Kennametal Inc.

Equities

KMT

US4891701009

Industrial Machinery & Equipment

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
24.04 ^USD	+1.18%		-1.92%	-6.79%

Mar. 14	Kennametal Names Sanjay Chowbey President, CEO	MT
Mar. 14	Kennametal Inc. Announces Board Changes	CI

Kennametal Inc. acquired Meccanica Veneta Srl.

December 01, 2023

Kennametal Inc. (NYSE:KMT) acquired Meccanica Veneta Srl on June 4, 2023. Ferdinando Fraschini of BDO Italia S.p.A. acted as due diligence provider to Kennametal Inc.

Kennametal Inc. (NYSE:KMT) completed the acquisition of Meccanica Veneta Srl on June 4, 2023.

Latest news about Kennametal Inc.

Kennametal Names Sanjay Chowbey President, CEO	Mar. 14	MT
Kennametal Inc. Announces Board Changes	Mar. 14	CI
Kennametal Inc. Announces CEO Changes	Mar. 14	CI
Kennametal Announces Strategic Partnership with ModuleWorks for Intelligent Manufacturing Solutions	Mar. 05	CI
Kennametal India Renews Royalty Agreement with Holding Company	Feb. 29	MT
UBS Adjusts Kennametal Price Target to $21 From $20, Maintains Sell Rating	Feb. 09	MT
Transcript : Kennametal Inc., Q2 2024 Earnings Call, Feb 07, 2024	Feb. 07
Kennametal's Fiscal Q2 Earnings Rise, Sales Fall; Fiscal 2024 Guidance Cut, $200 Million Share Buyback Approved	Feb. 07	MT
Kennametal Inc. announces an Equity Buyback for $200 million worth of its shares.	Feb. 07	CI
Tranche Update on Kennametal Inc.'s Equity Buyback Plan announced on August 2, 2021.	Feb. 07	CI
Earnings Flash (KMT) KENNAMETAL Posts Q2 Revenue $495.3M, vs. Street Est of $499M	Feb. 07	MT
Earnings Flash (KMT) KENNAMETAL Posts Q2 EPS $0.30, vs. Street Est of $0.25	Feb. 07	MT
Kennametal Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 07	CI
Kennametal Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2024	Feb. 07	CI
North American Morning Briefing : Stock Futures -2-	Feb. 07	DJ
Kennametal Inc. Declares Quarterly Cash Dividend, Payable on February 27, 2024	Feb. 02	CI
Kennametal Inc. authorizes a Buyback Plan.	Feb. 01	CI
Kennametal Inc. acquired Meccanica Veneta Srl.	Dec. 01	CI
Goldman Sachs Adjusts Price Target on Kennametal to $23 From $26, Keeps Sell Rating	Nov. 02	MT
Transcript : Kennametal Inc., Q1 2024 Earnings Call, Nov 01, 2023	Nov. 01
New FV Geometry by Kennametal Inc. Features Innovative Chip Breaker Design	Nov. 01	CI
Tranche Update on Kennametal Inc.'s Equity Buyback Plan announced on August 2, 2021.	Nov. 01	CI
North American Morning Briefing : Fed Decision, -2-	Nov. 01	DJ
Earnings Flash (KMT) KENNAMETAL Reports Q1 Revenue $492.5M, vs. Street Est of $503.6M	Nov. 01	MT
Earnings Flash (KMT) KENNAMETAL Reports Q1 EPS $0.41, vs. Street Est of $0.35	Nov. 01	MT

Chart Kennametal Inc.

Duration

Period

More charts

Company Profile

Kennametal Inc. is an industrial technology company, which serves customers across the aerospace and defense, earthworks, energy, general engineering and transportation end markets. The Company's segments include Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets. The Metal Cutting segment offers products, including milling, hole making, turning, threading and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships and various types of industrial equipment. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders, for the aerospace and defense, energy, earthworks and general engineering end markets. The Infrastructure segment markets its products under the Kennametal brand.

Sector

Industrial Machinery & Equipment

Calendar

2024-05-07 - Q3 2024 Earnings Release

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Kennametal Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

24.04 USD

Average target price

25 USD

Spread / Average Target

+3.99%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Machine Tools

	1st Jan change	Capi.
KENNAMETAL INC.	-6.79%	1.91B
DMG MORI CO., LTD.	+54.30%	3.74B
NINGBO HAITIAN PRECISION MACHINERY CO.,LTD.	+8.22%	2.04B
SHENYANG MACHINE TOOL CO., LTD.	+0.43%	1.99B
GUANGDONG CREATE CENTURY INTELLIGENT EQUIPMENT GROUP CORPORATION LIMITED	-5.37%	1.38B
OKUMA CORPORATION	+15.70%	1.36B
SHENZHEN YINGHE TECHNOLOGY CO., LTD	-16.05%	1.38B
QINGDAO GAOCE TECHNOLOGY CO., LTD	-28.65%	1.3B
QINCHUAN MACHINE TOOL & TOOL GROUP SHARE CO., LTD.	-17.02%	1.24B
OSG CORPORATION	-0.74%	1.18B

Machine Tools