Recent Insider Transactions • Jun 04
VP & CTO recently sold €342k worth of stock On the 2nd of June, Carlonda Reilly sold around 12k shares on-market at roughly €28.45 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €420k. Insiders have been net sellers, collectively disposing of €3.1m more than they bought in the last 12 months. Annuncio • May 08
Kennametal Inc. Raises Earnings Guidance for the Full Fiscal Year 2026 Kennametal Inc. raised earnings guidance for the full fiscal year 2026. For the period, the company expects sales to be $2.33 billion to $2.35 billion. Annuncio • Apr 15
Kennametal Inc. to Report Q3, 2026 Results on May 06, 2026 Kennametal Inc. announced that they will report Q3, 2026 results Pre-Market on May 06, 2026 Annuncio • Feb 05
Kennametal Inc. Provides Earnings Guidance for the Fiscal Year 2026 Kennametal Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects sales to be between $2.19 billion and $2.25 billion, with volume ranging from flat to positive 3%. Annuncio • Feb 04
Kennametal Inc. Provides Earnings Guidance for the Third Quarter and Full Fiscal Year 2026 Kennametal Inc. provided earnings guidance for the third quarter and full fiscal year 2026. For the quarter, Sales are expected to be $545 million- $565 million. For the year, Sales are expected to be $2.190 billion- $2.250 billion. Annuncio • Jan 31
Kennametal Inc. Declarers Quarterly Cash Dividend, Payable on February 24, 2026 On January 27, 2026, the Board of Directors of Kennametal Inc. declared a quarterly cash dividend of $0.20 per share. The dividend is payable on February 24, 2026 to shareholders of record as of the close of business on February 10, 2026. Annuncio • Jan 14
Kennametal Inc. to Report Q2, 2026 Results on Feb 04, 2026 Kennametal Inc. announced that they will report Q2, 2026 results Pre-Market on Feb 04, 2026 Annuncio • Oct 31
Kennametal Inc. Declares Cash Quarterly Cash Dividend, Payable on November 24, 2025 On October 28, 2025, Kennametal Inc.’s Board of Directors declared a quarterly cash dividend of $0.20 per share. The dividend is payable on November 24, 2025 to shareholders of record as of the close of business on November 10, 2025. Annuncio • Oct 15
Kennametal Inc. to Report Q1, 2026 Results on Nov 05, 2025 Kennametal Inc. announced that they will report Q1, 2026 results Pre-Market on Nov 05, 2025 Annuncio • Sep 16
Kennametal Inc., Annual General Meeting, Oct 28, 2025 Kennametal Inc., Annual General Meeting, Oct 28, 2025. Annuncio • Aug 06
Kennametal Inc. Provides Earnings Guidance for the First Quarter and Full Fiscal Year of 2026 Kennametal Inc. provided earnings guidance for the first quarter and full fiscal year of 2026. For the quarter, the company expects sales to be $465 million to $485 million.
For the full year, the company expects sales to be $1.95 billion to $2.05 billion. Annuncio • Jul 17
Kennametal Inc. to Report Q4, 2025 Results on Aug 06, 2025 Kennametal Inc. announced that they will report Q4, 2025 results Pre-Market on Aug 06, 2025 Annuncio • Jun 07
An undisclosed buyer acquired Kennametal Stellite, LP from Kennametal Inc. (NYSE:KMT) for $19 million. An undisclosed buyer acquired Kennametal Stellite, LP from Kennametal Inc. (NYSE:KMT) for $19 million on June 6, 2025. A cash consideration of $19 million will be paid by the buyer.
An undisclosed buyer completed the acquisition of Kennametal Stellite, LP from Kennametal Inc. (NYSE:KMT) on June 6, 2025. Annuncio • May 07
Kennametal Inc. Updates Earnings Guidance for the Full Fiscal Year of 2025 Kennametal Inc. updated earnings guidance for the full fiscal year of 2025. For the year, the company expects sales to be $1.970 billion- $1.990 billion. Annuncio • May 03
Kennametal Inc. announces Quarterly dividend, payable on May 27, 2025 Kennametal Inc. announced Quarterly dividend of USD 0.2000 per share payable on May 27, 2025, ex-date on May 13, 2025 and record date on May 13, 2025. Annuncio • May 01
Kennametal Inc. Announces Board Changes Kennametal Inc. announced the election of Shelley Bausch to its Board of Directors, effective May 1, 2025. Bausch will replace Cindy L. Davis, who has served on the Kennametal Board of Directors since November 2012 and will be retiring on September 1, 2025. Shelley Bausch is the recently retired President, Global Industrial Coatings at Axalta, a global leader in the coatings industry. She led Axalta's Industrial Coatings businesses, which include energy solutions, general industrial and powder coatings, among others. Shelley Bausch recently retired as President, Global Industrial Coatings at Axalta. Previously, Bausch led the Asia Pacific region and the Fluid Technologies business unit for the Carlisle Companies Inc., a manufacturer of engineered products used in roofing, architectural metal, aerospace, medical technologies, industrial, transportation, refinish, and agriculture, mining and construction equipment markets. Before Carlisle, she led the Industrial Coatings business for PPG from 2014 to 2017 and spent 25 years at Dow Corning Corporation in a variety of senior management and commercial roles, including several years in Shanghai, China. Since 2023, Bausch has served on the board of directors of GATX Corporation, a leading global lessor of transportation assets including railcars and aircraft spare engines, where she also serves on the Audit Committee and Governance Committee. Bausch earned a B.S. in Business Administration, summa cum laude, from Alma College and an M.B.A. from the University of Michigan – Flint. Annuncio • Apr 16
Kennametal Inc. to Report Q3, 2025 Results on May 07, 2025 Kennametal Inc. announced that they will report Q3, 2025 results Pre-Market on May 07, 2025 Annuncio • Feb 07
Kennametal Inc. Declares Quarterly Cash Dividend, Payable on February 25, 2025 Kennametal Inc. announced that its Board of Directors declared a quarterly cash dividend of USD 0.20 per share. The dividend is payable on February 25, 2025 to shareholders of record as of the close of business on February 11, 2025. Annuncio • Feb 06
MachiningCloud Brings Litigation Against Kennametal for Theft of Trade Secrets and Breach of Contract MachiningCloud (the Company) announced that it has initiated a lawsuit in the Superior Court of the State of California, County of Ventura, against Kennametal Inc. ("Kennametal") to protect MachiningCloud's business and the Company's intellectual property rights. The lawsuit asserts that Kennametal stole trade secrets and contractually protected confidential information from MachiningCloud and failed to pay clearly owed commissions pursuant to an agreement between the two companies (the "Agreement"). Specifically, the lawsuit outlines how Kennametal contracted with the Company to build "Novo," a proprietary sales platform for Kennametal. Over time, Kennametal used the Company's confidential information and intellectual property to build its own competing platform. Kennametal went as far as to file an illegitimate patent application for its knock-off platform. At the same time Kennametal failed to pay MachiningCloud commissions it owed on more than $1 billion of transactions initiated by or through the use of Novo. In doing so, the lawsuit asserts, among other things, that Kennametal: · Breached provisions in the Agreement regarding confidentiality, payment rights and audit and accounting rights; · Violated the California Uniform Trade Secrets Act; and · Breached the implied covenant of good faith and fair dealing. MachiningCloud issued the following statement: MachiningCloud is proud to be a trusted partner to network of customers, providing unparalleled data access and seamless solutions that enable greater innovation and success. MachiningCloud is seeking in excess of $330 million in cash damages, punitive and exemplary damages and injunctive relief that would enjoin Kennametal from further acquiring, disclosing or using MachiningCloud's trade secrets, and would shut down Kennametal's knock-off system and platform. Stubbs Alderton & Markiles, LLP is serving as legal counsel to MachiningCloud. Annuncio • Feb 05
Kennametal Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2024 Kennametal Inc. provided earnings guidance for the third quarter and full year of 2024. For the quarter, the company expects Sales expected to be $480 - $500 million.
For the year, the company expects Sales now expected to be $1.950- $2.0 billion. Annuncio • Jan 30
Kennametal Inc. Names Douglas Dietrich to Board of Directors, Effective from February 1, 2025 Kennametal Inc. announced the election of Douglas Dietrich to its Board of Directors, effective February 1, 2025. Dietrich is currently the Executive Chairman and CEO of Minerals Technologies, a publicly traded specialty minerals company. Annuncio • Jan 15
Kennametal Inc. Appoints Faisal Hamadi as President of Infrastructure Segment Kennametal Inc. announced that Faisal Hamadi, currently Vice President of Kennametal's Value Creation Systems, will succeed Franklin Cardenas as President of the Company's Infrastructure segment, effective January 20, 2025. Hamadi joined Kennametal in July 2024 from Eaton Corporation where he had 17 years of experience in progressively larger roles. Most recently, he had P&L ownership as the General Manager of a $600 million aerospace business that served major airlines and OEMs globally and had more than 1,000 employees. Hamadi's existing Value Creation Systems responsibilities will be combined with existing roles at Kennametal, providing strong alignment between business, operations and continuous improvement efforts across the company. Cardenas will remain with the company through April 1, 2025. Recent Insider Transactions • Nov 14
VP & Chief Administrative Officer recently sold €871k worth of stock On the 7th of November, Judith Bacchus sold around 32k shares on-market at roughly €27.23 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.5m more than they bought in the last 12 months. Reported Earnings • Nov 07
First quarter 2025 earnings released: EPS: US$0.28 (vs US$0.38 in 1Q 2024) First quarter 2025 results: EPS: US$0.28 (down from US$0.38 in 1Q 2024). Revenue: US$481.9m (down 2.1% from 1Q 2024). Net income: US$22.1m (down 26% from 1Q 2024). Profit margin: 4.6% (down from 6.1% in 1Q 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €28.80, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 10x in the Machinery industry in Germany. Total loss to shareholders of 6.7% over the past three years. Annuncio • Oct 25
Kennametal Inc. Expands Legacy Portfolio with Three New Turning Products Kennametal Inc. is expanding its turning portfolio with the introduction of new inserts and cutting tools that significantly broadens its machining capabilities in the small parts and medical machining space. The three new products -TopSwiss Turning Inserts and Micro Boring Solid (MBS) tooling, and KCU25B Turning Inserts - are designed to improve output, enhance component quality, reduce errors and help customers achieve accurate and clean results. Kennametal's new TopSwiss Turning inserts are uniquely designed for Swiss-type small parts machining and engineered for low feed, high depth-of-cut applications in medical, as well as aerospace and defense, general engineering and transportation. The portfolio features: Four new carbide grades, one new cermet grade and seven new geometries. Straight and curved cutting edges for stable cuts and smooth chip flow in low feed, high DOC applications. Polished finishing geometries for increased welding resistance and improved surface finishing. Medium and finishing wiper geometries for increased feed rates and superior surface quality. Several geometries with high chip breaker walls and large pockets for better chip evacuation. New Micro Boring Solid (M BBS) tooling allows for the machining of even smaller applications with greater flexibility and flexibility, and promises sharp cutting edges, low cutting forces and superior chip evacuation that result in longer tool life and excellent surface finishes. The latest in the TopSwiss lineup includes high performance internal turning in bores as small as O0.3mm (0.012"), precision ground insert shanks for high accuracy and stability, and over 1,100 standard items provide the right holder and insert for each application. Also new, KCU25B Turning inserts offer a powerful roughing and medium machining metal cutting solution for aerospace and defense, energy, general engineering and transportation shops working with steels, stainless steels, cast iron and high-temp alloys. Ideal for the most common turning, grooving and cut-off applications, KCU25B inserts also feature Kennametal's proprietary KENGold PVD coating--delivering multiple layers of protection for better flank and chipping resistance. Annuncio • Oct 16
Kennametal Inc. to Report Q1, 2025 Results on Nov 06, 2024 Kennametal Inc. announced that they will report Q1, 2025 results Pre-Market on Nov 06, 2024 Annuncio • Aug 05
Kennametal Inc. Appoints David Bersaglini as President of Metal Cutting Segment Kennametal Inc. announced that David Bersaglini will join the company as Vice President of Kennametal Inc. and President of the Metal Cutting segment, effective August 26, 2024. Bersaglini has nearly 25 years of experience and comes to the company from Copeland, a spin-off of Emerson, where he was Vice President and General Manager of Global Refrigeration. Bersaglini will serve on the company's Executive Leadership Team and will report directly to Chowbey, whom he succeeds as President, Metal Cutting. As President of the Metal Cutting segment, Bersaglini will be accountable for all aspects of the global business, including advancing the strategy, driving operational excellence and delivering profitable growth. Most recently, Bersaglini was Vice President and General Manager of Copeland's $1 billion Global Refrigeration segment and was responsible for developing and implementing strategy to deliver long-term profitable growth for the Americas, Europe and Asia. In this role, he was also responsible for manufacturing, global product strategy, engineering development, sales and marketing. Prior, he managed a $650 million P&L as Vice President and General Manager, Refrigeration. Bersaglini joined Emerson in 2001 and progressed through leadership roles in product management, marketing, sales, strategic planning and general management before transitioning to Copeland during the 2023 spin-off. Throughout his tenure with Emerson, Bersaglini focused on driving value creation through growth by developing market strategies and new products to deliver differentiated solutions to end customers. As Vice President, Marketing and Development he was responsible for the Asia Pacific market and he also held an enterprise-level leadership role as Vice President, Corporate Planning. Bersaglini earned a Bachelor of Science in mechanical engineering and a Master of Business Administration from The Ohio State University. Annuncio • Jul 18
Kennametal Inc. to Report Q4, 2024 Results on Aug 07, 2024 Kennametal Inc. announced that they will report Q4, 2024 results Pre-Market on Aug 07, 2024 Annuncio • Jun 13
Kennametal Inc. Resumes Operations At Production Facility in Rogers, Arkansas Kennametal Inc. announced that it has resumed operations at its facility in Rogers, AR, following a previous shutdown due to damage from a tornado on May 26. The Company continues to assess the financial effects of the storm and is working with its insurance carrier. As previously announced, the facility was shut down for the Memorial Day weekend when the tornado struck, and no one was injured. The Rogers plant supports the Company’s Infrastructure segment and produces engineered carbide wear components primarily serving the Energy, General Engineering and Earthworks end markets. The facility also produces rods used in the manufacturing of certain round tools for the Company’s Metal cutting segment. Buy Or Sell Opportunity • May 23
Now 21% undervalued Over the last 90 days, the stock has risen 8.3% to €23.60. The fair value is estimated to be €29.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 3.6% in 2 years. Earnings are forecast to grow by 22% in the next 2 years. New Risk • May 14
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €314k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Recent Insider Transactions • May 14
VP, Secretary & General Counsel recently sold €291k worth of stock On the 9th of May, Michelle Keating sold around 12k shares on-market at roughly €24.22 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €626k more than they bought in the last 12 months. Reported Earnings • May 09
Third quarter 2024 earnings released: EPS: US$0.24 (vs US$0.40 in 3Q 2023) Third quarter 2024 results: EPS: US$0.24 (down from US$0.40 in 3Q 2023). Revenue: US$515.8m (down 3.8% from 3Q 2023). Net income: US$19.0m (down 41% from 3Q 2023). Profit margin: 3.7% (down from 6.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Annuncio • Apr 19
Kennametal Inc. to Report Q3, 2024 Results on May 08, 2024 Kennametal Inc. announced that they will report Q3, 2024 results at 9:30 AM, US Eastern Standard Time on May 08, 2024 Reported Earnings • Feb 08
Second quarter 2024 earnings released: EPS: US$0.29 (vs US$0.27 in 2Q 2023) Second quarter 2024 results: EPS: US$0.29 (up from US$0.27 in 2Q 2023). Revenue: US$495.3m (flat on 2Q 2023). Net income: US$23.1m (up 5.5% from 2Q 2023). Profit margin: 4.7% (up from 4.4% in 2Q 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annuncio • Feb 08
Kennametal Inc. (NYSE:KMT) announces an Equity Buyback for $200 million worth of its shares. Kennametal Inc. (NYSE:KMT) announces a share repurchase program. Under the program, the company will repurchase up to $200 million worth of its shares. The company expects to fund repurchases through cash generated from operations. The program is valid for 3 years. Annuncio • Feb 07
Kennametal Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2024 Kennametal Inc. provided earnings guidance for the third quarter and full year of 2024. For the quarter, the company expects Sales expected to be $510 million to $530 million.For the year, the company expects Sales now expected to be $2.020 billion to $2.070 billion. Declared Dividend • Feb 07
First quarter dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 12th February 2024 Payment date: 27th February 2024 Dividend yield will be 3.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Feb 03
Kennametal Inc. Declares Quarterly Cash Dividend, Payable on February 27, 2024 On January 30, 2024, the Board of Directors of Kennametal Inc. declared a quarterly cash dividend of $0.20 per share. The dividend is payable on February 27, 2024 to shareholders of record as of the close of business on February 13, 2024. Annuncio • Jan 18
Kennametal Inc. to Report Q2, 2024 Results on Feb 07, 2024 Kennametal Inc. announced that they will report Q2, 2024 results on Feb 07, 2024 Reported Earnings • Nov 02
First quarter 2024 earnings released: EPS: US$0.38 (vs US$0.35 in 1Q 2023) First quarter 2024 results: EPS: US$0.38 (up from US$0.35 in 1Q 2023). Revenue: US$492.5m (flat on 1Q 2023). Net income: US$30.1m (up 6.6% from 1Q 2023). Profit margin: 6.1% (up from 5.7% in 1Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Oct 27
Kennametal Inc. Announces Chairman of the Board Changes Kennametal Inc. announced that its Board of Directors has unanimously appointed William M. Lambert as Chairman of the Board effective November 1, 2023. Lambert succeeds Lawrence W. Stranghoener, who is stepping down from the Chairman role after serving as either Chairman of the Board or Independent Lead Director since 2015. The underlying composition of the Board is unaffected, and Stranghoener will remain on the Board of Directors and serve on its Audit Committee. About Lambert: William (Bill) Lambert has been an independent director of the Kennametal Board since 2016 and has been chair of the Audit Committee since 2019. He is also a member of the Board of Directors of MSA Safety Incorporated ("MSA"), a global leader in the manufacture and supply of workplace safety products. He is the retired President and Chief Executive Officer of MSA, having served in this position from 2008 until May 2018. Lambert has been a director on MSA's Board since 2007, holding the Chairman position from May 2015 through May 2020. He joined MSA in 1981 as a design engineer and over the years served the company in a variety of capacities of increasing responsibility. Lambert previously served on the Board of Directors of EQT Corporation, a natural gas producer, from November 2018 through July 2019. He has achieved "Fellow" status with the National Association of Corporate Directors (NACD). He holds a Bachelor's degree in Mechanical Engineering from Penn State University and a Master's degree in Industrial Administration from Carnegie Mellon University. Annuncio • Oct 12
Kennametal Inc. to Report Q1, 2024 Results on Nov 01, 2023 Kennametal Inc. announced that they will report Q1, 2024 results Pre-Market on Nov 01, 2023 Recent Insider Transactions • Sep 17
Independent Director recently sold €273k worth of stock On the 14th of September, Cynthia Davis sold around 11k shares on-market at roughly €23.91 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €332k more than they bought in the last 12 months. Annuncio • Sep 13
Kennametal Inc., Annual General Meeting, Oct 24, 2023 Kennametal Inc., Annual General Meeting, Oct 24, 2023, at 14:00 US Eastern Standard Time. Agenda: To consider election of ten directors for terms to expire in 2024; to consider ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending June 30, 2024; to consider non-binding (advisory) vote to approve the compensation paid to the Company’s named executive officers, as disclosed in this Proxy Statement; and to consider non-binding (advisory) vote on the frequency of the future advisory votes on executive compensation. Reported Earnings • Aug 02
Full year 2023 earnings released: EPS: US$1.47 (vs US$1.74 in FY 2022) Full year 2023 results: EPS: US$1.47 (down from US$1.74 in FY 2022). Revenue: US$2.08b (up 3.3% from FY 2022). Net income: US$118.5m (down 18% from FY 2022). Profit margin: 5.7% (down from 7.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 12
Kennametal Inc. to Report Q4, 2023 Results on Aug 01, 2023 Kennametal Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 01, 2023 Buying Opportunity • May 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €29.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 66%. Revenue is forecast to grow by 7.0% in 2 years. Earnings is forecast to grow by 33% in the next 2 years. Reported Earnings • May 03
Third quarter 2023 earnings released: EPS: US$0.40 (vs US$0.42 in 3Q 2022) Third quarter 2023 results: EPS: US$0.40 (down from US$0.42 in 3Q 2022). Revenue: US$536.0m (up 4.6% from 3Q 2022). Net income: US$31.9m (down 9.5% from 3Q 2022). Profit margin: 6.0% (down from 6.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 08
Kennametal Inc. Provides Consolidated Earnings Guidance for the Third Quarter and Full Year 2023 Kennametal Inc. provided consolidated earnings guidance for the third quarter and full year 2023. For the quarter, the company's sales expected to be $520 million to $540 million; includes a headwind of approximately $20 million from USD strength compared to the third quarter of fiscal 2022 and approximately 7% of price realization.For the full year, the company's Sales expected to be $2.05 billion to $2.1 billion, including a currency headwind of approximately $100 million. Reported Earnings • Feb 07
Second quarter 2023 earnings released: EPS: US$0.27 (vs US$0.38 in 2Q 2022) Second quarter 2023 results: EPS: US$0.27 (down from US$0.38 in 2Q 2022). Revenue: US$497.1m (up 2.1% from 2Q 2022). Net income: US$21.9m (down 30% from 2Q 2022). Profit margin: 4.4% (down from 6.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annuncio • Feb 07
Kennametal Inc. Declares Quarterly Cash Dividend, Payable on February 28, 2023 Kennametal Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share. The dividend is payable on February 28, 2023 to shareholders of record as of the close of business on February 14, 2023. Annuncio • Feb 02
Kennametal Inc. Appoints Paul Sternlieb to the Audit Committee of the Board Kennametal Inc. announced at the meeting of the company’s board on January 31, 2023, the board appointed Mr. Paul Sternlieb to the audit committee of the board, to serve in such capacity until his successor has been chosen and elected or until his earlier resignation or removal. Annuncio • Jan 17
Kennametal Inc. to Report Q2, 2023 Results on Feb 06, 2023 Kennametal Inc. announced that they will report Q2, 2023 results After-Market on Feb 06, 2023 Reported Earnings • Nov 02
First quarter 2023 earnings released: EPS: US$0.35 (vs US$0.43 in 1Q 2022) First quarter 2023 results: EPS: US$0.35 (down from US$0.43 in 1Q 2022). Revenue: US$494.8m (up 2.3% from 1Q 2022). Net income: US$28.2m (down 22% from 1Q 2022). Profit margin: 5.7% (down from 7.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 02
Full year 2022 earnings released: EPS: US$1.74 (vs US$0.65 in FY 2021) Full year 2022 results: EPS: US$1.74 (up from US$0.65 in FY 2021). Revenue: US$2.01b (up 9.3% from FY 2021). Net income: US$144.6m (up 166% from FY 2021). Profit margin: 7.2% (up from 3.0% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.3%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • May 06
Independent Director recently bought €911k worth of stock On the 4th of May, William Lambert bought around 37k shares on-market at roughly €24.83 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €938k more in shares than they have sold in the last 12 months. Annuncio • May 05
Kennametal Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2022 Kennametal Inc. provided earnings guidance for the fourth quarter and full year 2022. The company expected sales of $510 million to $530 million. Reported Earnings • May 04
Third quarter 2022 earnings released: EPS: US$0.42 (vs US$0.26 in 3Q 2021) Third quarter 2022 results: EPS: US$0.42 (up from US$0.26 in 3Q 2021). Revenue: US$512.3m (up 5.7% from 3Q 2021). Net income: US$35.3m (up 63% from 3Q 2021). Profit margin: 6.9% (up from 4.5% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.5%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. Independent Director Lorraine Martin was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 13
Kennametal Inc. to Report Q3, 2022 Results on May 02, 2022 Kennametal Inc. announced that they will report Q3, 2022 results After-Market on May 02, 2022 Recent Insider Transactions • Mar 23
Independent Director recently bought €26k worth of stock On the 14th of March, Joseph Alvarado bought around 1k shares on-market at roughly €26.44 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 08
Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint Second quarter 2022 results: EPS: US$0.38 (up from US$0.23 in 2Q 2021). Revenue: US$486.7m (up 11% from 2Q 2021). Net income: US$31.4m (up 62% from 2Q 2021). Profit margin: 6.5% (up from 4.4% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 9.3%, compared to a 10.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 02
First quarter 2022 earnings released: EPS US$0.43 (vs US$0.26 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$483.5m (up 21% from 1Q 2021). Net income: US$36.2m (up US$57.9m from 1Q 2021). Profit margin: 7.5% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 03
Full year 2021 earnings released: EPS US$0.65 (vs US$0.068 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: US$1.84b (down 2.3% from FY 2020). Net income: US$54.4m (up US$60.1m from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Annuncio • May 05
Kennametal Inc. Provides Earnings Guidance for the Fourth Quarter of 2021 Kennametal Inc. Provided Earnings Guidance for the fourth quarter of 2021. For the quarter, the company's Sales are expected to be up mid-single digits sequentially. Reported Earnings • May 05
Third quarter 2021 earnings released: EPS US$0.26 (vs US$0.035 in 3Q 2020) The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: US$484.7m (flat on 3Q 2020). Net income: US$21.6m (up US$18.7m from 3Q 2020). Profit margin: 4.5% (up from 0.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Annuncio • May 04
Kennametal Inc. Declares Cash Dividend for the Second Quarter Ended December 31, 2020, Payable on May 25, 2021 The board of directors of Kennametal Inc. declared a quarterly cash dividend of $0.20 per share for fiscal 2021 third quarter ended March 31, 2021. The dividend is payable on May 25, 2021 to shareholders of record as of the close of business on May 11, 2021. Recent Insider Transactions • Mar 13
VP & Chief Administrative Officer recently sold €88k worth of stock On the 8th of March, Judith Bacchus sold around 3k shares on-market at roughly €34.06 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €731k more than they bought in the last 12 months. Reported Earnings • Feb 03
Second quarter 2021 earnings released: EPS US$0.23 (vs US$0.071 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: US$440.5m (down 13% from 2Q 2020). Net income: US$19.4m (up US$25.3m from 2Q 2020). Profit margin: 4.4% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 03
Revenue beats expectations Revenue exceeded analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 9.0%, compared to a 4.9% growth forecast for the Machinery industry in Germany. Is New 90 Day High Low • Jan 27
New 90-day high: €33.40 The company is up 29% from its price of €25.80 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.83 per share. Annuncio • Jan 13
Kennametal Inc. to Report Q2, 2021 Results on Feb 01, 2021 Kennametal Inc. announced that they will report Q2, 2021 results After-Market on Feb 01, 2021 Is New 90 Day High Low • Jan 07
New 90-day high: €32.20 The company is up 12% from its price of €28.80 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.47 per share. Is New 90 Day High Low • Dec 10
New 90-day high: €31.40 The company is up 24% from its price of €25.40 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.16 per share. Is New 90 Day High Low • Nov 24
New 90-day high: €30.20 The company is up 25% from its price of €24.20 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.01 per share. 