Kadant Inc Stock News

Kadant Inc with ticker code (KAI) now have 3 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 245 and 211 calculating the average target price we see 228.67. Given that the stocks previous close was at 227.3 this now indicates there is a potential upside of .6%. The day 50 moving average is 216.09 and the 200 moving average now moves to 194.43. The company has a market cap of $2,637m. Find out more information at: /> [stock_market_widget type="chart" symbol="KAI" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Kadant Inc. supplies critical components and engineered systems worldwide. It operates through 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, profiling systems, doctor blades, shower and fabric-conditioning systems, formation systems, and water-filtration systems.

Nuveen Asset Management LLC decreased its stake in Kadant Inc. (NYSE:KAI) by 12.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,690 shares of the industrial products companys stock after selling 5,480 shares during the period. Nuveen Asset Management LLCs holdings []

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Charles Schwab Investment Management Inc. lifted its position in shares of Kadant Inc. (NYSE:KAI) by 2.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,058 shares of the industrial products companys stock after acquiring an additional 2,142 shares during the quarter. Charles []

Kadant Inc. (KAI) CEO Jeff Powell on Q3 2021 Results - Earnings Call Transcript

Kadant (KAI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

WESTFORD, Mass., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2021 third quarter results after the market closes on Tuesday, November 2, 2021 and will hold a

People have been spending more on goods than services during the pandemic, giving a boost to manufacturing activity and stocks like Applied Industrial Technologies (AIT), Helios Technologies (HLIO) an

WESTFORD, Mass., Sept. 30, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it has achieved one of its 2021 climate goals of sourcing 100 percent of the electricity it uses from renewable so

Kadant (KAI) benefits from solid product offerings, recovering economy, strengthening demand, and diversified operations. Its buyout activities and rewards to shareholders are appealing.

WESTFORD, Mass., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.25 per share to be

People have been spending more on goods than services during the pandemic, boosting manufacturing activity and stocks like Applied Industrial Technologies (AIT), Deere & Company (DE) and Dover Corpora

Kadant (KAI) benefits from strengthening market demand and backlog, solid operational execution and gains from acquired assets.

Kadant (KAI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Kadant's (KAI) acquisition of Balemaster enhances its growth prospects in the secondary material processing industry. The acquired business will form part of the Material Handling segment.