Seaport Res Ptn Has Negative Forecast for Kadant Q3 Earnings

Kadant Inc. (NYSE:KAI - Free Report) - Analysts at Seaport Res Ptn lowered their Q3 2025 earnings estimates for Kadant in a research report issued to clients and investors on Wednesday, May 7th. Seaport Res Ptn analyst W. Liptak now expects that the industrial products company will earn $2.54 per share for the quarter, down from their previous forecast of $2.83. The consensus estimate for Kadant's current full-year earnings is $9.97 per share. Seaport Res Ptn also issued estimates for Kadant's Q1 2026 earnings at $2.26 EPS, Q3 2026 earnings at $2.72 EPS and Q4 2026 earnings at $2.71 EPS.

Several other brokerages also recently commented on KAI. DA Davidson dropped their price target on Kadant from $300.00 to $275.00 and set a "neutral" rating on the stock in a research report on Thursday, May 1st. Barrington Research reiterated an "outperform" rating and set a $380.00 target price on shares of Kadant in a research note on Thursday, May 1st.

Kadant Stock Performance

Shares of NYSE:KAI traded up $3.08 during midday trading on Thursday, hitting $303.85. The company's stock had a trading volume of 221,369 shares, compared to its average volume of 109,521. Kadant has a fifty-two week low of $266.23 and a fifty-two week high of $429.95. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.46 and a current ratio of 2.29. The stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of 32.05 and a beta of 1.30. The stock's 50 day simple moving average is $324.33 and its 200 day simple moving average is $355.74.

Kadant (NYSE:KAI - Get Free Report) last posted its earnings results on Tuesday, April 29th. The industrial products company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.13. Kadant had a return on equity of 14.66% and a net margin of 10.59%. The firm had revenue of $239.21 million during the quarter, compared to analyst estimates of $239.41 million. During the same period in the previous year, the company earned $2.38 EPS. The company's revenue for the quarter was down 3.9% on a year-over-year basis.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of KAI. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Kadant during the 4th quarter valued at about $193,595,000. Vanguard Group Inc. grew its position in Kadant by 25.0% in the fourth quarter. Vanguard Group Inc. now owns 1,218,273 shares of the industrial products company's stock valued at $420,292,000 after acquiring an additional 243,267 shares during the period. Norges Bank bought a new position in shares of Kadant during the fourth quarter valued at $46,529,000. Raymond James Financial Inc. bought a new stake in shares of Kadant in the 4th quarter worth about $39,400,000. Finally, Conestoga Capital Advisors LLC bought a new position in Kadant during the 4th quarter valued at about $38,560,000. 96.13% of the stock is currently owned by institutional investors and hedge funds.

Kadant Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 9th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.45%. The ex-dividend date was Wednesday, April 9th. This is a positive change from Kadant's previous quarterly dividend of $0.32. Kadant's dividend payout ratio (DPR) is presently 14.44%.

About Kadant

Kadant Inc supplies technologies and engineered systems worldwide. It operates in three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables consisting of doctor systems and holders, doctor blades, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems.