Mountain Pacific Investment Advisers LLC Has $3.34 Million Stake in Kadant Inc $KAI

Mountain Pacific Investment Advisers LLC reduced its stake in shares of Kadant Inc (NYSE:KAI) by 80.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,208 shares of the industrial products company’s stock after selling 45,121 shares during the quarter. Mountain Pacific Investment Advisers LLC owned 0.10% of Kadant worth $3,335,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of KAI. Thrivent Financial for Lutherans increased its holdings in Kadant by 0.4% in the 2nd quarter. Thrivent Financial for Lutherans now owns 8,659 shares of the industrial products company’s stock valued at $2,749,000 after buying an additional 32 shares during the period. Maryland State Retirement & Pension System lifted its stake in Kadant by 1.0% during the second quarter. Maryland State Retirement & Pension System now owns 3,461 shares of the industrial products company’s stock worth $1,099,000 after purchasing an additional 34 shares during the last quarter. Sheets Smith Wealth Management increased its stake in shares of Kadant by 1.6% in the 3rd quarter. Sheets Smith Wealth Management now owns 2,397 shares of the industrial products company’s stock valued at $713,000 after purchasing an additional 37 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Kadant by 1.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,867 shares of the industrial products company’s stock valued at $853,000 after purchasing an additional 38 shares during the last quarter. Finally, Blair William & Co. IL raised its holdings in shares of Kadant by 0.3% during the 2nd quarter. Blair William & Co. IL now owns 11,673 shares of the industrial products company’s stock worth $3,706,000 after buying an additional 40 shares in the last quarter. Institutional investors own 96.13% of the company’s stock.

Insider Activity

In related news, Director Rebecca Martinez O’mara sold 699 shares of Kadant stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $266.91, for a total transaction of $186,570.09. Following the transaction, the director owned 1,141 shares of the company’s stock, valued at $304,544.31. The trade was a 37.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Erin L. Russell sold 1,435 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $282.36, for a total value of $405,186.60. Following the completion of the sale, the director directly owned 3,066 shares of the company’s stock, valued at $865,715.76. The trade was a 31.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.40% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Barrington Research reiterated an “outperform” rating and issued a $380.00 target price on shares of Kadant in a research report on Monday, October 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kadant in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Kadant has an average rating of “Hold” and an average price target of $340.00.

Kadant Stock Performance

Shares of Kadant stock opened at $327.51 on Thursday. The business has a 50-day simple moving average of $289.82 and a 200 day simple moving average of $305.09. Kadant Inc has a one year low of $244.87 and a one year high of $409.73. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.45 and a quick ratio of 1.60. The firm has a market capitalization of $3.86 billion, a price-to-earnings ratio of 37.86 and a beta of 1.25.

Kadant (NYSE:KAI) last announced its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $2.59 EPS for the quarter, beating analysts’ consensus estimates of $2.18 by $0.41. Kadant had a return on equity of 11.97% and a net margin of 9.96%.The firm had revenue of $271.57 million during the quarter, compared to analysts’ expectations of $260.17 million. During the same quarter last year, the firm posted $2.84 earnings per share. The company’s revenue for the quarter was up .0% compared to the same quarter last year. Kadant has set its Q4 2025 guidance at 2.050-2.250 EPS and its FY 2025 guidance at 9.050-9.250 EPS. On average, research analysts anticipate that Kadant Inc will post 9.97 earnings per share for the current fiscal year.

Kadant Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Thursday, January 8th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, January 8th. This represents a $1.36 annualized dividend and a dividend yield of 0.4%. Kadant’s payout ratio is presently 15.72%.

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.