Sheets Smith Wealth Management increased its stake in Kadant Inc. (NYSE:KAI – Free Report) by 4.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,769 shares of the industrial products company’s stock after buying an additional 80 shares during the quarter. Sheets Smith Wealth Management’s holdings in Kadant were worth $496,000 at the end […]
Sheets Smith Wealth Management increased its stake in shares of Kadant Inc. (NYSE:KAI – Free Report) by 4.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,769 shares of the industrial products company’s stock after acquiring an additional 80 […]
Vestmark Advisory Solutions Inc. purchased a new position in Kadant Inc. (NYSE:KAI – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 9,638 shares of the industrial products company’s stock, valued at approximately $2,702,000. Vestmark Advisory Solutions Inc. owned approximately 0.08% of Kadant as […]
Kadant (NYSE:KAI – Get Free Report) posted its earnings results on Tuesday. The industrial products company reported $2.38 earnings per share for the quarter, topping the consensus estimate of $1.96 by $0.42, Briefing.com reports. The business had revenue of $248.98 million for the quarter, compared to analyst estimates of $245.56 million. Kadant had a net […]
Kadant (NYSE:KAI – Get Free Report) posted its quarterly earnings results on Tuesday. The industrial products company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.42, Briefing.com reports. Kadant had a return on equity of 16.20% and a net margin of 12.12%. The business had revenue of $248.98 million during […]