Barrington Research restated their outperform rating on shares of Kadant (NYSE:KAI – Free Report) in a report published on Tuesday morning,Benzinga reports. The brokerage currently has a $380.00 price target on the industrial products company’s stock.
A number of other equities research analysts also recently issued reports on KAI. DA Davidson set a $303.00 target price on shares of Kadant in a report on Friday, February 20th. Weiss Ratings reissued 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 issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $341.50.
View Our Latest Stock Report on Kadant
Kadant Stock Performance
Kadant (NYSE:KAI – Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.08. Kadant had a return on equity of 11.57% and a net margin of 9.69%.The firm had revenue of $286.20 million for the quarter, compared to analyst estimates of $274.43 million. During the same period last year, the company earned $2.25 EPS. The firm’s quarterly revenue was up 10.9% on a year-over-year basis. Kadant has set its Q1 2026 guidance at 1.780-1.880 EPS and its FY 2026 guidance at 10.500-10.750 EPS. Equities research analysts anticipate that Kadant will post 9.97 earnings per share for the current year.
Hedge Funds Weigh In On Kadant
Several hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC increased its holdings in Kadant by 11.2% in the 1st quarter. AQR Capital Management LLC now owns 2,763 shares of the industrial products company’s stock valued at $931,000 after purchasing an additional 279 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Kadant by 8.6% in the first quarter. Integrated Wealth Concepts LLC now owns 907 shares of the industrial products company’s stock valued at $306,000 after buying an additional 72 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Kadant by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,985 shares of the industrial products company’s stock valued at $2,353,000 after buying an additional 311 shares in the last quarter. United Services Automobile Association purchased a new stake in shares of Kadant during the 1st quarter valued at about $255,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Kadant by 1.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 30,974 shares of the industrial products company’s stock worth $10,435,000 after acquiring an additional 441 shares in the last quarter. Institutional investors and hedge funds own 96.13% of the company’s stock.
Kadant Company 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.
See Also
- Five stocks we like better than Kadant
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- This makes me furious
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
Receive News & Ratings for Kadant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kadant and related companies with MarketBeat.com's FREE daily email newsletter.
