Kennametal
About: Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments; Metal Cutting and Infrastructure. It generates maximum revenue from the Metal Cutting segment. The Metal Cutting segment develops and manufactures high-performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives maximum revenue from the United States and the rest from Germany, China, Canada, India, Italy, and other countries.
Employees: 8,447
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
53% more call options, than puts
Call options by funds: $3.68M | Put options by funds: $2.4M
3% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 80
1.33% less ownership
Funds ownership: 108.59% [Q3] → 107.26% (-1.33%) [Q4]
4% less funds holding
Funds holding: 239 [Q3] → 230 (-9) [Q4]
9% less capital invested
Capital invested by funds: $2.19B [Q3] → $2B (-$189M) [Q4]
23% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 35
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Morgan Stanley Angel Castillo 50% 1-year accuracy 12 / 24 met price target | 7%upside $20 | Equal-Weight Maintained | 16 Apr 2025 |
Barclays Julian Mitchell 35% 1-year accuracy 44 / 124 met price target | 18%upside $22 | Equal-Weight Maintained | 10 Apr 2025 |
Financial journalist opinion
