Kennametal (NYSE:KMT) Releases Earnings Results, Misses Estimates By $0.02 EPS

Kennametal (NYSE:KMT) announced its earnings results on Wednesday. The industrial products company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.02), Zacks reports. Kennametal had a net margin of 4.98% and a return on equity of 8.35%. Kennametal updated its FY 2025 guidance to 1.050-1.300 EPS and its Q3 2025 guidance to 0.200-0.300 EPS.

Kennametal Stock Performance

Shares of KMT stock traded up $0.05 on Friday, reaching $22.02. The stock had a trading volume of 85,614 shares, compared to its average volume of 914,418. The company has a quick ratio of 1.16, a current ratio of 2.52 and a debt-to-equity ratio of 0.45. The firm’s 50-day moving average is $24.96 and its two-hundred day moving average is $25.61. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 17.11, a P/E/G ratio of 2.32 and a beta of 1.66. Kennametal has a 12 month low of $20.50 and a 12 month high of $32.18.

Kennametal Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Investors of record on Tuesday, February 11th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, February 11th. This represents a $0.80 dividend on an annualized basis and a yield of 3.63%. Kennametal’s payout ratio is 62.50%.

Insider Transactions at Kennametal

In other Kennametal news, VP John Wayne Witt sold 1,765 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $29.35, for a total value of $51,802.75. Following the sale, the vice president now owns 1,642 shares in the company, valued at $48,192.70. This trade represents a 51.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Franklin Cardenas sold 20,470 shares of the stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $28.24, for a total value of $578,072.80. Following the completion of the transaction, the vice president now owns 39,581 shares of the company’s stock, valued at $1,117,767.44. The trade was a 34.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.41% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have issued reports on KMT. StockNews.com raised shares of Kennametal from a “hold” rating to a “buy” rating in a report on Monday, January 27th. Bank of America lowered shares of Kennametal from a “neutral” rating to an “underperform” rating and set a $26.00 target price on the stock. in a report on Friday, October 18th. Barclays cut their price target on shares of Kennametal from $31.00 to $30.00 and set an “equal weight” rating for the company in a report on Wednesday, January 8th. Loop Capital upped their price objective on shares of Kennametal from $24.00 to $26.00 and gave the stock a “hold” rating in a research note on Tuesday, November 19th. Finally, Jefferies Financial Group downgraded shares of Kennametal from a “buy” rating to a “hold” rating and reduced their price target for the stock from $40.00 to $32.00 in a research report on Friday, December 6th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $27.67.

Kennametal Company Profile

Kennametal Inc engages in development and application of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. The company operates through two segments, Metal Cutting and Infrastructure.