Susquehanna Fundamental Investments LLC Has $10.22 Million Stock Holdings 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 its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,525 shares of the industrial products company’s stock after buying an additional 10,052 shares during the period. Susquehanna Fundamental Investments LLC’s holdings in Kadant were worth $10,220,000 at the end of the most recent quarter.

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

Kadant Trading Up 0.1%

Shares of Kadant stock opened at $302.57 on Monday. The company has a market capitalization of $3.57 billion, a P/E ratio of 32.53 and a beta of 1.20. The stock has a fifty day simple moving average of $313.27 and a 200 day simple moving average of $315.36. Kadant Inc has a 12-month low of $244.87 and a 12-month high of $354.07. The company has a current ratio of 2.59, a quick ratio of 1.63 and a debt-to-equity ratio of 0.49.

Kadant (NYSE:KAI) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $3.42 earnings per share for the quarter, beating the consensus estimate of $2.94 by $0.48. The business had revenue of $312.88 million for the quarter, compared to analysts’ expectations of $299.17 million. Kadant had a return on equity of 13.16% and a net margin of 9.52%.The business’s revenue was up 22.6% on a year-over-year basis. During the same period last year, the business 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. On average, sell-side analysts anticipate that Kadant Inc will post 12.56 earnings per share for the current fiscal year.

Kadant declared that its board has authorized a stock repurchase program on Thursday, May 21st that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the industrial products company to purchase up to 1.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

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

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.