Kadant Inc. recognized as one of "America's Most Responsible Companies 2025" by Newsweek for ESG performance.
Quiver AI Summary
Kadant Inc. has been recognized by Newsweek magazine as one of "America's Most Responsible Companies 2025," marking the fifth consecutive year the company has received this honor. The awards evaluate companies based on Environmental, Social, and Corporate Governance (ESG) criteria, using key performance indicators from various reports and an independent survey of public perception. Jeffrey L. Powell, Kadant's president and CEO, expressed pride in the recognition, highlighting the company's commitment to advancing Sustainable Industrial Processing® and positively impacting customers. The list showcases 600 companies across 14 industries that excel in corporate social responsibility. Kadant, based in Westford, Massachusetts, employs about 3,500 people globally.
Potential Positives
- Kadant Inc. has been recognized as one of "America's Most Responsible Companies 2025" by Newsweek, highlighting its commitment to Environmental, Social, and Corporate Governance (ESG) factors.
- This marks the fifth consecutive year Kadant has received this recognition, demonstrating strong and consistent performance in corporate responsibility.
- The award reflects the company's effective initiatives in Sustainable Industrial Processing®, which are positively impacting both the environment and its customers.
- Kadant's inclusion in a list of 600 recognized companies underscores its competitive edge and reputation in the industry as a leader in responsible practices.
Potential Negatives
- The press release emphasizes the company's recognition as one of "America's Most Responsible Companies," which could imply that it is facing scrutiny regarding its actual ESG performance and necessitating such accolades for reputational assurance.
- The inclusion of a "Safe Harbor Statement" suggests that the company is making forward-looking statements that could pose risks, indicating underlying uncertainties in its operations, products, or market conditions.
- The reliance on external recognition (such as by Newsweek) may divert attention from internal challenges or shortcomings in the company's sustainability and corporate governance efforts.
FAQ
What recognition did Kadant Inc. receive in 2025?
Kadant Inc. was named one of "America's Most Responsible Companies 2025" by Newsweek magazine.
How many years has Kadant been recognized for corporate responsibility?
This is the fifth consecutive year Kadant has received this recognition for corporate responsibility.
What criteria were used to select Kadant for this award?
Kadant was selected based on environmental, social, and corporate governance performance indicators and public surveys.
Where is Kadant Inc. based?
Kadant Inc. is based in Westford, Massachusetts, and operates in 20 countries worldwide.
What is Kadant's focus in its operations?
Kadant focuses on Sustainable Industrial Processing® to enhance efficiency and maximize productivity in process industries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$KAI Insider Trading Activity
$KAI insiders have traded $KAI stock on the open market 20 times in the past 6 months. Of those trades, 0 have been purchases and 20 have been sales.
Here’s a breakdown of recent trading of $KAI stock by insiders over the last 6 months:
- JEFFREY L POWELL (President & CEO) has made 0 purchases and 4 sales selling 10,000 shares for an estimated $3,223,495.
- THOMAS C LEONARD has made 0 purchases and 6 sales selling 7,285 shares for an estimated $2,384,517.
- MICHAEL J MCKENNEY (Executive Vice President & CFO) has made 0 purchases and 3 sales selling 5,500 shares for an estimated $1,747,124.
- DARA F MITCHELL (Senior VP, Corp. Development) sold 1,001 shares for an estimated $398,041
- FREDRIK H WESTERHOUT (Vice President) sold 600 shares for an estimated $238,351
- MICHAEL C. COLWELL (Vice President) sold 497 shares for an estimated $197,090
- REBECCA MARTINEZ O'MARA has made 0 purchases and 2 sales selling 500 shares for an estimated $181,431.
- PETER J. FLYNN (Senior Vice President) sold 350 shares for an estimated $105,000
- JOHN M ALBERTINE sold 250 shares for an estimated $80,393
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$KAI Hedge Fund Activity
We have seen 123 institutional investors add shares of $KAI stock to their portfolio, and 123 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WASATCH ADVISORS LP removed 50,541 shares (-4.2%) from their portfolio in Q3 2024, for an estimated $17,082,858
- ROYAL BANK OF CANADA added 45,391 shares (+253.8%) to their portfolio in Q3 2024, for an estimated $15,342,158
- SEGALL BRYANT & HAMILL, LLC added 33,153 shares (+inf%) to their portfolio in Q3 2024, for an estimated $11,205,714
- DF DENT & CO INC added 32,491 shares (+64.1%) to their portfolio in Q3 2024, for an estimated $10,981,958
- CHAMPLAIN INVESTMENT PARTNERS, LLC added 31,675 shares (+34.8%) to their portfolio in Q3 2024, for an estimated $10,706,150
- GEODE CAPITAL MANAGEMENT, LLC removed 29,672 shares (-10.0%) from their portfolio in Q3 2024, for an estimated $10,029,136
- CAPITAL WORLD INVESTORS added 29,160 shares (+10.3%) to their portfolio in Q3 2024, for an estimated $9,856,080
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
WESTFORD, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it was named one of "America's Most Responsible Companies 2025" by Newsweek magazine. This was the fifth year Kadant has been included on the awards list which assesses companies on Environmental, Social, and Corporate Governance (ESG) factors.
“We are proud to be identified as one of America’s Most Responsible Companies for five consecutive years,” said Jeffrey L. Powell, president and chief executive officer of Kadant. “Our initiatives to advance Sustainable Industrial Processing ® are making a difference for our customers and it is rewarding to be recognized for our impact."
The companies awarded were selected based on publicly available key performance indicators (KPIs) derived from CSR Reports, Sustainability Reports, and Corporate Citizenship Reports as well as an independent survey. The KPIs focused on company performance in the environmental, social, and corporate governance areas, while the independent survey asked U.S. citizens about their perception of company activities related to corporate social responsibility. The list recognizes 600 companies across 14 industry categories with the highest scores as the most responsible companies in the United States.
More information about the 2025 rankings is available at newsweek.com/rankings/americas-most-responsible-companies-2025 . All registered trademarks are the property of their respective owners.
About Kadant
Kadant Inc. is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing
®
. The Company’s products and services play an integral role in enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries. Kadant is based in Westford, Massachusetts, with approximately 3,500 employees in 20 countries worldwide. For more information, visit
kadant.com
.
Safe Harbor Statement
The following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our customers, products, operations, and markets. These forward-looking statements represent our expectations as of the date of this press release. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results to differ materially from these forward-looking statements as a result of various important factors, including those set forth under the heading "Risk Factors" in Kadant’s annual report on Form 10-K for the fiscal year ended December 30, 2023 and subsequent filings with the Securities and Exchange Commission.
Contacts
Investor Contact Information:
Michael McKenney, 978-776-2000
[email protected]
or
Media Contact Information:
Wes Martz, 269-278-1715
[email protected]
