Susquehanna Fundamental Investments LLC Has $10.22 Million Stake in Kadant Inc $KAI

Susquehanna Fundamental Investments LLC boosted its position in Kadant Inc (NYSE:KAI) by 44.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,525 shares of the industrial products company’s stock after purchasing an additional 10,052 shares during the period. Susquehanna Fundamental Investments LLC owned 0.28% of Kadant worth $10,220,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its stake in shares of Kadant by 14.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 254 shares of the industrial products company’s stock valued at $75,000 after buying an additional 32 shares during the period. Pacer Advisors Inc. boosted its position in Kadant by 9.4% during the 4th quarter. Pacer Advisors Inc. now owns 374 shares of the industrial products company’s stock worth $107,000 after buying an additional 32 shares during the period. Illinois Municipal Retirement Fund grew its holdings in Kadant by 0.6% during the 1st quarter. Illinois Municipal Retirement Fund now owns 6,120 shares of the industrial products company’s stock worth $1,789,000 after acquiring an additional 37 shares during the last quarter. Maryland State Retirement & Pension System grew its holdings in Kadant by 2.3% during the 4th quarter. Maryland State Retirement & Pension System now owns 1,732 shares of the industrial products company’s stock worth $494,000 after acquiring an additional 39 shares during the last quarter. Finally, CWM LLC increased its position in Kadant by 102.3% in the 4th quarter. CWM LLC now owns 87 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 44 shares during the period. 96.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KAI has been the topic of a number of recent research reports. Zacks Research lowered shares of Kadant from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. Barrington Research restated an “outperform” rating and issued a $380.00 price objective on shares of Kadant in a report on Monday, May 4th. Wall Street Zen lowered Kadant from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Weiss Ratings raised Kadant from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 17th. Finally, DA Davidson upped their price target on Kadant from $306.00 to $335.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Kadant presently has a consensus rating of “Hold” and an average price target of $357.50.

Kadant Stock Performance

KAI stock opened at $302.57 on Monday. The firm has a market cap of $3.57 billion, a PE ratio of 32.53 and a beta of 1.20. The company has a current ratio of 2.59, a quick ratio of 1.63 and a debt-to-equity ratio of 0.49. The stock has a 50-day moving average price of $313.27 and a 200-day moving average price of $315.36. Kadant Inc has a 1-year low of $244.87 and a 1-year high of $354.07.

Kadant (NYSE:KAI) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $3.42 EPS for the quarter, beating the consensus estimate of $2.94 by $0.48. The company had revenue of $312.88 million for the quarter, compared to analyst estimates of $299.17 million. Kadant had a return on equity of 13.16% and a net margin of 9.52%.The firm’s revenue for the quarter was up 22.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.31 EPS. Kadant has set its FY 2026 guidance at 12.430-12.680 EPS and its Q3 2026 guidance at 2.900-3.000 EPS. As a group, equities research analysts expect that Kadant Inc will post 12.56 earnings per share for the current year.

Kadant declared that its board has initiated a share buyback plan on Thursday, May 21st that authorizes the company to buyback $50.00 million in outstanding shares. This buyback authorization authorizes the industrial products company to buy up to 1.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

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.