KENNAMETAL INC
KMT · Machine Tools, Metal Cutting Types · 76.2M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $25M (gross $49M, SBC $25M)
Reference price $35.94 · est. market cap ~$2.7B — last insider sale, 2026-06-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C65Established tungsten-carbide tooling maker with decent margins but declining sales and only average ROE.
Strengths
- Above-median ROA (73.6th pct), operating margin (65th pct) and positive FCF
- Restructuring delivering ~$35M run-rate savings; strong current ratio (2.46)
Risks
- Organic sales declined 4% (revenue growth 20th pct) with EPS down to $1.20
- Cyclical end markets, tungsten/tariff input exposure and currency headwinds; ROE only 7.3%
Notable findings
- Insider sellingInsider selling — 7 open-market sale(s) by 5 insider(s) (cluster of 5 insiders, ~$5M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
30.4%
Operating margin
7.3%
Net margin
4.7%
Return on equity
7.3%
Return on assets
3.7%
Revenue growth (QoQ)
11.9%
Net-income growth
-14.8%
Current ratio
2.5×
Free cash flow
$119M
EBITDA
$280M
Tangible book value
$934M
Stock comp / revenue
1.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Bacchus Judith L | Sell | 5.5K | $35.94 |
| 2026-06-08 | Patel Sagar A | Sell | 29K | $33.50 |
| 2026-06-02 | Reilly Carlonda R. | Sell | 12K | $33.12 |
| 2026-03-09 | Reilly Carlonda R. | Sell | 13K | $36.31 |
| 2026-03-09 | Reilly Carlonda R. | Gift | 1.6K | — |
| 2026-02-19 | Witt John Wayne | Sell | 5.1K | $38.29 |
| 2026-02-18 | Reilly Carlonda R. | Gift | 2.5K | — |
| 2026-02-18 | LAMBERT WILLIAM M | Option exercise | 14K | $20.87 |
| 2026-02-18 | LAMBERT WILLIAM M | Tax withheld | 7.5K | $39.04 |
| 2026-02-11 | Keating Michelle R | Sell | 25K | $40.22 |
| 2026-02-11 | Bacchus Judith L | Sell | 39K | $40.23 |
| 2026-01-30 | DIETRICH DOUGLAS T | Option exercise | 841 | $34.39 |
| 2026-01-30 | DIETRICH DOUGLAS T | Tax withheld | 25 | $34.39 |
| 2026-01-15 | Sternlieb Paul | Option exercise | 885 | $34.56 |
| 2026-01-15 | Sternlieb Paul | Tax withheld | 27 | $34.56 |
| 2025-12-16 | Hamadi Faisal | Option exercise | 2.1K | $28.87 |
| 2025-12-16 | Hamadi Faisal | Tax withheld | 927 | $28.87 |
| 2025-12-16 | Bersaglini Clark David | Option exercise | 3.4K | $28.87 |
| 2025-12-16 | Bersaglini Clark David | Tax withheld | 1.5K | $28.87 |
| 2025-12-16 | Reilly Carlonda R. | Option exercise | 4.9K | $28.87 |
| 2025-12-16 | Reilly Carlonda R. | Tax withheld | 3.5K | $28.87 |
| 2025-12-16 | Watson Patrick S | Option exercise | 7.6K | $28.87 |
| 2025-12-16 | Watson Patrick S | Tax withheld | 5.3K | $28.87 |
| 2025-12-16 | Keating Michelle R | Option exercise | 6.2K | $28.87 |
| 2025-12-16 | Keating Michelle R | Tax withheld | 4.6K | $28.87 |
| 2025-12-16 | Chowbey Sanjay | Option exercise | 25K | $28.87 |
| 2025-12-16 | Chowbey Sanjay | Tax withheld | 13K | $28.87 |
| 2025-12-16 | Bacchus Judith L | Option exercise | 5.6K | $28.87 |
| 2025-12-16 | Bacchus Judith L | Tax withheld | 4.2K | $28.87 |
| 2025-08-29 | Bersaglini Clark David | Option exercise | 3.4K | $21.43 |
| 2025-08-29 | Bersaglini Clark David | Tax withheld | 1.7K | $21.43 |
| 2025-08-26 | WUNNING STEVEN H | Grant | 1.2K | $21.44 |
| 2025-08-15 | Watson Patrick S | Option exercise | 9.6K | $21.02 |
| 2025-08-15 | Watson Patrick S | Tax withheld | 7.8K | $21.02 |
| 2025-08-15 | Martin Lorraine M | Option exercise | 5.6K | $21.02 |
| 2025-08-15 | Martin Lorraine M | Tax withheld | 170 | $21.02 |
| 2025-08-15 | Keating Michelle R | Option exercise | 8.8K | $21.02 |
| 2025-08-15 | Keating Michelle R | Tax withheld | 5.7K | $21.02 |
| 2025-08-15 | Harvey William J. | Option exercise | 5.6K | $21.02 |
| 2025-08-15 | Harvey William J. | Tax withheld | 170 | $21.02 |
| 2025-08-15 | Davis Cindy L | Option exercise | 5.6K | $21.02 |
| 2025-08-15 | Davis Cindy L | Tax withheld | 170 | $21.02 |
| 2025-08-15 | Chowbey Sanjay | Option exercise | 30K | $21.02 |
| 2025-08-15 | Chowbey Sanjay | Tax withheld | 19K | $21.02 |
| 2025-08-15 | Bacchus Judith L | Option exercise | 8.2K | $21.02 |
| 2025-08-15 | Bacchus Judith L | Tax withheld | 5.4K | $21.02 |
| 2025-08-15 | ALVARADO JOSEPH | Option exercise | 5.6K | $21.02 |
| 2025-08-15 | ALVARADO JOSEPH | Tax withheld | 170 | $21.02 |
| 2025-08-15 | LAMBERT WILLIAM M | Option exercise | 5.6K | $21.02 |
| 2025-08-15 | LAMBERT WILLIAM M | Tax withheld | 170 | $21.02 |
| 2025-08-15 | Witt John Wayne | Option exercise | 2.8K | $21.02 |
| 2025-08-15 | Witt John Wayne | Tax withheld | 2.4K | $21.02 |
| 2025-08-15 | Hamadi Faisal | Option exercise | 2.1K | $21.02 |
| 2025-08-15 | Hamadi Faisal | Tax withheld | 720 | $21.02 |
| 2025-08-15 | Reilly Carlonda R. | Option exercise | 7.0K | $21.02 |
| 2025-08-15 | Reilly Carlonda R. | Tax withheld | 4.4K | $21.02 |
| 2025-08-15 | Sternlieb Paul | Option exercise | 3.8K | $21.02 |
| 2025-08-15 | Sternlieb Paul | Tax withheld | 116 | $21.02 |
| 2025-08-15 | WUNNING STEVEN H | Option exercise | 5.6K | $21.02 |
| 2025-08-15 | WUNNING STEVEN H | Tax withheld | 170 | $21.02 |
| 2025-07-28 | Bersaglini Clark David | Grant | 2.7K | — |
| 2025-07-28 | Hamadi Faisal | Grant | 1.7K | — |
| 2025-07-28 | Chowbey Sanjay | Grant | 3.5K | — |
| 2025-07-28 | Chowbey Sanjay | Grant | 6.0K | — |
| 2025-07-28 | Chowbey Sanjay | Grant | 3.8K | — |
| 2025-07-28 | Chowbey Sanjay | Grant | 17K | — |
| 2025-07-28 | Reilly Carlonda R. | Grant | 1.7K | — |
| 2025-07-28 | Reilly Carlonda R. | Grant | 2.9K | — |
| 2025-07-28 | Reilly Carlonda R. | Grant | 1.9K | — |
| 2025-07-28 | Reilly Carlonda R. | Grant | 2.1K | — |
| 2025-07-28 | Keating Michelle R | Grant | 2.1K | — |
| 2025-07-28 | Keating Michelle R | Grant | 3.6K | — |
| 2025-07-28 | Keating Michelle R | Grant | 2.3K | — |
| 2025-07-28 | Keating Michelle R | Grant | 2.8K | — |
| 2025-07-28 | Bacchus Judith L | Grant | 2.1K | — |
| 2025-07-28 | Bacchus Judith L | Grant | 3.5K | — |
| 2025-07-28 | Bacchus Judith L | Grant | 2.2K | — |
| 2025-07-28 | Bacchus Judith L | Grant | 2.4K | — |
| 2025-07-28 | Witt John Wayne | Grant | 496 | — |
| 2025-07-28 | Witt John Wayne | Grant | 846 | — |
| 2025-07-28 | Witt John Wayne | Grant | 564 | — |
| 2025-07-28 | Witt John Wayne | Grant | 603 | — |
| 2025-07-28 | Watson Patrick S | Grant | 1.6K | — |
| 2025-07-28 | Watson Patrick S | Grant | 2.8K | — |
| 2025-07-28 | Watson Patrick S | Grant | 2.5K | — |
| 2025-07-28 | Watson Patrick S | Grant | 3.6K | — |
| 2025-05-27 | WUNNING STEVEN H | Grant | 1.1K | $21.74 |
| 2025-02-28 | Witt John Wayne | Option exercise | 3.3K | $22.13 |
| 2025-02-28 | Witt John Wayne | Tax withheld | 1.2K | $22.13 |
| 2025-02-25 | WUNNING STEVEN H | Grant | 1.1K | $22.30 |
| 2025-02-11 | Chowbey Sanjay | Buy | 10K | $21.75 |
| 2025-01-15 | Sternlieb Paul | Option exercise | 885 | $23.98 |
| 2025-01-15 | Sternlieb Paul | Tax withheld | 27 | $23.98 |
| 2025-01-01 | Patel Sagar A | Option exercise | 23K | $24.02 |
| 2025-01-01 | Patel Sagar A | Tax withheld | 711 | $24.02 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-02 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-05-28 | Material agreementDebt obligationOtherExhibits | filing ↗ |
| 2026-05-27 | OtherExhibits | filing ↗ |
| 2026-05-19 | OtherExhibits | filing ↗ |
| 2026-05-06 | ResultsExhibits | filing ↗ |
| 2026-05-01 | OtherExhibits | filing ↗ |
| 2026-02-04 | ResultsExhibits | filing ↗ |
| 2026-01-30 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-02 | 2026-05-28 | 0001193125-26-253476 ↗ |
| 8-K | 2026-05-28 | 2026-05-19 | 0001193125-26-245487 ↗ |
| 8-K | 2026-05-27 | 2026-05-26 | 0001193125-26-242043 ↗ |
| 8-K | 2026-05-19 | 2026-05-19 | 0001193125-26-229873 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0001628280-26-031335 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001628280-26-030882 ↗ |
| 8-K | 2026-05-01 | 2026-04-28 | 0001628280-26-029194 ↗ |
| 10-Q | 2026-02-04 | 2025-12-31 | 0001628280-26-005371 ↗ |
| 8-K | 2026-02-04 | 2026-02-04 | 0001628280-26-005264 ↗ |
| 8-K | 2026-01-30 | 2026-01-27 | 0001628280-26-004395 ↗ |
| 8-K | 2025-11-18 | 2025-11-17 | 0001193125-25-286159 ↗ |
| 10-Q | 2025-11-05 | 2025-09-30 | 0001628280-25-049444 ↗ |