State of Alaska Department of Revenue lifted its holdings in Kadant Inc (NYSE:KAI – Free Report) by 7.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,015 shares of the industrial products company’s stock after buying an additional 507 shares during the quarter. State of Alaska Department of Revenue’s holdings in Kadant were worth $2,226,000 at the end of the most recent quarter. Opal Wealth Advisors LLC acquired a new position in shares of Kadant during the first quarter worth approximately $30,000. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock.