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Kennametal Stock Price, News & Analysis

KMT NYSE

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 reported fiscal 2023 Q1 earnings with sales of $495 million, a 2% year-over-year increase, driven by 9% organic growth despite a 7% negative foreign currency effect. EPS declined to $0.34 from $0.43 in the prior year. Operating income fell to $49 million, reflecting increased raw material costs and supply chain disruptions. The company returned approximately $36 million to shareholders in share repurchases and dividends. Guidance for Q2 sales estimates is $480 - $500 million with an expected annual sales range of $2.0 - $2.08 billion.

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Kennametal Inc. (NYSE: KMT) has announced its participation in the Baird 2022 Global Industrial Conference on November 9, 2022. Key executives attending include President Christopher Rossi, CFO Patrick Watson, and Investor Relations VP Kelly Boyer. With over 80 years of experience, Kennametal is a leader in industrial technology, providing material science and tooling solutions that enhance productivity across various sectors, generating $2 billion in revenue for fiscal 2022. For more details, visit www.kennametal.com.

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Kennametal Inc. (NYSE: KMT) will hold a conference call on November 1, 2022, at 8 a.m. ET to discuss its first quarter fiscal year 2023 earnings. The earnings release and presentation will be accessible on the company's website post-market close on October 31, 2022. Christopher Rossi, President and CEO, and Patrick Watson, VP and CFO, will host the call. Kennametal, an industrial technology leader, generated $2 billion in revenue in fiscal 2022, providing tooling and materials science solutions globally.

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Kennametal Inc. (NYSE: KMT) announced its participation in the Morgan Stanley 10th Annual Laguna Conference scheduled for September 15, 2022. Key attendees include Patrick Watson, CFO, and Kelly Boyer, VP of Investor Relations. With over 80 years of leadership in industrial technology, Kennametal focuses on materials science, tooling, and wear-resistant solutions across various sectors, including aerospace and energy. The company generated $2 billion in revenues for fiscal 2022 and employs approximately 8,700 people across more than 60 countries.

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Kennametal reported a strong FY22, with sales increasing 9% year-over-year to $2.0 billion and an adjusted EPS of $1.78 compared to $1.04 in FY21. Q4 sales rose 3% to $530 million, driven by a 7% organic growth. The company returned $152 million to shareholders through buybacks and dividends. Operating margins improved significantly, with a 10.8% margin for the year. The outlook for FY23 includes anticipated sales of $480-$500 million and ongoing share repurchases as part of a $200 million program.

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Kennametal (NYSE: KMT) announced its participation at the Jefferies Industrials Conference on August 10, 2022. Key executives, including President Christopher Rossi and CFO Patrick Watson, will represent the company. Kennametal, a leader in industrial technology with over 80 years of experience, specializes in materials science and tooling solutions, serving clients in various sectors such as aerospace and energy. The company reported $1.8 billion in revenue for fiscal 2021 and employs approximately 8,600 individuals worldwide.

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Kennametal Inc. (NYSE: KMT) is set to host its fourth quarter fiscal year 2022 earnings call on August 2, 2022, at 8 a.m. ET. Details regarding the earnings release and presentation will be available after market close on August 1, 2022, on the company's investor relations website. Christopher Rossi, President and CEO, and Patrick Watson, Vice President and CFO, will lead the call. Kennametal, a recognized leader in industrial technology, reported $1.8 billion in revenues for fiscal 2021 and serves customers in over 60 countries.

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AGCO has appointed Damon Audia as Chief Financial Officer effective July 1, 2022, succeeding Andy Beck, who will retire in early 2023. Audia joins from Kennametal Inc. after serving as CFO since August 2018. He brings extensive financial and manufacturing experience, having also held leadership roles at Carpenter Technology and Goodyear. The transition aims to strengthen AGCO’s leadership as it develops innovative solutions for farmers.

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Kennametal Inc. (NYSE: KMT) announces the appointment of Patrick S. Watson as the new Chief Financial Officer (CFO), effective immediately. Watson, who has 18 years of experience with Kennametal in various finance roles, takes over from Damon Audia, who has served since September 2018. As CFO, Watson will be integral in advancing the Company's strategy and overseeing finance, investor relations, and technology functions. Kennametal reported $1.8 billion in revenues for fiscal 2021, indicating a robust market presence.

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Kennametal Inc. (NYSE: KMT) will participate in the Loop Capital Investor Conference on June 2, 2022. The event will feature Damon Audia, Vice President and CFO, and Kelly Boyer, Vice President of Investor Relations. Kennametal, a leader in industrial technology for over 80 years, reported $1.8 billion in revenue for fiscal 2021 and serves customers in various sectors, including aerospace and energy, with a global workforce of approximately 8,600 employees.

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FAQ

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

The current stock price of Kennametal (KMT) is $24.35 as of July 16, 2025.

What is the market cap of Kennametal (KMT)?

The market cap of Kennametal (KMT) is approximately 1.8B.
Kennametal

NYSE:KMT

KMT Rankings

KMT Stock Data

1.82B
75.18M
1.27%
113.48%
5.23%
Tools & Accessories
Machine Tools, Metal Cutting Types
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United States
PITTSBURGH