Kadant (KAI)
Supplies flow-control, industrial-processing, and material-handling equipment for process industries.
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Sells engineered equipment, systems, parts, and consumables for flow control, industrial processing, and material handling across process industries. Revenue combines project-based machinery with aftermarket demand from a broad installed base, and roughly half of sales come from outside the United States.
Supplies engineered equipment, systems, parts, and consumables through Flow Control, Industrial Processing, and Material Handling. Flow Control covers rotary joints, steam and condensate systems, doctoring, roll cleaning, and filtration. Industrial Processing spans fiber recycling, pulping and dewatering, wood debarking and chipping, boiler cleaning, automation, and industrial profiles; Material Handling adds conveyors, vibratory feeders and screens, balers, and fiber-based absorbent granules.
Sells globally to paper, packaging, tissue, wood products, mining, food, energy, and waste-management customers, using application expertise and local technical support to keep process equipment productive. A broad installed base creates ongoing demand for aftermarket parts and consumables alongside project-based capital equipment. Customer maintenance and capital spending remain key demand drivers, while roughly half of sales come from outside the United States.
Company facts
Target rangeAs of Sep 2, 2026
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 6, 2026 | DA Davidson | Reiterate | Neutral | $303 | $335 |
| Feb 20, 2026 | D.A. Davidson | Target | $295 | $303 | |
| Feb 9, 2026 | DA Davidson | Reiterate | Neutral | $275 | $295 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jul 4, 2026Cash & short-term investments $134.5M · Total debt $0 · Total assets $1.89B · Shareholders' equity $1.02B
- Revenue
- $312.9M
- Operating income
- $50.9M
- Net income
- $32.5M
Raised for 11 straight years — most recently to $0.36 from $0.34 in Apr 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 16, 2026 | Jul 16 | Aug 13 | $0.36 | |
| Apr 15, 2026 | Apr 15 | May 13 | $0.36 | raised from $0.34 |
| Jan 8, 2026 | Jan 8 | Feb 5 | $0.34 | |
| Oct 9, 2025 | Oct 9 | Nov 6 | $0.34 | |
| Jul 10, 2025 | Jul 10 | Aug 7 | $0.34 | |
| Apr 9, 2025 | Apr 9 | May 7 | $0.34 | raised from $0.32 |
| Jan 10, 2025 | Jan 10 | Feb 6 | $0.32 | |
| Oct 10, 2024 | Oct 10 | Nov 7 | $0.32 |
| Institutions331 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | ≈ 111.83% | 13.21M shares | |
| Insiders14 holders · as of Jul 6, 2026 | 0.75% | 88.6K shares | |
| Adds to | 112.58% |
11.81M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 112.58%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
BlackRock, Inc.Institution | 15.23% | 1.80M | 13Fas of Jun 30, 2026 |
Kayne Anderson Rudnick Investment Management LLCInstitution | 9.11% | 1.08M | 13Fas of Jun 30, 2026 |
Wasatch Advisors LPInstitution | 7.36% | 868,696 | 13Fas of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 6.02% | 710,867 | 13Fas of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.51% | 532,346 | 13Fas of Jun 30, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 27, 2026 | Stacy D. Krause | officer: SVP, GC and Secretary | −1,227 | $334.17 |
| May 18, 2026 | Thomas Andrew Blanchard | officer: Vice President | −1,400 | $322.04 |
| Nov 25, 2025 | Erin L. Russell | director | −1,435 | $282.36 |
| Nov 11, 2025 | Rebecca Martinez O'Mara | director | −699 | $266.91 |
- Flowserve
Flow-control hardware and service overlap.
- Astec Industries
Screens, feeders, conveyors, and recycling-equipment peer.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Kadant | $297.00 | +0.49% | $3.48B | 31.7 | 22.2 | 3.0 | +22.6% |
| Flowserve | $77.74 | −0.05% | $9.97B | 27.3 | 17.8 | 2.2 | −1.6% |
| Astec Industries | $42.34 | +2.82% | $973.0M | 49.8 | 10.9 | 0.6 | +23.6% |
| Median | 38.5 | 14.3 | 1.4 | +11.0% |