Kennametal, Inc. (KMT) Tops Q4 EPS by 1c; Guides FY14 EPS Below Consensus

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JPMorgan Downgrades Kennametal (KMT) to Neutral

July 26, 2013 6:42 AM EDT

JPMorgan downgraded Kennametal (NYSE: KMT) from Overweight to Neutral with a price target of $46.00 (unchanged).

For an analyst ratings summary and ratings history on Kennametal click here. For more ratings news on Kennametal click here.

Shares of Kennametal closed at $42.44 yesterday, with a 52 week range of $32.65-$44.59.... More

Kennametal, Inc. (KMT) Declares $0.18 Quarterly Dividend; 1.7% Yield

July 25, 2013 9:08 AM EDT

Kennametal, Inc. (NYSE: KMT) declared a quarterly dividend of $0.18 per share, or $0.72 annualized.

The dividend will be payable on August 21, 2013, to stockholders of record on August 6, 2013, with an ex-dividend date of August 2, 2013.

The annual yield on the dividend is 1.7 percent.... More

Kennametal (KMT) Adds 5M Common to Buyback Plan

July 25, 2013 9:07 AM EDT

Kennametal (NYSE: KMT) announced today that its Board of Directors authorized a second amended multi-year repurchase program of up to 17 million shares of the company's outstanding capital stock (previously 12 million shares). The purchases may be made from time to time, at the company's... More