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

Kennametal (NYSE:KMT) posted its earnings results on Wednesday. The industrial products company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.02), Zacks reports. Kennametal had a return on equity of 8.35% and a net margin of 4.98%. 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 down $1.04 during trading hours on Wednesday, hitting $22.42. 569,389 shares of the company were exchanged, compared to its average volume of 850,498. The company has a current ratio of 2.52, a quick ratio of 1.16 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 2.32 and a beta of 1.66. The firm has a fifty day simple moving average of $25.21 and a 200 day simple moving average of $25.66. Kennametal has a 52-week low of $20.50 and a 52-week high of $32.18.

Kennametal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Tuesday, February 11th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date is Tuesday, February 11th. Kennametal’s payout ratio is 62.50%.

Analyst Upgrades and Downgrades

KMT has been the subject of a number of recent research reports. Loop Capital boosted their price objective on Kennametal from $24.00 to $26.00 and gave the stock a “hold” rating in a report on Tuesday, November 19th. Bank of America lowered Kennametal from a “neutral” rating to an “underperform” rating and set a $26.00 price target for the company. in a research report on Friday, October 18th. Barclays cut their price objective on shares of Kennametal from $31.00 to $30.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 8th. Morgan Stanley increased their target price on shares of Kennametal from $24.50 to $28.00 and gave the company an “equal weight” rating in a report on Tuesday, December 17th. Finally, Jefferies Financial Group cut shares of Kennametal from a “buy” rating to a “hold” rating and cut their price target for the stock from $40.00 to $32.00 in a report on Friday, December 6th. Two 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 company. Based on data from MarketBeat, Kennametal has a consensus rating of “Hold” and a consensus price target of $27.67.

Insider Buying and Selling at Kennametal

In other Kennametal news, VP John Wayne Witt sold 1,765 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $29.35, for a total transaction of $51,802.75. Following the sale, the vice president now directly owns 1,642 shares of the company’s stock, valued at $48,192.70. This represents a 51.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Franklin Cardenas sold 20,470 shares of Kennametal 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 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 position. The disclosure for this sale can be found here. 1.41% of the stock is owned by corporate insiders.

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.