Kadant stock sits 31.7 percent below Barrington's USD 380 target
Published on 10/15/2026 at 19:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and operating figures
- Barrington maintained a USD 380.00 target for Kadant on October 2, 2026, leaving the stock 31.74 percent below it.
- Kadant generated USD 312.88 million in second-quarter 2026 revenue, up 23.00 percent year over year.
- Kadant stock costs EUR 232.00 at Lang & Schwarz on October 15, 2026 at 7:40 p.m. CEST.
- Kadant will pay a USD 0.36 dividend on November 12, 2026.
Barrington maintained a Buy rating and a USD 380.00 price target for Kadant on October 2, 2026, according to The Globe and Mail. Against Kadant's USD 259.39 NYSE price, that target is 31.74 percent higher. Kadant stock was trading at EUR 232.00 at Lang & Schwarz on October 15, 2026 at 7:40 p.m. CEST.
Revenue growth remains substantial
Kadant's second-quarter 2026 revenue reached USD 312.88 million, an increase of 23.00 percent from USD 281.51 million in the first quarter. The standardized figures also show net income attributable to common shareholders of USD 32.47 million and diluted earnings per share of USD 2.75 for the quarter ended July 4, 2026. The company's investor-relations page reported the quarter as a record revenue period and identified bookings of USD 312.00 million.
NYSE price stays inside its range
The NYSE price was USD 259.39 at 1:41 p.m. EDT on October 15, 2026, up USD 0.67, or 0.26 percent, from the previous close. Kadant's 52-week range was USD 244.87 to USD 354.07, putting the latest price USD 14.52, or 5.93 percent, above the low. Market capitalization was USD 3.1 billion, with a P/E ratio of 27.89 and a dividend yield of 0.01 percent.
Dividend date adds a near-term marker
Kadant's board approved a quarterly dividend of USD 0.36 per share on September 10, 2026, with payment scheduled for November 12, 2026, according to Kadant. The record date was October 15, 2026. The next quarterly results date was not included in the cited investor-relations calendar.
Comparison with peers
Kadant (NYSE, USD): plus 0.26 percent, P/E 27.89, market capitalization USD 3.1 billion
SPX Technologies (NYSE, USD): minus 0.56 percent, P/E 30.07, market capitalization USD 8.4 billion
Miller Industries (NYSE, USD): minus 1.06 percent, P/E 41.41, market capitalization USD 582.6 million
Target distance and trading price
The analyst target provides the clearest valuation reference in the available figures, while the latest NYSE quote remains 5.93 percent above its 52-week low. The euro indication and the US-listed quote describe separate trading venues and currencies.
The further course of trading is shown by the continuously updated real-time quote of Kadant stock.
Kadant market facts
- Company: Kadant Inc.
- ISIN: US48282T1043
- Ticker: KAI
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 15, 2026, 7:40 p.m. CEST: EUR 232.00
- Market capitalization: USD 3.1 billion as of October 15, 2026
- 52-week range: USD 244.87-USD 354.07 as of October 15, 2026
- Sector / Industry: Industrials / Industrial Machinery
Market context: Market report S&P 500.
