HARSHMAN RICHARD J purchased $151K of KMT

Kennametal (KMT) reported Q4 fiscal 2026 sales of $737M, up 43%, and adjusted EPS of $2.96. Full-year sales reached $2.36B, up 20%. Operating margins improved significantly, but cash flow turned negative due to working capital needs. The company guided fiscal 2027 sales to $3.33B-$3.45B. Hedge fund ownership increased, while short interest remains high at 13.05%.

Nordson (NDSN) reported Q2 revenue of $817.7M, up 10.3% YoY, exceeding estimates. Kennametal (KMT) saw 42.6% revenue growth, while Lincoln Electric (LECO) and Stanley Black & Decker (SWK) also reported earnings. The sector saw 2.1% revenue beat but a 2.7% average stock decline.

Snap-on (SNA) and 8 other professional tools and equipment stocks reported Q2 results. SNA reported $1.33B revenue, up 4.2% YoY, beating expectations. The sector saw 2.1% revenue beat, but shares are down 2.7% on average. KMT had the best growth at 42.6%, while LECO had the weakest guidance.

Kennametal (KMT) reported Q2 revenue of $736.6M, up 42.6% YoY, beating estimates. Lincoln Electric (LECO) saw $1.22B revenue, up 12% YoY, with mixed results. Snap-on (SNA) reported $1.33B revenue, up 4.2% YoY, slightly beating estimates. Nordson (NDSN) reported $817.7M revenue, up 10.3% YoY, exceeding expectations. Stocks reacted variably post-earnings.

Kennametal (KMT) fell about 5.8% after reporting Q4 sales of $736.61M and net income of $226.98M, and full-year sales of $2.36B with net income of $342.39M. Management raised fiscal 2027 sales guidance to $3.33B to $3.45B, citing demand in aerospace, defense, energy and AI data centers.

Kennametal (NYSE:KMT) reported Q4 FY2026 sales of $736.6M (43% reported, 42% organic growth) and adjusted EPS of $2.96 versus $0.34 a year earlier, citing pricing and volume gains. FY2027 guidance calls for sales of $3.33B to $3.45B and adjusted EPS of $4.15 to $5.15. Free operating cash flow was negative $79M on tungsten working capital needs; a $500M term loan was added.