Kennametal Inc (NYSE:KMT) has a beta value of 1.38 and has seen 1.0 million shares traded in the recent trading session. The company, currently valued at $1.73B, closed the recent trade at $22.64 per share which meant it gained $0.61 on the day or 2.77% during that session. The KMT stock price is -42.14% off its 52-week high price of $32.18 and 23.59% above the 52-week low of $17.30. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.11 million shares traded. The 3-month trading volume is 998.54K shares.
The consensus among analysts is that Kennametal Inc (KMT) is Hold stock at the moment, with a recommendation rating of 3.78. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 7 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Kennametal Inc (NYSE:KMT) trade information
Sporting 2.77% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the KMT stock price touched $22.64 or saw a rise of 0.75%. Year-to-date, Kennametal Inc shares have moved -4.43%, while the 5-day performance has seen it change 2.30%. Over the past 30 days, the shares of Kennametal Inc (NYSE:KMT) have changed 7.60%. Short interest in the company has seen 3.86 million shares shorted with days to cover at 4.05.
Wall Street analysts have a consensus price target for the stock at $25, which means that the shares’ value could jump 9.44% from the levels at last check today.. The projected low price target is $25.0 while the price target rests at a high of $25.0. In that case, then, we find that the latest price level in today’s session is -10.42% off the targeted high while a plunge would see the stock gain -10.42% from the levels at last check today..
Kennametal Inc (KMT) estimates and forecasts
The company’s shares have lost -9.37% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -13.99% over the past 5 years. Earnings growth for 2025 is a modest -9.36% while over the next 5 years, the company’s earnings are expected to increase by 0.94%.
KMT Dividends
Kennametal Inc is expected to release its next earnings report on 2025-May-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.80 at a share yield of 3.53%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.9%.
Kennametal Inc (NYSE:KMT)’s Major holders
Insiders own 1.29% of the company shares, while shares held by institutions stand at 107.99% with a share float percentage of 109.40%. Investors are also buoyed by the number of investors in a company, with Kennametal Inc having a total of 347.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 13.96 million shares worth more than $328.7 million. As of 2024-06-30, BLACKROCK INC. held 17.7689% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 9.04 million shares as of 2024-06-30. The firm’s total holdings are worth over $212.91 million and represent 11.5093% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Apr 30, 2025 , the former fund manager holds about 6.16% shares in the company for having 4.7 shares of worth $106.61 million while later fund manager owns 2.48 shares of worth $56.16 million as of Mar 31, 2025 , which makes it owner of about 3.25% of company’s outstanding stock.
