Kadant (NYSE:KAI) Share Price Crosses Above 50-Day Moving Average – What’s Next?

03 Nov 2026, 11:01 by Michael Walen · The Markets Daily

Kadant Inc (NYSE:KAI – Get Free Report)’s stock price passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $274.89 and traded as high as $286.76. Kadant shares last traded at $283.7620, with a volume of 211,904 shares changing hands.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Weiss Ratings lowered Kadant from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 23rd. Wall Street Zen upgraded Kadant from a “hold” rating to a “buy” rating in a report on Saturday, September 12th. Finally, DA Davidson boosted their price objective on Kadant from $306.00 to $335.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $357.50.

View Our Latest Research Report on Kadant

Kadant Stock Performance

The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 30.51 and a beta of 1.21. The stock has a 50-day moving average of $274.89 and a 200-day moving average of $306.56. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.63 and a current ratio of 2.59.

Kadant (NYSE:KAI – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $3.42 earnings per share for the quarter, topping analysts’ consensus estimates of $2.94 by $0.48. The firm had revenue of $312.88 million during the quarter, compared to the consensus estimate of $299.17 million. Kadant had a return on equity of 13.16% and a net margin of 9.52%. The business’s revenue was up 22.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.31 EPS. As a group, analysts anticipate that Kadant Inc will post 12.56 EPS for the current fiscal year.

Kadant Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 12th. Stockholders of record on Thursday, October 15th will be issued a $0.36 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.5%. Kadant’s dividend payout ratio (DPR) is 15.48%.

Institutional Trading of Kadant

A number of institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new position in Kadant in the second quarter valued at $565,205,000. Grandeur Peak Global Advisors LLC increased its stake in Kadant by 85.8% in the 2nd quarter. Grandeur Peak Global Advisors LLC now owns 211,036 shares of the industrial products company’s stock valued at $66,314,000 after buying an additional 97,433 shares during the last quarter. Bank of America Corp DE lifted its position in Kadant by 21.6% during the 1st quarter. Bank of America Corp DE now owns 118,248 shares of the industrial products company’s stock worth $34,570,000 after buying an additional 21,038 shares in the last quarter. Legal & General Group Plc bought a new stake in Kadant during the 2nd quarter worth about $28,773,000. Finally, Bank of New York Mellon Corp bought a new stake in Kadant during the 2nd quarter worth about $25,923,000. Institutional investors own 96.13% of the company’s stock.

About Kadant

(Get Free Report)

Kadant Inc (NYSE: KAI) is a global supplier of technologies and equipment used in the pulp and paper, recycling, and industrial processing industries. The company designs and manufactures products that help customers process fiber, manage fluids, improve production efficiency, and handle industrial materials.