Welcome to our dedicated page for Kennametal news (Ticker: KMT), a resource for investors and traders seeking the latest updates and insights on Kennametal stock.
Kennametal Inc. reports news on its industrial technology business in metal cutting, materials science, tooling and wear-resistant solutions. The company serves manufacturing and industrial end markets including aerospace and defense, earthworks, energy, general engineering and transportation, with updates often centered on demand trends, volume, currency effects, portfolio actions and tungsten-related supply and pricing conditions.
Recurring Kennametal announcements include quarterly earnings releases, outlook updates, dividend declarations, investor conference participation and customer-focused programs for machinists and manufacturing users. News also reflects the company's global commercial footprint and its focus on precision manufacturing, engineered components and productivity-oriented tooling solutions.
Kennametal (NYSE: KMT) reported fiscal 2026 Q4 sales of $737 million, up 43% year over year (42% organic), with operating income of $303 million and margin of 41.1%. Q4 diluted EPS was $2.91 and record adjusted EPS reached $2.96.
For fiscal 2026, sales were $2.36 billion, up 20% (19% organic), with operating income of $473 million and margin of 20.1%. Adjusted operating income was $484 million (20.5% margin). Diluted EPS was $4.42 and record adjusted EPS $4.57. Net income attributable to Kennametal rose to $342 million from $93 million.
Operating cash flow turned negative $4 million and free operating cash flow negative $79 million, primarily due to higher inventory from unprecedented tungsten price increases and supplier prepayments. For fiscal 2027, Kennametal guides sales of $3.33–$3.45 billion, adjusted EPS of $4.15–$5.15, and FOCF of about 20% of adjusted net income.
Kennametal (NYSE: KMT) announced a planned Board leadership transition in October 2026. The Board appointed Joseph Alvarado as incoming Chairman, effective October 28, 2026, following the retirement of current Chairman William M. Lambert from the Board after the Annual Meeting on October 27, 2026.
According to Kennametal, Lambert has served on the Board since 2016 and as Chairman since 2023, overseeing leadership succession and portfolio actions. Alvarado has been an independent director since 2018, chairs the Nominating/Corporate Governance Committee, and brings prior CEO and board experience at multiple industrial and financial companies.
Kennametal (NYSE: KMT) announced the Next Level Shop, an immersive, modern manufacturing experience it will host at IMTS 2026, September 14–19 at McCormick Place in Chicago, Booth No. 431800, West Building, Level 3.
The booth will feature live machining demonstrations, industry experts, digital manufacturing technologies and a high-profile custom build of an Indian Sport Chief motorcycle. WIDIA brand ambassador and motorsports legend Carey Hart, along with Satya Kraus of KRAUS MOTO and painter Taylor Schultz, will machine and finish custom components using Kennametal and WIDIA tooling. The completed, one-of-a-kind motorcycle will be offered in an attendee giveaway. Visitors can explore new tooling across milling, holemaking, turning and Swiss machining, advanced additive manufacturing, large-scale components and an expanding digital ecosystem with CAM integration, tooling data and software partnerships, all designed to showcase connected, productivity-focused manufacturing.
Kennametal (NYSE: KMT) will host its fourth quarter fiscal 2026 earnings conference call and webcast on Wednesday, August 5, 2026 at 9:30 a.m. ET. The related earnings press release and presentation will be available on the company’s website before market opens the same day.
The real-time audio webcast can be accessed through Kennametal’s investor relations site by clicking “Event” in the Quarterly Earnings section. Kennametal reports serving customers in multiple industrial sectors, with nearly $2 billion in fiscal 2025 revenue and about 8,100 employees across nearly 100 countries.
Kennametal (NYSE: KMT) appointed Amanda Cole as Vice President and Chief Human Resources Officer, effective July 21, 2026. She joins from Wesco International, where she led HR for Electrical & Electronic Solutions and IT & Digital Functions.
Cole will succeed Judith Bacchus, who plans to retire on or about October 1, 2026, after more than 20 years at Kennametal. The company highlights Cole’s experience in enterprise transformation, culture and talent strategy, and notes a planned transition period to support continuity.
Kennametal (NYSE: KMT) announced financing moves to enhance liquidity, extend debt maturities and support tungsten-related working capital.
The company refinanced $300 million of 4.625% 2028 notes with 5.800% senior notes maturing in 2036, secured a new 3-year $500 million delayed-draw term loan, and increased its revolving credit facility by $200 million to $850 million, while maintaining investment grade credit ratings.
Kennametal (NYSE: KMT) announced final results and expiration of its cash tender offer for its 4.625% Senior Notes due 2028.
Of $300 million outstanding, $209,384,000 was validly tendered. Subject to conditions, Kennametal expects to settle on May 29, 2026, including accrued interest, following a concurrent notes offering expected on May 28, 2026.
Kennametal (NYSE: KMT) announced pricing terms for its cash tender offer to purchase any and all of its outstanding 4.625% Senior Notes due 2028, with $300 million aggregate principal outstanding.
The tender offer consideration is $1,004.55 per $1,000 principal, plus accrued interest, based on a 4.061% reference yield and 30 bps spread. The offer expires at 5:00 p.m. New York City time on May 26, 2026, with settlement expected on May 29, 2026.
Kennametal (NYSE: KMT) launched an underwritten public offering of senior notes and a concurrent cash tender offer for any and all of its $300 million 4.625% senior notes due 2028. The tender offer expires at 5:00 p.m. ET on May 26, 2026 and pricing will reference a 3.875% U.S. Treasury due March 15, 2028 plus a 30 bps fixed spread.
Settlement is expected on May 29, 2026. Proceeds from the new notes will primarily fund repurchases, with any remainder for general corporate purposes.
Kennametal (NYSE: KMT) will attend the KeyBanc Capital Markets 2026 Industrials & Basic Materials Conference in Boston on Wednesday, May 27, 2026. Company attendees include the President and CEO, the VP and CFO, and the VP of Investor Relations.
Kennametal is an industrial technology company serving aerospace and defense, earthworks, energy, general engineering and transportation customers in nearly 100 countries, with approximately 8,100 employees and nearly $2 billion in fiscal 2025 revenue.