William Blair Weighs in on Kadant Inc.’s FY2025 Earnings (NYSE:KAI)

Kadant Inc. (NYSE:KAI) – Research analysts at William Blair issued their FY2025 earnings estimates for shares of Kadant in a report released on Wednesday, May 1st. William Blair analyst R. Sparenblek forecasts that the industrial products company will post earnings per share of $10.90 for the year. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Kadant’s current full-year earnings is $10.00 per share.

Separately, Barrington Research reissued an “outperform” rating and set a $360.00 target price on shares of Kadant in a research report on Monday, April 29th.

Kadant Stock Performance

Kadant stock opened at $272.46 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.34 and a current ratio of 2.05. Kadant has a one year low of $186.95 and a one year high of $354.02. The stock’s 50 day moving average price is $307.75 and its 200 day moving average price is $282.83. The firm has a market capitalization of $3.20 billion, a PE ratio of 28.38 and a beta of 1.30.

Kadant (NYSE:KAI) last issued its quarterly earnings data on Tuesday, April 30th. The industrial products company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.42. Kadant had a return on equity of 15.88% and a net margin of 11.53%. The company had revenue of $248.98 million for the quarter, compared to analysts’ expectations of $245.56 million. During the same quarter in the previous year, the firm posted $2.40 earnings per share. The firm’s quarterly revenue was up 8.4% on a year-over-year basis.

Institutional Trading of Kadant

Large investors have recently modified their holdings of the company. Headinvest LLC bought a new position in Kadant in the 3rd quarter worth about $25,000. Benjamin F. Edwards & Company Inc. bought a new position in Kadant in the 1st quarter worth approximately $28,000. Parallel Advisors LLC increased its position in Kadant by 58.2% in the 4th quarter. Parallel Advisors LLC now owns 106 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 39 shares during the period. First Horizon Advisors Inc. raised its stake in Kadant by 37.0% during the 4th quarter. First Horizon Advisors Inc. now owns 185 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 50 shares in the last quarter. Finally, Financial Management Professionals Inc. acquired a new position in Kadant during the 4th quarter worth $54,000. Institutional investors and hedge funds own 96.13% of the company’s stock.

Insider Activity at Kadant

In other Kadant news, Director Jonathan W. Painter sold 7,000 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $330.25, for a total value of $2,311,750.00. Following the transaction, the director now directly owns 7,615 shares of the company’s stock, valued at approximately $2,514,853.75. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, SVP Stacy D. Krause sold 700 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $327.00, for a total transaction of $228,900.00. Following the completion of the transaction, the senior vice president now owns 881 shares in the company, valued at approximately $288,087. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan W. Painter sold 7,000 shares of the firm’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $330.25, for a total value of $2,311,750.00. Following the completion of the sale, the director now owns 7,615 shares in the company, valued at $2,514,853.75. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,798 shares of company stock valued at $2,899,004. Insiders own 1.40% of the company’s stock.

Kadant Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 8th. Investors of record on Wednesday, April 10th will be paid a $0.32 dividend. This is a boost from Kadant’s previous quarterly dividend of $0.29. The ex-dividend date is Tuesday, April 9th. This represents a $1.28 annualized dividend and a dividend yield of 0.47%. Kadant’s payout ratio is 13.33%.

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.