Kadant Inc. (KAI:NYSE) closed at $262.39 on October 23, 2026, down 1.91% on the day. The stock trades 25.9% below its 52-week high of $354.07 and 7.2% above its 52-week low of $244.87. Over the past year, it lost 9.8%. Kadant Inc. is part of the Technology sector (Industrial Machinery/Components).
In 252 trading sessions since October 23, 2025, KAI closed higher on 120 days (48%). Its best day was May 6, 2026 (+13.38%) and its worst was September 11, 2026 (-6.96%). The stock moved 10% or more in a single session 1 time. It opened at least 5% above the previous day's high 1 time.
Kadant Inc. supplies equipment and components used in papermaking, paper recycling, recycling and waste management, and other process industries worldwide. The company operates in two segments, Papermaking Systems and Wood Processing Systems. The Papermaking Systems segment develops, manufactures, and markets custom-engineered stock-preparation systems and equipment for the preparation of wastepaper for conversion into recycled paper and balers, and related equipment used in the processing of recyclable and waste materials; and fluid-handling systems used primarily in the dryer section of the papermaking process and during the production of corrugated boxboard, metals, plastics, rubber, textiles, chemicals, and food. It also offers doctoring systems and equipment, and related consumables to enhance the operation of paper machines; and cleaning and filtration systems for draining, purifying, and recycling process water and cleaning paper machine fabrics and rolls. The Wood Processing Systems segment develops, manufactures, and markets stranders and related equipment used in the production of oriented strand board (OSB), an engineered wood panel product used primarily in home constru...
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