Inside the research
Kennametal Inc.
KMT Research profile · latest available data
Price overview
$31.03
▲ +0.96 (+3.2%)
| 52w hi | $42.76 |
|---|---|
| 52w lo | $19.96 |
| Vol | 1.22M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.36
| Short | -0.71 |
|---|---|
| Medium | -0.40 |
| Long | +0.40 |
computed 2026-09-27
Key fundamentals
Kennametal Inc.
Industrials · Tools & Accessories
| Market cap | $2.37B |
|---|---|
| Enterprise value | $3.08B |
| Trailing P/E | 7.02x |
| Forward P/E | 12.57x |
| EV / EBITDA | 4.96x |
| P / S (ttm) | 1.01x |
| Profit margin | 14.5% |
| Return on equity | 23.9% |
| Revenue growth | +42.6% |
| Earnings growth | +928.7% |
| Debt / equity | 47.33 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.49 | |
| Sector | -0.01 | |
| Technical | -0.52 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 1.13 |
|---|---|
| Corr SPX | 0.43 |
| Annual vol | 42.0% |
| Annual ret | +18.2% |
| Sharpe | 0.43 |
| Max DD | -43.8% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-05 | Earnings Release, Exhibits | read |
| 2026-07-31 | Other Material Event, Exhibits | read |
| 2026-07-28 | Officer / Director Change, Exhibits | read |
| 2026-06-30 | Officer / Director Change, Other Material Event… | read |
| 2026-06-02 | Material Agreement, Material Obligation… | read |
| 2026-05-28 | Material Agreement, Material Obligation… | read |
| 2026-05-27 | Other Material Event, Exhibits | read |
| 2026-05-19 | Other Material Event, Exhibits | read |
| 2026-05-06 | Earnings Release, Exhibits | read |
| 2026-05-01 | Other Material Event, Exhibits | read |
| 2026-02-04 | Earnings Release, Exhibits | read |
| 2026-01-30 | Other Material Event, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-31 | Hamadi Faisal | Vice President | Option exercise | 9.92K | $336.88K |
| 2026-07-31 | Hamadi Faisal | Vice President | Withheld for tax | 4.60K | $156.13K |
| 2026-07-27 | Witt John Wayne | Vice President | Grant | 1.50K | — |
| 2026-07-27 | Witt John Wayne | Vice President | Grant | 1.49K | — |
| 2026-07-27 | Watson Patrick S | Vice President | Grant | 9.24K | — |
| 2026-07-27 | Watson Patrick S | Vice President | Grant | 6.16K | — |
| 2026-07-27 | Witt John Wayne | Vice President | Grant | 2.08K | — |
| 2026-07-27 | Watson Patrick S | Vice President | Grant | 8.96K | — |
| 2026-07-27 | Watson Patrick S | Vice President | Grant | 9.52K | — |
| 2026-07-27 | Witt John Wayne | Vice President | Grant | 1.39K | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 10 |
| Top-5 share | 87.1% |
| HHI | 2,045 (moderate) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $108.24M | 3.09M |
| Fidelity / FMR LLC | $89.86M | 2.56M |
| Citadel Advisors | $47.12M | 1.34M |
| Millennium Management | $33.08M | 943.84K |
| Capital Research / Capital World | $23.59M | 672.91K |
| AQR Capital Management | $21.52M | 613.97K |
| Bridgewater Associates | $21.43M | 611.54K |
| Renaissance Technologies | $1.83M | 52.20K |
| Ark Invest | $69.36K | 1.98K |
| T. Rowe Price Group | $3.62K | 103.33K |
As of 2026-06-30
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.97B | +8.7% | |
| Gross profit | $598.07M | -0.3% | |
| Operating income | $192.42M | -4.6% | |
| Net income | $109.32M | +7.4% | |
| Cash from ops | $257.94M | +3.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $30.16 | $31.16 | $30.12 | $31.03 | 1.22M |
| Sep 24 | $29.71 | $30.45 | $29.65 | $30.07 | 1.79M |
| Sep 23 | $29.47 | $30.10 | $29.20 | $29.94 | 860.00K |
| Sep 22 | $29.82 | $29.82 | $29.31 | $29.60 | 1.11M |
| Sep 21 | $30.16 | $30.24 | $29.46 | $29.47 | 1.03M |
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