Kadant Inc. (NYSE:KAI – Free Report) – William Blair issued their Q1 2025 EPS estimates for shares of Kadant in a report issued on Monday, December 16th. William Blair analyst R. Sparenblek anticipates that the industrial products company will earn $2.42 per share for the quarter. The consensus estimate for Kadant’s current full-year earnings is $10.11 per share. William Blair also issued estimates for Kadant’s Q2 2025 earnings at $2.98 EPS and Q4 2025 earnings at $2.53 EPS.
Kadant (NYSE:KAI – Get Free Report) last posted its earnings results on Tuesday, October 29th. The industrial products company reported $2.84 EPS for the quarter, topping the consensus estimate of $2.43 by $0.41. Kadant had a return on equity of 15.10% and a net margin of 11.12%. The firm had revenue of $271.61 million for the quarter, compared to analyst estimates of $266.38 million. During the same period last year, the company earned $2.69 earnings per share. Kadant’s revenue for the quarter was up 11.2% compared to the same quarter last year.
Check Out Our Latest Analysis on Kadant
Kadant Price Performance
NYSE:KAI opened at $354.38 on Tuesday. 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 50 day moving average price of $370.23 and a 200-day moving average price of $332.17. Kadant has a 1-year low of $249.51 and a 1-year high of $429.95. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 36.27 and a beta of 1.25.
Hedge Funds Weigh In On Kadant
A number of institutional investors and hedge funds have recently bought and sold shares of KAI. Ashton Thomas Securities LLC purchased a new position in Kadant in the 3rd quarter worth approximately $25,000. Icon Wealth Advisors LLC purchased a new position in Kadant during the third quarter worth approximately $28,000. Westside Investment Management Inc. acquired a new position in Kadant during the third quarter worth $31,000. Park Place Capital Corp grew its holdings in Kadant by 68.6% in the 3rd quarter. Park Place Capital Corp now owns 204 shares of the industrial products company’s stock valued at $69,000 after buying an additional 83 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Kadant in the 3rd quarter worth $74,000. 96.13% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, Director Thomas C. Leonard sold 2,000 shares of the firm’s stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $337.40, for a total value of $674,800.00. Following the transaction, the director now directly owns 4,250 shares of the company’s stock, valued at approximately $1,433,950. This trade represents a 32.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Fredrik H. Westerhout sold 600 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $397.25, for a total value of $238,350.00. Following the sale, the vice president now owns 1,437 shares of the company’s stock, valued at approximately $570,848.25. This trade represents a 29.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,052 shares of company stock worth $1,091,455 over the last three months. 1.40% of the stock is currently owned by corporate insiders.
Kadant Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 9th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.36%. The ex-dividend date of this dividend is Thursday, January 9th. Kadant’s payout ratio is currently 13.10%.
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.
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