Cabot Corporation (NYSE:CBT) Receives Average Rating of “Hold” from Analysts

Cabot Corporation (NYSE:CBT) has been assigned an average rating of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $85.80.

Several research firms have recently weighed in on CBT. JPMorgan Chase & Co. boosted their target price on shares of Cabot from $68.00 to $70.00 and gave the company an “underweight” rating in a research note on Wednesday, May 13th. Wall Street Zen upgraded shares of Cabot from a “hold” rating to a “buy” rating in a research report on Sunday, June 14th. UBS Group lifted their price objective on shares of Cabot from $81.00 to $86.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Cabot in a research report on Tuesday, May 26th. Finally, Mizuho increased their target price on shares of Cabot from $80.00 to $90.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th.

Cabot Stock Down 1.1%

Shares of CBT stock opened at $90.40 on Friday. Cabot has a twelve month low of $58.33 and a twelve month high of $94.53. The stock has a market cap of $4.67 billion, a P/E ratio of 17.09, a P/E/G ratio of 11.89 and a beta of 0.83. The stock has a 50 day moving average of $86.31 and a 200 day moving average of $77.93. The company has a current ratio of 1.45, a quick ratio of 0.96 and a debt-to-equity ratio of 0.51.

Cabot (NYSE:CBT) last released its quarterly earnings data on Tuesday, May 5th. The specialty chemicals company reported $1.61 EPS for the quarter, topping the consensus estimate of $1.47 by $0.14. The business had revenue of $904.00 million for the quarter, compared to analyst estimates of $900.30 million. Cabot had a return on equity of 21.33% and a net margin of 7.97%.The business’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.90 EPS. Cabot has set its FY 2026 guidance at 6.000-6.50 EPS. As a group, sell-side analysts expect that Cabot will post 6.34 EPS for the current year.

Cabot Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be issued a $0.4725 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.89 dividend on an annualized basis and a yield of 2.1%. Cabot’s dividend payout ratio is presently 35.73%.

Institutional Trading of Cabot

Institutional investors have recently bought and sold shares of the business. Torren Management LLC purchased a new stake in shares of Cabot in the fourth quarter valued at approximately $26,000. Rothschild Investment LLC lifted its position in shares of Cabot by 170.4% during the 4th quarter. Rothschild Investment LLC now owns 411 shares of the specialty chemicals company’s stock valued at $27,000 after buying an additional 259 shares in the last quarter. Global Retirement Partners LLC grew its stake in Cabot by 1,606.9% in the 4th quarter. Global Retirement Partners LLC now owns 495 shares of the specialty chemicals company’s stock valued at $33,000 after acquiring an additional 466 shares during the period. Geneos Wealth Management Inc. grew its stake in Cabot by 409.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 453 shares of the specialty chemicals company’s stock valued at $38,000 after acquiring an additional 364 shares during the period. Finally, Danske Bank A S purchased a new stake in Cabot in the 3rd quarter worth $38,000. 93.18% of the stock is owned by institutional investors and hedge funds.

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.