Kadant Inc $KAI Shares Sold by Capital International Investors

Capital International Investors trimmed its holdings in Kadant Inc (NYSE:KAI) by 5.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 477,553 shares of the industrial products company’s stock after selling 29,016 shares during the quarter. Capital International Investors owned 4.05% of Kadant worth $142,110,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in shares of Kadant in the 2nd quarter valued at about $40,019,000. Champlain Investment Partners LLC raised its position in Kadant by 54.6% during the second 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. JPMorgan Chase & Co. lifted its holdings in Kadant by 141.3% in the third quarter. JPMorgan Chase & Co. now owns 99,703 shares of the industrial products company’s stock valued at $29,670,000 after acquiring an additional 58,382 shares during the period. Wasatch Advisors LP lifted its holdings in Kadant by 3.6% in the second quarter. Wasatch Advisors LP now owns 984,193 shares of the industrial products company’s stock valued at $312,432,000 after acquiring an additional 34,561 shares during the period. Finally, Bank of America Corp DE boosted its position in Kadant by 23.8% in the 2nd 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 in the last quarter. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Kadant Stock Up 0.6%

Kadant stock opened at $332.31 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.38 and a quick ratio of 1.47. The stock has a market capitalization of $3.92 billion, a PE ratio of 38.42 and a beta of 1.22. The business has a 50 day simple moving average of $326.30 and a 200-day simple moving average of $304.92. Kadant Inc has a 12 month low of $244.87 and a 12 month high of $369.97.

Kadant (NYSE:KAI) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $2.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.61. The firm had revenue of $286.20 million for the quarter, compared to analyst estimates of $274.43 million. Kadant had a return on equity of 11.57% and a net margin of 9.69%.The business’s revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.25 EPS. Kadant has set its Q1 2026 guidance at 1.780-1.880 EPS and its FY 2026 guidance at 10.500-10.750 EPS. On average, analysts anticipate that Kadant Inc will post 9.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kadant in a report on Monday, December 29th. Barrington Research reissued an “outperform” rating and set a $380.00 price target on shares of Kadant in a report on Tuesday, February 24th. Finally, DA Davidson set a $303.00 price target on shares of Kadant in a research report on Friday, February 20th. 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 data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $341.50.

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.