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Fifth Third Bancorp boosted its holdings in shares of Kennametal Inc. (NYSE:KMT – Free Report) by 6,888.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,857 shares of the industrial products company’s stock after acquiring an additional 25,487 shares during the quarter. Fifth Third Bancorp’s holdings in Kennametal were worth $934,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in KMT. Dimensional Fund Advisors LP grew its position in Kennametal by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,750,538 shares of the industrial products company’s stock worth $134,964,000 after acquiring an additional 96,888 shares in the last quarter. State Street Corp raised its holdings in shares of Kennametal by 0.3% during the 4th quarter. State Street Corp now owns 2,899,770 shares of the industrial products company’s stock valued at $82,382,000 after purchasing an additional 9,963 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Kennametal by 5.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,991,140 shares of the industrial products company’s stock valued at $56,568,000 after purchasing an additional 104,092 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Kennametal by 20.7% during the 3rd quarter. Wellington Management Group LLP now owns 1,546,374 shares of the industrial products company’s stock valued at $32,366,000 after purchasing an additional 265,664 shares in the last quarter. Finally, Deprince Race & Zollo Inc. lifted its stake in shares of Kennametal by 3.7% in the 4th quarter. Deprince Race & Zollo Inc. now owns 1,343,451 shares of the industrial products company’s stock valued at $38,167,000 after purchasing an additional 47,839 shares during the last quarter.

Insider Activity at Kennametal In other Kennametal news, VP Judith L. Bacchus sold 5,488 shares of Kennametal stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $35.94, for a total value of $197,238.72. Following the transaction, the vice president directly owned 4,554 shares of the company’s stock, valued at $163,670.76. The trade was a 54.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Carlonda R. Reilly sold 12,013 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $33.12, for a total value of $397,870.56. Following the transaction, the vice president owned 25,143 shares of the company’s stock, valued at approximately $832,736.16. This trade represents a 32.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 47,000 shares of company stock worth $1,583,326 in the last 90 days. 1.43% of the stock is owned by company insiders.

Analyst Ratings Changes KMT has been the topic of several analyst reports. Zacks Research downgraded shares of Kennametal from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Morgan Stanley reduced their price target on Kennametal from $36.00 to $31.00 and set an “equal weight” rating for the company in a research report on Friday, July 17th. Jefferies Financial Group downgraded Kennametal from a “buy” rating to a “hold” rating and set a $47.50 price target for the company. in a research note on Thursday, May 7th. JPMorgan Chase & Co. lowered their price objective on Kennametal from $40.00 to $34.00 and set an “underweight” rating on the stock in a report on Monday, July 13th. Finally, Barclays lowered Kennametal from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $40.00 to $33.00 in a report on Wednesday, May 27th. Six analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $35.79.

Get Our Latest Research Report on Kennametal

Kennametal Stock Performance NYSE:KMT opened at $35.23 on Monday. The firm has a market capitalization of $2.68 billion, a PE ratio of 19.90, a PEG ratio of 0.61 and a beta of 1.36. The company has a current ratio of 2.38, a quick ratio of 0.99 and a debt-to-equity ratio of 0.43. Kennametal Inc. has a 1 year low of $17.62 and a 1 year high of $43.81. The firm’s fifty day simple moving average is $34.52 and its 200 day simple moving average is $36.22.

Kennametal (NYSE:KMT – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. The company had revenue of $592.59 million during the quarter, compared to analysts’ expectations of $568.03 million. Kennametal had a net margin of 6.41% and a return on equity of 11.02%. The business’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.47 earnings per share. Kennametal has set its FY 2026 guidance at 3.750-4.000 EPS. On average, sell-side analysts anticipate that Kennametal Inc. will post 3.23 EPS for the current year.

Kennametal Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 12th were paid a dividend of $0.20 per share. The ex-dividend date was Tuesday, May 12th. This represents a $0.80 annualized dividend and a yield of 2.3%. Kennametal’s dividend payout ratio is presently 45.20%.

Kennametal Profile (Free Report)

Kennametal Inc is a global industrial technology company that designs and manufactures advanced materials, tooling systems, and engineered components for a range of demanding applications. Its solutions support precision metalworking, earthmoving, and wear-resistant environments, catering to customers seeking enhanced productivity, longer tool life, and reduced operating costs.

The company’s product portfolio spans indexable cutting tools, solid round tools, tool holders, metalworking fluid systems, wear parts, ceramics and composites, and custom-engineered components.

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Immersive booth brings live machining, industry experts, metal cutting innovations and a custom motorcycle build together under one roof

, /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced it will bring the modern manufacturing ecosystem to life at IMTS 2026 with the Next Level Shop, an immersive experience featuring appearances of WIDIA brand ambassador Carey Hart, a live custom motorcycle build and the latest machining and digital manufacturing technologies designed to help manufacturers improve productivity.

Building on the success of its Metal Mania experience two years ago, the Next Level Shop recreates the energy and collaboration of today's modern machine shop, bringing together tooling, software, machine tool builders and manufacturing experts to solve real-world production challenges. Throughout the week, visitors can explore the latest machining technologies, engage directly with engineers and partners, and experience how connected manufacturing solutions drive better performance on the shop floor.

"Everything we're doing at IMTS this year was designed around our customers," said Dave Bersaglini, Kennametal Vice President & President Metal Cutting. "Manufacturers are looking for more than great tooling - they're looking for integrated solutions that help them machine smarter, solve complex challenges and drive productivity. The Next Level Shop brings those technologies, partnerships and conversations together in one place."

A centerpiece of the experience will be the live customization of an Indian Sport Chief motorcycle. In his first public appearance as a WIDIA brand ambassador, motorsports legend and Hart Luck Parts & Gear founder Carey Hart will join Satya Kraus, CEO and creative engineer of KRAUS MOTO, to machine custom motorcycle components throughout the week on a 5-axis CNC machine using Kennametal and WIDIA tooling. Leading motorcycle and automotive painter Taylor Schultz of Schultz Designz will complete the build with a custom paint scheme. The completed custom motorcycle will be the centerpiece of an exclusive Kennametal giveaway, with one IMTS attendee taking home the finished, one-of-one build.

Beyond the motorcycle build, visitors to the Next Level Shop will feature continuous live machining demonstrations led by Kennametal experts and customers and industry partners, highlighting solutions that help manufacturers improve productivity, performance and precision across diverse applications and industries.

Visitors will also discover Kennametal's newest tooling innovations across milling, holemaking, turning and Swiss machining, advanced additive manufacturing capabilities, large-scale machined components and an expanding digital manufacturing ecosystem featuring CAM integration, tooling data and software partnerships that streamline programming, improve productivity and optimize machining performance.

Designed in partnership with EWI Worldwide, the Next Level Shop expands on the interactive spirit of Metal Mania while introducing new collaborations, demonstrations and hands-on experiences throughout the week.

"Kennametal challenged us to create something that felt less like a trade show booth and more like stepping into the shop floor of the future," said Don Kuhn, Account Executive at EWI Worldwide. "Every detail of the Next Level Shop was designed to encourage exploration, spark conversations and demonstrate how innovation comes to life when technology, craftsmanship and collaboration come together."

Visitors to the Next Level Shop can:

Watch live machining demonstrations throughout the week. Meet Carey Hart, Satya Kraus, Taylor Schultz and Kennametal's team of machining experts. Explore the latest Kennametal and WIDIA tooling innovations. Experience digital manufacturing technologies and software integrations. Connect with specialists serving aerospace and defense, medical, transportation, power generation, Swiss machining and more. Enter for a chance to win the custom-built Indian Sport Chief motorcycle. Kennametal's Next Level Shop will be located at Booth No. 431800 in the West Building, Level 3, during IMTS 2026, September 14–19, at McCormick Place in Chicago.

For a complete schedule of live machining demonstrations, partner appearances and booth activities, visit kennametal.com/imts2026

About Kennametal
With over 85 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,100 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated $2 billion in revenues in fiscal 2025. Learn more at kennametal.com. Follow @Kennametal: Instagram, Facebook, LinkedIn and YouTube.

SOURCE Kennametal Inc.

Investors with an interest in Manufacturing - Tools & Related Products stocks have likely encountered both Kennametal (KMT - Free Report) and Techtronic Industries Co. (TTNDY - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Currently, Kennametal has a Zacks Rank of #1 (Strong Buy), while Techtronic Industries Co. has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that KMT has an improving earnings outlook. But this is only part of the picture for value investors.

Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

KMT currently has a forward P/E ratio of 11.47, while TTNDY has a forward P/E of 21.03. We also note that KMT has a PEG ratio of 0.22. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. TTNDY currently has a PEG ratio of 1.14.

Another notable valuation metric for KMT is its P/B ratio of 1.86. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, TTNDY has a P/B of 4.31.

These are just a few of the metrics contributing to KMT's Value grade of B and TTNDY's Value grade of C.

KMT has seen stronger estimate revision activity and sports more attractive valuation metrics than TTNDY, so it seems like value investors will conclude that KMT is the superior option right now.

, /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today the appointment of Amanda Cole as Vice President and Chief Human Resources Officer, effective July 21, 2026.

Cole brings more than 20 years of experience in leading enterprise-wide transformation, cultural evolution and talent strategy, most recently serving as Vice President of Human Resources, Electrical & Electronic Solutions Business and IT & Digital Functions at Wesco International, Inc. She will succeed Judith Bacchus, who will retire on or about October 1, 2026, after more than 20 years at the company.

"Amanda is an accomplished Human Resources leader in the industrial space who brings a technically grounded, cross-functional perspective and a strong focus on continuous improvement," said Sanjay Chowbey, President and CEO. "I am confident that she will be a key partner to the Board of Directors and Executive Leadership Team while helping us further shape our culture, build capability and drive performance."

Chowbey continued, "I also want to thank Judy for her nearly two decades of leadership at Kennametal. Since joining the company in 2006, she has played a central role in strengthening our organization by building our global talent strategy, advancing our culture and leading critical functions including human resources, communications and environmental, health, safety and quality. We wish her all the best in retirement and appreciate her partnership in ensuring a seamless transition with Amanda over the coming months."

About Amanda Cole
As Vice President and Chief Human Resources Officer, Cole will be accountable for all human resources globally. In addition, she will oversee the company's internal and external corporate communications function and environmental, health, safety and quality (EHSQ) activities.

Most recently, Cole was Vice President of Human Resources Electrical & Electronic Solutions Business and IT & Digital Functions at Wesco International, Inc. where she led the HR strategy for a multibillion-dollar global business unit and enterprise IT/Digital functions, supporting 6,500 employees globally.

Prior to that, she served in various human resources leadership roles at Wesco International, Inc. and has experience in Lean and process improvement, as well as leading training and development. She started her career at Newell Rubbermaid as a Project Manager and Manufacturing Engineer.

Cole has a Bachelor of Science degree in industrial engineering from Penn State University and Master of Business Administration from University of Baltimore.

About Kennametal
With over 85 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,100 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated $2 billion in revenues in fiscal 2025. Learn more at www.kennametal.com. Follow @Kennametal: Instagram, Facebook, LinkedIn and YouTube.

SOURCE Kennametal Inc.

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Stock to Watch: Kennametal (KMT - Free Report) Based in Latrobe, PA, Kennametal Inc. is a manufacturer, marketer and distributor of high-speed metal cutting tools, tooling systems and wear-resistant parts. Its products are marketed through a number of channels to the end users, comprising manufacturers of machine tools, transportation vehicles and various components, airframe, aerospace components, machinery (light and heavy), components (energy-related), and others. Also, the company’s products are used by manufacturers and suppliers in the oil and gas exploration, road construction, and other industries.

KMT is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Industrial Products stock. KMT has a Momentum Style Score of A, and shares are up 3.1% over the past four weeks.

For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.80 to $3.23 per share. KMT boasts an average earnings surprise of +18.6%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, KMT should be on investors' short list.

Kennametal (KMT) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.47 per share a year ago.

Pre-Market Stock Futures: Futures are trading modestly higher after a blowout midweek rally spurred by reports that a peace agreement with Iran could be forthcoming soon and by incredible technology earnings and forecasts that destroyed Wall Street estimates. All of the major indices were once again printing new highs as investors cheered the potential for... Here Are Thursday's Top Wall Street Analyst Research Calls: Alcoa, Chiron Real Estate, Clear Secure, Fortinet, Fresh Pet, Kennametal, Oracle, PayPal, United Therapeutics, and More

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Kennametal NYSE: KMT raised its fiscal 2026 sales and adjusted earnings outlook after reporting stronger-than-expected third-quarter results, as higher tungsten-related pricing, modest volume improvement and share gains across key markets lifted revenue and margins.

Kennametal to Attend KeyBanc Capital Markets 2026 Industrials and Basic Materials Conference PR Newswire PITTSBURG

PITTSBURGH, May 26, 2026 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today announced the pricing terms of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 4.625% Senior Notes due 2028 (the "2028 Notes"). All other terms and conditions of the Tender Offer remain unchanged and are described in the Offer to Purchase, dated May 19, 2026 (the "Offer to Purchase").

PITTSBURGH, May 27, 2026 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today announced the final results and expiration of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of the outstanding notes listed in the table below (the "Notes"). Capitalized terms used in this news release and not defined herein have the meanings given to them in the Offer to Purchase, dated May 19, 2026 (the "Offer to Purchase").

Actions extend debt maturities, preserve financial flexibility and support growth opportunities Raised additional $700 million liquidity through new 3-year term loan and expansion of existing revolving credit facility Additional liquidity supports near-term tungsten related working capital needs while preserving long-term flexibility Refinanced $300 million in bonds, extending maturities to 2036, as previously reported Transactions consistent with maintained investment grade credit rating profile PITTSBURGH, May 29, 2026 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today announced a series of financing transactions designed to enhance liquidity, extend debt maturities and position the Company to capture near-term growth opportunities. The actions provide additional financial flexibility to support near-term tungsten related working capital needs while preserving flexibility to respond to future market developments.

Kennametal (KMT) reported earnings 30 days ago. What's next for the stock?

The prospects of the Zacks Manufacturing-Tools & Related Products industry are hindered by high operating costs and ongoing supply-chain challenges. SWK, CNM, KMT and EPAC are some promising stocks in the industry.