Cabot Corporation (NYSE:CBT – Get Free Report) has received a consensus recommendation of “Hold” from the six analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $73.75.
A number of analysts have commented on CBT shares. Jefferies Financial Group restated a “buy” rating and set a $85.00 price target on shares of Cabot in a research note on Wednesday, February 4th. UBS Group boosted their target price on shares of Cabot from $74.00 to $81.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Mizuho set a $75.00 price target on shares of Cabot and gave the company a “neutral” rating in a research report on Wednesday, February 4th. JPMorgan Chase & Co. decreased their price objective on Cabot from $75.00 to $54.00 and set an “underweight” rating for the company in a report on Friday, November 28th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Cabot in a report on Monday, December 29th.
View Our Latest Stock Report on Cabot
Cabot Trading Up 0.8%
Cabot (NYSE:CBT – Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $849.00 million for the quarter, compared to analyst estimates of $889.11 million. Cabot had a net margin of 8.62% and a return on equity of 22.82%. The business’s quarterly revenue 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. Analysts expect that Cabot will post 7.57 EPS for the current fiscal year.
Cabot Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, February 27th. Cabot’s payout ratio is currently 31.52%.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in CBT. Torren Management LLC bought a new stake in Cabot in the 4th quarter worth about $26,000. Smartleaf Asset Management LLC grew its holdings in shares of Cabot by 598.0% in the third quarter. Smartleaf Asset Management LLC now owns 349 shares of the specialty chemicals company’s stock valued at $27,000 after acquiring an additional 299 shares in the last quarter. Rothschild Investment LLC lifted its holdings in Cabot by 170.4% during the fourth quarter. Rothschild Investment LLC now owns 411 shares of the specialty chemicals company’s stock worth $27,000 after acquiring an additional 259 shares during the period. Elevation Point Wealth Partners LLC bought a new position in Cabot in the 2nd quarter valued at $28,000. Finally, Parkside Financial Bank & Trust increased its position in shares of Cabot by 95.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 387 shares of the specialty chemicals company’s stock valued at $29,000 after purchasing an additional 189 shares during the last quarter. 93.18% of the stock is owned by institutional investors.
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.
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