Page 4 - Industrial Processing News Today

WESTFORD, Mass., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) has entered into a definitive agreement to acquire Key Knife, Inc. and certain of its affiliates ("Key Knife") for approximately $156 million in

StockNews.com upgraded shares of Kadant (NYSE:KAI – Free Report) from a hold rating to a buy rating in a research note published on Monday morning. Kadant Price Performance Shares of KAI opened at $284.25 on Monday. The business’s 50-day moving average is $256.70 and its two-hundred day moving average is $231.76. The company has a […]

KAI | Complete Kadant Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

Operator: Good day and thank you for standing by. Welcome to the Kadant Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Fiber Cement Market to Surpass USD 25.55 Billion by 2030 on Account of Urbanization and Infrastructure Development

StockNews.com assumed coverage on shares of Kadant (NYSE:KAI – Free Report) in a research report released on Thursday morning. The firm issued a buy rating on the industrial products company’s stock. A number of other equities analysts also recently commented on KAI. Barrington Research restated an outperform rating and set a $243.00 target price on […]

ProShare Advisors LLC lessened its holdings in shares of Kadant Inc. (NYSE:KAI – Free Report) by 10.3% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 43,842 shares of the industrial products company’s stock after selling 5,032 shares during the period. ProShare Advisors LLC owned 0.37% of Kadant […]

Wasatch Advisors LP cut its stake in Kadant Inc. (NYSE:KAI – Free Report) by 5.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,451,837 shares of the industrial products company’s stock after selling 84,598 shares during the period. Kadant accounts […]

Wasatch Advisors LP reduced its position in shares of Kadant Inc. (NYSE:KAI – Free Report) by 5.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,451,837 shares of the industrial products company’s stock after selling 84,598 shares during the quarter. Kadant comprises about […]

Kadant Inc. (NYSE:KAI – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 553,800 shares, a growth of 7.2% from the July 31st total of 516,600 shares. Based on an average trading volume of 51,500 shares, the […]