MarketBeat Earnings
Oppenheimer Asset Management Inc. Buys New Holdings in Kadant Inc $KAI
Oppenheimer Asset Management Inc. has acquired a new stake of 24,958 shares in Kadant Inc. (NYSE:KAI), valued at approximately $7.84 million, increasing institutional ownership of the company to 96.13%. Kadant recently surpassed quarterly earnings expectations with an EPS of $3.42 and revenue of $312.88 million, and has reaffirmed its fiscal 2026 EPS guidance. The company also announced a …