Kennametal (KMT) – Investment Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Kennametal (NYSE: KMT) in the last few weeks:

• 7/17/2026 – Kennametal had its price target lowered by Morgan Stanley from $36.00 to $31.00. They now have an “equal weight” rating on the stock.
• 7/14/2026 – Kennametal was downgraded by Zacks Research from “strong-buy” to “hold”.
• 7/13/2026 – Kennametal had its price target lowered by JPMorgan Chase & Co. from $40.00 to $34.00. They now have an “underweight” rating on the stock.
• 7/6/2026 – Kennametal was upgraded by Zacks Research from “hold” to “strong-buy”.
• 6/16/2026 – Kennametal is now covered by DA Davidson. They set a “neutral” rating and a $34.00 price target on the stock.
• 6/15/2026 – Kennametal is now covered by DA Davidson. They set a “neutral” rating and a $34.00 price target on the stock.
• 5/27/2026 – Kennametal was downgraded by Barclays PLC from “equal weight” to “underweight”. They now have a $33.00 price target on the stock, down from $40.00.

Kennametal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 12th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Tuesday, May 12th. Kennametal’s payout ratio is presently 45.20%.

Insider Buying and Selling

In related news, Director Sagar A. Patel sold 29,499 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $33.50, for a total transaction of $988,216.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Carlonda R. Reilly sold 12,013 shares of Kennametal stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $33.12, for a total transaction of $397,870.56. Following the completion of the transaction, the vice president owned 25,143 shares in the company, valued at approximately $832,736.16. This trade represents a 32.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 47,000 shares of company stock worth $1,583,326 in the last ninety days. 1.43% of the stock is currently owned by corporate insiders.

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.