Kadant (NYSE:KAI – Get Free Report) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 12.430-12.680 for the period, compared to the consensus EPS estimate of 11.550. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Kadant also updated its Q3 2026 guidance to 2.900-3.000 EPS.
Kadant Stock Performance
KAI traded up $10.11 during trading on Tuesday, reaching $334.67. 121,638 shares of the company’s stock were exchanged, compared to its average volume of 156,276. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.47 and a quick ratio of 1.53. Kadant has a 1 year low of $244.87 and a 1 year high of $357.65. The company’s fifty day simple moving average is $306.50 and its 200-day simple moving average is $315.86. The stock has a market capitalization of $3.95 billion, a P/E ratio of 38.16 and a beta of 1.20.
Kadant (NYSE:KAI – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.42 EPS for the quarter, beating the consensus estimate of $2.94 by $0.48. The business had revenue of $312.88 million for the quarter, compared to the consensus estimate of $299.17 million. Kadant had a net margin of 9.45% and a return on equity of 12.13%. Kadant has set its FY 2026 guidance at 12.430-12.680 EPS and its Q3 2026 guidance at 2.900-3.000 EPS. As a group, research analysts predict that Kadant will post 12.42 earnings per share for the current fiscal year.
Kadant Announces Dividend
Kadant declared that its Board of Directors has authorized a stock repurchase plan on Thursday, May 21st that authorizes the company to buyback $50.00 million in shares. This buyback authorization authorizes the industrial products company to purchase up to 1.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its shares are undervalued.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on KAI. Wall Street Zen raised Kadant from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Zacks Research cut shares of Kadant from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Barrington Research reiterated an “outperform” rating and issued a $380.00 target price on shares of Kadant in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded shares of Kadant from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $341.50.
Check Out Our Latest Report on KAI
Insider Buying and Selling at Kadant
In related news, SVP Stacy D. Krause sold 1,227 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $334.17, for a total value of $410,026.59. Following the completion of the transaction, the senior vice president owned 1,363 shares of the company’s stock, valued at approximately $455,473.71. This represents a 47.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.30% of the stock is currently owned by corporate insiders.
Institutional Trading of Kadant
A number of institutional investors and hedge funds have recently made changes to their positions in KAI. Caitong International Asset Management Co. Ltd raised its stake in shares of Kadant by 1,300.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 84 shares of the industrial products company’s stock worth $25,000 after buying an additional 78 shares during the period. Kestra Advisory Services LLC acquired a new stake in Kadant in the 4th quarter valued at $27,000. Kestra Investment Management LLC purchased a new stake in Kadant in the 2nd quarter worth $27,000. Allworth Financial LP increased its holdings in Kadant by 89.1% in the 3rd quarter. Allworth Financial LP now owns 104 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 49 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Kadant by 278.0% during the second quarter. Smartleaf Asset Management LLC now owns 189 shares of the industrial products company’s stock worth $59,000 after acquiring an additional 139 shares during the period. 96.13% of the stock is currently owned by hedge funds and other institutional investors.
About Kadant
Kadant Inc, headquartered in Westford, Massachusetts, is a global supplier of high‐value, critical components and engineered systems for the pulp and paper industry and other process industries. The company’s product portfolio spans stock preparation technologies, refiners and pulpers, fluid handling systems, and web‐handling equipment designed to optimize the efficiency and quality of paper production. In addition to capital equipment, Kadant offers aftermarket services, including spare parts, maintenance programs and process optimization consulting, which together support long‐term customer productivity and reliability.
Originally part of a larger industrial conglomerate, Kadant was established as an independent public company in 1991.
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