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Kadant (KAI) Company Profile

Updated Jun 19, 2020
Kadant has the following business profile:
Company's Full Name:Kadant Inc
Short Name:Kadant
Trading Ticker Symbol:KAI
Primary Exchange:NYSE
Headquarter City/Country:Massachusetts, MA
Primary Industry Sector:Technology
Seconday Sub-sector:Specialty Industrial Machinery
Main Business Areas: Technology, Industrial Machinery and Components, Industrials, Diversified Industrials
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Kadant stock

Market and Trading Information for Kadant

The following details were available for trading and market data about the stock of Kadant as of writing:
Current Share Price:$98.22
Previous Year's Closing Price:$105.34
Percentage Price Change (YTD):-6.76%
Market Cap:$1.13 billion
52-week Price Range:$52.71 - $114.05
Dividend Per Share:$1.16
EPS (TTM):4.67
Price-Earnings (Trailing):21.04
Price-Earnings (Forward):20.25

Company Profile and Business Description for Kadant

Kadant Inc., incorporated on November 12, 1991, is a supplier of equipment and components used in process industries. In addition, the Company manufactures granules made from papermaking by-products. Its segments include Papermaking Systems and Wood Processing Systems. The Company has a customer base, which includes paper and oriented strand board (OSB) manufacturers.

Papermaking Systems Segment

Papermaking Systems segment is engaged in developing, manufacturing, and marketing equipment for the global papermaking and paper recycling industries. Its customer base includes global paper manufacturers. As of December 31, 2016, the Company manufactured its products in 10 countries in Europe, North and South America, and Asia. Its Papermaking Systems segment consists of product lines, including Stock-Preparation; Doctoring, Cleaning, & Filtration, and Fluid-Handling. It develops, manufactures, and markets complete custom-engineered systems and equipment, as well as standard individual components, for baling, pulping, de-inking, screening, cleaning, and refining primarily recycled fiber for preparation for entry into the paper machine, and recausticizing and evaporation equipment and systems used in the production of virgin pulp. Its stock-preparation products include Recycling and approach flow systems, Virgin pulping process equipment, and Balers and related equipment.

Recycling and approach flow systems include pulping, screening, cleaning, and de-inking systems that blend pulp mixtures and remove contaminants, such as ink, glue, metals, and other impurities, to prepare them for entry into the paper machine during the production of recycled paper. Virgin pulping process equipment includes pulp washing, evaporator, recausticizing, and condensate treatment systems used to remove lignin, concentrate and recycle process chemicals, and remove condensate gases. Balers and related equipment includes horizontal channel balers, vertical balers, conveyors, compactors, and bale wrapping machines used in the processing of recyclable and waste materials. The Company develops, manufactures, and markets a range of doctoring, cleaning, and filtration systems and related consumables that continuously clean rolls; doctor blades made of a range of materials to perform functions, including cleaning, creping, Web removal, flaking, and the application of coatings; profiling systems that control moisture, Web curl, and gloss during paper converting; and systems and equipment used to continuously clean paper machine fabrics and rolls, drain water from pulp mixtures, form the sheet or Web, and filter the process water for reuse. Its doctoring, cleaning, and filtration products include Doctor systems and holders, Profiling systems, Doctor blades, Shower and fabric-conditioning systems, Formation systems and Water-filtration systems.

The Company develops, manufactures and markets rotary joints, precision unions, steam and condensate systems, components, and controls used primarily in the dryer section of the papermaking process and during the production of corrugated packaging, metals, plastics, rubber, textiles, chemicals, and food. Its fluid-handling systems include Rotary joints, Syphons, Turbulator bars and Engineered steam and condensate systems.

Wood Processing Systems Segment

The Company, through Wood Processing Systems Segment, develops, manufactures and markets stranders and related equipment used in the production of OSB. It also supplies debarking and wood chipping equipment used in the forest products and the pulp and paper industries. Its wood-processing products and services include Stranders, Rotary Debarkers, Chippers and Repair. Its disc and ring stranders cut batch-fed logs into strands for OSB production and are used to manage strands in real time using its conveying and feeding equipment. Its rotary debarkers employ a combination of mechanical abrasion and log-to-log contact to remove bark from logs of all shapes and species. Its disc, drum, and veneer chippers are chipper systems for waste-wood and whole-log applications found in pulp woodrooms, chip plants, sawmill, and planer mill sites. Its Refurbishment and repair of pulping equipment is used in the pulp and paper industry. The Company produces and sells biodegradable, absorbent granules derived from papermaking by-products for use primarily as carriers for agricultural, home lawn and garden, and professional lawn, turf and ornamental applications, as well as for oil and grease absorption.

1 Technology Park Dr

ETFs Holding Kadant Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Kadant stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Kadant stock holding. There are a total of 40 ETFs in Fknol.com records which are holding Kadant stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
FIDUFidelity MSCI Industrials Index ETFThe Fidelity MSCI Industrials Index ETF tracks a market-cap-weighted index of stocks in the broad US industrials sector. ...Full Details0.08%343
Full List
Quarterly
ITOTiShares Core S&P Total US Stock Market ETFThe iShares Core S&P Total U.S. Stock Market ETF tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ...Full Details0.03%3090
Full List
Quarterly
IWViShares Russell 3000 ETFThe iShares Russell 3000 ETF tracks a cap-weighted index that measures the investable US equities market, covering the entire market-cap spectrum, including micro-caps. ...Full Details0.2%3002
Full List
Quarterly
SCHBSchwab US Broad Market ETFThe Schwab U.S. Broad Market ETF tracks a cap-weighted index of the largest 2,500 stocks in the US. ...Full Details0.03%2365
Full List
Quarterly
VISVanguard Industrial ETFThe Vanguard Industrials ETF tracks a broad, market-cap-weighted index of US industrial stocks. ...Full Details0.1%350
Full List
Quarterly
VTHRVanguard Russell 3000 ETFThe Vanguard Russell 3000 ETF tracks a cap-weighted index that measures the investable US equities market, covering the entire market-cap spectrum including micro-caps. ...Full Details0.15%1581
Full List
Quarterly
VTIVanguard Total Stock Market ETFThe Vanguard Total Stock Market ETF tracks a cap-weighted index that measures the investable US equities market, encompassing the entire market-cap spectrum. ...Full Details ...Candlestick Patterns.0.04%1515
Full List
Quarterly
CSAVictoryShares US Small Cap Volatility Weighted ETFThe VictoryShares US Small Cap Volatility Wtd Index ETF tracks an index composed of 500 of the largest companies domiciled in the US that are no larger than 3 billion in market capitalization. These stocks are then weighted by inverse volatility. ...Full Details0.35%379
Full List
Monthly
CSFVictoryShares US Discovery Enhanced Volatility Weighted ETFThe VictoryShares US Discovery Enhanced Volatility Weighted Index ETF tracks an index of 500 US small-cap stocks, screened for positive earnings and weighted by volatility. The fund can hold up to 75% cash in market downturns. ...Full Details0.35%379
Full List
Monthly
EESWisdomTree US SmallCap Earnings ETFThe WisdomTree U.S. SmallCap Earnings Fund tracks an index of US small-cap stocks weighted by firms' earnings from core operations. The index is a small-cap subset of the WisdomTree Earnings Index. ...Full Details0.38%815
Full List
Quarterly

See Full List of ETFs holding Kadant stock in their respective portfolios.

Peer / Competitor Companies of Specialty Industrial Machinery Sector

Along with Kadant Inc, the following other peer (competitor) companies also exist within the same Specialty Industrial Machinery - Technology sector whose company profile and dividend history is as follows:

▶ Curtiss-Wright (CW): Curtiss-Wright Corporation, incorporated on August 9, 1929, is a manufacturing and service company that designs, manufactures, and overhauls precision components and provides engineered products and services to the aerospace, defense, ....See Detailed Company Profile,  Dividend History

▶ Dover (DOV): Dover Corporation, incorporated on April 22, 1947, is a diversified global manufacturer, delivering equipment and components, specialty systems, consumable supplies, software and digital solutions and support services. The Company operates ....See Detailed Company Profile,  Dividend History

▶ Eaton (ETN): Eaton Corporation plc (Eaton), incorporated on May 10, 2012, is a power management company. The Company provides solutions that help its customers manage electrical, hydraulic and mechanical power. Its segments ....See Detailed Company Profile,  Dividend History

▶ Graham (GHM): Graham Corporation, incorporated on March 7, 1983, designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries. The Company designs and manufactures custom-engineered ejectors, vacuum pumping systems, ....See Detailed Company Profile,  Dividend History

▶ Howmet Aerospace (HWM): Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries. It offers jet engine components, aerospace fastening systems, and titanium structural parts for mission-critical performance and efficiency in aerospace and defense applications, as well as forged wheels for commercial transportation. ....See Detailed Company Profile,  Dividend History

▶ Illinois Tool Works (ITW): Illinois Tool Works Inc., incorporated on June 19, 1961, is a manufacturer of a range of industrial products and equipment. The Company operates through seven segments: Automotive OEM; Food Equipment; ....See Detailed Company Profile,  Dividend History

▶ John Bean (JBT): John Bean Technologies Corporation designs, manufactures, tests, installs, and services products and systems for the food and beverage, and air transportation industries. The company operates through ....See Detailed Company Profile,  Dividend History

▶ Otis Worldwide (OTIS): Otis Worldwide Corporation manufactures, installs, and services elevators and escalators worldwide. The company operates through two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and....See Detailed Company Profile,  Dividend History

▶ Parsons (PSN): Parsons Corporation provides technology based solutions in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally. It operates in two segments, Federal Solutions and Critical Infrastructure. The company offers cybersecurity software and engineering services, hardware prototyping, and other technical services to the U.S. Army and the United ....See Detailed Company Profile,  Dividend History

▶ Pentair (PNR): Pentair plc, incorporated on November 28, 2013, is a diversified industrial manufacturing company. The Companys segments include Water, Electrical and Other. The Water segment consists of the Companys Water Quality ....See Detailed Company Profile,  Dividend History

▶ Rexnord (RXN): Rexnord Corporation, incorporated on July 13, 2006, is a multi-platform industrial company. The Company operates through two segments: Process & Motion Control platform, and Water Management platform. The Process & ....See Detailed Company Profile,  Dividend History

▶ SPX (SPXC): SPX Corporation, incorporated on February 9, 1968, is a global supplier of infrastructure equipment. The Company operates through three segments: HVAC; Detection and Measurement, and Engineered Solutions. The HVAC solutions ....See Detailed Company Profile,  Dividend History

▶ SPX FLOW (FLOW): SPX FLOW, Inc. provides various engineered solutions worldwide. It operates in three segments: Food and Beverage, Power and Energy, and Industrial. The Food and Beverage segment offers mixing, drying,....See Detailed Company Profile,  Dividend History

▶ Standex International (SXI): Standex International Corporation, incorporated on May 22, 1975, is a diversified manufacturing company. The Company is a manufacturer of a range of products and services for diverse commercial and industrial ....See Detailed Company Profile,  Dividend History

▶ Tennant (TNC): Tennant Company, incorporated on January 8, 1909, is engaged in designing, manufacturing and marketing of cleaning solutions. The Companys segments are Americas; Europe, Middle East, Africa, and Asia Pacific. The ....See Detailed Company Profile,  Dividend History

▶ The Middleby (MIDD): The Middleby Corporation (Middleby), incorporated on March 12, 1985, is engaged in the design, manufacture and sale of commercial foodservice, food processing equipment and residential kitchen equipment. The Company operates ....See Detailed Company Profile,  Dividend History

▶ Trane Technologies (TT): Trane Technologies Public Limited Company manufactures industrial equipment. The Company offers central heaters, air conditioners, electric vehicles, air cleaners, and fluid handling products. Trane Technologies serves customers worldwide.....See Detailed Company Profile,  Dividend History

▶ Twin Disc (TWIN): Twin Disc, Incorporated, incorporated on September 12, 1918, designs, manufactures and sells marine and heavy duty off-highway power transmission equipment. The Company operates through two segments: manufacturing and distribution. The ....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Specialty Industrial Machinery Sector.

Stock List of Other Technology Sub-sectors

▶ Stocks of Advertising Sector

▶ Stocks of Aerospace & Defense Sector

▶ Stocks of Application Software Sector

▶ Stocks of Auto Parts Sector

▶ Stocks of Business Services Sector

▶ Stocks of Communication Equipment Sector

▶ Stocks of Computer Communications Equipment Sector

▶ Stocks of Computer Hardware Sector

▶ Stocks of Computer Manufacturing Sector

▶ Stocks of Computer Peripheral Equipment Sector

▶ Stocks of Computer Software-Prepackaged Software Sector

▶ Stocks of Computer Software-Programming and Data Processing Sector

▶ Stocks of Consumer Electronics Sector

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▶ Stocks of Diversified Commercial Services Sector

▶ Stocks of EDP Services Sector

▶ Stocks of Education & Training Services Sector

▶ Stocks of Electrical Products Sector

▶ Stocks of Electronic Components Sector

▶ Stocks of Electronic Gaming & Multimedia Sector

▶ Stocks of Entertainment Sector

▶ Stocks of Health Information Services Sector

▶ Stocks of Industrial Machinery and Components Sector

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▶ Stocks of Infrastructure Software Sector

▶ Stocks of Internet Content & Information Sector

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▶ Stocks of Radio TV Broadcasting Sector

▶ Stocks of Retail Computer Software and Equipment Sector

▶ Stocks of Scientific & Technical Instruments Sector

▶ Stocks of Security & Protection Services Sector

▶ Stocks of Semiconductor Equipment & Materials Sector

▶ Stocks of Semiconductors Sector

▶ Stocks of Software Sector

▶ Stocks of Solar Sector

▶ Stocks of Specialty Industrial Machinery Sector

▶ Stocks of Staffing & Employment Services Sector

▶ Stocks of Technology Sector

▶ Stocks of Technology Services Sector

▶ Stocks of Telecommunications Equipment Sector


Stock List of Other Top-level Sectors

▶ Stocks of Sector

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Discretionary Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

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▶ Stocks of Miscellaneous Sector

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▶ Stocks of Real Estate Sector

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▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector