Kadant’s (KAI) Hold (C+) Rating Reaffirmed at Weiss Ratings

Kadant (NYSE:KAI)‘s stock had its “hold (c+)” rating restated by research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Other analysts have also recently issued reports about the company. Wall Street Zen raised Kadant from a “sell” rating to a “hold” rating in a report on Saturday, July 5th. Barrington Research reissued an “outperform” rating and set a $380.00 price target on shares of Kadant in a report on Tuesday, September 23rd. Finally, DA Davidson lifted their price target on Kadant from $275.00 to $300.00 and gave the stock a “neutral” rating in a report on Monday, August 4th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $340.00.

Kadant Stock Up 0.1%

KAI stock opened at $298.45 on Wednesday. The company has a quick ratio of 1.53, a current ratio of 2.38 and a debt-to-equity ratio of 0.26. The business has a 50 day moving average price of $320.05 and a two-hundred day moving average price of $319.69. The company has a market cap of $3.52 billion, a price-to-earnings ratio of 33.23 and a beta of 1.22. Kadant has a twelve month low of $281.30 and a twelve month high of $429.95.

Kadant (NYSE:KAI) last issued its earnings results on Tuesday, July 29th. The industrial products company reported $2.31 EPS for the quarter, topping the consensus estimate of $1.94 by $0.37. Kadant had a return on equity of 12.62% and a net margin of 10.34%.The company had revenue of $255.27 million during the quarter, compared to the consensus estimate of $245.99 million. During the same period in the previous year, the company posted $2.81 EPS. The firm’s revenue for the quarter was down 7.3% compared to the same quarter last year. Kadant has set its Q3 2025 guidance at 2.130-2.230 EPS. FY 2025 guidance at 9.050-9.250 EPS. Analysts anticipate that Kadant will post 9.97 EPS for the current fiscal year.

Insiders Place Their Bets

In other Kadant news, Director Thomas C. Leonard sold 415 shares of the company’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $338.41, for a total value of $140,440.15. Following the sale, the director owned 4,250 shares in the company, valued at approximately $1,438,242.50. The trade was a 8.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in KAI. Kestra Investment Management LLC acquired a new position in shares of Kadant in the 2nd quarter valued at about $27,000. Opal Wealth Advisors LLC acquired a new position in shares of Kadant in the 1st quarter valued at about $30,000. Maseco LLP acquired a new position in shares of Kadant in the 2nd quarter valued at about $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of Kadant in the 2nd quarter valued at about $31,000. Finally, Huntington National Bank lifted its stake in shares of Kadant by 148.0% in the 2nd quarter. Huntington National Bank now owns 124 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 74 shares during the period. 96.13% of the stock is owned by institutional investors and hedge funds.

About Kadant

Kadant Inc supplies technologies and engineered systems worldwide. It operates in three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables consisting of doctor systems and holders, doctor blades, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems.