Cabot (NYSE:CBT) Lowered to Hold Rating by Mizuho

Mizuho lowered shares of Cabot (NYSE:CBT) from a strong-buy rating to a hold rating in a report published on Wednesday morning,Zacks.com reports.

A number of other analysts have also recently weighed in on the stock. Zacks Research raised shares of Cabot from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 27th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Cabot in a research note on Monday, December 29th. JPMorgan Chase & Co. cut their target price on Cabot from $75.00 to $54.00 and set an “underweight” rating for the company in a research report on Friday, November 28th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $85.00 price target on shares of Cabot in a research note on Wednesday. Finally, UBS Group increased their price objective on Cabot from $74.00 to $81.00 and gave the stock a “neutral” rating in a research note on Thursday. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $73.75.

Cabot Price Performance

Shares of NYSE:CBT opened at $76.39 on Wednesday. The firm has a market capitalization of $4.04 billion, a PE ratio of 13.38, a PEG ratio of 4.12 and a beta of 0.88. The company has a current ratio of 1.67, a quick ratio of 1.08 and a debt-to-equity ratio of 0.49. Cabot has a 1-year low of $58.33 and a 1-year high of $89.15. The business’s 50 day moving average is $69.04 and its 200-day moving average is $71.69.

Cabot (NYSE:CBT) last posted its quarterly earnings results on Tuesday, February 3rd. The specialty chemicals company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.13. Cabot had a net margin of 8.62% and a return on equity of 22.81%. The firm had revenue of $849.00 million for the quarter, compared to the consensus estimate of $889.11 million. During the same quarter in the previous year, the company earned $1.76 earnings per share. The business’s revenue was down 11.1% compared to the same quarter last year. Cabot has set its FY 2026 guidance at 6.000-6.500 EPS. Sell-side analysts predict that Cabot will post 7.57 earnings per share for the current year.

Cabot Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a dividend of $0.45 per share. The ex-dividend date is Friday, February 27th. This represents a $1.80 dividend on an annualized basis and a yield of 2.4%. Cabot’s dividend payout ratio is 31.52%.

Hedge Funds Weigh In On Cabot

Institutional investors have recently bought and sold shares of the business. Torren Management LLC bought a new stake in shares of Cabot during the fourth quarter worth $26,000. Smartleaf Asset Management LLC lifted its position in Cabot by 598.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 349 shares of the specialty chemicals company’s stock worth $27,000 after buying an additional 299 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in Cabot during the 2nd quarter worth about $28,000. Parkside Financial Bank & Trust grew its holdings in Cabot by 95.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 387 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 189 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its position in Cabot by 227.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 429 shares of the specialty chemicals company’s stock valued at $33,000 after acquiring an additional 298 shares in the last quarter. Institutional investors own 93.18% of the company’s stock.

About Cabot

Cabot Corporation is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. Founded in 1882 by Godfrey Lowell Cabot, the company has grown into a diversified manufacturer with operations across North America, Europe, Asia and Latin America. Cabot serves a wide range of end markets, including automotive, industrial, energy, and consumer products, supplying essential ingredients that enhance performance, durability and functionality.

The company operates two primary segments: Reinforcement Materials and Performance Materials.