Powell noted that aftermarket parts represented a record 71% of total revenue for the year. Gross margin improved to 45.2% from 44.3%, which management attributed to the higher aftermarket mix. At the same time, adjusted results were pressured by weaker capital project activity and costs tied to tariffs. Powell said softness in capital project activity, along with rising tariffs and other cost pressures, contributed to adjusted EPS of $9.26, down from $10.28 in 2024.For fiscal 2025, Kadant reported revenue ...

Financial Data and Key Metrics Changes - Revenue increased 11% to a record $286 million in Q4 2025, driven by acquisitions and aftermarket parts business [7][13] - Adjusted EBITDA rose 11% to $58 million, with an adjusted EBITDA margin of 20.3% [7][19] - For the full year, revenue was $1.052 billion, slightly down from $1.053 billion in 2024, with adjusted EPS decreasing to $9.26 from $10.28 [8][17] Business Line Data and Key Metrics Changes - Flow control segment revenue increased 5% to $100 million, with aftermarket parts making up 73% of total revenue [9] - Industrial processing segment revenue rose 16% to $118 million, with aftermarket parts revenue growing 31% [10] - Material handling segment revenue increased 11% to $69 million, with aftermarket parts comprising 53% of total revenue [11] Market Data and Key Metrics Changes - Bookings increased 12% year-over-year, indicating solid demand across all segments [7] - The flow control segment experienced weaker performance in Europe, while North America showed strong results [9] - Capital project activity remained soft, but there are expectations for improvement in 2026 [10][12] Company Strategy and Development Direction - The company aims to leverage its strong cash flow and healthy balance sheet to pursue new opportunities [12] - Focus on aftermarket parts and consumables is expected to drive growth, with a cautious outlook on capital equipment orders [28][29] - The company plans to add back recurring intangible amortization expense in adjusted EPS calculations to provide more consistent comparisons [30][31] Management's Comments on Operating Environment and Future Outlook - Management noted that customers are beginning to stabilize their operations and are expected to increase capital projects in 2026 [42][43] - There is a cautious optimism regarding the timing of capital orders due to ongoing economic and geopolitical uncertainties [61][62] - The company anticipates gross margins for 2026 to be approximately 45.2%-45.7% [29] Other Important Information - The company completed significant acquisitions in 2025, including Clyde Industries, which is expected to contribute positively in the future [10][12] - The company has a backlog of $288 million, with 60% in capital and 40% in parts [48] - The anticipated acquisition of voestalpine BÖHLER Profil GmbH for approximately EUR 157 million is expected to close in Q1 2026 [25][26] Q&A Session Summary Question: Current assets and liabilities at year-end - Current assets are $542 million, and current liabilities are $228 million [36] Question: Demand for consumable products and capital projects outlook - Customers are running equipment harder, leading to increased demand for consumables, with expectations for capital projects to improve in 2026 [40] Question: Backlog figure and organic assumptions for 2026 guidance - The backlog is $288 million, with organic growth modeled at less than 1%-3% [48][49] Question: Uniqueness of proposal timelines for capital orders - Proposals have been outstanding longer than usual due to geopolitical uncertainties, but projects are still moving forward [58][60] Question: Competition in the aftermarket segment - Competitors primarily compete on price, but the company maintains strong customer relationships and service quality [78][80] Question: Data center construction impact on business - Data center construction is booming, driving demand for materials processed by the company's equipment [86]

CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.79 per common share, payable April 15, 2026, to shareholders of record as of March 31, 2026. Business Lincoln Electric is a high-performance industrial machinery and technology leader who helps customers manufacture and maintain vital equipment and infrastructure. Lincoln Electric's innovative solutions enable higher quality and pro. ...

Core Viewpoint - Emerson Electric Co. (NYSE:EMR) is recognized as a significant player in the industrial machinery sector, with a notable increase in its stock price over the past year and year-to-date [2]. Group 1: Company Overview - Emerson Electric Co. is one of the largest industrial machinery manufacturers globally, producing a range of products including valves, actuators, and cylinders [2]. - The company's shares have appreciated by 17% over the past year and by 8% year-to-date [2]. Group 2: Analyst Insights - JPMorgan expressed interest in Emerson Electric Co. for its potential to deliver growth during the earnings cycle [2]. - Evercore ISI initiated coverage of Emerson Electric Co. in mid-December, setting a price target of $170 and an Outperform rating, citing growth in portfolio quality due to strategic initiatives [2]. - Evercore highlighted the company's automation and software products as key drivers for exposure to growth markets [2]. Group 3: Jim Cramer's Commentary - Jim Cramer acknowledged a previous misjudgment regarding Emerson Electric Co., particularly concerning its acquisition strategy [3]. - Cramer noted that Emerson is involved in critical sectors such as data centers and electricity, indicating a potential for recovery and growth [3].

PresentationGet started again. We are really excited to have Flowserve Corporation with us. And we're particularly excited to have Scott Rowe. He's usually get around every year. We have this conference. So he's here with us today. He's the President and Chief Executive Officer of Flowserve. So I know Scott has some prepared remarks, so I'm going to go over to him, and then we'll go right into Q&A.Robert RowePresident, CEO & Director Great. Thank you, Andy. And it is a pleasure to be here for the first time ...

Company Overview - GE Vernova Inc. (NYSE:GEV) is an industrial machinery manufacturer focused on the power generation industry [2] - The company's shares have increased by 118% over the past year and by 18% year-to-date [2] Analyst Ratings and Price Targets - Baird raised GE Vernova's share price target to $923 from $701 and upgraded the rating to Outperform from Neutral, citing optimism due to the energy infrastructure cycle [2] - Guggenheim upgraded GE Vernova's rating to Buy from Neutral and set a price target of $910, highlighting the firm's potential to exceed market expectations for cash generation and capital expansion [2] Market Sentiment and Commentary - Jim Cramer has been a strong advocate for GE Vernova, linking it to speculative nuclear plays and emphasizing its capability to deliver nuclear power plants on an aggressive timeline [2] - Cramer recently mentioned the positive impact of Vertiv's orders on GE Vernova, stating it remains a buyable stock [3]

Company Overview - JBT Marel Corporation is a leading provider of integrated automation and processing solutions for the food, beverage, and health industries globally, leveraging advanced technology for efficiency and product quality [6][9] - As of February 12, 2026, the company's stock price was $163.36, with a market capitalization of $8.58 billion and a revenue of $3.26 billion for the trailing twelve months (TTM) [4][8] Recent Transaction - On February 13, 2026, ACK Asset Management LLC disclosed the full liquidation of its position in JBT Marel Corporation, selling 350,546 shares for an estimated value of $49.23 million [2][5] Financial Performance - JBT Marel reported better-than-expected third-quarter revenue of $1 billion, with 49% coming from recurring revenue, and an adjusted EBITDA of $171 million, reflecting a 17.1% margin [7] - The company raised its full-year 2025 revenue guidance to a range of $3.76 billion to $3.79 billion, indicating solid operational execution [7] Market Position - JBT Marel's shares have increased by 30.3% over the past year, outperforming the S&P 500 by 17.44 percentage points [8] - The company serves a diversified customer base across various sectors, including food, beverage, pharmaceutical, pet food, and industrial, with a global presence [9] Debt and Profitability - The company has a net debt of approximately $1.79 billion, with a net debt to pro forma adjusted EBITDA ratio of 3.1x, indicating meaningful leverage [10] - Integration costs, restructuring expenses, and acquisition-related amortization continue to impact GAAP profitability [10] Long-term Considerations - For long-term investors, the critical question revolves around whether synergy targets and margin expansion can outpace integration risks, as successful execution could lead to durable earnings power [11]

Core Viewpoint - Kadant Inc. is set to release its 2025 fourth quarter and full-year results on February 18, 2026, followed by a webcast on February 19, 2026, to discuss financial performance and future expectations [1]. Group 1: Financial Results Announcement - The company will announce its financial results after market close on February 18, 2026 [1]. - A webcast will be held on February 19, 2026, at 11:00 a.m. Eastern Time to discuss the results [1]. Group 2: Webcast Participation - Interested participants must register to join the live question and answer session during the call [2]. - A replay of the webcast will be available on the company's website until March 20, 2026 [2]. Group 3: Company Overview - Kadant is a global supplier of technologies and engineered systems focused on Sustainable Industrial Processing [3]. - The company enhances efficiency, optimizes energy utilization, and maximizes productivity in process industries [3]. - Kadant is headquartered in Westford, Massachusetts, and employs approximately 3,900 people across 22 countries [3].

Core Viewpoint - Kadant Inc. (KAI) has raised its annual dividend by 6.25% to $1.36, with a payout ratio of 15.9%, indicating a focus on growth despite a low yield of 0.4% compared to peers in the industrial sector [1] Dividend Profile: Steady Growth, Low Yield - The annual dividend of $1.36 is based on four quarterly payments of $0.34, marking a consistent increase over the past decade [1] - The payout ratio of 15.9% allows for significant reinvestment in growth initiatives, supported by an 11.3% return on equity [1] Growth Trajectory: Consistency Over Acceleration - Kadant has increased its dividend for over 10 consecutive years, with a total increase of 172% from $0.125 in 2013 to $0.34 today [1] - The 10-year compound annual growth rate (CAGR) of 9.2% surpasses inflation, although recent growth rates have moderated [1] Valuation Context: Premium Pricing for Quality - The stock trades at a trailing P/E ratio of 39.2x and a forward P/E of 33.3x, reflecting investor confidence in long-term growth [1] - Despite a 4% decline over the past year, shares have increased by 19.8% year-to-date, indicating positive market sentiment [1] Dividend Scorecard: Grade B - Strengths include a strong history of dividend growth and a low payout ratio, providing flexibility for future increases [1] - Weaknesses involve a low yield of 0.4%, which may deter income-focused investors, and recent earnings volatility with a 12.3% decline year-over-year [1] Peer Context - Kadant's dividend profile is more growth-oriented compared to mature income-focused industrials, with a historical growth rate of 9.2% that exceeds many large-cap peers [1] What Investors Should Watch - The next dividend declaration is anticipated in early May 2026, which will be a key indicator of management's confidence following Q1 2026 results [1] - The predictable payment schedule and high insider ownership (84.6%) suggest alignment between management and long-term shareholders [1]

Core Insights - Regal Rexnord Corporation will participate in upcoming conferences, including Citi's 2026 Global Industrial Tech & Mobility Conference and Barclays 43rd Annual Industrial Select Conference, both taking place in Miami [1] Company Overview - Regal Rexnord employs 30,000 associates globally, focusing on sustainable solutions that power, transmit, and control motion [1] - The company offers electric motors and air moving subsystems, along with a portfolio of engineered power transmission components and subsystems for industrial applications [1] - Regal Rexnord's automation offerings include controllers, drives, precision motors, and actuators for various applications, from factory automation to surgical tools [1] Market Segments - The company's end markets include discrete automation, food & beverage, aerospace, medical, data center, energy, residential and commercial buildings, general industrial, and metals and mining [1] - Regal Rexnord operates through three segments: Automation & Motion Control, Industrial Powertrain Solutions, and Power Efficiency Solutions [1] Recent Performance - The company reported strong fourth-quarter 2025 financial results, highlighting organic growth acceleration and data center orders valued at approximately $735 million [1] - Daily orders increased by 53.8% compared to the previous year, driven by significant wins in data center traction [1]