Vanguard Group Inc. Sells 14,999 Shares of Kadant Inc $KAI

Vanguard Group Inc. cut its holdings in shares of Kadant Inc (NYSE:KAI) by 1.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,319,237 shares of the industrial products company’s stock after selling 14,999 shares during the quarter. Vanguard Group Inc. owned about 11.20% of Kadant worth $392,579,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in shares of Kadant by 11.2% during the 1st quarter. AQR Capital Management LLC now owns 2,763 shares of the industrial products company’s stock worth $931,000 after buying an additional 279 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of Kadant by 8.6% during the first quarter. Integrated Wealth Concepts LLC now owns 907 shares of the industrial products company’s stock worth $306,000 after purchasing an additional 72 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Kadant by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,985 shares of the industrial products company’s stock valued at $2,353,000 after acquiring an additional 311 shares in the last quarter. United Services Automobile Association bought a new stake in Kadant during the first quarter worth about $255,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Kadant by 1.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 30,974 shares of the industrial products company’s stock worth $10,435,000 after acquiring an additional 441 shares in the last quarter. Institutional investors own 96.13% of the company’s stock.

Kadant Trading Up 2.2%

NYSE KAI opened at $346.57 on Friday. The business’s fifty day moving average is $317.80 and its 200-day moving average is $305.14. The company has a debt-to-equity ratio of 0.38, a current ratio of 8.97 and a quick ratio of 5.22. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of 40.07 and a beta of 1.25. Kadant Inc has a one year low of $244.87 and a one year high of $381.73.

Kadant (NYSE:KAI) last posted its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.08. The business had revenue of $286.20 million during the quarter, compared to the consensus estimate of $274.43 million. Kadant had a net margin of 9.69% and a return on equity of 11.57%. The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the company posted $2.25 earnings per share. Kadant has set its Q1 2026 guidance at 1.780-1.880 EPS and its FY 2026 guidance at 10.500-10.750 EPS. Equities research analysts predict that Kadant Inc will post 9.97 EPS for the current year.

Wall Street Analysts Forecast Growth

KAI has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kadant in a report on Monday, December 29th. Barrington Research restated an “outperform” rating and set a $380.00 price objective on shares of Kadant in a research report on Tuesday. Finally, DA Davidson set a $303.00 target price on shares of Kadant in a 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 stock. According to MarketBeat, Kadant presently has a consensus rating of “Hold” and an average target price of $341.50.

Kadant Profile

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.