GSA Capital Partners LLP Acquires Shares of 16,013 Kennametal Inc. $KMT

GSA Capital Partners LLP bought a new stake in Kennametal Inc. (NYSE:KMT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,013 shares of the industrial products company’s stock, valued at approximately $335,000.

A number of other institutional investors have also recently made changes to their positions in KMT. Hantz Financial Services Inc. grew its stake in Kennametal by 350.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,373 shares of the industrial products company’s stock valued at $29,000 after buying an additional 1,068 shares in the last quarter. Headlands Technologies LLC boosted its holdings in shares of Kennametal by 80.7% in the second quarter. Headlands Technologies LLC now owns 1,527 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 682 shares during the period. Nomura Asset Management Co. Ltd. grew its position in shares of Kennametal by 116.2% in the second quarter. Nomura Asset Management Co. Ltd. now owns 1,600 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 860 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of Kennametal by 142.3% in the second quarter. Smartleaf Asset Management LLC now owns 2,091 shares of the industrial products company’s stock valued at $48,000 after purchasing an additional 1,228 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Kennametal by 47.9% during the 3rd quarter. Versant Capital Management Inc now owns 2,762 shares of the industrial products company’s stock valued at $58,000 after purchasing an additional 895 shares during the period.

Insider Transactions at Kennametal

In other news, VP John Wayne Witt sold 5,060 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $38.29, for a total transaction of $193,747.40. Following the completion of the transaction, the vice president directly owned 1,634 shares of the company’s stock, valued at $62,565.86. The trade was a 75.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.43% of the company’s stock.

Kennametal Stock Up 0.2%

Shares of NYSE:KMT opened at $40.13 on Friday. Kennametal Inc. has a 52-week low of $17.30 and a 52-week high of $41.74. The firm has a market capitalization of $3.06 billion, a P/E ratio of 28.06, a P/E/G ratio of 0.68 and a beta of 1.50. The stock has a 50 day moving average price of $34.41 and a 200-day moving average price of $27.31. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.14 and a current ratio of 2.55.

Kennametal (NYSE:KMT) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.12. Kennametal had a net margin of 5.43% and a return on equity of 9.46%. The company had revenue of $529.53 million during the quarter, compared to analysts’ expectations of $514.70 million. During the same period last year, the company posted $0.25 EPS. Kennametal’s revenue was up 9.9% on a year-over-year basis. Kennametal has set its Q3 2026 guidance at 0.500-0.600 EPS and its FY 2026 guidance at 2.050-2.450 EPS. As a group, equities research analysts anticipate that Kennametal Inc. will post 1.17 EPS for the current fiscal year.

Kennametal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 24th. Shareholders of record on Tuesday, February 10th were given a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $0.80 dividend on an annualized basis and a yield of 2.0%. Kennametal’s payout ratio is 55.94%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on KMT shares. Weiss Ratings upgraded Kennametal from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Zacks Research raised Kennametal from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th. Barclays lifted their price target on shares of Kennametal from $28.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Monday, February 9th. The Goldman Sachs Group set a $32.00 price objective on shares of Kennametal in a research note on Friday, February 6th. Finally, UBS Group increased their target price on shares of Kennametal from $32.00 to $39.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $34.67.

Kennametal Company Profile

Kennametal Inc is a global industrial technology company that designs and manufactures advanced materials, tooling systems, and engineered components for a range of demanding applications. Its solutions support precision metalworking, earthmoving, and wear-resistant environments, catering to customers seeking enhanced productivity, longer tool life, and reduced operating costs.

The company’s product portfolio spans indexable cutting tools, solid round tools, tool holders, metalworking fluid systems, wear parts, ceramics and composites, and custom-engineered components.