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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 announced its participation in the Barclays 42nd Annual Industrial Select Conference in Miami, Florida, scheduled for Wednesday, February 19, 2025. The company will be represented by Patrick Watson, Vice President and Chief Financial Officer, and Michael Pici, Vice President, 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 supporting customers in nearly 100 countries, Kennametal generated $2 billion in revenues in fiscal 2024.

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Kennametal (NYSE: KMT) has announced its upcoming second quarter fiscal 2025 earnings conference call and webcast, scheduled for Wednesday, February 5, 2025, at 9:30 am ET. The earnings release and presentation materials will be available on the company's website before market opening on the same day.

The call will be hosted by Sanjay Chowbey, President and CEO, and Patrick Watson, Vice President and CFO. 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. Kennametal employs approximately 8,400 people and reported revenues of $2 billion in fiscal 2024.

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Kennametal (NYSE: KMT) has announced that Faisal Hamadi, currently Vice President of Value Creation Systems, will become President of the company's Infrastructure segment effective January 20, 2025, succeeding Franklin Cardenas. Hamadi joined Kennametal in July 2024 from Eaton , where he had 17 years of experience, most recently managing a $600 million aerospace business with over 1,000 employees.

CEO Sanjay Chowbey expressed confidence in Hamadi's strategic thinking, customer focus, and continuous improvement experience to grow and improve the Infrastructure business. Hamadi's current Value Creation Systems responsibilities will be integrated with existing roles at Kennametal. Cardenas will remain with the company through April 1, 2025, ensuring a smooth transition.

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Kennametal (NYSE: KMT) has been named one of America's Most Responsible Companies 2025 by Newsweek, marking its fourth consecutive year on the list. This recognition highlights the company's dedication to responsible business practices across environmental and social initiatives.

The ranking, compiled in collaboration with Statista, evaluates companies based on three ESG pillars: Environment, Social, and Corporate Governance. The 2025 list features 600 U.S.-based companies committed to positive global impact.

Kennametal, an industrial technology leader with over 85 years of experience, serves customers in aerospace, defense, earthworks, energy, and transportation sectors. The company operates in nearly 100 countries with approximately 8,400 employees and generated $2 billion in revenues in fiscal 2024.

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Kennametal (NYSE: KMT) has been named one of Caterpillar Inc's top indirect suppliers for 2024. The recognition highlights Kennametal's excellence in providing innovative solutions, productivity improvements, and engineering support. A key factor was the company's exceptional support in launching the Cat C27B and C32 cylinder heads at its Schertz, Texas facility. Kennametal, an industrial technology leader with over 85 years of experience, generates $2 billion in revenues and serves customers across aerospace, defense, earthworks, energy, and transportation sectors in nearly 100 countries with approximately 8,400 employees.

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Kennametal Inc. (NYSE: KMT) announced its participation in the UBS Global Industrials and Transportation Conference in Manalapan, Florida, on December 3, 2024.

Attendees will include Patrick Watson, Vice President and Chief Financial Officer, and Michael Pici, Vice President, Investor Relations.

With over 85 years of expertise, Kennametal specializes in materials science, tooling, and wear-resistant solutions, serving industries like aerospace, defense, energy, and transportation. The company employs approximately 8,400 people across nearly 100 countries and generated $2 billion in revenues in fiscal 2024.

For more details, visit www.kennametal.com.

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Kennametal reported fiscal 2025 first quarter results with sales of $482 million, down 2% from $492 million in the prior year. Earnings per share were $0.28, compared to $0.37 last year, while adjusted EPS was $0.29 versus $0.41. The company generated strong cash from operations of $46 million, up from $26 million year-over-year. Operating income decreased to $36 million (7.5% margin) from $45 million (9.2% margin). The company returned approximately $31 million to shareholders through $15 million in share repurchases and $16 million in dividends.

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Kennametal (NYSE: KMT) has expanded its turning portfolio with three new products: TopSwiss™ Turning Inserts, Micro Boring Solid (MBS) tooling, and KCU25B Turning Inserts. The TopSwiss™ line features four new carbide grades and is designed for Swiss-type small parts machining, particularly in medical, aerospace, and defense applications. The MBS tooling enables machining in bores as small as 0.3mm, while KCU25B inserts offer roughing and medium machining solutions with Kennametal's proprietary KENGold PVD coating. These innovations aim to improve output, enhance component quality, and reduce errors.

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Kennametal Inc. (NYSE: KMT) has announced its upcoming first quarter fiscal year 2025 earnings call, scheduled for Wednesday, November 6, 2024, at 9:30 am ET. The company will release its press release and presentation on its website before the market opens on November 6. The conference call will be hosted by Sanjay Chowbey, President and CEO, and Patrick Watson, Vice President and CFO.

Investors can access the real-time audio webcast of the conference call on Kennametal's investor relations website. Kennametal, an industrial technology leader with over 85 years of experience, provides productivity solutions through materials science, tooling, and wear-resistant solutions. The company serves customers in aerospace and defense, earthworks, energy, general engineering, and transportation sectors across nearly 100 countries. Kennametal reported revenues of $2 billion in fiscal 2024 and employs approximately 8,400 people globally.

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Kennametal Inc. (NYSE: KMT) has been recognized in TIME's World's Best Companies 2024 list, a prestigious accolade based on revenue growth, employee satisfaction, and sustainability data. This recognition highlights Kennametal's commitment to its stakeholders, including employees, customers, investors, and community partners.

President and CEO Sanjay Chowbey emphasized the company's focus on growth, employee engagement, and sustainability as central to their strategy. Kennametal, an industrial technology leader with over 85 years of experience, provides materials science, tooling, and wear-resistant solutions to customers in aerospace, defense, earthworks, energy, and transportation sectors.

In fiscal 2024, Kennametal generated $2 billion in revenues and employs approximately 8,400 people across nearly 100 countries. The company's dedication to sustainability is detailed in its fiscal year 2024 Corporate Responsibility Report.

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FAQ

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

The current stock price of Kennametal (KMT) is $20.74 as of May 8, 2025.

What is the market cap of Kennametal (KMT)?

The market cap of Kennametal (KMT) is approximately 1.5B.
Kennametal

NYSE:KMT

KMT Rankings

KMT Stock Data

1.51B
75.18M
1.27%
113.48%
5.23%
Tools & Accessories
Machine Tools, Metal Cutting Types
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United States
PITTSBURGH