30,486 Shares in Kennametal Inc. $KMT Acquired by Hsbc Holdings PLC

Posted by Francis Steltz on Jul 29th, 2026

Hsbc Holdings PLC bought a new position in shares of Kennametal Inc. (NYSE:KMT – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 30,486 shares of the industrial products company’s stock, valued at approximately $1,092,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Kennametal in the fourth quarter worth $28,000. Rockefeller Capital Management L.P. raised its holdings in Kennametal by 3,600.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 999 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 972 shares during the period. Danske Bank A S bought a new position in Kennametal in the 4th quarter worth $31,000. Headlands Technologies LLC lifted its position in Kennametal by 80.7% during the 2nd quarter. Headlands Technologies LLC now owns 1,527 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 682 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in Kennametal by 142.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,091 shares of the industrial products company’s stock worth $48,000 after acquiring an additional 1,228 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on KMT shares. Jefferies Financial Group downgraded Kennametal from a “buy” rating to a “hold” rating and set a $47.50 price target on the stock. in a research report on Thursday, May 7th. Weiss Ratings cut Kennametal from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. decreased their target price on Kennametal from $40.00 to $34.00 and set an “underweight” rating for the company in a research note on Monday, July 13th. DA Davidson assumed coverage on Kennametal in a report on Tuesday, June 16th. They issued a “neutral” rating and a $34.00 target price on the stock. Finally, Zacks Research lowered Kennametal from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Six investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $35.79.

Get Our Latest Report on KMT

Kennametal Stock Performance

NYSE:KMT opened at $35.57 on Wednesday. The firm’s 50-day moving average is $34.55 and its 200-day moving average is $36.30. The company has a market cap of $2.71 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 0.61 and a beta of 1.36. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.99 and a current ratio of 2.38. Kennametal Inc. has a 52-week low of $17.62 and a 52-week high of $43.81.

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

Insider Buying and Selling at Kennametal

In other news, VP Carlonda R. Reilly sold 12,013 shares of Kennametal stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $33.12, for a total transaction of $397,870.56. Following the sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Judith L. Bacchus sold 5,488 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $35.94, for a total value of $197,238.72. Following the sale, the vice president owned 4,554 shares in the company, valued at approximately $163,670.76. This represents a 54.65% 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 valued at $1,583,326 in the last quarter. Corporate insiders own 1.43% of the company’s stock.

Kennametal Company 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.