Cabot (NYSE:CBT) Releases Earnings Results, Beats Estimates By $0.01 EPS

Cabot (NYSE:CBT) released its quarterly earnings data on Monday. The specialty chemicals company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.01, FiscalAI reports. The company had revenue of $982.00 million for the quarter, compared to the consensus estimate of $943.16 million. Cabot had a return on equity of 20.37% and a net margin of 5.23%.Cabot’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $1.90 EPS. Cabot updated its FY 2026 guidance to 6.150-6.450 EPS.

Cabot Stock Down 0.7%

CBT traded down $0.56 during midday trading on Wednesday, hitting $81.40. The company had a trading volume of 163,953 shares, compared to its average volume of 477,960. Cabot has a 52 week low of $58.33 and a 52 week high of $94.53. The company has a quick ratio of 0.96, a current ratio of 1.45 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $4.20 billion, a price-to-earnings ratio of 15.39, a PEG ratio of 11.63 and a beta of 0.84. The stock’s 50 day moving average price is $87.96 and its 200 day moving average price is $79.62.

Cabot Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be issued a $0.4725 dividend. This represents a $1.89 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, August 28th. Cabot’s dividend payout ratio (DPR) is presently 35.73%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Global Retirement Partners LLC increased its holdings in shares of Cabot by 1,606.9% during the fourth 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 in the last quarter. Danske Bank A S bought a new stake in Cabot during the 3rd quarter valued at $38,000. Geneos Wealth Management Inc. raised its holdings in Cabot by 409.0% during the first quarter. Geneos Wealth Management Inc. now owns 453 shares of the specialty chemicals company’s stock worth $38,000 after buying an additional 364 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Cabot by 709.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 534 shares of the specialty chemicals company’s stock valued at $41,000 after buying an additional 468 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of Cabot in the third quarter valued at $57,000. 93.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CBT has been the subject of several recent research reports. UBS Group upped their price objective on Cabot from $81.00 to $86.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cabot in a research note on Tuesday, May 26th. Truist Financial set a $100.00 price objective on shares of Cabot in a research note on Wednesday. Mizuho increased their price objective on Cabot from $80.00 to $90.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Finally, JPMorgan Chase & Co. lifted their target price on Cabot from $68.00 to $70.00 and gave the stock an “underweight” rating in a report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Cabot has an average rating of “Hold” and a consensus price target of $86.20.

Cabot Company Profile

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.