William Blair Forecasts Kadant's Q1 Earnings (NYSE:KAI)

Kadant Inc. (NYSE:KAI - Free Report) - William Blair issued their Q1 2025 earnings per share (EPS) estimates for shares of Kadant in a research note 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. The firm had revenue of $271.61 million for the quarter, compared to analysts' expectations of $266.38 million. Kadant had a net margin of 11.12% and a return on equity of 15.10%. The company's quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.69 EPS.

Separately, Barrington Research reaffirmed an "outperform" rating and issued a $360.00 price target on shares of Kadant in a report on Wednesday, October 30th.

Kadant Stock Performance

Shares of NYSE:KAI traded down $5.93 during midday trading on Tuesday, reaching $354.38. The company had a trading volume of 159,028 shares, compared to its average volume of 83,237. The stock has a market cap of $4.16 billion, a P/E ratio of 36.27 and a beta of 1.25. The company's 50 day moving average price is $370.23 and its 200 day moving average price is $332.17. The company has a current ratio of 2.29, a quick ratio of 1.46 and a debt-to-equity ratio of 0.37. Kadant has a 52-week low of $249.51 and a 52-week high of $429.95.

Kadant Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 9th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date of this dividend is Thursday, January 9th. Kadant's payout ratio is presently 13.10%.

Insider Activity

In other news, VP Fredrik H. Westerhout sold 600 shares of the firm's stock in a transaction on Monday, November 18th. The shares were sold at an average price of $397.25, for a total transaction of $238,350.00. Following the sale, the vice president now owns 1,437 shares in the company, valued at approximately $570,848.25. This trade represents a 29.46 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Thomas C. Leonard sold 152 shares of the company's stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $398.21, for a total transaction of $60,527.92. Following the completion of the transaction, the director now owns 4,250 shares of the company's stock, valued at $1,692,392.50. This trade represents a 3.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,052 shares of company stock worth $1,091,455 over the last ninety days. Company insiders own 1.40% of the company's stock.

Hedge Funds Weigh In On Kadant

A number of large investors have recently modified their holdings of KAI. Raymond James & Associates lifted its stake in shares of Kadant by 6.5% in the 2nd quarter. Raymond James & Associates now owns 84,117 shares of the industrial products company's stock valued at $24,712,000 after acquiring an additional 5,167 shares during the last quarter. Raymond James Trust N.A. grew its holdings in shares of Kadant by 12.4% in the second quarter. Raymond James Trust N.A. now owns 1,559 shares of the industrial products company's stock worth $458,000 after purchasing an additional 172 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Kadant by 9.4% in the second quarter. Bank of New York Mellon Corp now owns 63,955 shares of the industrial products company's stock worth $18,789,000 after buying an additional 5,473 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in Kadant by 87.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 47,219 shares of the industrial products company's stock valued at $13,872,000 after buying an additional 22,020 shares during the last quarter. Finally, Smith Shellnut Wilson LLC ADV bought a new stake in Kadant during the 2nd quarter valued at $242,000. 96.13% of the stock is owned by hedge funds and other institutional investors.

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.