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.
Overview
Kennametal Inc (NYSE: KMT) is a well-established industrial technology company that manufactures high‐performance metal cutting tools, engineered wear-resistant components, and advanced coatings. With a robust legacy built over many decades, the company leverages its deep expertise in materials science to deliver custom and standard solutions that empower customers to achieve peak performance in demanding environments. As a key player in the industrial manufacturing space, Kennametal serves critical sectors including aerospace, energy, general engineering, transportation, and earthworks, providing essential tools and components that enhance operational productivity.
Core Business Segments
The company is strategically organized into two core segments: the Metal Cutting segment and the Infrastructure segment. The Metal Cutting segment, which is the primary revenue driver, focuses on the development, manufacturing, and distribution of high-performance cutting tools and solutions. These products are designed to meet the stringent requirements of a diverse array of end markets, ensuring precision and increased efficiency in manufacturing processes. The Infrastructure segment complements this with engineered carbide wear components and coatings that contribute to process stability and longevity in various heavy industrial applications.
Technology and Innovation
Kennametal stands out through its advanced materials science and application knowledge. The company integrates innovative technologies and rigorous engineering practices to design tools that withstand extreme operating conditions, thereby reducing downtime and enhancing productivity. Industry-specific advancements in wear-resistant solutions, precision-engineered components, and durable coatings are testament to Kennametal’s commitment to continuous improvement and operational excellence. The organization’s portfolio of respected brand names further underpins its reputation for delivering invaluable, long-lasting solutions to industrial manufacturing challenges.
Global Footprint and Market Significance
With a broad geographic presence spanning nearly 100 countries, Kennametal effectively meets the needs of both large-scale enterprises and smaller operations across multiple regions including North America, Europe, and Asia. The company’s global operations are supported by a comprehensive network of manufacturing facilities, distribution centers, and dedicated service teams. This extensive reach not only facilitates localized support and rapid service response but also ensures that Kennametal maintains a competitive edge in the increasingly complex global industrial landscape.
Operational Excellence and Strategic Positioning
The company’s longstanding focus on quality, efficiency, and innovation has been key to its competitive positioning. By harnessing in-depth application knowledge and state-of-the-art production capabilities, Kennametal provides tailored solutions that enhance manufacturing processes and drive success at every stage of the customer value chain. Its ability to integrate custom engineered solutions with standardized product offerings enables a flexible approach that meets varying market demands while supporting cost reduction and productivity improvements.
Commitment to Expertise and Sustainability
Although primarily focused on business fundamentals, Kennametal’s commitment to leveraging advanced materials science combined with a sustainable approach resonates throughout its operations. The company’s integrated use of technology, rigorous process engineering, and environmentally considerate practices provide additional value to its customers. This balanced focus on performance and responsible manufacturing underscores the company’s long-standing tradition of excellence and reliability in the industrial technology sector.
Conclusion
In summary, Kennametal Inc. is a pivotal industrial technology manufacturer with a rich heritage in delivering high-performance metal cutting tools and wear-resistant solutions. Its strategic segmentation, global operational footprint, and technological innovation empower manufacturers across diverse sectors to maintain competitive operational excellence. This comprehensive approach—grounded in advanced materials science and deep industry expertise—ensures that Kennametal remains a cornerstone in the modern manufacturing landscape.
Kennametal Inc. (NYSE: KMT) announced that Mandy Lv, Senior Analyst Logistics, has been named a 2025 Women MAKE Award Honoree by The Manufacturing Institute. Lv joins 130 other women honorees and becomes the 18th Kennametal recipient of this prestigious recognition.
Lv's contributions include expertise in customs compliance, international logistics, and leadership in Lean initiatives. She established a Six Sigma Green Belt program at her facility, certifying employees in value stream mapping, setup reduction, and total productive maintenance. Beyond her professional achievements, Lv leverages her psychological consultant certification for community mental health awareness outreach and leads her site's employee club.
Kennametal, an industrial technology leader with $2 billion in revenues in fiscal 2024, employs approximately 8,400 people serving customers in nearly 100 countries, focusing on materials science, tooling, and wear-resistant solutions across aerospace, defense, earthworks, energy, and transportation sectors.
Kennametal (NYSE: KMT) has announced its participation in the J.P. Morgan Industrials Conference in New York City. The company, an industrial technology leader with over 85 years of experience, specializes in materials science, tooling, and wear-resistant solutions.
Kennametal serves customers across multiple sectors including aerospace and defense, earthworks, energy, general engineering, and transportation. With approximately 8,400 employees supporting customers in nearly 100 countries, the company reported revenues of $2 billion in fiscal 2024.
The company helps manufacturers achieve precision and efficiency through their technological solutions, maintaining global competitiveness for their clients.
Kennametal (NYSE: KMT) has announced its participation in the upcoming Loop Capital Conference in New York City on Tuesday, March 11, 2025. The company will be represented by Patrick Watson, Vice President and Chief Financial Officer, and Michael Pici, Vice President of Investor Relations.
Kennametal, an industrial technology leader with over 85 years of experience, specializes in materials science, tooling, and wear-resistant solutions. The company serves customers across multiple sectors including aerospace and defense, earthworks, energy, general engineering, and transportation. With approximately 8,400 employees serving customers in nearly 100 countries, Kennametal generated $2 billion in revenues in fiscal 2024.
Kennametal (NYSE: KMT) reported fiscal Q2 2025 results with sales of $482 million, down 3% from $495 million in the prior year quarter. The company posted earnings per diluted share (EPS) of $0.23, compared to $0.29 in the prior year quarter, with adjusted EPS of $0.25 versus $0.30.
Strong year-to-date cash flow performance was highlighted with operating cash flow of $101 million and free operating cash flow of $57 million. The company returned approximately $31 million to shareholders through $15 million in share repurchases and $16 million in dividends.
Due to weakening market conditions, primarily in EMEA, Kennametal lowered its fiscal 2025 outlook. The company now expects annual sales of $1.950-$2.0 billion and adjusted EPS of $1.05-$1.30. Additional restructuring actions announced in January 2025 are expected to deliver approximately $15 million in annual savings by fiscal year-end.
Kennametal (NYSE: KMT) has announced the appointment of Douglas Dietrich to its Board of Directors, effective February 1, 2025. Dietrich, who currently serves as Executive Chairman and CEO of Minerals Technologies, brings over 30 years of business and industry experience to the role.
President & CEO Sanjay Chowbey highlighted Dietrich's experience in driving transformative change through strategic, operational, and financial leadership. Board Chairman William M. Lambert emphasized Dietrich's track record in delivering long-term growth through strategy, innovation, and targeted M&A, noting these skills will support Kennametal's ongoing transformation.
Kennametal (NYSE: KMT) has announced its participation in the Barclays 42nd Annual Industrial Select Conference in Miami, Florida, scheduled for Wednesday, February 19, 2025. The company will be represented by Patrick Watson, Vice President and Chief Financial Officer, and Michael Pici, Vice President, Investor Relations.
Kennametal, an industrial technology leader with over 85 years of experience, specializes in materials science, tooling, and wear-resistant solutions. The company serves customers across multiple sectors including aerospace and defense, earthworks, energy, general engineering, and transportation. With approximately 8,400 employees supporting customers in nearly 100 countries, Kennametal generated $2 billion in revenues in fiscal 2024.
Kennametal (NYSE: KMT) has announced its upcoming second quarter fiscal 2025 earnings conference call and webcast, scheduled for Wednesday, February 5, 2025, at 9:30 am ET. The earnings release and presentation materials will be available on the company's website before market opening on the same day.
The call will be hosted by Sanjay Chowbey, President and CEO, and Patrick Watson, Vice President and CFO. Kennametal, an industrial technology leader with over 85 years of experience, specializes in materials science, tooling, and wear-resistant solutions. The company serves customers across aerospace and defense, earthworks, energy, general engineering, and transportation sectors in nearly 100 countries. Kennametal employs approximately 8,400 people and reported revenues of $2 billion in fiscal 2024.
Kennametal (NYSE: KMT) has announced that Faisal Hamadi, currently Vice President of Value Creation Systems, will become President of the company's Infrastructure segment effective January 20, 2025, succeeding Franklin Cardenas. Hamadi joined Kennametal in July 2024 from Eaton , where he had 17 years of experience, most recently managing a $600 million aerospace business with over 1,000 employees.
CEO Sanjay Chowbey expressed confidence in Hamadi's strategic thinking, customer focus, and continuous improvement experience to grow and improve the Infrastructure business. Hamadi's current Value Creation Systems responsibilities will be integrated with existing roles at Kennametal. Cardenas will remain with the company through April 1, 2025, ensuring a smooth transition.
Kennametal (NYSE: KMT) has been named one of America's Most Responsible Companies 2025 by Newsweek, marking its fourth consecutive year on the list. This recognition highlights the company's dedication to responsible business practices across environmental and social initiatives.
The ranking, compiled in collaboration with Statista, evaluates companies based on three ESG pillars: Environment, Social, and Corporate Governance. The 2025 list features 600 U.S.-based companies committed to positive global impact.
Kennametal, an industrial technology leader with over 85 years of experience, serves customers in aerospace, defense, earthworks, energy, and transportation sectors. The company operates in nearly 100 countries with approximately 8,400 employees and generated $2 billion in revenues in fiscal 2024.
Kennametal (NYSE: KMT) has been named one of Caterpillar Inc's top indirect suppliers for 2024. The recognition highlights Kennametal's excellence in providing innovative solutions, productivity improvements, and engineering support. A key factor was the company's exceptional support in launching the Cat C27B and C32 cylinder heads at its Schertz, Texas facility. Kennametal, an industrial technology leader with over 85 years of experience, generates $2 billion in revenues and serves customers across aerospace, defense, earthworks, energy, and transportation sectors in nearly 100 countries with approximately 8,400 employees.
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