had a trading volume of 216,107 shares, compared to its average volume of 875,282. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.52 and a quick ratio of 1.16. The firm has a market capitalization of $1.73 billion, a PE ratio of 17.43, a PEG ratio of 2.32 and a beta of 1.66. The stock’s 50 day moving average is $25.09 and its 200 day moving average is $25.64. Kennametal has a twelve month low of $20.50 and a twelve month high of $32.18.

Kennametal Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Tuesday, February 11th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 3.59%. The ex-dividend date is Tuesday, February 11th. Kennametal’s dividend payout ratio (DPR) is 62.50%.

Insider Activity

In other Kennametal news, VP Franklin Cardenas sold 20,470 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $28.24, for a total transaction of $578,072.80. Following the completion of the sale, the vice president now directly owns 39,581 shares of the company’s stock, valued at $1,117,767.44. This represents a 34.09 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP John Wayne Witt sold 1,765 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $29.35, for a total value of $51,802.75. Following the sale, the vice president now directly owns 1,642 shares of the company’s stock, valued at $48,192.70. The trade was a 51.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.41% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. StockNews.com upgraded shares of Kennametal from a “hold” rating to a “buy” rating in a research note on Monday, January 27th. Jefferies Financial Group downgraded shares of Kennametal from a “buy” rating to a “hold” rating and lowered their target price for the stock from $40.00 to $32.00 in a research note on Friday, December 6th. Morgan Stanley raised their price target on Kennametal from $24.50 to $28.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Loop Capital upped their price objective on Kennametal from $24.00 to $26.00 and gave the stock a “hold” rating in a research report on Tuesday, November 19th. Finally, Barclays decreased their target price on Kennametal from $31.00 to $30.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $27.67.

Kennametal Company Profile

Kennametal Inc engages in development and application of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. The company operates through two segments, Metal Cutting and Infrastructure.