STOCK TITAN

Kennametal and Hexagon to Jointly Deliver Faster, Smarter Machining

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags

Kennametal (NYSE: KMT) announced a new integration with Hexagon's cloud-based Tool Library to deliver verified Kennametal digital tooling data directly into Hexagon's WORKNC CAM software. The integration enables machinists to import realistic 3D models, smart assemblies and scalable tool data to reduce setup time and improve machining accuracy.

Initial support includes solid carbide drills and end mills for WORKNC users, with expansion to additional CAM systems and product lines planned in the coming months. The companies say the collaboration aims to accelerate digitalization of the manufacturing value chain and make validated tooling data more accessible to machine shops worldwide.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

Key Figures

Publication date: Dec. 15, 2025 Beneficial ownership: 107,795,321 shares Ownership percentage: 6.3% +5 more
8 metrics
Publication date Dec. 15, 2025 Integration announcement date
Beneficial ownership 107,795,321 shares Capital International Investors Schedule 13G position in B
Ownership percentage 6.3% Capital International Investors stake as per Schedule 13G
Shares outstanding 1,705,993,790 shares Shares believed outstanding in Schedule 13G filing
Tongon total consideration $305 million Maximum consideration for Tongon mine divestiture
Tongon cash component $192 million Cash portion of Tongon transaction consideration
Shareholder loan repayment $23 million Loan repayment included in Tongon cash consideration
Contingent payments Up to $113 million Conditional on gold prices and resource conversions

Market Reality Check

Vol: Volume 17,013,252 is slig...
normal vol
Volume Volume 17,013,252 is slightly below the 20-day average of 17,970,044 (relative volume 0.95). normal
Technical Price at $43.09, trading above the 200-day MA of $32.44 and 9.28% below the 52-week high of $47.50.

Peers on Argus

Gold-sector peers like WPM (-1.91%), FNV (-1.44%), AU (-4.30%), AEM (-3.35%), an...
1 Up

Gold-sector peers like WPM (-1.91%), FNV (-1.44%), AU (-4.30%), AEM (-3.35%), and KGC (-4.29%) showed broad weakness, while the momentum scanner only flagged PAAS up 4.16%, indicating mixed, stock-specific moves rather than a unified sector trend.

Historical Context

5 past events · Latest: Dec 11 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 11 Software recognition Positive +3.3% ETQ ranked Front Runner among 16 EQMS vendors by LNS Research.
Dec 08 Drug coverage news Positive +2.2% Leqembi added to China Commercial Insurance Innovative Drug List for 2026.
Dec 08 Trial clearance Positive +2.2% FDA cleared global Phase IIb trial of CS1 in PAH with orphan/fast track.
Dec 03 Product launch Positive -1.3% Launch of ETQ Reliance Go cloud EQMS for small- to mid-sized manufacturers.
Dec 02 Asset divestiture Neutral -3.1% Completed Tongon mine sale for up to $305M in cash and contingent payments.
Pattern Detected

Recent positive operational and recognition news has more often led to aligned price gains, though strategic portfolio moves have seen mixed reactions.

Recent Company History

Over the past two weeks, news linked to B has covered software recognition, product launches, clinical progress, and asset divestiture. On Dec 11, ETQ’s Front Runner ranking in an LNS matrix coincided with a 3.33% gain. Earlier in December, ETQ Reliance Go’s launch saw a -1.29% reaction despite a constructive product story. A Tongon mine divestiture of up to $305M on Dec 2 was followed by a -3.07% move. Overall, good news has often been rewarded but not uniformly.

Market Pulse Summary

This announcement highlights a cloud-based integration between advanced CAM software and verified di...
Analysis

This announcement highlights a cloud-based integration between advanced CAM software and verified digital tooling data, aimed at faster, more accurate machining workflows. In the broader context, the company recently executed a Tongon mine divestiture for up to $305 million and has seen institutional interest, including a 6.3% Schedule 13G stake. Investors may watch adoption of digital manufacturing solutions, portfolio optimization steps, and future regulatory filings for further clarity on strategic execution.

Key Terms

computer-aided manufacturing (cam)
1 terms
computer-aided manufacturing (cam) technical
"combining Kennametal's tooling expertise with Hexagon's advanced Computer-Aided Manufacturing (CAM) technology."
Computer-aided manufacturing (CAM) is software that turns digital product designs into step-by-step machine instructions to produce parts or finished goods. It matters to investors because CAM can speed production, cut errors and lower costs—like a GPS routing machines for the most efficient path—so firms that use it effectively can scale faster, improve margins and require different levels of capital and maintenance. The extent of CAM adoption and how well it’s integrated can influence a manufacturer’s competitiveness and value.

AI-generated analysis. Not financial advice.

PITTSBURGH, Dec. 15, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced a new integration with Hexagon's cloud-based Tool Library, combining Kennametal's tooling expertise with Hexagon's advanced Computer-Aided Manufacturing (CAM) technology. This collaboration empowers machinists with instant access to verified Kennametal digital tooling data – delivering faster, smarter machining solutions right at their fingertips.

Through this integration, machinists can seamlessly import Kennametal tooling data into Hexagon's WORKNC CAM software, reducing setup time and improving machining accuracy. The cloud-based library supports realistic 3D models, smart assemblies and scalable performance for thousands of tools.

"This integration helps manufacturers access our machining solutions more efficiently," said Dr. Carlonda Reilly, Chief Technology Officer, Kennametal. "By combining our validated tooling data with Hexagon's powerful CAM technology, we're advancing our strategy to enable digitalization of the manufacturing value chain to better serve machine shops worldwide."

Currently, the integration supports solid carbide drills and end mills for WORKNC users, with expansion to additional CAM systems and product lines planned in the coming months.

About Hexagon
Hexagon is the global leader in measurement technologies. We provide the confidence that vital industries rely on to build, navigate, and innovate. From microns to Mars, our solutions ensure productivity, quality, safety, and sustainability in everything from manufacturing and construction to mining and autonomous systems.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,800 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at hexagon.com

About Kennametal

With over 85 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,100 employees help customers in nearly 100 countries stay competitive. Kennametal generated $2 billion in revenues in fiscal 2025. Learn more at kennametal.com. Follow @Kennametal: Instagram, Facebook, LinkedIn and YouTube.

Kennametal logo (PRNewsfoto/Kennametal)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kennametal-and-hexagon-to-jointly-deliver-faster-smarter-machining-302640464.html

SOURCE Kennametal Inc.

FAQ

What did Kennametal (KMT) announce on December 15, 2025 about Hexagon integration?

Kennametal announced integration of its validated tooling data with Hexagon's cloud-based Tool Library for import into WORKNC CAM.

Which tools are initially supported in the Kennametal and Hexagon WORKNC integration?

The integration initially supports solid carbide drills and end mills for WORKNC users.

How will the Kennametal–Hexagon integration affect machining setup time for WORKNC users?

The companies say machinists can reduce setup time by importing verified tooling data and 3D models directly into WORKNC.

When will Kennametal expand the Hexagon integration to more CAM systems and product lines?

Expansion to additional CAM systems and product lines is planned in the coming months; no exact dates were provided.

Where do machinists access Kennametal tooling data in Hexagon's system?

Machinists access validated Kennametal tooling data through Hexagon's cloud-based Tool Library integrated with WORKNC.

What benefits did Kennametal cite for shareholders or customers from the Hexagon collaboration?

Kennametal said the integration advances digitalization and helps manufacturers access machining solutions more efficiently.
HEXA

:HEXA

HEXA Rankings

HEXA Latest News

HEXA Stock Data