Kayne Anderson Rudnick Investment Management, LLC filed Amendment No. 3 to its Schedule 13G with the SEC on November 12, 2026, disclosing a beneficial ownership position in Kadant Inc common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Kayne Anderson Rudnick reported 1,021,564 shares of Kadant Inc common stock beneficially owned.
  • Percent of class: The 1,021,564 shares represent 8.7% of the outstanding class, according to the filing.
  • Sole voting power: The firm reported sole voting power over 706,079 shares.
  • Shared voting power: Shared voting power was reported for 182,291 shares.
  • Sole dispositive power: The filing disclosed sole dispositive power over 839,273 shares.
  • Shared dispositive power: Shared dispositive power was reported for 182,291 shares.
  • Triggering event date: The date of the event requiring this filing was September 30, 2026.

Kayne Anderson Rudnick Discloses 1,021,564 Kadant Shares in Amended 13G

Kayne Anderson Rudnick Investment Management, LLC, a California-based investment adviser located at 2000 Avenue of the Stars, Suite 1110, Los Angeles, CA 90067, filed Amendment No. 3 to Schedule 13G reporting its beneficial ownership in Kadant Inc (NYSE:KAI), whose principal executive offices are located at One Technology Park Drive, Westford, MA 01886. The filing was signed by Michael Shoemaker, Chief Compliance Officer, and dated November 12, 2026.

According to the filing, Kayne Anderson Rudnick beneficially owned an aggregate of 1,021,564 shares of Kadant common stock (CUSIP 48282T104) as of September 30, 2026, representing 8.7% of the class. Of that total, the firm reported sole voting power over 706,079 shares and shared voting power over 182,291 shares. For disposition, the firm reported sole dispositive power over 839,273 shares and shared dispositive power over 182,291 shares.

The filer certified, as required under Schedule 13G, that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities." The firm is classified as an investment adviser (Type: IA) under the applicable rules.

What Was Disclosed

Kayne Anderson Rudnick Investment Management, LLC filed an amended Schedule 13G disclosing beneficial ownership of 1,021,564 shares, or 8.7%, of Kadant Inc common stock as of September 30, 2026, with varying allocations of voting and dispositive power.