Numerai GP LLC Takes Position in Kadant Inc $KAI

Numerai GP LLC bought a new position in shares of Kadant Inc (NYSE:KAI) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,062 shares of the industrial products company’s stock, valued at approximately $2,102,000. Numerai GP LLC owned about 0.06% of Kadant as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Kestra Investment Management LLC acquired a new stake in Kadant in the second quarter worth about $27,000. First Horizon Corp acquired a new position in Kadant during the 3rd quarter valued at about $30,000. Root Financial Partners LLC bought a new position in shares of Kadant in the 3rd quarter valued at about $35,000. Smartleaf Asset Management LLC boosted its stake in shares of Kadant by 278.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 189 shares of the industrial products company’s stock valued at $59,000 after purchasing an additional 139 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Kadant by 46.9% during the 3rd quarter. GAMMA Investing LLC now owns 238 shares of the industrial products company’s stock worth $71,000 after buying an additional 76 shares during the period. Institutional investors and hedge funds own 96.13% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on KAI shares. Barrington Research restated an “outperform” rating and issued a $380.00 price objective on shares of Kadant in a report on Tuesday, February 24th. DA Davidson set a $303.00 target price on shares of Kadant in a report on Friday, February 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Kadant in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Kadant presently has a consensus rating of “Hold” and a consensus price target of $341.50.

Kadant Stock Down 0.6%

Kadant stock opened at $301.79 on Tuesday. The company has a 50 day moving average of $327.54 and a 200-day moving average of $304.14. The company has a quick ratio of 1.47, a current ratio of 2.38 and a debt-to-equity ratio of 0.37. Kadant Inc has a twelve month low of $244.87 and a twelve month high of $369.97. The stock has a market capitalization of $3.56 billion, a PE ratio of 34.89 and a beta of 1.22.

Kadant (NYSE:KAI) last issued its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.80 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.61. The business had revenue of $286.20 million for the quarter, compared to analyst estimates of $274.43 million. Kadant had a net margin of 9.69% and a return on equity of 11.57%. The firm’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period last year, the business posted $2.25 earnings per share. Kadant has set its Q1 2026 guidance at 1.780-1.880 EPS and its FY 2026 guidance at 10.500-10.750 EPS. On average, equities research analysts anticipate that Kadant Inc will post 9.97 EPS for the current fiscal year.

Kadant Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 13th. Stockholders of record on Wednesday, April 15th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Kadant’s previous quarterly dividend of $0.34. The ex-dividend date is Wednesday, April 15th. Kadant’s dividend payout ratio is presently 15.72%.

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.