Man Group plc Invests $3.24 Million in Kadant Inc $KAI

Posted by George Bondi on Sep 1st, 2026

Man Group plc acquired a new position in Kadant Inc (NYSE:KAI – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,309 shares of the industrial products company’s stock, valued at approximately $3,239,000. Man Group plc owned about 0.09% of Kadant as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its position in shares of Kadant by 1,300.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 84 shares of the industrial products company’s stock valued at $25,000 after buying an additional 78 shares during the last quarter. Kestra Investment Management LLC bought a new position in shares of Kadant during the second quarter worth about $27,000. CWM LLC lifted its stake in shares of Kadant by 102.3% in the fourth quarter. CWM LLC now owns 87 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 44 shares during the period. Kestra Advisory Services LLC bought a new stake in Kadant in the fourth quarter valued at approximately $27,000. Finally, Danske Bank A S acquired a new stake in Kadant during the 4th quarter valued at approximately $29,000. 96.13% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on KAI shares. Wall Street Zen downgraded shares of Kadant from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Zacks Research cut shares of Kadant from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Barrington Research reissued an “outperform” rating and set a $380.00 target price on shares of Kadant in a research note on Monday, May 4th. DA Davidson boosted their target price on shares of Kadant from $306.00 to $335.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Finally, Weiss Ratings upgraded Kadant from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 17th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Kadant presently has an average rating of “Hold” and a consensus price target of $357.50.

View Our Latest Report on KAI

Kadant Trading Down 1.1%

KAI opened at $298.77 on Tuesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.59 and a quick ratio of 1.63. Kadant Inc has a fifty-two week low of $244.87 and a fifty-two week high of $354.07. The firm has a market capitalization of $3.53 billion, a PE ratio of 32.13 and a beta of 1.20. The company’s 50-day moving average is $313.22 and its 200 day moving average is $315.07.

Kadant (NYSE:KAI – Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $3.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.94 by $0.48. The company had revenue of $312.88 million for the quarter, compared to analysts’ expectations of $299.17 million. Kadant had a return on equity of 13.16% and a net margin of 9.52%.Kadant’s quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.31 earnings per share. 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 Inc will post 12.56 earnings per share for the current fiscal year.

Kadant declared that its board has authorized a share buyback 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 repurchase up to 1.4% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Kadant Company Profile

(Free Report)

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.