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Kennametal Inc. - KMT STOCK NEWS

Welcome to our dedicated news page for Kennametal (Ticker: KMT), a resource for investors and traders seeking the latest updates and insights on Kennametal.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kennametal's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kennametal's position in the market.

Rhea-AI Summary
Kennametal Inc. (NYSE: KMT) will host its third quarter fiscal year 2024 earnings call on May 8, 2024, with President and CEO Christopher Rossi and Vice President and CFO Patrick Watson as hosts. The webcast will be available on the company's investor relations website.
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Kennametal Inc. (NYSE: KMT) announced Sanjay Chowbey as the new President & CEO, succeeding Christopher Rossi. Rossi will retire after successfully leading the company through challenges, cultural transformation, and improved business performance. Chowbey, a proven business leader, will take over on June 1, 2024, focusing on growth, margin expansion, and shareholder value creation.
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-0.37%
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Kennametal Inc. announced Katie Myers and Zhuqing Wang as 2024 Emerging Leader and Women MAKE Award Honoree respectively by The Manufacturing Institute. Myers and Wang are recognized for their leadership and excellence in driving innovation at Kennametal. Myers delivers innovative tooling solutions, while Wang leads research in Additive Manufacturing and Materials Science. Kennametal President Christopher Rossi praises their contributions to advancing the manufacturing industry.
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Kennametal Inc. (KMT) joins ModuleWorks' Strategic Partner Program to enhance digital manufacturing solutions. The partnership aims to provide advanced, user-friendly solutions for customers, focusing on improving service and addressing evolving market needs.
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-0.56%
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Kennametal Inc. (KMT) will participate in the J.P. Morgan Industrials Conference in New York City on March 12, 2024. Key attendees include Patrick Watson, Dr. Carlonda Reilly, and Michael Pici.
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Kennametal Inc. (NYSE: KMT) has been named an Edison Award finalist for its additive manufactured cutting tool with KENionic™ technology, which is 45% lighter and reduces machining time by 50%. The technology aims to enhance productivity and efficiency in precision machining for transportation applications. Award winners will be announced on April 18, 2024.
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-2.86%
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Kennametal Inc. reported a strong second quarter with sales of $495 million and earnings per diluted share (EPS) of $0.29. The company returned approximately $31 million to shareholders through share repurchases and dividends and announced an additional share repurchase program of up to $200 million over three years. However, the company updated its full-year outlook due to softening market conditions and no recovery in China this fiscal year.
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-2.43%
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Kennametal Inc. (KMT) will attend the Barclays Industrial Select Conference on February 21, 2024. The attendees include key executives like Patrick Watson, Sanjay Chowbey, Michael Pici, and Lori Lecker.
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-3.12%
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Kennametal Inc. (NYSE: KMT) will host its second quarter fiscal year 2024 earnings call on February 7, 2024. The press release and presentation will be available on the Company's website before market on February 7. The conference call will feature Christopher Rossi, President and CEO, and Patrick Watson, Vice President and CFO. The call will be broadcast via real-time audio on Kennametal's investor relations website.
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-0.54%
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conferences earnings
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Kennametal Inc. (NYSE: KMT) has been named one of America's Most Responsible Companies 2024 by Newsweek, ranking 70 out of 600 companies. This recognition reflects Kennametal's commitment to the environment, ethical business practices, and corporate social responsibility. The acknowledgment for the third consecutive year highlights the company's dedication to integrating environmental sustainability, social responsibility, and governance into its business.
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Kennametal Inc.

NYSE:KMT

KMT Rankings

KMT Stock Data

1.86B
78.30M
1.02%
109.85%
5.64%
Machine Tool Manufacturing
Manufacturing
Link
US
Pittsburgh

About KMT

kennametal delivers productivity to customers seeking peak performance in demanding environments by providing innovative custom and standard wear-resistant solutions. this proven productivity is enabled through our advanced materials sciences and application knowledge. our commitment to a sustainable environment provides additional value to our customers. kennametal’s portfolio of well-respected brand names and broad global presence enable us to help customers of all sizes in virtually every geography drive success at every stage of their value chain. strategically aligned across our two core businesses - industrial and infrastructure - our products and services touch nearly every manufacturing process. people around the globe can see and touch these results throughout many aspects of their day, from the light swtich they turn on to the car they drive.