Kadant stock fell 2.16 percent. Directors received 128 shares
Published on 10/08/2026 at 03:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Kadant stock (ISIN US48282T1043) fell 2.16 percent to USD 257.97 on the NYSE on October 7, 2026, while director filings showed 128 shares delivered after restricted stock unit vesting. The filings add a fresh governance detail to a stock whose latest operating figures still show double-digit growth.
Directors receive 128 shares
According to StockTitan on October 5, 2026, director Thomas C. Leonard received 128 common shares when 128 restricted stock units partially vested on October 3. His direct holdings totaled 4,898 shares after the transaction.
StockTitan reported the same 128-share vesting for director Erin L. Russell, whose direct holdings reached 3,582 common shares. The remaining units vest at the end of fiscal 2026, subject to continued board service.
Revenue rises while margin narrows
Kadant reported second-quarter 2026 revenue of USD 313 million for the period ended July 4, up 23 percent from the prior-year quarter, according to Makkler. GAAP earnings per share rose 24 percent to USD 2.75, while adjusted EPS increased 26 percent to USD 3.42.
The same quarterly release showed gross margin at 43.8 percent, down 210 basis points year over year. That combination gives investors two different signals: acquisition and aftermarket demand lifted revenue, while product mix and integration effects weighed on profitability.
Consensus target remains above price
MarketBeat lists a four-analyst consensus rating of Hold, with one Buy and three Hold ratings. The average target is USD 357.50, with a USD 335.00 low and USD 380.00 high, putting the average target 38.6 percent above the October 7 price.
The valuation contrast is material. Kadant stock stood below its USD 354.07 52-week high and above its USD 244.87 low on the same quote page, leaving the latest price 27.1 percent below the high and 5.3 percent above the low.
Dividend dates set the next checkpoint
Kadant's September 10, 2026 release said the company approved a USD 0.36 quarterly dividend, payable November 12 to holders of record on October 15, according to Kadant. The payment date and record date give the market a concrete corporate checkpoint after the October 3 director vesting.
Stock trades below yearly high
Kadant stock was last at USD 257.97 on October 7, 2026, at 3:58 p.m. ET on the NYSE, with volume of 136,644 shares. The combination of a 2.16 percent daily decline, 23 percent quarterly revenue growth and a 38.6 percent consensus-target premium frames the current debate around execution, margins and valuation.
Kadant stock key figures
- Company: Kadant Inc.
- ISIN: US48282T1043
- Ticker: KAI
- Trading venue: NYSE
- Price (as of October 7, 2026, 3:58 p.m. ET): USD 257.97
- Market capitalization: USD 3.1 billion (as of October 7, 2026)
- 52-week range: USD 244.87-354.07 (as of October 7, 2026)
- Sector / Industry: Industrials / Industrial Machinery
Upcoming dates for Kadant stock
- October 15, 2026: Dividend record date
- November 12, 2026: Quarterly dividend payment
