Vanguard Group Inc. Decreases Stock Position in Kadant Inc $KAI

Vanguard Group Inc. cut its position in Kadant Inc (NYSE:KAI) by 1.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,319,237 shares of the industrial products company’s stock after selling 14,999 shares during the period. Vanguard Group Inc. owned approximately 0.11% of Kadant worth $392,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Kestra Investment Management LLC purchased a new stake in Kadant during the second quarter valued at about $27,000. First Horizon Corp purchased a new position in shares of Kadant in the third quarter worth about $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of Kadant in the second quarter worth about $31,000. Root Financial Partners LLC bought a new stake in shares of Kadant in the third quarter valued at approximately $35,000. Finally, Huntington National Bank lifted its stake in shares of Kadant by 148.0% during the 2nd quarter. Huntington National Bank now owns 124 shares of the industrial products company’s stock valued at $39,000 after buying an additional 74 shares in the last quarter. Institutional investors own 96.13% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Barrington Research reiterated an “outperform” rating and issued a $380.00 price objective on shares of Kadant in a research note on Tuesday. DA Davidson set a $303.00 price target on Kadant in a report on Friday, February 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Kadant in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $341.50.

Kadant Stock Performance

Kadant stock opened at $346.57 on Friday. Kadant Inc has a 1-year low of $244.87 and a 1-year high of $381.73. The company has a current ratio of 8.97, a quick ratio of 5.22 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $4.08 billion, a PE ratio of 40.07 and a beta of 1.25. The firm’s 50 day simple moving average is $317.80 and its 200 day simple moving average is $305.14.

Kadant (NYSE:KAI) last announced its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.27 EPS for the quarter, beating the consensus estimate of $2.19 by $0.08. The firm 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 business’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period last year, the firm earned $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. As a group, analysts expect that Kadant Inc will post 9.97 earnings per share for the current fiscal year.

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.