KAI Kadant Dashboard

Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. Its products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. Kadant is based in Westford, Massachusetts, with approximately 2,600 employees in 20 countries worldwide.

Company profile

Ticker

KAI

Exchange

NYSE

Website

www.kadant.com

CEO

Jeffrey Powell

Incorporated

Delaware

Location

Massachusetts

Fiscal year end

Jan 01

Sector

Manufacturing > Sawmill, Woodworking, and Paper Machinery Manufacturing

Industry (SIC)

Special Industry Machinery (No Metalworking Machinery)

nVent Electric • Pentair • John Bean Technologies • Metso ...

Former names

THERMO FIBERTEK INC

SEC CIK

0000886346

Corporate docs

Articles of Incorporation & Bylaws

IRS number

521762325

KAI stock data

S&P 500

1M 1Y 2Y 5Y

News

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Kadant: Q1 Earnings Insights

4 May 21

Shares of Kadant (NYSE:KAI) rose in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 31.19% year over year to $1.43, which beat the estimate of $1.36.

Kadant Q1 EPS $1.43 Beats $1.36 Estimate, Sales $172.46M Beat $170.02M Estimate

4 May 21

Kadant (NYSE:KAI) reported quarterly earnings of $1.43 per share which beat the analyst consensus estimate of $1.36 by 5.15 percent. This is a 31.19 percent increase over earnings of $1.09 per share from the same period

Earnings Scheduled For May 4, 2021

4 May 21

Companies Reporting Before The Bell • Lancaster Colony (NASDAQ:LANC) is likely to report quarterly earnings at $1.24 per share on revenue of $340.02 million.

Barrington Research Maintains Outperform on Kadant, Raises Price Target to $200

29 Apr 21

Stocks That Hit 52-Week Highs On Thursday

1 Apr 21

Press releases

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Kadant to Acquire German Blade Manufacturer Joh. Clouth

17 Jun 21

WESTFORD, Mass., June 17, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) has entered into a definitive agreement to acquire Joh. Clouth GmbH & Co. KG and its affiliates ("Clouth") for approximately 78 million

Kadant Authorizes Share Repurchase

20 May 21

WESTFORD, Mass., May 20, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) announced today that its Board of Directors has authorized the repurchase of up to $20 million of its equity securities effective May 20, 2021

Kadant Declares Cash Dividend

20 May 21

WESTFORD, Mass., May 20, 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 paid on August 12,

Kadant, Inc. to Host Earnings Call

5 May 21

Kadant Reports First Quarter 2021 Results and Record Bookings

4 May 21

Calendar

12 May 21

19 Jun 21

1 Jan 22

Financial summary

Financial statements Chart KAI financial data

Quarter (USD)	Apr 21	Jan 21	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 21	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Kadant earnings reports.

Recent insider trades

KAI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
1 Jun 21	Russell Erin L	Common Stock	Option exercise	Aquire M	No	No	505	3,998
1 Jun 21	Russell Erin L	RSU Common Stock	Option exercise	Dispose M	No	No	505	504
1 Jun 21	Tully William P	Common Stock	Option exercise	Aquire M	No	No	505	4,440
1 Jun 21	Tully William P	RSU Common Stock	Option exercise	Dispose M	No	No	505	504
1 Jun 21	Leonard Thomas C	Common Stock	Option exercise	Aquire M	No	No	505	10,934
1 Jun 21	Leonard Thomas C	RSU Common Stock	Option exercise	Dispose M	No	No	505	504
1 Jun 21	Painter Jonathan W	Common Stock	Option exercise	Aquire M	No	No	505	22,302
1 Jun 21	Painter Jonathan W	RSU Common Stock	Option exercise	Dispose M	No	No	505	504
1 Jun 21	Albertine John M	Common Stock	Option exercise	Aquire M	No	No	505	8,538
1 Jun 21	Albertine John M	RSU Common Stock	Option exercise	Dispose M	No	No	505	504

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

KAI institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

93.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	150	142	+5.6%
Opened positions	23	19	+21.1%
Closed positions	15	16	-6.3%
Increased positions	47	52	-9.6%
Reduced positions	52	43	+20.9%

13F shares	Current	Prev Q	Change
Total value	2.29B	1.53B	+49.3%
Total shares	10.8M	10.89M	-0.8%
Total puts	10K	2.1K	+376.2%
Total calls	0	0
Total put/call ratio	Infinity	Infinity	NaN%

Largest owners	Shares	Value	Change
Wasatch Advisors	1.57M	$290.43M	-7.3%
BLK Blackrock	865.5K	$160.13M	+1.9%
ATAC Neuberger Berman	779.01K	$144.12M	+8.7%
Vanguard	591.2K	$109.38M	+2.2%
Royce & Associates	525.44K	$97.21M	-2.5%
Brown Brothers Harriman & Co	515.53K	$95.38M	-27.3%
WFC Wells Fargo & Co.	459.32K	$84.98M	+2.8%
Dimensional Fund Advisors	453.15K	$83.83M	-7.2%
MCQEF Macquarie	435.57K	$80.59M	-18.8%
Chevy Chase Trust	422.65K	$78.2M	+120.2%

Largest transactions	Shares	Bought/sold	Change
Capital International Investors	255.73K	+255.73K	NEW
Chevy Chase Trust	422.65K	+230.72K	+120.2%
Brown Brothers Harriman & Co	515.53K	-193.68K	-27.3%
Wasatch Advisors	1.57M	-124.29K	-7.3%
MCQEF Macquarie	435.57K	-100.59K	-18.8%
ATAC Neuberger Berman	779.01K	+62.66K	+8.7%
RMB Capital Management	0	-53.92K	EXIT
NTRS Northern Trust	192.62K	-49.15K	-20.3%
CWM	698	-47.51K	-98.6%
IVZ Invesco	24.31K	-35.91K	-59.6%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

When we use the terms “we,” “us,” “our,” and the “Company,” we mean Kadant Inc., a Delaware corporation, and its consolidated subsidiaries, taken as a whole, unless the context otherwise indicates.
This Quarterly Report on Form 10-Q and the documents we incorporate by reference in this report include forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act), and Section 27A of the Securities Act of 1933, as amended. These forward-looking statements are not statements of historical fact and may include statements regarding possible or assumed future results of operations. Forward-looking statements are subject to risks and uncertainties and are based on the beliefs and assumptions of our management, using information currently available to our management. When we use words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "seeks," "should," "likely," "will," "would," "may," "continue," "could," or similar expressions, we are making forward-looking statements.
Forward-looking statements are not guarantees of performance. They involve risks, uncertainties, and assumptions. Our future results of operations may differ materially from those expressed in the forward-looking statements. Many of the important factors that will determine these results and values are beyond our ability to control or predict. You should not put undue reliance on any forward-looking statements. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. For a discussion of important factors that may cause our actual results to differ materially from those suggested by the forward-looking statements, you should read carefully Risk Factors included in Part I, Item 1A, of our Annual Report on Form 10-K for the fiscal year ended January 2, 2021, as filed with the Securities and Exchange Commission (SEC) and as may be further amended and/or restated in subsequent filings with the SEC.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: commodity, Conversely, curtailed, depressed, essentially, February, greater, knowledge, long, overview, relaxation, strength, transition, trend, vaccine

Removed: Account, accrued, aging, America, amid, ASC, baler, bear, borrow, capitalization, case, chain, charged, clarification, climate, closely, Codification, collected, collection, combining, committee, conduct, conform, consideration, consisted, continuously, decision, Department, detail, determining, discretionary, disrupted, disruption, distancing, diversification, emergency, entitled, estate, evaluate, evolve, exceeded, excise, excluded, expired, extent, factor, favorable, fee, freeze, Furnished, governmental, Group, grow, heightened, herewith, history, impaired, infrastructure, initially, intellectual, invoiced, July, leading, led, line, LLC, longer, lowered, lump, macroeconomic, maker, mandated, manifested, minimize, modified, monitor, monitoring, multiple, national, occurred, organically, organization, Papermaking, paying, pension, periodic, policy, potential, previously, protecting, pulp, qualified, quantitative, realigned, recast, recoverability, reduce, reducing, reinvested, relevant, remitted, remotely, repayable, retirement, retrospective, return, safety, sequential, serving, shipment, shipping, significantly, slowdown, SMH, social, stable, strategic, sum, supply, sustained, Syntron, treat, unit, volatility, work, workforce

From filing 10-Q 2021 Q1