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Kennametal (KMT) News Today

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$24.28 -0.14 (-0.59%)
As of 01/17/2025 03:59 PM Eastern
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Kennametal Inc. (NYSE:KMT) Short Interest Update
Kennametal Inc. (NYSE:KMT - Get Free Report) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 6,080,000 shares, an increase of 7.0% from the December 15th total of 5,680,000 shares. Currently, 7.9% of the shares of the company are sold short. Based on an average daily volume of 898,900 shares, the days-to-cover ratio is presently 6.8 days.
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JPMorgan Chase & Co. Increases Stock Holdings in Kennametal Inc. (NYSE:KMT)
JPMorgan Chase & Co. raised its holdings in Kennametal Inc. (NYSE:KMT - Free Report) by 48.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 242,439 shares of the industrial products company's stock after buying an additional 79,547 shares
Kennametal to close 3-5 plants by end of FY27
Kennametal Undertakes Strategic Initiatives, Including Job Cuts
Barclays Cuts Kennametal (NYSE:KMT) Price Target to $30.00
Kennametal price target lowered to $30 from $31 at Barclays
Barclays Remains a Hold on Kennametal (KMT)
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Kennametal (NYSE:KMT) Downgraded by StockNews.com to Hold
StockNews.com downgraded Kennametal from a "buy" rating to a "hold" rating in a report on Thursday.
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Barclays Issues Pessimistic Forecast for Kennametal (NYSE:KMT) Stock Price
Barclays cut their price target on Kennametal from $31.00 to $30.00 and set an "equal weight" rating for the company in a research note on Wednesday.
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Kennametal Inc. (NYSE:KMT) Given Average Recommendation of "Reduce" by Brokerages
Shares of Kennametal Inc. (NYSE:KMT - Get Free Report) have been assigned a consensus recommendation of "Reduce" from the six research firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation and four have issued a hold recommendation o
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Kennametal (NYSE:KMT) Upgraded at StockNews.com
StockNews.com raised Kennametal from a "hold" rating to a "buy" rating in a report on Wednesday.
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Barclays PLC Buys 79,992 Shares of Kennametal Inc. (NYSE:KMT)
Barclays PLC increased its position in Kennametal Inc. (NYSE:KMT - Free Report) by 95.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 163,670 shares of the industrial products company'
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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,
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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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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

0.23

0.65

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

10

5

KMT Articles
Average Week

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This page (NYSE:KMT) was last updated on 1/20/2025 by MarketBeat.com Staff
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