Key Points
- Director Erin Russell sold 1,435 shares at an average price of $282.36 for a total of $405,186.60, reducing her stake by 31.88% to 3,066 shares (valued at $865,715.76), per an SEC filing.
- Kadant beat expectations for the quarter with $2.59 EPS vs. $2.18 consensus and $271.57M revenue vs. $260.17M, and set Q4 2025 guidance of 2.050–2.250 EPS and FY2025 guidance of 9.050–9.250 EPS.
- The company declared a quarterly dividend of $0.34 (annualized $1.36, yield 0.5%; ex-dividend date Jan 8), while analysts maintain an average rating of "Hold" with a $340 average target.
Kadant Inc (NYSE:KAI - Get Free Report) Director Erin Russell sold 1,435 shares of the firm's stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $282.36, for a total transaction of $405,186.60. Following the completion of the transaction, the director directly owned 3,066 shares of the company's stock, valued at $865,715.76. This represents a 31.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Kadant Stock Down 1.1%
Kadant stock opened at $278.40 on Thursday. The firm has a market capitalization of $3.28 billion, a P/E ratio of 32.19 and a beta of 1.24. The company has a current ratio of 9.39, a quick ratio of 1.53 and a debt-to-equity ratio of 0.27. Kadant Inc has a twelve month low of $244.87 and a twelve month high of $422.73. The stock's fifty day simple moving average is $285.38 and its 200-day simple moving average is $311.05.
Kadant (NYSE:KAI - Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.41. The company had revenue of $271.57 million for the quarter, compared to the consensus estimate of $260.17 million. Kadant had a return on equity of 11.97% and a net margin of 9.96%.Kadant's revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.84 EPS. Kadant has set its Q4 2025 guidance at 2.050-2.250 EPS. FY 2025 guidance at 9.050-9.250 EPS. As a group, equities analysts expect that Kadant Inc will post 9.97 earnings per share for the current fiscal year.
Kadant Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 5th. Investors of record on Thursday, January 8th will be paid a $0.34 dividend. The ex-dividend date is Thursday, January 8th. This represents a $1.36 dividend on an annualized basis and a yield of 0.5%. Kadant's payout ratio is currently 15.72%.
Analysts Set New Price Targets
KAI has been the topic of a number of recent analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of Kadant in a research report on Tuesday. Barrington Research reissued an "outperform" rating and issued a $380.00 target price on shares of Kadant in a report on Monday, October 27th. Finally, DA Davidson raised their price target on Kadant from $275.00 to $300.00 and gave the company a "neutral" rating in a research note on Monday, August 4th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $340.00.
Read Our Latest Research Report on KAI
Institutional Trading of Kadant
Hedge funds and other institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its stake in 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 last quarter. Kestra Investment Management LLC purchased a new position in shares of Kadant during the second quarter worth approximately $27,000. Maseco LLP acquired a new position in shares of Kadant in the 2nd quarter valued at $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Kadant in the 2nd quarter valued at $31,000. Finally, First Horizon Corp purchased a new stake in Kadant in the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 96.13% of the company's stock.
About Kadant
(
Get Free Report)
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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