Intech Investment Management LLC Raises Holdings in Cabot Corporation $CBT

Intech Investment Management LLC lifted its stake in Cabot Corporation (NYSE:CBT) by 31.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,552 shares of the specialty chemicals company’s stock after buying an additional 6,372 shares during the quarter. Intech Investment Management LLC owned approximately 0.05% of Cabot worth $1,760,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its holdings in Cabot by 598.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 349 shares of the specialty chemicals company’s stock worth $27,000 after purchasing an additional 299 shares during the period. Torren Management LLC acquired a new position in Cabot in the 4th quarter worth about $26,000. Hantz Financial Services Inc. raised its holdings in Cabot by 227.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 429 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 298 shares during the period. Geneos Wealth Management Inc. raised its holdings in Cabot by 409.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 453 shares of the specialty chemicals company’s stock worth $38,000 after purchasing an additional 364 shares during the period. Finally, Global Retirement Partners LLC raised its holdings 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 worth $33,000 after purchasing an additional 466 shares during the period. Institutional investors and hedge funds own 93.18% of the company’s stock.

Cabot Price Performance

Shares of Cabot stock opened at $83.31 on Friday. The business has a 50 day simple moving average of $78.94 and a two-hundred day simple moving average of $72.94. Cabot Corporation has a 12 month low of $58.33 and a 12 month high of $89.46. The stock has a market capitalization of $4.30 billion, a P/E ratio of 15.75, a PEG ratio of 11.25 and a beta of 0.82. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.45 and a quick ratio of 0.96.

Cabot (NYSE:CBT) last posted its quarterly earnings results on Tuesday, May 5th. The specialty chemicals company reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.14. The firm had revenue of $904.00 million for the quarter, compared to analyst estimates of $900.31 million. Cabot had a net margin of 7.97% and a return on equity of 21.33%. Cabot’s quarterly revenue was down 3.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.90 earnings per share. Cabot has set its FY 2026 guidance at 6.000-6.50 EPS. As a group, analysts predict that Cabot Corporation will post 6.32 EPS for the current fiscal year.

Cabot Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be given a dividend of $0.4725 per share. The ex-dividend date is Friday, May 29th. This is a boost from Cabot’s previous quarterly dividend of $0.45. This represents a $1.89 dividend on an annualized basis and a yield of 2.3%. Cabot’s dividend payout ratio (DPR) is presently 35.73%.

Wall Street Analysts Forecast Growth

CBT has been the subject of a number of analyst reports. UBS Group upped their price target on Cabot from $81.00 to $86.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Wall Street Zen raised Cabot from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. upped their price target on Cabot from $68.00 to $70.00 and gave the stock an “underweight” rating in a report on Wednesday, May 13th. Mizuho increased their target price on Cabot from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cabot in a report on Tuesday, May 26th. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Cabot currently has an average rating of “Hold” and an average target price of $80.25.

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.