DA Davidson Has Strong Forecast for Kadant FY2025 Earnings

Kadant Inc (NYSE:KAI) – Equities researchers at DA Davidson lifted their FY2025 earnings per share estimates for shares of Kadant in a note issued to investors on Thursday, October 30th. DA Davidson analyst K. Yinger now anticipates that the industrial products company will earn $9.22 per share for the year, up from their prior forecast of $9.18. DA Davidson currently has a “Neutral” rating and a $300.00 price target on the stock. The consensus estimate for Kadant’s current full-year earnings is $9.97 per share. DA Davidson also issued estimates for Kadant’s Q4 2025 earnings at $2.23 EPS.

A number of other equities research analysts have also recently weighed in on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Kadant in a report on Wednesday, October 8th. Barrington Research reissued an “outperform” rating and set a $380.00 price target on shares of Kadant in a research report on Monday, October 27th. Finally, Wall Street Zen raised Kadant from a “sell” rating to a “hold” rating in a research report on Saturday, July 5th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $340.00.

Kadant Stock Performance

KAI opened at $275.58 on Friday. The stock has a market cap of $3.25 billion, a P/E ratio of 31.86 and a beta of 1.22. The company has a debt-to-equity ratio of 0.27, a current ratio of 9.39 and a quick ratio of 1.53. The stock’s 50 day simple moving average is $306.02 and its 200 day simple moving average is $315.66. Kadant has a 1-year low of $270.73 and a 1-year high of $429.95.

Kadant (NYSE:KAI) last released its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.18 by $0.41. The business had revenue of $271.57 million for the quarter, compared to analysts’ expectations of $260.17 million. Kadant had a return on equity of 11.97% and a net margin of 9.96%.The company’s revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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.

Institutional Investors Weigh In On Kadant

Several hedge funds have recently made changes to their positions in KAI. GAMMA Investing LLC boosted its holdings in shares of Kadant by 348.1% during the first quarter. GAMMA Investing LLC now owns 242 shares of the industrial products company’s stock worth $82,000 after purchasing an additional 188 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Kadant by 7.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 836 shares of the industrial products company’s stock worth $282,000 after purchasing an additional 57 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Kadant by 16.2% during the first quarter. Janney Montgomery Scott LLC now owns 695 shares of the industrial products company’s stock worth $234,000 after purchasing an additional 97 shares during the last quarter. Amalgamated Bank boosted its holdings in shares of Kadant by 736.5% during the first quarter. Amalgamated Bank now owns 3,346 shares of the industrial products company’s stock worth $1,127,000 after purchasing an additional 2,946 shares during the last quarter. Finally, New York State Teachers Retirement System acquired a new stake in shares of Kadant during the first quarter worth $912,000. Institutional investors and hedge funds own 96.13% of the company’s stock.

Insider Activity

In other news, Director Thomas C. Leonard sold 415 shares of the firm’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $338.41, for a total transaction of $140,440.15. Following the sale, the director owned 4,250 shares in the company, valued at $1,438,242.50. This trade represents a 8.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.40% of the stock is owned by company insiders.

Kadant Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Thursday, October 9th will be issued a dividend of $0.34 per share. The ex-dividend date is Thursday, October 9th. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. Kadant’s dividend payout ratio (DPR) is 15.72%.

About Kadant

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.