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

Shares of Cabot Corporation (NYSE:CBTGet Free Report) have been assigned a consensus recommendation of “Hold” from the six brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $73.75.

Several analysts have recently weighed in on the company. Mizuho set a $75.00 target price on Cabot and gave the company a “neutral” rating in a research note on Wednesday, February 4th. UBS Group boosted their price target on Cabot from $74.00 to $81.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Zacks Research raised Cabot from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. JPMorgan Chase & Co. lowered their price objective on Cabot from $75.00 to $54.00 and set an “underweight” rating for the company in a research note on Friday, November 28th. Finally, Jefferies Financial Group restated a “buy” rating and set a $85.00 price objective on shares of Cabot in a report on Wednesday, February 4th.

Check Out Our Latest Report on CBT

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CBT. Caitong International Asset Management Co. Ltd raised its stake in shares of Cabot by 76.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 944 shares of the specialty chemicals company’s stock valued at $63,000 after purchasing an additional 410 shares in the last quarter. DGS Capital Management LLC acquired a new position in Cabot in the fourth quarter worth about $206,000. Pacer Advisors Inc. increased its holdings in Cabot by 3,165.7% in the fourth quarter. Pacer Advisors Inc. now owns 229,252 shares of the specialty chemicals company’s stock valued at $15,195,000 after buying an additional 222,232 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in Cabot by 1.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 547,410 shares of the specialty chemicals company’s stock valued at $36,283,000 after buying an additional 9,816 shares during the last quarter. Finally, Caitlin John LLC raised its stake in Cabot by 29.3% during the fourth quarter. Caitlin John LLC now owns 3,137 shares of the specialty chemicals company’s stock valued at $208,000 after buying an additional 710 shares in the last quarter. 93.18% of the stock is currently owned by institutional investors.

Cabot Trading Up 0.9%

CBT opened at $69.49 on Monday. The firm’s 50 day moving average is $73.13 and its 200-day moving average is $70.93. Cabot has a 52-week low of $58.33 and a 52-week high of $84.89. The company has a quick ratio of 1.09, a current ratio of 1.67 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $3.63 billion, a P/E ratio of 12.17, a P/E/G ratio of 9.16 and a beta of 0.86.

Cabot (NYSE:CBTGet Free Report) last announced its earnings results on Tuesday, February 3rd. The specialty chemicals company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.13. Cabot had a net margin of 8.62% and a return on equity of 22.82%. The business had revenue of $849.00 million during the quarter, compared to the consensus estimate of $889.11 million. During the same period in the prior year, the firm earned $1.76 earnings per share. The business’s quarterly 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. Analysts expect that Cabot will post 7.57 EPS for the current fiscal year.

Cabot Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Friday, February 27th. Cabot’s payout ratio is 31.52%.

Cabot Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Cabot (NYSE:CBT)

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