Kadant Inc. (NYSE:KAI – Free Report) – Stock analysts at William Blair issued their Q1 2025 earnings per share (EPS) estimates for Kadant in a note issued to investors on Monday, December 16th. William Blair analyst R. Sparenblek forecasts that the industrial products company will post earnings of $2.42 per share for the quarter. The consensus estimate for Kadant’s current full-year earnings is $10.11 per share. William Blair also issued estimates for Kadant’s Q2 2025 earnings at $2.98 EPS and Q4 2025 earnings at $2.53 EPS.
Separately, Barrington Research reaffirmed an “outperform” rating and issued a $360.00 target price on shares of Kadant in a report on Wednesday, October 30th.
Kadant Stock Performance
Shares of NYSE:KAI opened at $352.81 on Tuesday. Kadant has a 1 year low of $249.51 and a 1 year high of $429.95. The stock has a market capitalization of $4.14 billion, a price-to-earnings ratio of 36.11 and a beta of 1.25. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.29 and a quick ratio of 1.46. The company’s 50 day simple moving average is $370.85 and its 200 day simple moving average is $332.32.
Kadant (NYSE:KAI – Get Free Report) last issued its earnings results on Tuesday, October 29th. The industrial products company reported $2.84 EPS for the quarter, beating the consensus estimate of $2.43 by $0.41. Kadant had a net margin of 11.12% and a return on equity of 15.10%. The company had revenue of $271.61 million during the quarter, compared to analysts’ expectations of $266.38 million. During the same period in the previous year, the company earned $2.69 EPS. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year.
Hedge Funds Weigh In On Kadant
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ashton Thomas Securities LLC acquired a new stake in shares of Kadant in the third quarter valued at about $25,000. Icon Wealth Advisors LLC bought a new stake in Kadant in the third quarter valued at approximately $28,000. Westside Investment Management Inc. bought a new stake in Kadant in the third quarter valued at approximately $31,000. Park Place Capital Corp increased its position in Kadant by 68.6% during the 3rd quarter. Park Place Capital Corp now owns 204 shares of the industrial products company’s stock valued at $69,000 after purchasing an additional 83 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. bought a new position in Kadant during the 3rd quarter worth approximately $74,000. 96.13% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Kadant
In other Kadant news, VP Fredrik H. Westerhout sold 600 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $397.25, for a total value of $238,350.00. Following the completion of the transaction, the vice president now directly owns 1,437 shares in the company, valued at approximately $570,848.25. This trade represents a 29.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Rebecca Martinez O’mara sold 300 shares of Kadant stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $392.59, for a total value of $117,777.00. Following the sale, the director now directly owns 1,293 shares in the company, valued at $507,618.87. The trade was a 18.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,052 shares of company stock valued at $1,091,455. 1.40% of the stock is owned by insiders.
Kadant Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 9th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Thursday, January 9th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.36%. Kadant’s payout ratio is currently 13.10%.
Kadant Company 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.
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