Summary
Ethic Inc. Purchases 215 Shares of Kadant Inc $KAI
Ethic Inc. raised its position in Kadant Inc (NYSE: KAI) by 28.3% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 976 shares of the industrial products company's stock after buying an additional 215 shares during the period. Ethic Inc.'s holdings in Kadant were worth
Kadant (KAI) Beats Q3 Earnings and Revenue Estimates
Kadant (KAI) came out with quarterly earnings of $2.59 per share, beating the Zacks Consensus Estimate of $2.18 per share. This compares to earnings of $2.84 per share a year ago.
Kadant Acquires Clyde Industries & Boosts Product Portfolio
KAI expands its industrial processing reach with the $175M acquisition of Clyde Industries, adding global scale and a strong product portfolio.
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Kadant Inc. Profile
| Machinery Industry | Industrials Sector | Jeffrey L. Powell CEO | NYSE Exchange | 48282T104 CUSIP |
| US Country | 3,500 Employees | 8 Jan 2026 Last Dividend | 12 Jul 2001 Last Split | 3 Nov 1992 IPO Date |
Overview
Kadant Inc. is a prominent provider of technologies and engineered systems with a global reach, operating across diverse markets through its three main segments: Flow Control, Industrial Processing, and Material Handling. Initially known as Thermo Fibertek, Inc., the company underwent a rebranding to Kadant Inc. in July 2001, symbolizing its broadened focus and international expansion. Since its incorporation in 1991, Kadant has been committed to innovation, sustainability, and delivering high-quality solutions to its clients. With its headquarters located in Westford, Massachusetts, the company prides itself on its direct sales approach while also leveraging independent sales agents and distributors to market and sell its comprehensive portfolio of products, services, and systems efficiently.
Products and Services
- Flow Control
The Flow Control segment is pivotal in developing, manufacturing, and marketing an array of fluid-handling systems and equipment. This includes rotary joints, syphons, turbulator bars, and expansion joints, along with engineered steam and condensate systems. Additionally, it encompasses doctoring, cleaning, and filtration systems and their related consumables like doctor systems and holders, doctor blades, as well as cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems. These solutions cater to a wide range of industries by enhancing efficiency and reliability in fluid handling and processing.
- Industrial Processing
Kadant’s Industrial Processing segment focuses on delivering innovative solutions geared towards the packaging, tissue, wood products, and alternative fuel industries. Products include ring and rotary debarkers, stranders, chippers, and engineered knife systems, along with industrial automation and control systems. The segment also specializes in recycling and approach flow systems, and virgin pulping process equipment, highlighting Kadant’s commitment to sustainable industrial processes and efficiency.
- Material Handling
The Material Handling segment offers a comprehensive range of conveying and vibratory equipment, baling products, and biodegradable absorbent granules. These products find their applications in various sectors, including agricultural, home lawn and garden, professional lawn, turf and ornamental applications, as well as for oil and grease absorption. Kadant’s solutions in material handling are designed to enhance productivity, sustainability, and safety across multiple industries.
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