$KMT

The U.S. Defense Logistics Agency awarded a $2B contract for tungsten supplies, with a $450M investment from the Department of War. GoldHaven Resources (CSE: GOH) completed drilling at its Kuhn tungsten-skarn target, intersecting skarn mineralization in two locations. Almonty Industries (NASDAQ: ALM) began commercial operations at its Sangdong plant, with 90% of Phase I production contracted. Guardian Metal (NYSE: GMTL) reported drilling results from its Tempiute project.

Several industrial stocks rose after weaker U.S. jobs data reduced Treasury yields, easing borrowing costs. Tutor Perini (TPC) +3.4%, Kennametal (KMT) +3.7%, CSW (CSW) +3.9%, United Rentals (URI) +3.8%, and Keysight (KEYS) +3.5%. CSW's 52-week high is $351.29, trading at $304.04. JPMorgan upgraded CSW to 'Overweight' with a $350 target.

Kennametal (NASDAQ:HLMN) reported the fastest revenue growth and highest guidance raise among peers, but its stock fell 13.2% to $31.30. Lincoln Electric (NASDAQ:LECO) reported $1.22B revenue, up 12% YoY, and its stock rose 8.3% to $279.43. Stanley Black & Decker (NYSE:SWK) reported flat revenue at $3.96B but beat EPS and EBITDA estimates, with its stock down 3.3% to $91.09. Hyster-Yale (NYSE:HY) reported a 15% revenue decline but beat EPS estimates, with its stock down 11.5% to $31.10.

Argus raised its target price for Kennametal Inc. (KMT) to $33.00. KMT manufactures metalworking tools and wear-resistant components, operating in two segments: Metal Cutting and Infrastructure.

Kennametal (KMT) reported record fiscal 2026 earnings, with Q4 sales up 43% to $737M and adjusted EPS at $2.96. The company launched KAF82, a proprietary tungsten carbide grade for additive manufacturing, adopted by two automotive OEMs. Despite record earnings, operating cash flow turned negative due to inventory and supply chain costs.

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%.

Kennametal's general counsel earned nearly $2 million in fiscal year 2026, per a public filing. The Pittsburgh-based industrial tool supplier reported this compensation detail.

KENNAMETAL INC ($KMT) CEO Sanjay Chowbey's 2026 compensation is estimated at $7.36M, a 36.18% increase from 2025. Insiders traded $KMT stock 7 times in the past 6 months, with 2 purchases and 5 sales. 198 institutional investors added shares, while 147 decreased positions. Analysts have mixed ratings and price targets for $KMT, with a median target of $37.0.

Kennametal Inc. (KMT) has become the Official Tooling Supplier for NASCAR, a strategic partnership announced during the International Manufacturing Technology Show 2026. The company's Price-to-Sales ratio is 0.96, below its historical median, indicating market skepticism about future growth. KMT holds a GF Score™ of 87/100, reflecting solid fundamentals. Insider activity shows net selling, while institutional sentiment is mixed. The GF Value™ estimates KMT's intrinsic value at $32.19 per share,

Chowbey Sanjay (President and CEO) purchased 7,000 shares of KENNAMETAL INC (KMT) at $29.10 ($0.20M total) on 2026-09-10.