A number of research firms have changed their ratings and price targets for Kennametal (NYSE: KMT):
- 10/23/2026 – Kennametal was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 10/14/2026 – Kennametal was downgraded by Zacks Research from “strong-buy” to “hold”.
- 10/8/2026 – Kennametal was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 10/8/2026 – Kennametal had its price target lowered by JPMorgan Chase & Co. from $34.00 to $30.00. They now have an “underweight” rating on the stock.
- 9/15/2026 – Kennametal was upgraded by Zacks Research from “hold” to “strong-buy”.
Insider Transactions at Kennametal
In related news, CEO Sanjay Chowbey acquired 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average cost of $29.10 per share, for a total transaction of $203,700.00. Following the completion of the transaction, the chief executive officer owned 246,839 shares in the company, valued at approximately $7,183,014.90. This trade represents a 2.92% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Judith L. Bacchus sold 9,676 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $30.29, for a total transaction of $293,086.04. Following the completion of the sale, the vice president directly owned 15,721 shares in the company, valued at $476,189.09. This represents a 38.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.65% of the company’s stock.
Kennametal Inc (NYSE: KMT) is a global industrial technology company that develops and manufactures tooling, engineered components and wear-resistant solutions. Its products are designed to help customers improve productivity, durability and performance in demanding manufacturing and industrial applications.
The company’s offerings include metal-cutting tools and systems, tooling components, advanced materials, and products made with hard metals and other wear-resistant technologies. Kennametal also provides engineered solutions for applications such as machining, earthworks, energy production, transportation, aerospace, defense and general engineering.
Founded in 1938 by Philip M.
Featured Stories
- Five stocks we like better than Kennametal
- Coca-Cola Stock Is Everything AI Isn’t—And That’s Its Biggest Strength
- Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
- Netflix Is Making Big Changes, But Can It Fix What’s Really Hurting Growth?
- Charging Ahead: Solid Power’s Pilot Line Leaves the Lab
Receive News & Ratings for Kennametal Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kennametal Inc and related companies with MarketBeat.com's FREE daily email newsletter.
