Yousif Capital Management LLC Grows Position in Kadant Inc $KAI

Yousif Capital Management LLC increased its position in shares of Kadant Inc (NYSE:KAI) by 1.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,433 shares of the industrial products company’s stock after buying an additional 55 shares during the quarter. Yousif Capital Management LLC’s holdings in Kadant were worth $1,407,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Maseco LLP purchased a new position in Kadant during the 2nd quarter worth approximately $30,000. Optimum Investment Advisors grew its stake in shares of Kadant by 50.0% in the 1st quarter. Optimum Investment Advisors now owns 150 shares of the industrial products company’s stock valued at $51,000 after purchasing an additional 50 shares during the last quarter. SVB Wealth LLC purchased a new position in shares of Kadant in the 1st quarter valued at approximately $54,000. Harbor Investment Advisory LLC grew its stake in shares of Kadant by 55.4% in the 2nd quarter. Harbor Investment Advisory LLC now owns 174 shares of the industrial products company’s stock valued at $55,000 after purchasing an additional 62 shares during the last quarter. Finally, Hilltop National Bank purchased a new position in shares of Kadant in the 2nd quarter valued at approximately $62,000. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Insider Transactions at Kadant

In related news, Director Thomas C. Leonard sold 415 shares of Kadant stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $338.41, for a total transaction of $140,440.15. Following the completion of the transaction, the director directly owned 4,250 shares of the company’s stock, valued at approximately $1,438,242.50. The trade was a 8.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

KAI has been the topic of several analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Kadant in a research note on Wednesday, October 8th. Barrington Research reiterated an “outperform” rating and issued a $380.00 target price on shares of Kadant in a research note on Friday, October 10th. DA Davidson lifted their target price on Kadant from $275.00 to $300.00 and gave the company a “neutral” rating in a research note on Monday, August 4th. Finally, Wall Street Zen upgraded Kadant from a “sell” rating to a “hold” rating in a research note on Saturday, July 5th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $340.00.

Kadant Stock Performance

Shares of KAI stock opened at $303.93 on Tuesday. The stock has a fifty day moving average price of $314.34 and a 200 day moving average price of $316.77. The stock has a market cap of $3.58 billion, a PE ratio of 33.85 and a beta of 1.22. Kadant Inc has a 1 year low of $270.73 and a 1 year high of $429.95. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.53 and a current ratio of 2.38.

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

Kadant Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Investors of record on Thursday, October 9th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $1.36 annualized dividend and a yield of 0.4%. Kadant’s payout ratio is currently 15.14%.

Kadant Profile

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.