Highest-materiality recent filing
Kennametal appoints Amanda Cole as VP and CHRO; Judith Bacchus to retire
Amanda Cole appointed VP and Chief Human Resources Officer effective July 21, 2026; she joins from Wesco International.
Kennametal expands credit facilities: revolver to $850M, new $500M term loan
Revolving credit facility increased from $650M to $850M via First Amendment on May 28, 2026.
Kennametal issues $300M of 5.800% Senior Notes due 2036 to refinance 2028 notes
Issued $300M aggregate principal of 5.800% Senior Notes maturing May 28, 2036.
Kennametal completes tender offer for $209M of 4.625% Senior Notes due 2028
Tender offer for any and all $300M 4.625% Senior Notes due 2028 expired; $209.4M principal tendered.
Kennametal launches $300M tender for 4.625% notes due 2028; concurrent senior notes offering
Company commenced cash tender offer for any and all of its $300M 4.625% Senior Notes due 2028; expires May 26, 2026.
Kennametal Q3 sales up 22% to $593M; adj EPS $0.77 beats outlook; raises annual guidance
Sales $593M (+22% YoY); organic growth 19%; operating income $79M (13.4% margin), up 80%.
Kennametal declares quarterly dividend of $0.20 per share
Dividend of $0.20 per share declared by Board on April 28, 2026.
Kennametal Q2 FY2026 sales $530M (+10% YoY); adj EPS $0.47 (+89%); raises annual outlook
Sales $530M (+10% YoY); operating income $53M (9.9% margin); adj operating income $56M (10.5% margin).
Kennametal declares $0.20 quarterly dividend, payable Feb 24, 2026
Quarterly cash dividend of $0.20 per share declared on January 27, 2026.
Kennametal enters $650M unsecured 5-year revolving credit facility, maturing Nov 2030
Facility replaces existing $650M Sixth Amended Credit Agreement dated June 2022.
Kennametal Q1 sales $498M (+3%), adjusted EPS $0.34 (+18%), raises FY2026 outlook
Sales $498M (+3% YoY); adjusted operating income $41M (+11%); adjusted EPS $0.34 (+18%).
Kennametal declares $0.20 quarterly dividend, holds annual meeting
Declared quarterly cash dividend of $0.20 per share, payable Nov 24, 2025 to holders of record Nov 10, 2025.
Kennametal Q4 adj EPS $0.34 vs $0.49 YoY; FY26 guidance below FY25 levels
Q4 sales $516M (-5% YoY); adjusted EPS $0.34 vs $0.49; reported EPS $0.28.
Kennametal director Steven Wunning to retire; quarterly dividend of $0.20 declared
Steven H. Wunning, director since 2005 and Audit Committee Chair, will not seek re-election and will retire at the October 2025 annual meeting.
Kennametal completes sale of Goshen, IN subsidiary for $19M; immaterial pre-tax loss
Sold Kennametal Stellite, L.P. (surface coating/welding) to a Chicago-based private equity firm.
Kennametal Q3 adjusted EPS $0.47 beats prior year on sales down 6%; updates FY outlook
EPS of $0.41 (adjusted $0.47) vs $0.24 ($0.30) prior year; adjusted EPS exceeded prior outlook.
Kennametal appoints Shelley Bausch to Board; Cindy L. Davis to retire Sep 1
Shelley Bausch, age 60, joins Kennametal Board effective May 1, 2025; will serve on Audit Committee.
Kennametal declares $0.20 quarterly dividend, payable May 27, 2025
Quarterly cash dividend of $0.20 per share declared on April 29, 2025.
Cardenas's employment terminates without cause on April 1, 2025; garden leave from Jan 20 to April 1 as VP Special Projects.
Kennametal Q2 FY25 sales $482M, EPS $0.23, lowers FY outlook on EMEA weakness
Sales $482M, down 3% YoY; GAAP EPS $0.23 vs $0.29, adjusted EPS $0.25 vs $0.30.
Kennametal appoints Doug Dietrich to board; declares $0.20 quarterly dividend
Douglas Dietrich, Chairman/CEO of Minerals Technologies, appointed to board effective Feb 1, 2025.
Kennametal appoints Faisal Hamadi as President of Infrastructure segment, effective Jan 20, 2025
Faisal Hamadi succeeds Franklin Cardenas; Cardenas stays through April 1, 2025.
Kennametal announces plant closures and headcount cuts; expects $25M pre-tax charges
Closing Greenfield, MA facility; ops cease April 2025, substantial completion by Dec 31, 2025.
Kennametal Q1 sales $482M (-2%); EPS $0.28; adj EPS $0.29; guides FY adj EPS $1.30-1.70
Sales $482M, down 2% YoY; EPS $0.28 vs $0.37; adjusted EPS $0.29 vs $0.41.
Kennametal declares $0.20 quarterly dividend; shareholders approve 2024 stock plan
Quarterly cash dividend of $0.20 per share declared, payable Nov 26, 2024 to holders of record Nov 12, 2024.
Base salary $520K; sign-on cash bonus $125K (repayable if voluntary termination within 1 year).
Kennametal Q4 EPS $0.47, FY24 adj EPS $1.50; new $200M buyback; FY25 guide adj EPS $1.30-1.70
Q4 EPS $0.47 (adj $0.49) vs $0.45 (adj $0.51) prior year; FY24 EPS $1.37 (adj $1.50) vs $1.46 (adj $1.52).
Kennametal names David Bersaglini President of Metal Cutting; declares $0.20 dividend
David Bersaglini appointed VP and President of Metal Cutting segment effective Aug 26, 2024.
Kennametal resumes Rogers, AR facility operations after May 26 tornado damage
Facility resumed operations on June 11 after tornado damage on May 26.
Kennametal's Rogers, AR plant damaged by tornado; operations disrupted
Facility damaged by tornado early Sunday May 26; no employees onsite as plant was shut for holiday weekend.
Kennametal Q3 EPS $0.24 (adj. $0.30); sales down 4%; lowers FY2024 outlook
Sales $516M, down 4% YoY; EPS $0.24 vs $0.39; adjusted EPS $0.30.
Kennametal declares $0.20 quarterly cash dividend
Board declared a quarterly cash dividend of $0.20 per share.
Kennametal appoints Sanjay Chowbey as CEO effective June 1, 2024; Christopher Rossi retires May 31
Christopher Rossi to retire as President & CEO on May 31, 2024 after nearly 7 years at the helm.
Kennametal board adopts annual say-on-pay vote frequency following advisory vote
Shareholders at Oct 24, 2023 annual meeting voted non-binding in favor of annual say-on-pay.
Kennametal Q2 EPS $0.29 flat sales; launches $200M buyback; cuts FY24 outlook
Q2 sales $495M flat YoY; organic sales down 3%; EPS $0.29 vs $0.27 prior year; adjusted EPS $0.30.
Kennametal declares quarterly dividend of $0.20 per share
Quarterly cash dividend of $0.20 per share declared by Board of Directors.
Kennametal Q1 EPS $0.37 beats prior year; sales flat at $492M; guides FY adj EPS $1.75-$2.15
EPS $0.37 vs $0.34 YoY; adjusted EPS $0.41.
Kennametal appoints William M. Lambert as Chairman, declares $0.20 quarterly dividend
William M. Lambert becomes Chairman effective Nov 1, 2023, succeeding Lawrence Stranghoener who remains on board.
Kennametal FY23 EPS down to $1.46; guides FY24 EPS $1.75-$2.15
FY23 EPS of $1.46 (adjusted $1.52) vs $1.72 (adj $1.78) prior year; Q4 EPS $0.45 (adj $0.51) vs $0.50 (adj $0.53).
Kennametal starts cost restructuring; expects $20M annual savings, $20M charge
Initiates action to streamline cost structure; expects ~$20M annualized pre-tax savings by end of FY2024.
Kennametal Q3 sales up 5% YoY, raises FY2023 adjusted EPS and sales outlook
EPS $0.39 (GAAP) vs $0.42 prior year; revenue $536M +5% YoY, organic +8%.
Kennametal Q2 FY23 EPS $0.27 vs $0.37; sales $497M, +2% YoY with 11% organic growth
GAAP EPS $0.27, down from $0.37; no adjusted EPS reported for current quarter (prior year adj. EPS $0.35).
Kennametal appoints Paul Sternlieb to Audit Committee
Paul Sternlieb elected as Director effective January 1, 2023.
Kennametal appoints Enerpac CEO Paul Sternlieb to Board effective Jan 1, 2023
Paul Sternlieb, President & CEO of Enerpac Tool Group, elected to Kennametal board effective January 1, 2023.
Kennametal Q1 FY2023 EPS $0.34 vs $0.43 YoY; sales $495M; guides FY adjusted EPS $1.30-$1.70
Sales $495M, up 2% YoY; organic growth 9% offset by 7% FX headwind.
Kennametal FY22 EPS $1.72, up 165% YoY; Q4 EPS $0.50, adjusted $0.53 flat; sales $2.0B +9%
FY22 sales $2.0B, up 9% YoY (11% organic); Q4 sales $530M, up 3% (7% organic).
Kennametal appoints John W. Witt as VP Finance and Corporate Controller
John W. Witt appointed VP Finance and Corporate Controller effective June 20, 2022.
Kennametal enters $700M five-year unsecured credit agreement, matures June 2027
Unsecured revolving facility replaces prior credit agreement dated 2018; maturity extended to June 14, 2027.
Kennametal appoints Patrick S. Watson as CFO, replacing Damon Audia who resigned
Damon Audia resigned as VP and CFO effective June 3, 2022 to pursue another opportunity.
Kennametal Q3 FY2022: sales $512M, adj. EPS $0.47; margin up 280 bps
Sales $512M, +6% YoY (organic +8%); GAAP EPS $0.42, adjusted EPS $0.47 (vs $0.32 prior).
Cindy L. Davis provided notice to the Company that she does not intend to run for re-election to the Board at the Annual Meeting of Shareowners to be held in October 2025. She will retire from the Board as of September 1, 2025.
the appointment of Shelley Bausch, age 60, to serve as a member of the Board of Directors to hold office from May 1, 2025
Mr. Franklin Cardenas leaving the Company.
On January 28, 2025, the Board of Directors (the “Board”) of Kennametal Inc. (the “Company”) announced the appointment of Doug Dietrich, age 55, to serve as a member of the Board of Directors to hold office from February 1, 2025 until the Annual Meeting of Shareholders in October 2025
Mr. Hamadi succeeds Mr. Franklin Cardenas, the Company’s current Vice President, Kennametal Inc. and President, Infrastructure Business Segment, who has served in the role from February 20, 2020 to date and will cease serving in such role effective January 20, 2025.
On January 13, 2025, the Board of Directors (the “Board”) of Kennametal Inc. (the “Company” or “Kennametal”) announced the appointment of Faisal Hamadi, age 40, to serve as Vice President, Kennametal Inc. and President, Infrastructure Business Segment effective January 20, 2025.
the election of C. David Bersaglini ("Mr. Bersaglini") to serve as a Vice President, Kennametal Inc. and President, Metal Cutting Business Segment, effective as of August 26, 2024.
Lawrence W. Stranghoener provided notice to the Company that he does not intend to run for re-election to the Board at the Annual Meeting of Shareowners to be held in October 2024. He will retire from the Board at the end of that meeting.
elected C. David Bersaglini to serve as Vice President and President, Metal Cutting Business Segment effective on or about August 26, 2024.
Mr. Chowbey has also been appointed to serve as a member of the Board of Directors to hold office from June 1, 2024
the Board announced the appointment of Mr. Sanjay Chowbey to serve as Kennametal’s President and Chief Executive Officer starting on June 1, 2024.
On October 26, 2023, the Board of Directors (“Board”) of Kennametal Inc. (the “Company”) announced that Mr. William M. Lambert has been appointed Chairman of the Board to take effect on November 1, 2023, succeeding Lawrence W. Stranghoener...
Max materiality 0.85 · Median 0.55 · Most common event earnings