Kennametal (KMT)

Company Profile

With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 9,000 employees are helping customers in more than 60 countries stay competitive. Kennametal generated nearly $1.9 billion in revenues in fiscal 2020.

Company profile

Ticker

KMT

Exchange

NYSE

Website

www.kennametal.com

CEO

Christopher Rossi

Incorporated

Pennsylvania

Location

Pennsylvania

Fiscal year end

Jun 30

Sector

Manufacturing > Machine Tool Manufacturing

Industry (SIC)

Machine Tools, Metal Cutting Types

SEC CIK

0000055242

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Kennametal (Malaysia) Sdn. Bhd. • Kennametal (Singapore) Pte. Ltd. • Kennametal (Thailand) Co., Ltd. • Kennametal Australia • Kennametal de Mexico, S.A. de C.V. • Kennametal Distribution Services Asia Pte. Ltd. • Kennametal Hardpoint (Taiwan) Inc. • Kennametal Holdings Europe Inc. • Kennametal International S.A. • Kennametal Japan Ltd. ...

IRS number

250900168

KMT stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$27.00

Low target

$26.00

High target

$28.00

Latest filings (excl ownership)

View all

8 Feb 23

Kennametal Announces Fiscal 2023 Second Quarter Results

6 Feb 23

8-K/A

Departure of Directors or Certain Officers

1 Feb 23

8-K

Kennametal Names Paul Sternlieb to Board of Directors

3 Nov 22

Kennametal Announces Fiscal 2023 First Quarter Results

31 Oct 22

DEFA14A

Additional proxy soliciting materials

13 Sep 22

10 Aug 22

Kennametal Reports Fiscal 2022 and Fourth Quarter Results

1 Aug 22

Transcripts

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KMT

Earnings call transcript

2023 Q2

7 Feb 23

KMT

Earnings call transcript

2023 Q1

1 Nov 22

KMT

Earnings call transcript

2022 Q4

2 Aug 22

KMT

Earnings call transcript

2022 Q3

3 May 22

KMT

Earnings call transcript

2022 Q2

8 Feb 22

KMT

Earnings call transcript

2022 Q1

2 Nov 21

KMT

Earnings call transcript

2021 Q4

3 Aug 21

KMT

Earnings call transcript

2021 Q3

4 May 21

KMT

Earnings call transcript

2021 Q2

2 Feb 21

KMT

Earnings call transcript

2021 Q1

3 Nov 20

Latest ownership filings

View all

John Wayne Witt

13 Mar 23

144

Notice of proposed sale of securities

LAWRENCE W STRANGHOENER

ARIEL INVESTMENTS, LLC

14 Feb 23

SC 13G/A

Burgundy Asset Management Ltd.

10 Feb 23

Financial summary

Financial statements Chart KMT financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jun 22	Jun 21	Jun 20	Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	76.78 mm	76.78 mm	76.78 mm	76.78 mm	76.78 mm	76.78 mm
Cash burn (monthly)	(no burn)	2.08 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	5.93 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	70.86 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	34.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Kennametal earnings reports.

Institutional ownership, Q4 2022

KMT institutional ownership history Ownership history

99.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	194	199	-2.5%
Opened positions	27	25	+8.0%
Closed positions	32	36	-11.1%
Increased positions	51	75	-32.0%
Reduced positions	82	71	+15.5%

13F shares	Current	Prev Q	Change
Total value	1.86 tn	1.61 bn	+114874.3%
Total shares	80.45 mm	78.39 mm	+2.6%
Total puts	23.70 k	53.90 k	-56.0%
Total calls	36.00 k	39.60 k	-9.1%
Total put/call ratio	0.7	1.4	-51.6%

Largest owners	Shares	Value	Change
Ariel Investments	10.36 mm	$249.32 bn	-2.4%
BLK Blackrock	10.32 mm	$248.26 bn	-3.6%
Vanguard	8.31 mm	$199.87 bn	+1.6%
Wellington Management	6.66 mm	$160.35 bn	+17.2%
Burgundy Asset Management	4.49 mm	$108.04 bn	-0.8%
Dimensional Fund Advisors	4.21 mm	$101.38 bn	+8.8%
FMR	3.53 mm	$84.96 bn	-0.1%
Victory Capital Management	3.25 mm	$78.12 bn	+10.1%
Fisher Asset Management	2.72 mm	$65.50 mm	+72.1%
STT State Street	2.69 mm	$64.81 bn	NEW

Largest transactions	Shares	Bought/sold	Change
STT State Street	2.69 mm	+2.69 mm	NEW
Fisher Asset Management	2.72 mm	+1.14 mm	+72.1%
Wellington Management	6.66 mm	+980.22 k	+17.2%
MS Morgan Stanley	866.27 k	-612.59 k	-41.4%
BLK Blackrock	10.32 mm	-386.83 k	-3.6%
Citadel Advisors	1.01 mm	+342.59 k	+51.6%
Dimensional Fund Advisors	4.21 mm	+338.49 k	+8.8%
GS Goldman Sachs	729.42 k	-301.66 k	-29.3%
Victory Capital Management	3.25 mm	+297.35 k	+10.1%
Two Sigma Investments	15.88 k	-259.59 k	-94.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

KMT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Mar 23	John Wayne Witt	Common Stock	Sell	Dispose S	No	No	29.615	800	23.69 k	0
1 Mar 23	Chowbey Sanjay	Common Stock	Payment of exercise	Dispose F	No	No	28.46	1,477	42.04 k	17,850.71
1 Mar 23	Chowbey Sanjay	Common Stock	Option exercise	Acquire M	No	No	28.46	4,982	141.79 k	19,327.71
1 Mar 23	Chowbey Sanjay	RSU Common Stock	Option exercise	Dispose M	No	No	0	4,982	0.00	6,543
1 Mar 23	Franklin Cardenas	Common Stock	Payment of exercise	Dispose F	No	No	28.46	1,433	40.78 k	31,411.276
1 Mar 23	Franklin Cardenas	Common Stock	Option exercise	Acquire M	No	No	28.46	4,197	119.45 k	32,844.276
1 Mar 23	Franklin Cardenas	RSU Common Stock	Option exercise	Dispose M	No	No	0	4,197	0.00	0
28 Feb 23	Stranghoener Lawrence W	Stock Credits Common Stock	Grant	Acquire A	No	No	28.33	816.273	23.13 k	100,371.165
28 Feb 23	Steven H Wunning	Common Stock	Grant	Acquire A	No	No	28.33	727	20.60 k	67,200