ArrowMark Colorado Holdings LLC Grows Holdings in Kadant Inc $KAI

Key Points

• ArrowMark Colorado Holdings LLC increased its stake in Kadant by 17.5% to 28,051 shares (about 0.24% of the company), and institutional investors now own 96.13% of KAI.
• Kadant beat Q results—EPS $2.80 vs. $2.19 estimate and revenue $286.2M vs. $274.4M—and issued FY2026 guidance of 10.50–10.75 EPS, while analysts have a consensus "Hold" with a $341.50 price target.
• The company raised its quarterly dividend to $0.36 (annualized $1.44, ~0.5% yield); the stock recently traded near $304.93 with a market cap of about $3.6B and a PE of 35.25.

ArrowMark Colorado Holdings LLC increased its holdings in Kadant Inc (NYSE:KAI - Free Report) by 17.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,051 shares of the industrial products company's stock after purchasing an additional 4,186 shares during the quarter. ArrowMark Colorado Holdings LLC owned 0.24% of Kadant worth $8,347,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KAI. Thrivent Financial for Lutherans raised its position in shares of Kadant by 0.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 8,659 shares of the industrial products company's stock worth $2,749,000 after purchasing an additional 32 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 worth $713,000 after acquiring an additional 37 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in Kadant by 1.3% during the third quarter. Nisa Investment Advisors LLC now owns 2,867 shares of the industrial products company's stock worth $853,000 after purchasing an additional 38 shares during the period. Arizona State Retirement System increased its holdings in shares of Kadant by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 3,484 shares of the industrial products company's stock worth $1,037,000 after buying an additional 47 shares during the last quarter. Finally, Blair William & Co. IL raised its position in Kadant by 0.4% in the third quarter. Blair William & Co. IL now owns 11,723 shares of the industrial products company's stock valued at $3,489,000 after purchasing an additional 50 shares during the period. Hedge funds and other institutional investors own 96.13% of the company's stock.

Analyst Ratings Changes

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

Kadant Stock Down 5.1%

KAI stock opened at $304.93 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.47 and a current ratio of 2.38. The stock has a market capitalization of $3.60 billion, a PE ratio of 35.25 and a beta of 1.22. Kadant Inc has a one year low of $244.87 and a one year high of $369.97. The company has a fifty day moving average of $327.43 and a 200-day moving average of $304.34.

Kadant (NYSE:KAI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.80 earnings per share for the quarter, beating analysts' consensus estimates of $2.19 by $0.61. Kadant had a return on equity of 11.57% and a net margin of 9.69%.The company had revenue of $286.20 million for the quarter, compared to analyst estimates of $274.43 million. During the same quarter in the previous year, the company earned $2.25 EPS. The firm's revenue for the quarter was up 10.9% compared to the same quarter last year. Kadant has set its Q1 2026 guidance at 1.780-1.880 EPS and its FY 2026 guidance at 10.500-10.750 EPS. As a group, analysts expect that Kadant Inc will post 9.97 EPS for the current year.

Kadant Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 13th. Investors of record on Wednesday, April 15th will be paid a $0.36 dividend. This represents a $1.44 annualized dividend 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 (DPR) is 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.

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