Kennametal (NYSE:KMT) Reaches New 52-Week Low – What’s Next?

Posted by George Bondi on Nov 5th, 2026

Kennametal Inc. (NYSE:KMT – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $24.83 and last traded at $24.3240, with a volume of 91,437 shares. The stock had previously closed at $26.28.

Kennametal News Summary

Here are the key news stories impacting Kennametal this week:

Positive Sentiment: Kennametal reported fiscal Q1 2027 EPS of $3.48, well above analyst expectations of about $2.65, while sales rose 54% year over year to $768 million. The company cited favorable timing of raw-material-related pricing versus costs and stronger Metal Cutting volumes. Kennametal Announces Fiscal 2027 First Quarter Results
Positive Sentiment: The company raised its FY27 adjusted EPS outlook while reiterating its full-year sales outlook. It also reaffirmed its target for a 16%–19% adjusted EBITDA margin beyond FY27, assuming tungsten prices remain at current levels. Kennametal Boosts FY27 Adjusted EPS Outlook
Neutral Sentiment: A Zacks article characterized KMT as a value stock, which may attract investors focused on valuation but does not address near-term earnings concerns. Here’s Why Kennametal Is a Strong Value Stock
Negative Sentiment: Quarterly sales of $768 million missed the roughly $770 million analyst estimate. Coverage also pointed to pricing and volume pressures, potentially tempering confidence in how durable the strong margins and earnings will be. KMT Q3 CY2026 Deep Dive

Analyst Ratings Changes

KMT has been the subject of a number of recent analyst reports. Morgan Stanley downgraded shares of Kennametal from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $31.00 to $27.00 in a research report on Monday, August 10th. Zacks Research cut Kennametal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 14th. Weiss Ratings cut Kennametal from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 23rd. UBS Group cut their target price on Kennametal from $39.00 to $35.00 and set a “neutral” rating for the company in a research note on Monday, August 10th. Finally, JPMorgan Chase & Co. reduced their price target on Kennametal from $34.00 to $30.00 and set an “underweight” rating for the company in a report on Thursday, October 8th. Five investment analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $33.50.

View Our Latest Stock Report on KMT

Kennametal Stock Down 9.9%

The company has a market capitalization of $1.81 billion, a PE ratio of 5.38, a price-to-earnings-growth ratio of 0.29 and a beta of 1.30. The firm’s 50-day simple moving average is $30.38 and its 200 day simple moving average is $34.52. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.98 and a current ratio of 2.62.

Kennametal (NYSE:KMT – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The industrial products company reported $3.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.65 by $0.83. The business had revenue of $768.19 million for the quarter, compared to analysts’ expectations of $770.36 million. Kennametal had a net margin of 14.53% and a return on equity of 24.83%. The business’s revenue for the quarter was up 54.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.34 EPS. As a group, equities research analysts forecast that Kennametal Inc. will post 4.92 earnings per share for the current year.

Kennametal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 23rd. Investors of record on Monday, November 9th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, November 9th. This represents a $0.80 dividend on an annualized basis and a yield of 3.4%. Kennametal’s payout ratio is currently 18.18%.

Insider Transactions at Kennametal

In related news, CEO Sanjay Chowbey bought 7,000 shares of the stock in a transaction 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 of the company’s stock, valued at $7,183,014.90. This represents a 2.92% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Judith Bacchus sold 9,676 shares of the stock in a transaction dated 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 transaction, the vice president directly owned 15,721 shares of the company’s stock, valued at approximately $476,189.09. This trade represents a 38.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.65% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Kennametal

Institutional investors have recently modified their holdings of the company. BlackRock Inc. purchased a new position in Kennametal in the 2nd quarter valued at approximately $440,446,000. Arrowstreet Capital Limited Partnership raised its holdings in Kennametal by 15.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,298,349 shares of the industrial products company’s stock worth $83,039,000 after purchasing an additional 307,209 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in Kennametal during the second quarter worth $69,614,000. Medina Value Partners LLC purchased a new stake in Kennametal during the second quarter worth $43,007,296. Finally, NFJ Investment Group LLC purchased a new stake in Kennametal during the second quarter worth $36,202,000.

About Kennametal

(Get Free Report)

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.