Kennametal stock surged up to 14.4% after reporting better-than-expected Q2 earnings with 10% year-over-year sales growth. The gains were driven by customers buying ahead of price increases as tungsten prices hit record highs, though it's unclear if this demand will persist. The company also benefits from improved aerospace & defense outlooks and data center growth, with recent ISM data suggesting U.S. manufacturing sector stabilization.

Kennametal reported Q1 fiscal 2026 results with sales of $498 million, a 3% increase from the previous year. The company raised its annual sales and earnings outlook, highlighting modest market improvements and share gains.

The global refractory metals market is experiencing significant transformation, driven by demand in aerospace, defense, and electronics, with key opportunities in advanced melting processes, digital technologies, and sustainable practices.

The manual cutting equipment market is predicted to reach USD 24.6 billion by 2032, driven by the growing construction industry and demand for efficient cutting tools. The oxy-fuel segment and the construction sector are expected to witness significant growth during this period, particularly in Europe.

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector. Paychex, Inc. (NASDAQ:PAYX) Dividend Yield: 3.19% RBC Capital analyst Ashish Sabadra reiterated a Sector Perform rating with a price target of $130 on May 21. This analyst has an accuracy rate of 66%. Wedbush analyst Moshe Katri reiterated a Neutral rating with a price target of $115 on April 3. This analyst has an accuracy rate of 62%. Recent News: Paychex ...Full story available on Benzinga.com

Kennametal (KMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Kennametal's (KMT) fiscal third-quarter 2024 revenues decrease 3.8% due to the lackluster performance of the Metal Cutting segment.

The headline numbers for Kennametal (KMT) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Kennametal (KMT) delivered earnings and revenue surprises of -3.23% and 1.20%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Kennametal (KMT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

Stanley Black & Decker (SWK) delivered earnings and revenue surprises of 1.82% and 1.24%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Kennametal (KMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.