Seaport Res Ptn Brokers Reduce Earnings Estimates for Kadant

Kadant Inc. (NYSE:KAI - Free Report) - Stock analysts at Seaport Res Ptn reduced their Q3 2025 earnings per share (EPS) estimates for shares of Kadant in a research report issued 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 prior 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 analysts also recently weighed in on the company. DA Davidson lowered their target price on Kadant from $300.00 to $275.00 and set a "neutral" rating for the company in a research note on Thursday, May 1st. Barrington Research reissued an "outperform" rating and issued a $380.00 target price on shares of Kadant in a report on Thursday, May 1st.

Kadant Stock Up 1.8%

NYSE KAI traded up $5.72 during trading hours on Thursday, hitting $325.94. The company had a trading volume of 40,379 shares, compared to its average volume of 109,515. The firm's 50 day moving average is $323.36 and its 200 day moving average is $356.04. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.29 and a quick ratio of 1.46. The company has a market capitalization of $3.84 billion, a price-to-earnings ratio of 34.38 and a beta of 1.30. Kadant has a fifty-two week low of $266.23 and a fifty-two week high of $429.95.

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

Institutional Investors Weigh In On Kadant

A number of institutional investors have recently added to or reduced their stakes in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Kadant in the 4th quarter worth $193,595,000. Vanguard Group Inc. raised its stake in shares of Kadant by 25.0% in the 4th quarter. Vanguard Group Inc. now owns 1,218,273 shares of the industrial products company's stock worth $420,292,000 after buying an additional 243,267 shares in the last quarter. Norges Bank bought a new stake in shares of Kadant in the 4th quarter worth $46,529,000. Raymond James Financial Inc. bought a new stake in shares of Kadant in the 4th quarter worth $39,400,000. Finally, Conestoga Capital Advisors LLC bought a new stake in shares of Kadant in the 4th quarter worth $38,560,000. 96.13% of the stock is currently owned by institutional investors and hedge funds.

Kadant Increases Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date was Wednesday, April 9th. This is a boost from Kadant's previous quarterly dividend of $0.32. Kadant's payout ratio is 14.44%.

Kadant Company Profile

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.