Kadant (KAI)

• Market cap: $3.97B
• 1 day: -3.90%
• 5 days: -1.11%
• 1 month: -9.88%
• 3 months: -2.36%
• 6 months: -0.15%
• Year to date: -2.75%
• 1 year: 2.86%
• 5 years: 348.85%
• 10 years: 543.33%
• Sector: Industrials
• Industry: Special Industry Machinery, Except Metalworking Machinery

About: Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are the Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; the Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a geographic presence in the U.S., China, Asia, Germany, Canada, and Others.

Employees: 3,500

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

117% more call options, than puts

Call options by funds: $2.24M | Put options by funds: $1.04M

90% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 21

4% more funds holding

Funds holding: 277 [Q3] → 288 (+11) [Q4]

2% more capital invested

Capital invested by funds: $4.35B [Q3] → $4.45B (+$102M) [Q4]

0.33% more ownership

Funds ownership: 109.46% [Q3] → 109.79% (+0.33%) [Q4]

28% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 114

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $410 21% upside
• Avg. target: $410 21% upside
• High target: $410 21% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Barrington Research Gary Prestopino 45% 1-year accuracy 70 / 157 met price target

21% upside $410

Outperform Maintained

18 Feb 2025