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Kennametal Stock Price, News & Analysis

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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 (NYSE: KMT) delivers innovative metal cutting tools and wear-resistant solutions for industrial sectors worldwide. This news hub provides investors and industry professionals with timely updates on corporate developments, strategic initiatives, and operational milestones.

Access comprehensive coverage of Kennametal's latest press releases, product innovations, and market positioning. Our curated collection ensures you stay informed about earnings announcements, leadership updates, and technological advancements in materials science and manufacturing efficiency.

Key updates include quarterly financial results, partnership agreements, sustainability efforts, and global expansion activities. Bookmark this page for direct access to verified information from one of industrial technology's most established providers.

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Kennametal (NYSE: KMT) has completed the sale of its Goshen, Indiana subsidiary, Kennametal Stellite, L.P., to a Chicago-based private equity firm for $19 million. The subsidiary, which represents less than 2% of Kennametal's total sales, specializes in surface coating and welding products within the company's Infrastructure segment. The transaction includes potential additional earnings through an EBITDA-based earn-out opportunity after three years. CEO Sanjay Chowbey emphasized that this strategic move aims to improve sales mix, reduce material cost volatility, and align resources with long-term priorities. The sale resulted in an immaterial pre-tax loss, with proceeds intended for general corporate purposes.
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Kennametal (NYSE: KMT) has announced a strategic investment in Toolpath Labs, an AI-powered computer-aided manufacturing (CAM) software company. The partnership aims to enhance Kennametal's digital capabilities through Toolpath's AI-integrated CAM software, which optimizes tool selection and toolpath strategies. This collaboration will combine Kennametal's tooling and application engineering expertise with Toolpath's AI technology to develop scalable solutions that address workforce challenges and improve shop floor performance. The partnership includes joint efforts in go-to-market strategies, product development, and demand generation initiatives to expand Toolpath's platform globally.
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Kennametal Inc. (NYSE: KMT) has announced its participation in the KeyBanc Capital Markets Industrials & Basic Materials Conference in Boston, MA on Wednesday, May 28, 2025. The company will be represented by key executives including Patrick Watson (CFO), Michael Pici (VP of Investor Relations), and John Witt (VP Finance and Corporate Controller).

Kennametal is an industrial technology leader with over 85 years of experience, specializing in materials science, tooling, and wear-resistant solutions. The company serves customers across aerospace and defense, earthworks, energy, general engineering, and transportation sectors. With approximately 8,400 employees serving customers in nearly 100 countries, Kennametal generated $2 billion in revenues in fiscal 2024.

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Kennametal (NYSE: KMT) reported its fiscal 2025 third quarter results with mixed performance. Sales decreased 6% to $486 million from $516 million year-over-year, reflecting a 3% organic decline and 3% unfavorable currency impact. However, earnings improved significantly, with EPS of $0.41 and adjusted EPS of $0.47, compared to $0.24 and $0.30 respectively in the prior year. The company benefited from a $10 million advanced manufacturing production credit under the Inflation Reduction Act. During the quarter, Kennametal returned $40 million to shareholders through $25 million in share repurchases and $15 million in dividends. The company updated its fiscal 2025 outlook, now expecting sales of $1.970-$1.990 billion and adjusted EPS of $1.30-$1.45. The Metal Cutting segment saw a 7% sales decline, while Infrastructure segment sales decreased 4%.
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Kennametal Inc. (NYSE: KMT) has announced the election of Shelley Bausch to its Board of Directors, effective May 1, 2025. Bausch, the recently retired President of Global Industrial Coatings at Axalta, brings over 30 years of experience in leading global manufacturing businesses. She will replace Cindy L. Davis, who has served on the board since November 2012 and will retire on September 1, 2025.

Bausch's appointment is notable for her extensive experience in driving growth, business transformation, and strategic leadership. During her tenure at Axalta, she led the Industrial Coatings businesses, including energy solutions, general industrial, and powder coatings divisions.

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Kennametal announced its participation in the upcoming BofA Securities Industrials, Transportation and Airlines Key Leaders Conference 2025 in New York City. The event is scheduled for Wednesday, May 14, 2025.

Key company representatives attending include:

  • Sanjay Chowbey - President and CEO
  • Patrick Watson - VP and CFO
  • Michael Pici - VP, Investor Relations

Kennametal, an industrial technology leader with over 85 years of experience, specializes in materials science, tooling, and wear-resistant solutions. The company serves customers across aerospace and defense, earthworks, energy, general engineering, and transportation sectors in nearly 100 countries. With approximately 8,400 employees worldwide, Kennametal reported revenues of $2 billion in fiscal 2024.

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Kennametal Inc. (NYSE: KMT) has announced its upcoming third quarter fiscal year 2025 earnings conference call, scheduled for Wednesday, May 7, 2025, at 9:30 am ET. The company will release its earnings press release and presentation materials before market opening on the same day.

The conference call will be hosted by President and CEO Sanjay Chowbey and Vice President and CFO Patrick Watson. Investors can access the real-time audio webcast through Kennametal's investor relations website.

Kennametal, an industrial technology leader with 85 years of experience, serves customers in aerospace and defense, earthworks, energy, general engineering, and transportation sectors. The company reported revenues of $2 billion in fiscal 2024 and employs approximately 8,400 people across nearly 100 countries.

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Kennametal Inc. (NYSE: KMT) announced that Mandy Lv, Senior Analyst Logistics, has been named a 2025 Women MAKE Award Honoree by The Manufacturing Institute. Lv joins 130 other women honorees and becomes the 18th Kennametal recipient of this prestigious recognition.

Lv's contributions include expertise in customs compliance, international logistics, and leadership in Lean initiatives. She established a Six Sigma Green Belt program at her facility, certifying employees in value stream mapping, setup reduction, and total productive maintenance. Beyond her professional achievements, Lv leverages her psychological consultant certification for community mental health awareness outreach and leads her site's employee club.

Kennametal, an industrial technology leader with $2 billion in revenues in fiscal 2024, employs approximately 8,400 people serving customers in nearly 100 countries, focusing on materials science, tooling, and wear-resistant solutions across aerospace, defense, earthworks, energy, and transportation sectors.

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Kennametal (NYSE: KMT) has announced its participation in the J.P. Morgan Industrials Conference in New York City. The company, an industrial technology leader with over 85 years of experience, specializes in materials science, tooling, and wear-resistant solutions.

Kennametal serves customers across multiple sectors including aerospace and defense, earthworks, energy, general engineering, and transportation. With approximately 8,400 employees supporting customers in nearly 100 countries, the company reported revenues of $2 billion in fiscal 2024.

The company helps manufacturers achieve precision and efficiency through their technological solutions, maintaining global competitiveness for their clients.

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Kennametal (NYSE: KMT) has announced its participation in the upcoming Loop Capital Conference in New York City on Tuesday, March 11, 2025. The company will be represented by Patrick Watson, Vice President and Chief Financial Officer, and Michael Pici, Vice President of Investor Relations.

Kennametal, an industrial technology leader with over 85 years of experience, specializes in materials science, tooling, and wear-resistant solutions. The company serves customers across multiple sectors including aerospace and defense, earthworks, energy, general engineering, and transportation. With approximately 8,400 employees serving customers in nearly 100 countries, Kennametal generated $2 billion in revenues in fiscal 2024.

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FAQ

What is the current stock price of Kennametal (KMT)?

The current stock price of Kennametal (KMT) is $22.25 as of June 16, 2025.

What is the market cap of Kennametal (KMT)?

The market cap of Kennametal (KMT) is approximately 1.7B.
Kennametal

NYSE:KMT

KMT Rankings

KMT Stock Data

1.69B
75.18M
1.27%
113.48%
5.23%
Tools & Accessories
Machine Tools, Metal Cutting Types
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United States
PITTSBURGH