Company Kadant Inc.

Equities

KAI

US48282T1043

Industrial Machinery & Equipment

Real-time Estimate Cboe BZX 11:28:08 2024-06-07 am EDT 5-day change 1st Jan Change
275.1 USD -1.61% Intraday chart for Kadant Inc. -3.41% -1.44%

Business Summary

Kadant Inc. is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing. Its segments include Flow Control, Industrial Processing, and Material Handling. Flow Control segment includes rotary sealing devices, steam systems, expansion joints, doctor systems, roll and fabric cleaning devices, and filtration and fiber recovery systems. Industrial Processing segment includes equipment, machinery, and technologies used to process recycled paper and timber for the packaging, tissue, wood products and alternative fuel industries, among others. It provides industrial automation and digitization solutions to process industries. Material Handling segment products include conveying and vibratory equipment and balers. It manufactures and sells biodegradable, absorbent granules used as carriers in agricultural applications and for oil and grease absorption. It also offers engineered fluid sealing and transfer solutions for rotating applications.

Number of employees: 3,100

Sales per Business

USD in Million2022Weight2023Weight Delta
Flow Control
38.0 %
349 38.6 % 363 38.0 % +4.11%
Industrial Processing
37.0 %
354 39.1 % 355 37.0 % +0.28%
Material Handling
25.0 %
202 22.3 % 240 25.0 % +18.61%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
46.8 %
405 44.7 % 449 46.8 % +10.81%
Europe
21.1 %
188 20.8 % 202 21.1 % +7.63%
China
8.5 %
86 9.5 % 81 8.5 % -4.73%
Canada
7.6 %
88 9.7 % 73 7.6 % -16.79%
Rest of World
6.3 %
48 5.3 % 60 6.3 % +25.42%
Germany
4.5 %
46 5.1 % 43 4.5 % -6.43%
Asia
3.3 %
28 3.1 % 32 3.3 % +12.74%
North America
1.8 %
16 1.8 % 17 1.8 % +4.73%

Managers

Managers TitleAgeSince
Chief Executive Officer 65 07-12-31
Chairman 65 96-12-31
Director of Finance/CFO 62 96-12-31
Public Communications Contact - 90-12-31
Comptroller/Controller/Auditor - -
Corporate Officer/Principal 60 21-10-31
Corporate Officer/Principal 65 21-10-31
Corporate Officer/Principal - 19-04-30
Treasurer - 18-09-30
Comptroller/Controller/Auditor - 03-09-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 05-05-31
Director/Board Member 79 01-05-31
Chairman 65 96-12-31
Director/Board Member 50 18-12-31
Chief Executive Officer 65 07-12-31
Director/Board Member 58 22-04-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 14,624,159 11,614,546 ( 79.42 %) 2,881,213 ( 19.70 %) 79.42 %

Shareholders

NameEquities%Valuation
Kayne Anderson Rudnick Investment Management LLC
11.38 %
1,333,925 11.38 % 373 M $
Vanguard Fiduciary Trust Co.
8.257 %
967,638 8.257 % 271 M $
Wasatch Advisors LP
8.216 %
962,799 8.216 % 269 M $
LB Hercules Holdings LLC
7.530 %
882,456 7.530 % 247 M $
BlackRock Advisors LLC
7.027 %
823,538 7.027 % 230 M $
Capital Research & Management Co. (International Investors)
5.222 %
612,009 5.222 % 171 M $
Chevy Chase Trust Holdings LLC
4.259 %
499,080 4.259 % 140 M $
Macquarie Investment Management Business Trust
2.734 %
320,446 2.734 % 90 M $
Dimensional Fund Advisors LP
2.634 %
308,666 2.634 % 86 M $
Capital Research & Management Co. (World Investors)
2.419 %
283,429 2.419 % 79 M $

Company contact information

Kadant Inc.

1 Technology Park Drive

01886-3159, Westford

+978 776 2000

http://www.kadant.com
address Kadant Inc.(KAI)

Group companies

NameCategory and Sector
Industrial Machinery

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
279.6 USD
Average target price
335 USD
Spread / Average Target
+19.81%
Consensus