Advantage Alpha Capital Partners LP Takes $2.75 Million Position in Kadant Inc $KAI

Advantage Alpha Capital Partners LP bought a new position in Kadant Inc (NYSE:KAI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 8,646 shares of the industrial products company’s stock, valued at approximately $2,745,000. Advantage Alpha Capital Partners LP owned about 0.07% of Kadant as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Maseco LLP acquired a new position in Kadant in the second quarter valued at about $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of Kadant in the second quarter valued at approximately $31,000. Huntington National Bank boosted its holdings in shares of Kadant by 148.0% in the 2nd quarter. Huntington National Bank now owns 124 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 74 shares in the last quarter. SVB Wealth LLC bought a new stake in Kadant during the 1st quarter worth approximately $54,000. Finally, Harbor Investment Advisory LLC increased its holdings in Kadant by 55.4% during the 2nd quarter. Harbor Investment Advisory LLC now owns 174 shares of the industrial products company’s stock valued at $55,000 after purchasing an additional 62 shares in the last quarter. 96.13% of the stock is owned by institutional investors.

Kadant Stock Down 1.1%

NYSE KAI opened at $278.40 on Friday. The stock has a market capitalization of $3.28 billion, a P/E ratio of 32.19 and a beta of 1.24. Kadant Inc has a 52 week low of $244.87 and a 52 week high of $422.73. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.53 and a current ratio of 9.39. The stock has a fifty day moving average of $284.77 and a 200-day moving average of $310.82.

Kadant (NYSE:KAI) last posted its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the business earned $2.84 earnings per share. Kadant has set its Q4 2025 guidance at 2.050-2.250 EPS. FY 2025 guidance at 9.050-9.250 EPS. On average, equities research analysts forecast that Kadant Inc will post 9.97 EPS for the current year.

Kadant Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Thursday, January 8th will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, January 8th. Kadant’s dividend payout ratio (DPR) is 15.72%.

Analyst Upgrades and Downgrades

A number of research firms have commented on KAI. DA Davidson boosted their price objective on Kadant from $275.00 to $300.00 and gave the stock a “neutral” rating in a research note on Monday, August 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kadant in a research report on Tuesday. Finally, Barrington Research reissued an “outperform” rating and set a $380.00 price objective on shares of Kadant in a report on Monday, October 27th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $340.00.

Insider Activity at Kadant

In other news, Director Erin L. Russell sold 1,435 shares of Kadant 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 sale, the director owned 3,066 shares in the company, valued at $865,715.76. The trade was a 31.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Rebecca Martinez O’mara sold 699 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $266.91, for a total transaction of $186,570.09. Following the completion of the transaction, the director owned 1,141 shares in the company, valued at $304,544.31. This represents a 37.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.40% of the stock is owned by insiders.

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.