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ProShare Advisors LLC decreased its position in shares of Kadant Inc. (NYSE:KAI – Free Report) by 10.3% during the first quarter, Holdings Channel reports. The institutional investor owned 43,842 shares of the industrial products company’s stock after selling 5,032 shares during the period. ProShare Advisors LLC’s holdings in Kadant were worth $9,142,000 at the end […]
Kadant Inc. (NYSE:KAI – Get Free Report) VP Dara F. Mitchell sold 1,307 shares of the stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $219.73, for a total transaction of $287,187.11. Following the sale, the vice president now directly owns 508 shares in the […]
Eagle Asset Management Inc. increased its holdings in Kadant Inc. (NYSE:KAI – Free Report) by 0.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,774 shares of the industrial products company’s stock after purchasing an additional 316 shares during the quarter. […]
Kadant Inc. (NYSE:KAI – Free Report) – Research analysts at William Blair cut their Q4 2023 EPS estimates for shares of Kadant in a research report issued to clients and investors on Wednesday, August 2nd. William Blair analyst L. De. Maria now forecasts that the industrial products company will post earnings per share of $2.11 […]
Kadant (NYSE:KAI – Get Free Report) issued an update on its FY 2023 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $9.15-$9.35 for the period, compared to the consensus earnings per share estimate of $9.12. The company issued revenue guidance of $925.00 million-$940.00 million, compared to the consensus revenue estimate […]