KMT Stock Recent News

Strong YTD cash from operations of $101 million compared to $88 million in the prior year; free operating cash flow of $57 million compared to $36 million in the prior year Earnings per diluted share (EPS) of $0.23 and adjusted EPS of $0.25 Returned approximately $31 million to shareholders; $15 million in share repurchases and $16 million in dividends Lowers fiscal 2025 full year outlook due to weakening market conditions, primarily in EMEA PITTSBURGH , Feb. 5, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2025 second quarter ended December 31, 2024, with sales of $482 million compared to $495 million in the prior year quarter, and earnings per diluted share (EPS) of $0.23 compared to $0.29 in the prior year quarter. Adjusted EPS was $0.25 in the current quarter compared to $0.30 in the prior year quarter.

PITTSBURGH , Jan. 30, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today 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.

PITTSBURGH , Jan. 29, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the Barclays 42nd Annual Industrial Select Conference in Miami, Florida. Details of the conference are as follows:             When:            Wednesday, February 19, 2025             Attendees:    Patrick Watson, Vice President and Chief Financial Officer Michael Pici, Vice President, Investor Relations About Kennametal With over 85 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions.

The Zacks Manufacturing-Tools & Related Products industry has been gaining from strength across end markets, along with robust demand for machine tools in the industrial and automotive sectors. SWK, CNM, LECO and KMT are notable stocks in the industry.

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PITTSBURGH , Jan. 15, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its second quarter fiscal year 2025 earnings call on Wednesday, February 5, 2025. The press release and presentation will be available on the Company's website before market on February 5.

PITTSBURGH , Jan. 15, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today 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. "I want to thank Franklin for his years of service and many contributions to Kennametal," said Sanjay Chowbey, President and CEO.

KMT benefits from strength in the Infrastructure unit, diversified product portfolio and shareholder-friendly policies. However, softness in the Metal Cutting segment remains concerning.

PITTSBURGH , Oct. 16, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE:  KMT) will host its first quarter fiscal year 2025 earnings call on Wednesday, November 6.  The press release and presentation will be available on the Company's website before market on November 6.

PITTSBURGH , Sept. 12, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today its inclusion in TIME's World's Best Companies 2024.