Kadant Inc $KAI Shares Sold by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC decreased its stake in shares of Kadant Inc (NYSE:KAI) by 24.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 168,698 shares of the industrial products company’s stock after selling 53,353 shares during the period. Conestoga Capital Advisors LLC owned about 1.43% of Kadant worth $50,201,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new position in Kadant during the 2nd quarter worth approximately $40,019,000. Champlain Investment Partners LLC raised its position in shares of Kadant by 54.6% during the 2nd quarter. Champlain Investment Partners LLC now owns 248,632 shares of the industrial products company’s stock valued at $78,928,000 after acquiring an additional 87,832 shares in the last quarter. Wasatch Advisors LP lifted its stake in Kadant by 3.6% during the second quarter. Wasatch Advisors LP now owns 984,193 shares of the industrial products company’s stock worth $312,432,000 after purchasing an additional 34,561 shares during the last quarter. Bank of America Corp DE boosted its holdings in Kadant by 23.8% in the second quarter. Bank of America Corp DE now owns 147,463 shares of the industrial products company’s stock worth $46,812,000 after purchasing an additional 28,380 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in Kadant by 90.2% during the second quarter. Allspring Global Investments Holdings LLC now owns 59,244 shares of the industrial products company’s stock valued at $19,266,000 after purchasing an additional 28,099 shares during the last quarter. 96.13% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Barrington Research restated an “outperform” rating and issued a $380.00 price target on shares of Kadant in a research report on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Kadant in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Kadant has an average rating of “Hold” and a consensus price target of $340.00.

Kadant Stock Performance

Shares of KAI opened at $318.68 on Monday. The firm has a fifty day moving average of $281.73 and a 200-day moving average of $305.14. The company has a market cap of $3.75 billion, a price-to-earnings ratio of 36.84 and a beta of 1.25. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.60 and a current ratio of 2.45. Kadant Inc has a 1 year low of $244.87 and a 1 year high of $409.73.

Kadant (NYSE:KAI) last issued its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.41. The firm had revenue of $271.57 million for the quarter, compared to the consensus estimate of $260.17 million. Kadant had a net margin of 9.96% and a return on equity of 11.97%. Kadant’s quarterly revenue was up .0% compared to the same quarter last year. During the same period last year, the firm posted $2.84 EPS. Kadant has set its Q4 2025 guidance at 2.050-2.250 EPS and its FY 2025 guidance at 9.050-9.250 EPS. As a group, equities analysts anticipate that Kadant Inc will post 9.97 earnings per share for the current year.

Kadant Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 5th. Investors of record on Thursday, January 8th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, January 8th. Kadant’s dividend payout ratio is 15.72%.

Insider Activity at Kadant

In other news, Director Rebecca Martinez O’mara sold 699 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $266.91, for a total value of $186,570.09. Following the completion of the transaction, the director owned 1,141 shares of the company’s stock, valued at approximately $304,544.31. This represents a 37.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Erin L. Russell sold 1,435 shares of Kadant stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $282.36, for a total transaction of $405,186.60. Following the sale, the director owned 3,066 shares in the company, valued at approximately $865,715.76. This represents a 31.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.20% of the stock is owned by company insiders.

About Kadant

Kadant Inc, headquartered in Westford, Massachusetts, is a global supplier of high‐value, critical components and engineered systems for the pulp and paper industry and other process industries. The company’s product portfolio spans stock preparation technologies, refiners and pulpers, fluid handling systems, and web‐handling equipment designed to optimize the efficiency and quality of paper production. In addition to capital equipment, Kadant offers aftermarket services, including spare parts, maintenance programs and process optimization consulting, which together support long‐term customer productivity and reliability.

Originally part of a larger industrial conglomerate, Kadant was established as an independent public company in 1991.