EULAV Asset Management Buys 2,200 Shares of Kadant Inc $KAI

EULAV Asset Management grew its stake in shares of Kadant Inc (NYSE:KAI) by 6.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,800 shares of the industrial products company’s stock after buying an additional 2,200 shares during the quarter. EULAV Asset Management’s holdings in Kadant were worth $10,653,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Advantage Alpha Capital Partners LP bought a new stake in Kadant during the second quarter worth about $2,745,000. Champlain Investment Partners LLC raised its holdings in shares of Kadant by 54.6% during the 2nd quarter. Champlain Investment Partners LLC now owns 248,632 shares of the industrial products company’s stock valued at $78,928,000 after buying an additional 87,832 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Kadant by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 279,013 shares of the industrial products company’s stock valued at $88,583,000 after buying an additional 4,162 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in Kadant by 40.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,846 shares of the industrial products company’s stock worth $1,856,000 after buying an additional 1,683 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its stake in Kadant by 6.8% in the second quarter. Handelsbanken Fonder AB now owns 78,079 shares of the industrial products company’s stock worth $24,786,000 after buying an additional 5,000 shares in the last quarter. 96.13% of the stock is currently owned by hedge funds and other institutional investors.

Kadant Stock Up 3.9%

Shares of Kadant stock opened at $327.78 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.60 and a current ratio of 2.45. Kadant Inc has a 52-week low of $244.87 and a 52-week high of $409.73. The company’s 50 day moving average price is $285.18 and its 200-day moving average price is $305.32. The stock has a market capitalization of $3.86 billion, a price-to-earnings ratio of 37.89 and a beta of 1.25.

Kadant (NYSE:KAI) last posted its quarterly earnings results 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. The company had revenue of $271.57 million during the quarter, compared to analyst estimates of $260.17 million. Kadant had a net margin of 9.96% and a return on equity of 11.97%. The firm’s revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the business posted $2.84 EPS. Kadant has set its Q4 2025 guidance at 2.050-2.250 EPS and its FY 2025 guidance at 9.050-9.250 EPS. Equities research analysts forecast that Kadant Inc will post 9.97 EPS for the current year.

Kadant Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 5th. Investors of record on Thursday, January 8th will be paid a $0.34 dividend. 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 dividend payout ratio (DPR) is presently 15.72%.

Insider Transactions at Kadant

In other Kadant news, Director Erin L. Russell sold 1,435 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $282.36, for a total transaction of $405,186.60. Following the completion of the transaction, the director owned 3,066 shares of the company’s stock, valued at $865,715.76. This represents a 31.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Rebecca Martinez O’mara sold 699 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $266.91, for a total value of $186,570.09. Following the completion of the sale, the director owned 1,141 shares of the company’s stock, valued at approximately $304,544.31. This trade represents a 37.99% decrease in their position. The SEC filing for this sale provides additional information. 1.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Barrington Research reissued an “outperform” rating and set a $380.00 price target on shares of Kadant in a research note on Monday, October 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kadant in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Kadant presently has a consensus rating of “Hold” and a consensus target price of $340.00.

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.