Kadant Inc $KAI Shares Acquired by Blair William & Co. IL

Blair William & Co. IL increased its stake in Kadant Inc (NYSE:KAI) by 0.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,673 shares of the industrial products company’s stock after acquiring an additional 40 shares during the period. Blair William & Co. IL owned approximately 0.10% of Kadant worth $3,706,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of KAI. Yousif Capital Management LLC acquired a new stake in shares of Kadant in the first quarter valued at $1,475,000. GAMMA Investing LLC raised its stake in shares of Kadant by 348.1% in the first quarter. GAMMA Investing LLC now owns 242 shares of the industrial products company’s stock valued at $82,000 after acquiring an additional 188 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of Kadant by 23.1% in the first quarter. Fifth Third Bancorp now owns 442 shares of the industrial products company’s stock valued at $149,000 after acquiring an additional 83 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Kadant by 7.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 836 shares of the industrial products company’s stock valued at $282,000 after acquiring an additional 57 shares in the last quarter. Finally, Opal Wealth Advisors LLC acquired a new stake in shares of Kadant in the first quarter valued at $30,000. 96.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Kadant

In other news, Director Thomas C. Leonard sold 415 shares of the stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $338.41, for a total transaction of $140,440.15. Following the completion of the sale, the director owned 4,250 shares in the company, valued at approximately $1,438,242.50. This represents a 8.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Wall Street Zen raised Kadant from a “sell” rating to a “hold” rating in a report on Saturday, July 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Kadant in a report on Wednesday, October 8th. Barrington Research reissued an “outperform” rating and issued a $380.00 target price on shares of Kadant in a report on Friday. Finally, DA Davidson increased their target price on Kadant from $275.00 to $300.00 and gave the company a “neutral” rating in a report on Monday, August 4th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $340.00.

Kadant Stock Performance

NYSE KAI opened at $279.50 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.38 and a quick ratio of 1.53. Kadant Inc has a 1 year low of $270.73 and a 1 year high of $429.95. The company has a market capitalization of $3.29 billion, a PE ratio of 31.12 and a beta of 1.22. The company has a fifty day moving average of $317.21 and a two-hundred day moving average of $317.94.

Kadant (NYSE:KAI) last released its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.37. Kadant had a net margin of 10.34% and a return on equity of 12.62%. The company had revenue of $255.27 million during the quarter, compared to the consensus estimate of $245.99 million. During the same quarter in the prior year, the firm posted $2.81 earnings per share. Kadant’s revenue for the quarter was down 7.3% on a year-over-year basis. Kadant has set its Q3 2025 guidance at 2.130-2.230 EPS. FY 2025 guidance at 9.050-9.250 EPS. As a group, analysts expect that Kadant Inc will post 9.97 earnings per share for the current year.

Kadant Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Thursday, October 9th will be paid a dividend of $0.34 per share. The ex-dividend date is Thursday, October 9th. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. Kadant’s dividend payout ratio is 15.14%.

Kadant Profile

Kadant Inc supplies technologies and engineered systems worldwide. It operates in three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables consisting of doctor systems and holders, doctor blades, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems.