Kennametal Inc. (KMT)Industrials | Tools & Accessories | Pittsburgh, United States | NYSE
29.54 USD
-0.67
(-2.218%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 29.54 |
Hot Take ↕ | Aug. 22, 2026, 2:13 a.m. EDT
The investment case here is defined by a stark disconnect between attractive valuation metrics and a deteriorating multi-year price trajectory. While the company trades at a low P/E of roughly 6.7x and boasts a healthy 23.8% return on equity, the market has punished the stock with a nearly 25% decline over the last nine years. Crucially, the price action shows two consecutive years of negative growth, signaling that the market views current earnings as insufficient to reverse the secular trend. The short-term outlook is clouded by heavy put option positioning at lower strikes, which suggests institutional hedging against further downside rather than a rush to buy the dip. Although the dividend yield of 2.7% is supported by a low payout ratio, it cannot offset the structural weakness in the business's recent performance. Investors should view this as a speculative turnaround play rather than a stable compounder, given the persistent headwinds keeping the stock suppressed. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.043346 |
| MSTL | 0.079641 |
| AutoARIMA | 0.083067 |
| AutoETS | 0.083214 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 3.59 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.595 |
| Excess Kurtosis | -0.63 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Ex Dividend Date | 2026-08-10 |
| Last Dividend Date | 2026-08-10 |
| Debt to Equity Ratio | 47.334 |
| Revenue per Share | 30.922 |
| Market Cap | 2,251,510,016 |
| Trailing P/E | 6.84 |
| Forward P/E | 11.99 |
| Beta | 1.36 |
| Profit Margins | 14.53% |
| Website | https://www.kennametal.com |
As of Aug. 22, 2026, 2:13 a.m. EDT: Speculators are heavily positioned for downside protection, with significant open interest in out-of-the-money puts at strikes 20 and 25 for the January 2027 expiration. This creates a 'glass ceiling' effect where the market prices in a potential drop to the $20-$25 range, while call activity remains sparse and concentrated at higher strikes, indicating a lack of immediate bullish conviction despite the stock trading near its 52-week lows.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.66% | 2.45% | 3.06% | 2.96% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-11 | 0.2000 | 0.661376 |
| 2026-05-12 | 0.2000 | 0.558347 |
| 2026-02-10 | 0.2000 | 0.486618 |
| 2025-11-10 | 0.2000 | 0.738825 |
| 2025-08-12 | 0.2000 | 0.969932 |
| 2025-05-13 | 0.2000 | 0.902527 |
| 2025-02-11 | 0.2000 | 0.928936 |
| 2024-11-12 | 0.2000 | 0.681896 |
| 2024-08-13 | 0.2000 | 0.817996 |
| 2024-05-13 | 0.2000 | 0.775194 |
| 2024-02-12 | 0.2000 | 0.803536 |
| 2023-11-06 | 0.2000 | 0.868810 |
| 2023-08-07 | 0.2000 | 0.722282 |
| 2023-05-08 | 0.2000 | 0.742666 |
| 2023-02-13 | 0.2000 | 0.692761 |
| 2022-11-07 | 0.2000 | 0.810045 |
| 2022-08-08 | 0.2000 | 0.770416 |
| 2022-05-09 | 0.2000 | 0.749344 |
| 2022-02-14 | 0.2000 | 0.608088 |
| 2021-11-08 | 0.2000 | 0.509424 |
| 2021-08-09 | 0.2000 | 0.565291 |
| 2021-05-10 | 0.2000 | 0.485319 |
| 2021-02-08 | 0.2000 | 0.539811 |
| 2020-11-09 | 0.2000 | 0.600962 |
| 2020-08-10 | 0.2000 | 0.670241 |
| 2020-05-11 | 0.2000 | 0.825423 |
| 2020-02-10 | 0.2000 | 0.676819 |
| 2019-11-08 | 0.2000 | 0.588235 |
| 2019-08-12 | 0.2000 | 0.692281 |
| 2019-05-13 | 0.2000 | 0.584966 |
| 2019-02-11 | 0.2000 | 0.544366 |
| 2018-11-09 | 0.2000 | 0.506842 |
| 2018-08-15 | 0.2000 | 0.525624 |
| 2018-05-14 | 0.2000 | 0.513479 |
| 2018-02-12 | 0.2000 | 0.470256 |
| 2017-11-13 | 0.2000 | 0.457352 |
| 2017-08-16 | 0.2000 | 0.592768 |
| 2017-05-12 | 0.2000 | 0.520156 |
| 2017-02-10 | 0.2000 | 0.525072 |
| 2016-11-08 | 0.2000 | 0.687758 |
| 2016-08-10 | 0.2000 | 0.711491 |
| 2016-05-11 | 0.2000 | 0.853606 |
| 2016-02-10 | 0.2000 | 1.175779 |
| 2015-11-06 | 0.2000 | 0.693963 |
| 2015-08-07 | 0.2000 | 0.643915 |
| 2015-05-08 | 0.1800 | 0.473809 |
| 2015-02-06 | 0.1800 | 0.511800 |
| 2014-11-06 | 0.1800 | 0.455812 |
| 2014-08-08 | 0.1800 | 0.425633 |
| 2014-05-09 | 0.1800 | 0.380550 |
| 2014-02-07 | 0.1800 | 0.418507 |
| 2013-11-01 | 0.1800 | 0.390456 |
| 2013-08-02 | 0.1800 | 0.400267 |
| 2013-05-03 | 0.1600 | 0.398605 |
| 2013-02-01 | 0.1600 | 0.385078 |
| 2012-11-02 | 0.1600 | 0.441014 |
| 2012-08-03 | 0.1600 | 0.432316 |
| 2012-05-04 | 0.1400 | 0.341880 |
| 2012-02-03 | 0.1400 | 0.314395 |
| 2011-11-04 | 0.1400 | 0.347308 |
| 2011-08-05 | 0.1200 | 0.358209 |
| 2011-05-06 | 0.1200 | 0.304260 |
| 2011-02-04 | 0.1200 | 0.299925 |
| 2010-11-05 | 0.1200 | 0.341006 |
| 2010-08-06 | 0.1200 | 0.441176 |
| 2010-05-07 | 0.1200 | 0.422833 |
| 2010-02-05 | 0.1200 | 0.496894 |
| 2009-11-03 | 0.1200 | 0.507614 |
| 2009-08-04 | 0.1200 | 0.538117 |
| 2009-05-04 | 0.1200 | 0.558140 |
| 2009-01-30 | 0.1200 | 0.748130 |
| 2008-11-03 | 0.1200 | 0.559441 |
| 2008-08-01 | 0.1200 | 0.410116 |
| 2008-05-01 | 0.1200 | 0.339175 |
| 2008-02-01 | 0.1200 | 0.380952 |
| 2007-11-05 | 0.1200 | 0.270240 |
| 2007-08-03 | 0.1050 | 0.270619 |
| 2007-05-03 | 0.1050 | 0.290336 |
| 2007-02-02 | 0.1050 | 0.337458 |
| 2006-11-06 | 0.1050 | 0.348259 |
| 2006-08-04 | 0.0950 | 0.360463 |
| 2006-05-04 | 0.0950 | 0.300823 |
| 2006-02-03 | 0.0950 | 0.327586 |
| 2005-11-07 | 0.0950 | 0.356607 |
| 2005-08-05 | 0.0950 | 0.410811 |
| 2005-05-05 | 0.0850 | 0.374120 |
| 2005-02-04 | 0.0850 | 0.340000 |
| 2004-11-08 | 0.0850 | 0.345458 |
| 2004-08-06 | 0.0850 | 0.416361 |
| 2004-05-06 | 0.0850 | 0.388571 |
| 2004-02-06 | 0.0850 | 0.405534 |
| 2003-11-06 | 0.0850 | 0.449974 |
| 2003-08-06 | 0.0850 | 0.459832 |
| 2003-05-07 | 0.0850 | 0.535264 |
| 2003-02-06 | 0.0850 | 0.557377 |
| 2002-11-07 | 0.0850 | 0.555011 |
| 2002-08-07 | 0.0850 | 0.543305 |
| 2002-05-08 | 0.0850 | 0.414432 |
| 2002-02-06 | 0.0850 | 0.474066 |
| 2001-08-08 | 0.0850 | 0.439050 |
| 2001-05-08 | 0.0850 | 0.518293 |
| 2001-02-07 | 0.0850 | 0.573743 |
| 2000-11-08 | 0.0850 | 0.607143 |
| 2000-08-08 | 0.0850 | 0.695652 |
| 2000-05-08 | 0.0850 | 0.613995 |
| 2000-02-08 | 0.0850 | 0.699229 |
| 1999-11-08 | 0.0850 | 0.603104 |
| 1999-08-06 | 0.0850 | 0.712042 |
| 1999-05-06 | 0.0850 | 0.567850 |
| 1999-02-08 | 0.0850 | 0.743169 |
| 1998-11-06 | 0.0850 | 0.781609 |
| 1998-08-06 | 0.0850 | 0.513208 |
| 1998-05-06 | 0.0850 | 0.330498 |
| 1998-02-06 | 0.0850 | 0.327316 |
| 1997-11-06 | 0.0850 | 0.317016 |
| 1997-08-06 | 0.0850 | 0.353706 |
| 1997-05-07 | 0.0850 | 0.450331 |
| 1997-02-06 | 0.0850 | 0.412121 |
| 1996-11-06 | 0.0850 | 0.509363 |
| 1996-08-07 | 0.0750 | 0.485830 |
| 1996-05-08 | 0.0750 | 0.408163 |
| 1996-02-07 | 0.0750 | 0.493827 |
| 1995-11-08 | 0.0750 | 0.491803 |
| 1995-08-08 | 0.0750 | 0.410959 |
| 1995-05-04 | 0.0750 | 0.466926 |
| 1995-02-06 | 0.0750 | 0.563380 |
| 1994-11-04 | 0.0750 | 0.552995 |
| 1994-08-04 | 0.0750 | 0.550459 |
| 1994-05-04 | 0.0725 | 0.553699 |
| 1994-02-04 | 0.0725 | 0.565854 |
| 1993-11-04 | 0.0725 | 0.711656 |
| 1993-08-04 | 0.0725 | 0.822695 |
| 1993-05-04 | 0.0725 | 0.814035 |
| 1993-02-04 | 0.0725 | 1.013100 |
| 1992-11-04 | 0.0725 | 1.026549 |
| 1992-08-04 | 0.0725 | 0.991453 |
| 1992-05-04 | 0.0725 | 0.828571 |
| 1992-02-04 | 0.0725 | 0.892308 |
| 1991-11-04 | 0.0725 | 0.987234 |
| 1991-08-05 | 0.0725 | 0.781145 |
| 1991-05-06 | 0.0725 | 0.843636 |
| 1991-02-04 | 0.0725 | 0.840580 |
| 1990-11-05 | 0.0725 | 1.160000 |
| 1990-08-06 | 0.0725 | 0.935484 |
| 1990-05-04 | 0.0725 | 0.892308 |
| 1990-02-05 | 0.0725 | 1.004329 |
| 1989-11-06 | 0.0725 | 1.026549 |
| 1989-08-04 | 0.0725 | 0.822695 |
| 1989-05-04 | 0.0725 | 0.859259 |
| 1989-02-06 | 0.0725 | 0.892308 |
| 1988-11-04 | 0.0675 | 0.919149 |
| 1988-08-04 | 0.0675 | 0.815094 |
| 1988-05-04 | 0.0675 | 0.732203 |
| 1988-02-04 | 0.0675 | 0.843750 |
| 1987-11-04 | 0.0625 | 0.952381 |
| 1987-08-04 | 0.0625 | 0.716846 |
| 1987-05-04 | 0.0625 | 0.790514 |
| 1987-02-04 | 0.0625 | 0.854701 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.4209783 |
| Address1 | 525 William Penn Place |
| Address2 | Suite 3300 |
| All Time High | 52.52 |
| All Time Low | 1.328125 |
| Ask | 30.12 |
| Ask Size | 300 |
| Audit Risk | 8 |
| Average Daily Volume10 Day | 1,635,130 |
| Average Daily Volume3 Month | 1,307,891 |
| Average Volume | 1,307,891 |
| Average Volume10Days | 1,635,130 |
| Beta | 1.356 |
| Bid | 28.95 |
| Bid Size | 100 |
| Board Risk | 1 |
| Book Value | 20.598 |
| City | Pittsburgh |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 29.54 |
| Current Ratio | 2.618 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 30.45 |
| Day Low | 29.44 |
| Debt To Equity | 47.334 |
| Display Name | Kennametal |
| Dividend Date | 1,787,616,000 |
| Dividend Rate | 0.8 |
| Dividend Yield | 2.65 |
| Earnings Call Timestamp End | 1,785,936,600 |
| Earnings Call Timestamp Start | 1,785,936,600 |
| Earnings Growth | 9.287 |
| Earnings Quarterly Growth | 9.512 |
| Earnings Timestamp | 1,785,933,000 |
| Earnings Timestamp End | 1,793,795,400 |
| Earnings Timestamp Start | 1,793,795,400 |
| Ebitda | 620,696,000 |
| Ebitda Margins | 0.26338 |
| Enterprise To Ebitda | 4.774 |
| Enterprise To Revenue | 1.257 |
| Enterprise Value | 2,963,017,984 |
| Eps Current Year | 4.95555 |
| Eps Forward | 2.46367 |
| Eps Trailing Twelve Months | 4.32 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,786,406,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 33.3818 |
| Fifty Day Average Change | -3.8418007 |
| Fifty Day Average Change Percent | -0.11508668 |
| Fifty Two Week Change Percent | 42.09783 |
| Fifty Two Week High | 43.81 |
| Fifty Two Week High Change | -14.27 |
| Fifty Two Week High Change Percent | -0.32572472 |
| Fifty Two Week Low | 20.35 |
| Fifty Two Week Low Change | 9.190001 |
| Fifty Two Week Low Change Percent | 0.45159706 |
| Fifty Two Week Range | 20.35 - 43.81 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 99,153,000,000 |
| Five Year Avg Dividend Yield | 3.0 |
| Float Shares | 75,315,064 |
| Forward Eps | 2.46367 |
| Forward P E | 11.990243 |
| Free Cashflow | -171,881,504 |
| Full Exchange Name | NYSE |
| Full Time Employees | 8,050 |
| Fullday Change | -0.669998 |
| Fullday Change Percent | -2.2178 |
| Fullday Price | 29.54 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.41259 |
| Gross Profits | 972,355,968 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01118 |
| Held Percent Institutions | 1.09419 |
| Implied Shares Outstanding | 76,219,022 |
| Industry | Tools & Accessories |
| Industry Disp | Tools & Accessories |
| Industry Key | tools-accessories |
| Ir Website | http://phx.corporate-ir.net/phoenix.zhtml?c=119933&p=irol-irhome |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,786,406,400 |
| Last Dividend Value | 0.2 |
| Last Fiscal Year End | 1,782,777,600 |
| Last Split Date | 1,198,022,400 |
| Last Split Factor | 2:1 |
| Long Business Summary | Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide. It operates through two segments, Metal Cutting and Infrastructure. The Metal Cutting segment provides milling, hole making, turning, threading, and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships, and various types of industrial equipment under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force, a network of independent and national distributors, integrated supplier channels, and digitally. Its Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and metallurgical powders, such as compacts, nozzles, frac seats, and custom components used in oil and gas and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide powders for the oil and gas, aerospace, and process industries; high temperature critical wear components, tungsten penetrators, and armor solutions for aerospace and defense; and ceramics used by the packaging industry for metallization of films and papers under the Kennametal brand through a direct sales force and distributors. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania. |
| Long Name | Kennametal Inc. |
| Market | us_market |
| Market Cap | 2,251,510,016 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_283484 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 342,388,992 |
| Next Fiscal Year End | 1,814,313,600 |
| Non Diluted Market Cap | 2,302,576,654 |
| Number Of Analyst Opinions | 7 |
| Open | 30.27 |
| Operating Cashflow | -4,008,000 |
| Operating Margins | 0.41251 |
| Overall Risk | 2 |
| Payout Ratio | 0.18100001 |
| Peg Ratio | 1.25 |
| Phone | 412 248 8000 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 29.54 |
| Post Market Time | 1,787,961,600 |
| Previous Close | 30.21 |
| Price Eps Current Year | 5.9609933 |
| Price Hint | 2 |
| Price To Book | 1.4341199 |
| Price To Sales Trailing12 Months | 0.9553663 |
| Profit Margins | 0.14528 |
| Quick Ratio | 0.745 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.669998 |
| Regular Market Change Percent | -2.2178 |
| Regular Market Day High | 30.45 |
| Regular Market Day Low | 29.44 |
| Regular Market Day Range | 29.44 - 30.45 |
| Regular Market Open | 30.27 |
| Regular Market Previous Close | 30.21 |
| Regular Market Price | 29.54 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 883,116 |
| Return On Assets | 0.104499996 |
| Return On Equity | 0.23853001 |
| Revenue Growth | 0.426 |
| Revenue Per Share | 30.922 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 76,219,022 |
| Shares Percent Shares Out | 0.070199996 |
| Shares Short | 5,349,551 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 5,839,160 |
| Short Name | Kennametal Inc. |
| Short Percent Of Float | 0.1149 |
| Short Ratio | 3.94 |
| Source Interval | 15 |
| State | PA |
| Symbol | KMT |
| Target High Price | 38.0 |
| Target Low Price | 27.0 |
| Target Mean Price | 33.0 |
| Target Median Price | 34.0 |
| Total Cash | 95,791,000 |
| Total Cash Per Share | 1.257 |
| Total Debt | 763,705,984 |
| Total Revenue | 2,356,698,112 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.8 |
| Trailing Annual Dividend Yield | 0.026481299 |
| Trailing Eps | 4.32 |
| Trailing P E | 6.837963 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 34.18345 |
| Two Hundred Day Average Change | -4.643448 |
| Two Hundred Day Average Change Percent | -0.13583907 |
| Type Disp | Equity |
| Volume | 883,116 |
| Website | https://www.kennametal.com |
| Zip | 15,219 |