Kennametal (KMT) News Today

Marshall Wace LLP trimmed its position in Kennametal Inc. (NYSE:KMT - Free Report) by 76.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,313 shares of the industrial products

AQR Capital Management LLC lifted its stake in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 37.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 189,435 shares of the industrial products company's

Thrivent Financial for Lutherans cut its position in Kennametal Inc. (NYSE:KMT - Free Report) by 50.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,304 shares of the industrial products company's sto

StockNews.com raised shares of Kennametal from a "hold" rating to a "buy" rating in a report on Tuesday.

Brandes Investment Partners LP lifted its position in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 35.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,332,993 shares of the industrial products company's stock after b

Hsbc Holdings PLC decreased its position in Kennametal Inc. (NYSE:KMT - Free Report) by 34.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,289 shares of the industrial products company's stock after selling 32,554

Deerfield Management Company L.P. Series C purchased a new stake in Kennametal Inc. (NYSE:KMT - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 51,081 shares of the indu

Shares of Kennametal Inc. (NYSE:KMT - Get Free Report) have been assigned a consensus rating of "Reduce" from the five analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation

Interval Partners LP acquired a new position in Kennametal Inc. (NYSE:KMT - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 237,819 shares of the industrial products company's stock, valued at approximately

Barrow Hanley Mewhinney & Strauss LLC grew its position in Kennametal Inc. (NYSE:KMT - Free Report) by 1.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,051,503 shares of the ind

StockNews.com upgraded shares of Kennametal from a "hold" rating to a "buy" rating in a research report on Saturday.

Burgundy Asset Management Ltd. increased its stake in Kennametal Inc. (NYSE:KMT - Free Report) by 1.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,977,697 shares of the industrial products compan

WINTON GROUP Ltd lowered its stake in shares of Kennametal Inc. (NYSE:KMT - Free Report) by 72.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,350 shares of the industrial products company's stock after selling 95,53

American Century Companies Inc. raised its stake in Kennametal Inc. (NYSE:KMT - Free Report) by 20.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,903,714 shares of the industrial products c

StockNews.com cut Kennametal from a "buy" rating to a "hold" rating in a report on Friday.

Victory Capital Management Inc. increased its position in Kennametal Inc. (NYSE:KMT - Free Report) by 1.6% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 3,298,229 shares of the industrial products company's stock after purchasing an additional 50,622 sh

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 acquiri

Kennametal 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 on

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 st

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 share

StockNews.com upgraded shares of Kennametal from a "hold" rating to a "buy" rating in a report on Tuesday.

Kennametal (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.

Barclays 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.

Kennametal (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.

Kennametal 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.