Cabot Corporation (NYSE:CBT) Given Average Rating of “Hold” by Analysts

Cabot Corporation (NYSE:CBT) has been assigned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $73.75.

CBT has been the topic of a number of research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Cabot in a report on Monday, December 29th. UBS Group raised their target price on Cabot from $74.00 to $81.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Zacks Research upgraded Cabot from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. Jefferies Financial Group restated a “buy” rating and issued a $85.00 price target on shares of Cabot in a research report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. decreased their price objective on Cabot from $75.00 to $54.00 and set an “underweight” rating on the stock in a research note on Friday, November 28th.

Institutional Investors Weigh In On Cabot

Institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank purchased a new stake in Cabot during the fourth quarter valued at $49,662,000. AQR Capital Management LLC boosted its stake in shares of Cabot by 123.0% during the second quarter. AQR Capital Management LLC now owns 867,946 shares of the specialty chemicals company’s stock valued at $65,096,000 after purchasing an additional 478,702 shares during the period. UBS Group AG lifted its holdings in Cabot by 186.7% during the 3rd quarter. UBS Group AG now owns 593,510 shares of the specialty chemicals company’s stock valued at $45,136,000 after buying an additional 386,514 shares in the last quarter. American Century Companies Inc. increased its position in shares of Cabot by 11.1% during the second quarter. American Century Companies Inc. now owns 1,664,728 shares of the specialty chemicals company’s stock worth $124,855,000 after acquiring an additional 166,460 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in Cabot in the fourth quarter worth approximately $8,785,000. Institutional investors own 93.18% of the company’s stock.

Cabot Price Performance

NYSE CBT opened at $75.35 on Thursday. The stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 13.20, a PEG ratio of 3.98 and a beta of 0.88. Cabot has a 1-year low of $58.33 and a 1-year high of $89.15. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.67 and a quick ratio of 1.09. The business’s fifty day moving average price is $70.99 and its 200-day moving average price is $71.72.

Cabot (NYSE:CBT) last posted its quarterly earnings data on Tuesday, February 3rd. The specialty chemicals company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.13. The company had revenue of $849.00 million during the quarter, compared to analysts’ expectations of $889.11 million. Cabot had a return on equity of 22.82% and a net margin of 8.62%.Cabot’s revenue for the quarter was down 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.76 earnings per share. Cabot has set its FY 2026 guidance at 6.000-6.500 EPS. On average, equities analysts predict that Cabot will post 7.57 earnings per share for the current year.

Cabot Dividend Announcement

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

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.