KMT

PITTSBURGH, July 15, 2026 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its fourth quarter fiscal year 2026 earnings call on Wednesday, August 5, 2026. The press release and presentation will be available on the Company's website before market on August 5. Details of the conference call and webcast are as follows: 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. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,100 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated nearly $2 billion in revenues in fiscal 2025. Learn more at www.kennametal.com. Follow @Kennametal: Instagram, Facebook, LinkedIn and YouTube. View original content:https://www.prnewswire.com/news-releases/kennametal-to-host-earnings-conference-call--webcast-on-fourth-quarter-fiscal-2026-results-302825508.html

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Kennametal stock has delivered a strong 47.5% return over the past year, yet at around US$34.32 the valuation picture now looks more balanced than clearly cheap or clearly stretched. The 47.5% gain over the last 12 months suggests sentiment toward Kennametal has improved significantly, so fresh buyers are no longer looking at a depressed share price. Future returns can be influenced by how reliably Kennametal converts its revenue into cash flow, while any sustained pressure on margins may limit how much investors are willing to pay for the stock. With a mixed valuation score, Kennametal screens as neither a clear bargain nor obviously overpriced on the broader checks, scoring 3 out of 6. The issue now is whether Kennametal's recent re rating has already captured most of the value on offer, or if the stock still leaves room for an appealing entry point at current levels. Kennametal delivered 47.5% returns over the last year. See how this stacks up to the rest of the Machinery industry. The P/E ratio is a useful yardstick for Kennametal because earnings remain a key reference point for how the market prices this kind of industrial business. Kennametal currently trades on a P/E of about 19.1x, which is below both the Machinery industry average of roughly 26.7x and a peer group average of about 30.5x. On the surface, that leaves the stock on a lower earnings multiple than many sector peers. A more tailored benchmark that factors in Kennametal’s own growth profile, margins, size and risk puts its fair P/E at around 20.5x. That is only slightly above where the stock trades today, so the discount to the broader industry and peer averages does not automatically point to a clear bargain. Instead, it suggests the current price roughly aligns with what this framework implies for the company’s earnings power. Overall, Kennametal stock appears roughly fairly valued on its P/E multiple. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives for Kennametal pick up where the P/E discussion leaves off by spelling out which combinations of future growth, margins and earnings would need to play out for Kennametal's stock to be worth meaningfully more or less than it is today, and setting out the assumptions behind each...

Fastenal Company FAST reported mixed second-quarter 2026 results, with earnings meeting the Zacks Consensus Estimate and net sales beating the same. Conversely, year over year, both metrics grew notably.Fastenal continued to benefit from customer signings secured since the first quarter of 2024. Contract customer daily sales increased 17.6% year over year and represented 75.8% of quarterly revenues, up from 73.2% a year earlier.FAST stock lost 2.2% during today’s pre-market trading session after the announcement of the financial results. Fastenal’s quarterly earnings of 33 cents per share were in line with the Zacks Consensus Estimate, but increased 15.9% year over year from 29 cents per share.Net sales rose 14.7% year over year to $2.39 billion and surpassed the consensus mark of $2.34 billion by 1.9%. Growth reflected stronger customer contract signings, pricing actions and improved industrial production. Daily sales also advanced 14.7%. Fastenal Company price-consensus-eps-surprise-chart | Fastenal Company Quote Manufacturing daily sales increased 14.9%, with the segment contributing 75.9% of total sales. Heavy Manufacturing led the improvement with 18.1% growth and represented 44.1% of revenues. Other Manufacturing sales rose 10.8%.Non-Residential Construction daily sales advanced 17%, marking continued growth in the market. Other End-Market sales increased 14.1%, aided by transportation and warehousing customers. Total Non-Manufacturing daily sales climbed 15.1%.Direct-Material daily sales grew 16.5% and accounted for 39.2% of revenues. Direct Fasteners and Hardware increased 16.8%, while direct cutting tools and abrasives rose 14.8%. Direct Non-Fasteners and Hardware sales improved 16.7%.Indirect-Material daily sales increased 14.1% and represented 60.8% of revenues. Indirect Fastener sales rose 14.6%, Safety Products increased 13.1%, and other indirect product lines advanced 14.6%. Direct materials slightly outpaced indirect products due to stronger fastener demand and manufacturing activity. Digital Footprint sales increased 16.2% to $1.49 billion and represented 61.6% of revenues, up from 61% in the prior-year quarter. The metric combines sales through Fastenal Managed Inventory technology with eBusiness sales that do not overlap with those services.FMI sales rose 16.4% to $1.08 billion and accounted for 44.6% of revenues. FAST signed 6,993 weighted...

Fastenal Company FAST is scheduled to report second-quarter 2026 results on July 14, before the opening bell.In the last reported quarter, its earnings per share (EPS) met the Zacks Consensus Estimate at 30 cents and grew year over year by 13.6%. Net sales marginally topped the consensus mark by 0.04% and grew 12.4% from the year-ago quarter.Fastenal’s earnings topped the consensus mark in one of the last four quarters, met on two occasions and missed on the remaining one, with the average surprise being 0.1%. For the second quarter, FAST’s Zacks Consensus Estimate for EPS has moved upward over the past 60 days to 33 cents per share from 32 cents. The estimated figure indicates 13.8% year-over-year growth.The consensus mark for net sales is pegged at $2.34 billion, indicating a 12.6% increase from the year-ago reported figure of $2.08 billion. Fastenal Company price-eps-surprise | Fastenal Company Quote SalesIn the second quarter, the top-line performance of Fastenal is likely to have improved year over year, driven by improved customer contract signings and an improvement in industrial production, alongside favorable pricing and several sales-boosting initiatives. The company’s focus on growing its digital footprint, increasing inventory and improving picking efficiency at its hubs is expected to have boded well, despite the sluggish industrial environment.Direct materials, which include fasteners, cutting tools and other production-related items, are expected to have added to the sales growth of Fastenal, led by improved demand trends for direct fasteners and hardware. Besides, its manufacturing exposure is likely to have been another major driver for the results. Moreover, a balanced mix of on-site and off-site services, along with market share gains across various product categories, is likely to have been an additional growth contributor.If we go by the latest monthly sales report, May's daily sales grew 14.8% to $37.6 million year over year and grew 4.6% from April 2026.In terms of end markets in May 2026, Heavy Manufacturing and Other Manufacturing daily sales increased 18.7% and 11.5%, respectively, with Non-residential Construction growing 16%. In terms of customer usage, daily sales for Direct Fasteners/Hardware and Direct non-Fasteners/Hardware jumped 15.9% and 17.2%, respectively. Daily sales under Direct Cutting Tools and Abrasives also improved...

Enerpac (EPAC) came out with quarterly earnings of $0.6 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +22.45%. A quarter ago, it was expected that this industrial products company would post earnings of $0.39 per share when it actually produced earnings of $0.39, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Enerpac, which belongs to the Zacks Manufacturing - Tools & Related Products industry, posted revenues of $167.55 million for the quarter ended May 2026, surpassing the Zacks Consensus Estimate by 1.86%. This compares to year-ago revenues of $158.66 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Enerpac shares have lost about 7.9% since the beginning of the year versus the S&P 500's gain of 10.1%. While Enerpac has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Enerpac was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Str...

Investors often consider consistent earnings growth to be the hallmark of a financially sound company. However, an even more powerful indicator is earnings acceleration, which can be a key driver for stock price gains. Research shows that many of the market’s top-performing stocks demonstrate earnings acceleration before their share prices start to climb upward. To that end, Costco Wholesale Corporation COST, Cummins Inc. CMI and Kennametal Inc. KMT are showing strong earnings acceleration. Earnings acceleration refers to the incremental growth in a company’s earnings per share (EPS). Put simply, if a company’s quarter-over-quarter earnings growth rate increases over a given period, it can be called earnings acceleration. In the case of earnings growth, you pay for something that is already reflected in the stock price. However, earnings acceleration helps identify stocks that haven’t yet caught investors’ attention and, once secured, will invariably lead to a rally in share price. This is because earnings acceleration considers both the direction and magnitude of growth rates. An increasing percentage of earnings growth means that the company is fundamentally sound and has been on the right track for a considerable period. Meanwhile, a sideways percentage of earnings growth indicates a period of consolidation or slowdown, while a decelerating percentage of earnings growth may drag prices down. Look at stocks for which the last two quarter-over-quarter percentage EPS growth rates exceed the previous periods’ growth rates. The projected EPS growth rate for the upcoming quarter is expected to exceed that of prior periods. EPS % Projected Growth (Q1)/(Q0) greater than EPS % Growth (Q0)/(Q-1): The projected growth rate for the current quarter (Q1) over the completed quarter (Q0) has to be greater than the growth rate from the completed quarter (Q0) over one quarter ago (Q-1). EPS % Growth (Q0)/(Q-1) greater than EPS % Growth (Q-1)/(Q-2): The growth rate for the completed quarter (Q0) over one quarter ago (Q-1) has to be greater than the growth rate from one quarter ago (Q-1) over two quarters ago (Q-2). EPS % Growth (Q-1)/(Q-2) greater than EPS % Growth (Q-2)/(Q-3): The growth rate from one quarter ago (Q-1) over two quarters ago (Q-2) has to be greater than the growth rate from two quarters ago (Q-2) over three quarters ago (Q-3). In addition to this, we have a...

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Kennametal (NYSE:KMT) and the best and worst performers in the professional tools and equipment industry. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand. Some professional tools and equipment companies also provide software to accompany measurement or automated machinery, adding a stream of recurring revenues to their businesses. On the other hand, professional tools and equipment companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies’ offerings. The 10 professional tools and equipment stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 1.9% while next quarter’s revenue guidance was 0.6% below. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Involved in manufacturing hard tips of anti-tank projectiles in World War II, Kennametal (NYSE:KMT) is a provider of industrial materials and tools for various sectors. Kennametal reported revenues of $592.6 million, up 21.8% year on year. This print exceeded analysts’ expectations by 4.8%. Overall, it was a stunning quarter for the company with a solid beat of analysts’ organic revenue and EBITDA estimates. Kennametal scored the fastest revenue growth of the whole group. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 5% since reporting and currently trades at $35.63. Is now the time to buy Kennametal? Access our full analysis of the earnings results here, it’s free. With an iconic “STANLEY” logo which has remained virtually unchanged for over a century, Stanley Black & Decker (NYSE:SWK) is a manufacturer primarily catering to the tool and outdoor equipment industry. Stanley Black & Decker reported revenues of $3.85 billion, up 2.7% year on year, outperforming analysts’ ex...

It has been about a month since the last earnings report for Kennametal (KMT). Shares have lost about 21.1% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Kennametal due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for Kennametal Inc. before we dive into how investors and analysts have reacted as of late. Kennametal reported adjusted earnings of 77 cents per share for the third quarter of fiscal 2026 (ended March 31, 2026), up 63.8% year over year. The bottom line beat the Zacks Consensus Estimate of 68 cents. Sales were $592.6 million, up 22.0% from the year-ago quarter. The top line topped the Zacks Consensus Estimate of $567 million. The quarter benefited from stronger volume and pricing.Organic sales rose 19% year over year. Foreign currency translation had a positive impact of 5% on sales, while divestitures had an adverse impact of 2%. Regionally (in constant currency), growth was strongest in the Americas (up 27%) and Asia Pacific (up 25%), while EMEA increased 2%. End-market performance also skewed positive, led by Earthworks (up 43%), Energy (up 28%) and Aerospace & Defense (up 23%). Kennametal reports results under two business segments, namely Metal Cutting and Infrastructure. Its segmental performance for the fiscal third quarter is briefly discussed below:The Metal Cutting segment’s revenues of $358 million increased 18% year over year. Organic revenues grew 12% and currency exchange had a positive impact of 6% year over year.The Infrastructure segment’s revenues totaled $235 million, up 29% year over year. Organic revenues increased 30% and currency exchange had a positive impact of 4% year over year. This was partially offset by the negative impact of 5% from divestitures. Kennametal’s cost of goods sold increased 16.5% year over year. Gross profit rose 33.0% year over year to $208.0 million, while the margin increased 300 basis points (bps) to 35.1%. Operating expenses were $124.0 million, up 19.2% year over year.Operating income increased 79.5% year over year to $79.4 million. Operating margin increased 430 bps year over year to 13.4%. The results were driven by favorable impacts of pricing and tariff surcharges, higher sales and...

PITTSBURGH, May 27, 2026 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today announced the final results and expiration of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of the outstanding notes listed in the table below (the "Notes"). Capitalized terms used in this news release and not defined herein have the meanings given to them in the Offer to Purchase, dated May 19, 2026 (the "Offer to Purchase"). According to the information provided by Global Bondholder Services Corporation, the aggregate principal amount of the Notes that were validly tendered and not validly withdrawn as of the Expiration Time is set forth in the table below. The Tender Offer was made pursuant to the terms and conditions contained in the Offer to Purchase and the related Notice of Guaranteed Delivery for the Tender Offer, dated May 19, 2026. Subject to satisfaction of the conditions to the Tender Offer, including completion of the previously announced public offering of senior notes (the "Concurrent Notes Offering") which is expected to occur on May 28, 2026, the Corporation expects to accept for payment all Notes validly tendered pursuant to the Tender Offer and not validly withdrawn on May 29, 2026 (the "Settlement Date"). All payments for Notes purchased by the Corporation in connection with the Tender Offer will also include accrued and unpaid interest on the principal amount of Notes accepted for purchase from the last interest payment date applicable to the Notes up to, but not including, the Settlement Date. BofA Securities is the Lead Dealer Manager for the Tender Offer. Global Bondholder Services Corporation is the Tender and Information Agent. Persons with questions regarding the Tender Offer should contact BofA Securities at (888) 292-0070 (toll-free) or (980) 388-0539 (collect) or [email protected]. Questions regarding the tendering of Notes and requests for copies of the Offer to Purchase and related materials should be directed to Global Bondholder Services Corporation at (212) 430-3774 (for banks and brokers) or (855) 654-2015 (all others, toll-free) or email [email protected]. Copies of the Offer to Purchase are also available at the following web address: https://gbsc-usa.com/kennametal/. This news release is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The Tender Offer was made o...

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Kennametal (NYSE:KMT) reported strong quarterly earnings supported by higher revenue and improved margins. Management linked the results to effective pricing, firm demand in infrastructure and aerospace, and its vertically integrated tungsten supply. The company highlighted advantages from internal tungsten sourcing at a time when many industry players are facing supply challenges. Kennametal, trading around $34.65, is coming off a period where the stock is up 19.5% year to date and 63.1% over the past year, while still only 2.7% higher over five years. The earnings update puts fresh attention on how the business is using pricing and its supply setup to support profitability, even as the share price has pulled back 11.0% over the past month and 4.0% over the past week. For investors tracking NYSE:KMT, the latest quarter puts the focus on how durable these margin and revenue gains may be if tungsten markets or sector demand conditions change. The company’s vertically integrated tungsten position and exposure to infrastructure and aerospace will likely remain key areas to watch in upcoming reports. Stay updated on the most important news stories for Kennametal by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Kennametal. 📰 Beyond the headline: 1 risk and 4 things going right for Kennametal that every investor should see. ✅ Price vs Analyst Target: At $34.65, the stock trades about 10% below the $38.64 analyst price target range midpoint. ❌ Simply Wall St Valuation: Shares are flagged as trading roughly 52.2% above the platform's estimated fair value. ❌ Recent Momentum: The share price has fallen 11.0% over the last 30 days despite the strong quarterly update. There is only one way to know the right time to buy, sell or hold Kennametal: Head to Simply Wall St's company report for the latest analysis of Kennametal's fair value. 📊 Strong earnings supported by pricing, infrastructure and aerospace demand, and internal tungsten supply strengthen the core business case in this update. 📊 Keep an eye on margins, tungsten supply conditions, and how revenue tracks against the $38.64 price target and Machinery industry P/E of 25.9x. ⚠️ The shares are flagged as 52.2% above estimated fair valu...

Kennametal’s first quarter saw a significant positive reaction from the market, underpinned by robust revenue growth and strong margin expansion. Management attributed these results to a combination of increased pricing actions in response to surging tungsten costs and volume gains across key end markets, including infrastructure and aerospace. CEO Sanjay Chowbey highlighted that the company’s position as a vertically integrated tungsten supplier allowed it to secure material and capture market share, especially as competitors faced challenges in sourcing and lead times. Is now the time to buy KMT? Find out in our full research report (it’s free). Revenue: $592.6 million vs analyst estimates of $565.4 million (21.8% year-on-year growth, 4.8% beat) Adjusted EPS: $0.77 vs analyst estimates of $0.67 (14.6% beat) Adjusted EBITDA: $121.8 million vs analyst estimates of $103 million (20.6% margin, 18.3% beat) The company lifted its revenue guidance for the full year to $2.34 billion at the midpoint from $2.22 billion, a 5.4% increase Management raised its full-year Adjusted EPS guidance to $3.88 at the midpoint, a 72.2% increase Operating Margin: 13.4%, up from 9.1% in the same quarter last year Organic Revenue rose 19% year on year (beat) Market Capitalization: $2.73 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Stephen Volkmann (Jefferies) asked about incremental margins on volume in the quarter. CFO Patrick Watson clarified that, after accounting for unusual items like price raw timing benefits and higher variable compensation, volume leverage was in line with historical norms. Steven Fisher (UBS) inquired about the ability to pass through price increases, especially in metal cutting. CEO Sanjay Chowbey explained that infrastructure pricing is more immediate, while metal cutting typically sees a three- to six-month lag in reflecting higher raw material costs. Steve Barger (KeyBanc Capital Markets) questioned the durability of recent share gains, wondering if they could persist after competitors resolve supply issues. Chowbey indicated that while some gains are opportunistic, the company is focused on converti...

Interested in Kennametal Inc.? Here are five stocks we like better. Kennametal raised its fiscal 2026 outlook after a strong third quarter, now expecting sales of $2.33 billion to $2.35 billion and adjusted EPS of $3.75 to $4.00. Q3 sales rose 22% year over year and adjusted EPS increased to $0.77 from $0.47. Tungsten price spikes were a major driver of both higher pricing and working-capital pressure. Management said tungsten costs surged from about $900 to $3,000 per metric ton, boosting margins but weighing on cash flow and inventory levels. Infrastructure and Metal Cutting both showed strong growth, led by Earthworks, aerospace and defense, and energy-related demand. Management also highlighted share gains where competitors faced supply constraints, and said it is targeting further cost savings into fiscal 2027. Kennametal (NYSE:KMT) raised its fiscal 2026 sales and adjusted earnings outlook after reporting stronger-than-expected third-quarter results, as higher tungsten-related pricing, modest volume improvement and share gains across key markets lifted revenue and margins. On the company’s earnings call, President and Chief Executive Officer Sanjay Chowbey said Kennametal delivered a “strong third quarter” as commercial teams advanced growth initiatives in infrastructure and metal cutting. He said the company benefited from construction volume growth, large defense orders and continued momentum in aerospace, defense and energy-related applications tied to AI power generation. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum For the quarter, sales rose 22% year over year, including 19% organic growth and a 5% foreign currency benefit, partially offset by the effect of a divestiture completed last year, Chief Financial Officer Patrick Watson said. Sales volume was up in the low single digits. Adjusted earnings per share increased to $0.77 from $0.47 a year earlier, while adjusted EBITDA margin rose to 20.8% from 17.9%. A central theme of the call was the sharp rise in tungsten prices and the effect on Kennametal’s pricing, supply chain and cash flow. Chowbey said tungsten prices continued an “unprecedented increase” during the quarter, rising from approximately $900 per metric ton to $3,000 as supply remained constrained. → 3 Ways to Target the Resources Powering AI and Data Centers Chowbey said the environment created both challenges and...