Tudor Investment Corp ET AL Takes Position in Kadant Inc $KAI

Key Points

• Tudor Investment Corp bought a new position of 5,039 shares in Kadant (NYSE:KAI) during Q3 valued at about $1.5 million, part of a stock base that is 96.13% owned by hedge funds and institutional investors.
• Kadant beat Q4 expectations with $2.80 EPS (vs. $2.19 est.) and $286.2M revenue, provided Q1 2026 guidance of $1.78–1.88 and FY2026 guidance of $10.50–10.75 EPS, and raised its quarterly dividend to $0.36.
• Analysts have a consensus rating of 'Hold' with a $341.50 average price target, though Barrington Research rates the stock "Outperform" with a $380 target.

Tudor Investment Corp ET AL bought a new position in shares of Kadant Inc (NYSE:KAI - Free Report) during the third quarter, according to its most recent filing with the SEC. The fund bought 5,039 shares of the industrial products company's stock, valued at approximately $1,500,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd increased its holdings in Kadant by 1,300.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 84 shares of the industrial products company's stock worth $25,000 after buying an additional 78 shares during the last quarter. Kestra Investment Management LLC purchased a new position in Kadant in the second quarter valued at about $27,000. First Horizon Corp bought a new position in shares of Kadant during the 3rd quarter valued at approximately $30,000. Allworth Financial LP grew its position in shares of Kadant by 89.1% during the 3rd quarter. Allworth Financial LP now owns 104 shares of the industrial products company's stock valued at $31,000 after acquiring an additional 49 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in shares of Kadant during the 3rd quarter worth approximately $35,000. 96.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Kadant Stock Performance

NYSE KAI opened at $290.10 on Monday. The company's 50 day moving average is $325.74 and its 200-day moving average is $302.95. Kadant Inc has a 12-month low of $244.87 and a 12-month high of $369.97. The company has a quick ratio of 1.47, a current ratio of 2.38 and a debt-to-equity ratio of 0.37. The firm has a market cap of $3.42 billion, a P/E ratio of 33.54 and a beta of 1.22.

Kadant (NYSE:KAI - Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.80 EPS for the quarter, topping the consensus estimate of $2.19 by $0.61. Kadant had a net margin of 9.69% and a return on equity of 11.57%. The company had revenue of $286.20 million during the quarter, compared to the consensus estimate of $274.43 million. During the same period last year, the firm earned $2.25 EPS. Kadant's revenue for the quarter 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. Sell-side analysts predict that Kadant Inc will post 9.97 earnings per share for the current year.

Kadant Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 13th. Stockholders of record on Wednesday, April 15th will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 0.5%. This is a boost from Kadant's previous quarterly dividend of $0.34. The ex-dividend date is Wednesday, April 15th. Kadant's dividend payout ratio (DPR) is presently 16.65%.

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.

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