Kennametal VP Judith Bacchus Sells Shares

On June 15, 2026, Judith Bacchus, Vice President at Kennametal Inc. (NYSE:KMT), sold 5,488 shares of the company at an average price of $35.94 per share. The total value of the transaction was approximately $197,238.72. This insider transaction was not part of a pre-arranged trading plan.

Insider Buying and Selling at Kennametal Inc.

Besides Judith Bacchus, other insiders have also been active. On June 8, 2026, Sagar Patel sold 29,499 shares at $33.50 each. Earlier, on June 2, 2026, Vice President Carlonda Reilly sold 12,013 shares at $33.12. However, on May 26, 2026, Douglas Dietrich and Shelley Bausch each bought shares at $36.94, showing varied insider activity.

Other Institutional Activity in Kennametal

BlackRock, Inc. increased its holdings in Kennametal by 898,081 shares, ending with 12,160,015 shares valued at about $439.3 million. Vanguard Portfolio Management LLC took a new position with 5,554,409 shares worth approximately $200.7 million. Brandes Investment Partners, LP, on the other hand, reduced its stake by 4,965,772 shares, now holding 5,265,280 shares valued at $190.2 million. Dimensional Fund Advisors LP slightly trimmed its holdings by 12,724 shares, maintaining 4,737,814 shares valued at $171.2 million. Meanwhile, American Century Companies Inc. added 343,497 shares, bringing its total to 3,496,068 shares worth about $126.3 million.

Kennametal Stock Snapshot

Shares of Kennametal Inc. (NYSE:KMT) were trading around $35.55. The company has a market capitalization of approximately $2.71 billion. It has a P/E ratio of 19.97 and a forward P/E of 9.13, reflecting future earnings expectations. The stock's beta is 1.368, indicating higher volatility compared to the market. Over the past 52 weeks, the stock has seen a low of $17.62 and a high of $43.81. Its 50-day moving average is $36.59, and the 200-day moving average is $31.23.

Recent Earnings

Kennametal Inc. reported revenue of about $2.14 billion, with a revenue growth of 21.8%. The company achieved a net margin of 6.41% and a return on equity of 10.76%. Earnings per share stood at $1.78. The next earnings report is expected on August 5, 2026.

Dividend

Kennametal pays an annual dividend rate of $0.80, translating to a yield of 2.25%. The company's dividend payout ratio is approximately 44.94%, indicating a balanced approach to returning profits to shareholders.

Analysts Set New Price Targets

On June 16, 2026, DA Davidson initiated coverage on Kennametal with a hold rating and a price target of $34. Barclays downgraded the stock to a sell rating with a $33 target on May 27, 2026. JP Morgan maintained its sell rating, setting a $40 target on May 7, 2026. Jefferies also downgraded the stock to a hold with a $47.5 target on the same day. The consensus among analysts is a hold, with an average target price of $37.64 based on seven opinions.

About Kennametal Inc.

Kennametal Inc., based in Pittsburgh, Pennsylvania, is a global leader in the development and application of tungsten carbides, ceramics, and hard materials. The company operates through two main segments: Metal Cutting and Infrastructure. The Metal Cutting segment provides systems for various industries, including aerospace and automotive. The Infrastructure segment offers components and tools for the oil, gas, and petrochemical industries, among others. Led by CEO Sanjay K. Chowbey, Kennametal employs about 8,100 people worldwide.

Bottom Line

Judith Bacchus's recent sale of shares is part of ongoing insider activity at Kennametal Inc. Investors often track such movements for insights into executive sentiment. With its diverse operations in the industrial sector, Kennametal remains a company to watch. Remember, insider transactions are reported after the fact and may not indicate future stock performance.