Company Kadant Inc.

Equities

KAI

US48282T1043

Industrial Machinery & Equipment

Market Closed - Nyse 04:00:02 2024-03-18 pm EDT 5-day change 1st Jan Change
316.2 USD -0.50% Intraday chart for Kadant Inc. -2.03% +12.81%

Business Summary

Kadant Inc. is a global supplier of technologies and engineered systems. The Company operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment includes custom-engineered products, systems, and technologies that control the flow of fluids used in industrial and commercial applications. Its primary products include rotary sealing devices, steam systems, expansion joints, doctor systems, roll and fabric cleaning devices, and filtration and fiber recovery systems. The Industrial Processing segment includes equipment, machinery, and technologies used to recycle paper and paperboard and process timber for use in the packaging, tissue, wood products and alternative fuel industries, among others. The Material Handling segment includes products and engineered systems used to handle bulk and discrete materials for secondary processing or transport in the aggregates, mining, food, and waste management industries, among others.

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 14,634,786 11,584,152 ( 79.15 %) 2,915,978 ( 19.92 %) 79.15 %

Shareholders

NameEquities%Valuation
Kayne Anderson Rudnick Investment Management LLC
11.34 %
1,328,960 11.34 % 448 M $
Wasatch Advisors, Inc.
9.083 %
1,064,414 9.083 % 359 M $
LB Hercules Holdings LLC
7.779 %
911,582 7.779 % 307 M $
BlackRock Advisors LLC
7.090 %
830,905 7.090 % 280 M $
Vanguard Fiduciary Trust Co.
5.643 %
661,286 5.643 % 223 M $
Capital Research & Management Co. (International Investors)
5.225 %
612,359 5.225 % 207 M $
Chevy Chase Trust Holdings LLC
4.569 %
535,408 4.569 % 181 M $
Macquarie Investment Management Business Trust
3.401 %
398,604 3.401 % 134 M $
Royce & Associates LP
2.938 %
344,299 2.938 % 116 M $
Dimensional Fund Advisors LP
2.795 %
327,594 2.795 % 110 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
4
Last Close Price
316.2 USD
Average target price
343.3 USD
Spread / Average Target
+8.58%
Consensus