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Kennametal (KMT) News Today

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$24.58 -0.40 (-1.60%)
(As of 12/20/2024 05:31 PM ET)
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State Street Corp Reduces Stock Holdings in Kennametal Inc. (NYSE:KMT)
State Street Corp decreased its position in Kennametal Inc. (NYSE:KMT - Free Report) by 1.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,967,344 shares of the industrial products company's stock after s
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Morgan Stanley Issues Positive Forecast for Kennametal (NYSE:KMT) Stock Price
Morgan Stanley lifted their price objective on Kennametal from $24.50 to $28.00 and gave the stock an "equal weight" rating in a report on Tuesday.
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Jane Street Group LLC Grows Position in Kennametal Inc. (NYSE:KMT)
Jane Street Group LLC raised its position in Kennametal Inc. (NYSE:KMT - Free Report) by 113.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 191,151 shares of the industrial products company's stock after acquiring
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XTX Topco Ltd Invests $489,000 in Kennametal Inc. (NYSE:KMT)
XTX Topco Ltd purchased a new stake in shares of Kennametal Inc. (NYSE:KMT - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 18,851 shares of the industrial products company's stock,
Brokerages Set Kennametal Inc. (NYSE:KMT) Price Target at $26.17
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Kennametal Inc. (NYSE:KMT) Shares Purchased by Wellington Management Group LLP
Wellington Management Group LLP raised its stake in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 33.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,251,632 shares of the industrial products company's stock
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Kennametal Inc. (NYSE:KMT) Receives Consensus Recommendation of "Reduce" from Brokerages
Shares of Kennametal Inc. (NYSE:KMT - Get Free Report) have received an average recommendation of "Reduce" from the six research firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating
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Verition Fund Management LLC Takes $1.12 Million Position in Kennametal Inc. (NYSE:KMT)
Verition Fund Management LLC bought a new position in shares of Kennametal Inc. (NYSE:KMT - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 43,066 shares of the industrial products company's stock, val
Kennametal Inc. (NYSE:KMT) VP Sells $578,072.80 in Stock
Jefferies Downgrades Kennametal (KMT)
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Franklin Cardenas Sells 20,470 Shares of Kennametal Inc. (NYSE:KMT) Stock
Kennametal Inc. (NYSE:KMT - Get Free Report) VP Franklin Cardenas sold 20,470 shares of the company's stock in a transaction dated 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 approximately $1,117,767.44. This trade represents a 34.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
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Kennametal (NYSE:KMT) Stock Rating Lowered by Jefferies Financial Group
Jefferies Financial Group cut shares of Kennametal from a "buy" rating to a "hold" rating and cut their target price for the stock from $40.00 to $32.00 in a research note on Friday.
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Weiss Asset Management LP Takes Position in Kennametal Inc. (NYSE:KMT)
Weiss Asset Management LP acquired a new stake in Kennametal Inc. (NYSE:KMT - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 397,013 shares of the industrial products company's stock, value
Kennametal downgraded to Hold from Buy at Jefferies
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Hotchkis & Wiley Capital Management LLC Acquires 151,480 Shares of Kennametal Inc. (NYSE:KMT)
Hotchkis & Wiley Capital Management LLC boosted its holdings in Kennametal Inc. (NYSE:KMT - Free Report) by 141.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 258,910 shares of the industrial products company's stock
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Holocene Advisors LP Acquires 18,432 Shares of Kennametal Inc. (NYSE:KMT)
Holocene Advisors LP raised its holdings in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 24.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 93,186 shares of the industrial products company's stoc
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Petrus Trust Company LTA Takes $671,000 Position in Kennametal Inc. (NYSE:KMT)
Petrus Trust Company LTA purchased a new stake in Kennametal Inc. (NYSE:KMT - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 25,893 shares of the industrial products company's stock, valued at approxim
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Charles Schwab Investment Management Inc. Purchases 67,392 Shares of Kennametal Inc. (NYSE:KMT)
Charles Schwab Investment Management Inc. increased its position in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 5.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,423,495 shares of the industria
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Intech Investment Management LLC Makes New $555,000 Investment in Kennametal Inc. (NYSE:KMT)
Intech Investment Management LLC acquired a new stake in Kennametal Inc. (NYSE:KMT - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,412 shares of the industrial products company's stock, valued at
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Dynamic Technology Lab Private Ltd Buys Shares of 31,002 Kennametal Inc. (NYSE:KMT)
Dynamic Technology Lab Private Ltd acquired a new position in shares of Kennametal Inc. (NYSE:KMT - Free Report) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 31,002 shares of the industrial products company's stock, valued at appro
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Fisher Asset Management LLC Sells 32,378 Shares of Kennametal Inc. (NYSE:KMT)
Fisher Asset Management LLC reduced its stake in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 1.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,107,609 shares of the industrial products company's stock after selli
Kennametal price target raised to $26 from $24 at Loop Capital
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Kennametal Inc. (NYSE:KMT) Shares Purchased by Quest Partners LLC
Quest Partners LLC lifted its holdings in Kennametal Inc. (NYSE:KMT - Free Report) by 2,429.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,929 shares of the industrial products company's stock afte
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Kennametal (NYSE:KMT) Given New $26.00 Price Target at Loop Capital
Loop Capital raised their price objective on shares of Kennametal from $24.00 to $26.00 and gave the stock a "hold" rating in a report on Tuesday.
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Principal Financial Group Inc. Sells 20,785 Shares of Kennametal Inc. (NYSE:KMT)
Principal Financial Group Inc. decreased its holdings in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 5.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 367,313 shares of the i
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Victory Capital Management Inc. Reduces Holdings in Kennametal Inc. (NYSE:KMT)
Victory Capital Management Inc. lowered its position in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 6.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,086,923 shares of the industrial products company's st
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Kennametal Inc. (NYSE:KMT) Position Reduced by GSA Capital Partners LLP
GSA Capital Partners LLP reduced its position in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 43.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,183 shares of the industrial products company's stock after se
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Kennametal Inc. (NYSE:KMT) Given Consensus Rating of "Reduce" by Analysts
Kennametal Inc. (NYSE:KMT - Get Free Report) has received a consensus rating of "Reduce" from the five ratings firms that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The aver
Kennametal Vice President Trades Company's Stock
Morgan Stanley Sticks to Its Hold Rating for Kennametal (KMT)
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Kennametal Inc. (NYSE:KMT) Declares $0.20 Quarterly Dividend
Kennametal Inc. (NYSE:KMT) declared a quarterly dividend on Tuesday, October 29th. Investors of record on Tuesday, November 12th will be given a dividend of 0.20 per share by the industrial products company on Tuesday, November 26th. This represents a $0.80 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date is Tuesday, November 12th.
KeyBanc Remains a Hold on Kennametal (KMT)
Hold Rating on Kennametal Amid Mixed Q1 EPS and Stable FY 2025 Outlook
Kennametal (KMT) Receives a Hold from Barclays
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Kennametal (NYSE:KMT) Announces Earnings Results, Beats Estimates By $0.04 EPS
Kennametal (NYSE:KMT - Get Free Report) issued its quarterly earnings data on Wednesday. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.04. The business had revenue of $481.90 million for the quarter, compared to the consensus estimate of $485.26 million. Kennametal had a return on equity of 9.17% and a net margin of 5.34%. The business's revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.41 earnings per share.
Kennametal (KMT) Stock Trades Up, Here Is Why
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KMT Media Mentions By Week

KMT Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

KMT
News Sentiment

0.87

0.72

Average
Industrial Products
News Sentiment

KMT News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

KMT Articles
This Week

7

5

KMT Articles
Average Week

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This page (NYSE:KMT) was last updated on 12/21/2024 by MarketBeat.com Staff
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