Kennametal Inc. (KMT)

In May 2026, Kennametal announced strong fiscal 2026 third-quarter results, with sales up 22% and organic sales growth of 19%, leading to a new 52-week high. The company declared a quarterly cash dividend of $0.20 per share in May 2026. Kennametal hosted an earnings conference call and webcast for its third-quarter fiscal 2026 results in April 2026. In March 2026, Kennametal honored a 2026 STEP Ahead Award Winner. Kennametal launched a "Machinist of the Year" global program and attended industry conferences in February 2026. In December 2025, Kennametal was named one of America's Most Responsible Companies 2024 by Newsweek.

Kennametal's business experiences seasonal variations, with sales levels typically affected during the first and second quarters of its fiscal year due to summer and holiday shutdowns at customer plants.

Kennametal Inc. is a global industrial technology company specializing in productivity solutions through materials science, tooling, and wear-resistant solutions, operating in the Industrial Machinery & Equipment sector. The company develops and applies tungsten carbides, ceramics, super-hard materials, and solutions for metal cutting and extreme wear applications. It operates through two segments: Metal Cutting, which develops high-performance tooling and metal cutting products, and Infrastructure, which produces engineered tungsten carbide and ceramic components.

Kennametal serves customers in nearly 100 countries across the Americas, EMEA, and Asia Pacific regions, with significant revenue from the United States, Germany, China, Canada, India, and Italy. The company is headquartered in Pittsburgh, Pennsylvania, with European headquarters in Neuhausen am Rheinfall, Switzerland, and Asia-Pacific headquarters in Singapore.

Kennametal was named one of America's Most Responsible Companies 2024 by Newsweek and was included in TIME's World's Best Companies 2024. Caterpillar Inc. recognized Kennametal as one of its top indirect suppliers. The company introduced new products such as the FV Geometry and the HARVI™ II TE End Mill.

Kennametal Inc. is predominantly owned by institutional shareholders, who hold approximately 101.24% of the shares. BlackRock, Inc. is the largest individual shareholder with 14.78% of the company. Kennametal insiders own about 3.30% of the company, while retail investors hold a negligible percentage.