Kennametal Inc. is an industrial technology company that delivers productivity to customers through materials science, tooling and wear-resistant solutions. The Company helps customers in the aerospace & defense, earthworks, energy, general engineering and transportation end markets. The Company's core expertise includes the development and application of tungsten carbides, ceramics, super-hard materials and solutions used in metal cutting and extreme wear applications to keep customers up and running longer against conditions such as corrosion and high temperatures. The Company operates through two segments: Metal Cutting and Infrastructure. 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. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 66.42%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 66.42%.
Overvalued
The company’s latest PE is 22.05, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 82.14M shares, decreasing 9.19% quarter-over-quarter.
Held by John Rogers
Star Investor John Rogers holds 4.97M shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.80.