Kennametal (KMT) News Today $24.25 -0.24 (-0.98%) (As of 09/6/2024 ET) Add Compare Share Share HeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends All Sources Trusted Sources MarketBeat.com Benzinga Bloomberg MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street The Wall Street Journal Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 January 2022 December 2021 November 2021 October 2021 Time Period September 4 at 4:18 AM | marketbeat.comBank of New York Mellon Corp Has $29.90 Million Holdings in Kennametal Inc. (NYSE:KMT)Bank of New York Mellon Corp raised its stake in Kennametal Inc. (NYSE:KMT - Free Report) by 4.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,270,285 shares of the industrial products company's stock after acquiriSeptember 3, 2024 | americanbankingnews.comBrokerages Set Kennametal Inc. (NYSE:KMT) Price Target at $24.17August 31, 2024 | marketbeat.comKennametal Inc. (NYSE:KMT) Given Average Rating of "Reduce" by AnalystsKennametal Inc. (NYSE:KMT - Get Free Report) has earned an average recommendation of "Reduce" from the five brokerages that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation and three have issued a hold recommendation onAugust 28, 2024 | americanbankingnews.comLoop Capital Boosts Kennametal (NYSE:KMT) Price Target to $24.00August 28, 2024 | americanbankingnews.comKennametal (NYSE:KMT) Price Target Raised to $24.00August 27, 2024 | marketbeat.comLegato Capital Management LLC Buys Shares of 38,212 Kennametal Inc. (NYSE:KMT)Legato Capital Management LLC acquired a new position in Kennametal Inc. (NYSE:KMT - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 38,212 shares of the industrial products company's stAugust 27, 2024 | prnewswire.comKennametal to Demo Latest Innovations at IMTS 2024August 27, 2024 | marketbeat.comKennametal Inc. (NYSE:KMT) Shares Acquired by Azarias Capital Management L.P.Azarias Capital Management L.P. boosted its stake in Kennametal Inc. (NYSE:KMT - Free Report) by 34.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 259,399 shares of the industrial products company's stock after acquiring an additional 67,139 shareAugust 26, 2024 | prnewswire.comKennametal to Attend Morgan Stanley 12th Annual Laguna ConferenceAugust 19, 2024 | prnewswire.comKennametal to Attend Jefferies Industrials ConferenceAugust 13, 2024 | marketbeat.comKennametal (NYSE:KMT) Rating Increased to Buy at StockNews.comStockNews.com upgraded shares of Kennametal from a "hold" rating to a "buy" rating in a report on Tuesday.August 13, 2024 | prnewswire.comKennametal's IMTS 2024 Booth Offers Chance to Take Home CNC MachineAugust 11, 2024 | marketbeat.comKennametal (NYSE:KMT) Releases Earnings Results, Beats Expectations By $0.05 EPSKennametal (NYSE:KMT - Get Free Report) announced its quarterly earnings results on Wednesday. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.05. The business had revenue of $543.31 million during the quarter, compared to the consensus estimate of $532.72 million. Kennametal had a net margin of 5.29% and a return on equity of 9.35%. The business's revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.51 EPS.August 9, 2024 | marketbeat.comBarclays Increases Kennametal (NYSE:KMT) Price Target to $25.00Barclays raised their target price on shares of Kennametal from $24.00 to $25.00 and gave the company an "equal weight" rating in a report on Friday.August 8, 2024 | markets.businessinsider.comSell Rating on Kennametal Amidst Market Challenges and Limited Growth PotentialAugust 8, 2024 | msn.comKennametal Inc. (NYSE:KMT) Q4 2024 Earnings Call TranscriptAugust 7, 2024 | markets.businessinsider.comKennametal Issues FY25 Guidance - UpdateAugust 7, 2024 | theglobeandmail.comKennametal (NYSE:KMT) Posts Better-Than-Expected Sales In Q2August 7, 2024 | markets.businessinsider.comKennametal Inc. Q4 Profit Increases, Beats EstimatesAugust 7, 2024 | msn.comKennametal beats top and bottom-line estimatesAugust 7, 2024 | seekingalpha.comKennametal Inc. 2024 Q4 - Results - Earnings Call PresentationAugust 7, 2024 | marketbeat.comKennametal (NYSE:KMT) Issues FY 2025 Earnings GuidanceKennametal (NYSE:KMT) updated its FY 2025 earnings guidance. The company provided EPS guidance of 1.300-1.700 for the period, compared to the consensus estimate of 1.560. The company also issued revenue guidance of $2.0 billionillion-$2.1 billionillion, compared to the consensus estimate of $2.1 billionillion.August 7, 2024 | prnewswire.comKennametal Reports Fiscal 2024 and Fourth Quarter ResultsAugust 6, 2024 | marketbeat.comKennametal Inc. (NYSE:KMT) Plans $0.20 Quarterly DividendKennametal Inc. (NYSE:KMT) announced a quarterly dividend on Tuesday, August 6th. Stockholders of record on Tuesday, August 13th will be given a dividend of 0.20 per share by the industrial products company on Tuesday, August 27th. This represents a $0.80 annualized dividend and a dividend yield of 3.34%. The ex-dividend date of this dividend is Tuesday, August 13th.August 6, 2024 | markets.businessinsider.comHere's what to expect from Kennametal's earnings reportAugust 6, 2024 | finance.yahoo.comKennametal (KMT) Reports Q2: Everything You Need To Know Ahead Of EarningsAugust 6, 2024 | marketbeat.comKennametal Inc. (NYSE:KMT) Given Consensus Rating of "Reduce" by AnalystsKennametal Inc. (NYSE:KMT - Get Free Report) has earned a consensus recommendation of "Reduce" from the five research firms that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation tAugust 5, 2024 | prnewswire.comKennametal Announces David Bersaglini as President of Metal Cutting SegmentAugust 5, 2024 | finance.yahoo.comHY Aug 2024 85.000 call (HY240816C00085000)July 31, 2024 | marketbeat.comKennametal (KMT) Set to Announce Quarterly Earnings on WednesdayKennametal (NYSE:KMT) will be releasing earnings before the market opens on Wednesday, August 7, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=609857)July 31, 2024 | marketbeat.comVanguard Group Inc. Has $230.48 Million Stake in Kennametal Inc. (NYSE:KMT)Vanguard Group Inc. reduced its stake in Kennametal Inc. (NYSE:KMT - Free Report) by 0.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 9,241,203 shares of the industrial products company's stock after selling 75,119 shares during the quarter. VJuly 27, 2024 | marketbeat.comState Board of Administration of Florida Retirement System Has $881,000 Stock Position in Kennametal Inc. (NYSE:KMT)State Board of Administration of Florida Retirement System decreased its stake in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 69.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor ownJuly 26, 2024 | marketbeat.comUniSuper Management Pty Ltd Buys Shares of 21,409 Kennametal Inc. (NYSE:KMT)UniSuper Management Pty Ltd bought a new stake in Kennametal Inc. (NYSE:KMT - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 21,409 shares of the industrial products company's stock, valued at approximately $July 17, 2024 | prnewswire.comKennametal to Host Earnings Conference Call & Webcast on Fourth Quarter and Fiscal 2024 ResultsJuly 16, 2024 | prnewswire.comKennametal to Shred Metal at IMTS 2024July 16, 2024 | marketbeat.comBNP Paribas Financial Markets Has $2.18 Million Holdings in Kennametal Inc. (NYSE:KMT)BNP Paribas Financial Markets increased its position in Kennametal Inc. (NYSE:KMT - Free Report) by 85.3% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 87,340 shares of the industrial products company's stock after purchasing an additional 40,193 sharesJuly 12, 2024 | marketbeat.comKennametal (NYSE:KMT) Cut to "Hold" at StockNews.comStockNews.com cut shares of Kennametal from a "buy" rating to a "hold" rating in a research note on Friday.July 11, 2024 | marketbeat.comBarclays Trims Kennametal (NYSE:KMT) Target Price to $24.00Barclays dropped their price target on Kennametal from $25.00 to $24.00 and set an "equal weight" rating for the company in a research report on Wednesday.July 4, 2024 | marketbeat.comAzarias Capital Management L.P. Takes $4.80 Million Position in Kennametal Inc. (NYSE:KMT)Azarias Capital Management L.P. acquired a new stake in shares of Kennametal Inc. (NYSE:KMT - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The fund acquired 192,260 shares of the industrial products company's stock, valued at approximately $4,795,000.July 2, 2024 | marketbeat.comVanguard Group Inc. Decreases Stake in Kennametal Inc. (NYSE:KMT)Vanguard Group Inc. decreased its holdings in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,316,322 shares of the industrial products cJuly 1, 2024 | marketbeat.comKennametal (NYSE:KMT) Stock Rating Lowered by StockNews.comStockNews.com lowered shares of Kennametal from a "buy" rating to a "hold" rating in a report on Monday.June 21, 2024 | marketbeat.comLoop Capital Cuts Kennametal (NYSE:KMT) Price Target to $22.00Loop Capital decreased their target price on Kennametal from $24.00 to $22.00 and set a "hold" rating for the company in a research report on Friday.June 21, 2024 | seekingalpha.comKennametal Seems To Be Going Nowhere FastJune 21, 2024 | marketbeat.comWellington Management Group LLP Has $109.37 Million Position in Kennametal Inc. (NYSE:KMT)Wellington Management Group LLP increased its holdings in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 7.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,240,814 shares of the industrial products company's sJune 17, 2024 | marketbeat.comFisher Asset Management LLC Sells 532,774 Shares of Kennametal Inc. (NYSE:KMT)Fisher Asset Management LLC trimmed its holdings in Kennametal Inc. (NYSE:KMT - Free Report) by 20.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,040,977 shares of the industrial producJune 15, 2024 | insidertrades.comKennametal Inc. (NYSE:KMT) VP Sells $14,110.23 in StockJune 13, 2024 | benzinga.comWall Street's Most Accurate Analysts Give Their Take On 3 Industrials Stocks With Over 3% Dividend YieldsJune 12, 2024 | insidertrades.comKennametal Inc. (NYSE:KMT) CEO Buys $121,400.00 in StockJune 11, 2024 | marketbeat.comKennametal Inc. (NYSE:KMT) CEO Purchases $121,400.00 in StockKennametal Inc. (NYSE:KMT - Get Free Report) CEO Sanjay Chowbey purchased 5,000 shares of the stock in a transaction on Monday, June 10th. The shares were bought at an average cost of $24.28 per share, for a total transaction of $121,400.00. Following the transaction, the chief executive officer now directly owns 49,270 shares in the company, valued at $1,196,275.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.June 11, 2024 | prnewswire.comKennametal Provides Update on Arkansas Facility Damaged by Tornado Get Kennametal News Delivered to You Automatically Sign up to receive the latest news and ratings for KMT and its competitors with MarketBeat's FREE daily newsletter. Email Address Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳 (Ad)45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open. Claim Exclusive 100% Bonus: $0.25/Share KMT Media Mentions By Week KMT Media Sentiment Learn about the media sentiment score. 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▼0.460.70▲Average Industrial Products News Sentiment KMT News Coverage Learn about the media coverage comparison. 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▼23▲KMT Articles Average Week Get Kennametal News Delivered to You Automatically Sign up to receive the latest news and ratings for KMT and its competitors with MarketBeat's FREE daily newsletter. 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