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

Cabot Corporation (NYSE:CBT) has been assigned an average rating of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research 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 1 year target price among analysts that have issued a report on the stock in the last year is $80.25.

Several brokerages have weighed in on CBT. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cabot in a research note on Tuesday. Mizuho raised their price target on Cabot from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Wall Street Zen raised Cabot from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. raised their price target on Cabot from $68.00 to $70.00 and gave the company an “underweight” rating in a report on Wednesday, May 13th. Finally, UBS Group raised their price target on Cabot from $81.00 to $86.00 and gave the company a “neutral” rating in a report on Friday, May 8th.

Cabot Stock Down 0.0%

Shares of NYSE:CBT opened at $87.70 on Friday. Cabot has a 52 week low of $58.33 and a 52 week high of $89.46. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.96 and a current ratio of 1.45. The company’s fifty day moving average is $77.60 and its 200-day moving average is $72.19. The company has a market capitalization of $4.53 billion, a PE ratio of 16.58, a P/E/G ratio of 11.57 and a beta of 0.78.

Cabot (NYSE:CBT) last issued its quarterly earnings data on Tuesday, May 5th. The specialty chemicals company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.14. The firm had revenue of $904.00 million for the quarter, compared to analysts’ expectations of $900.31 million. Cabot had a net margin of 7.97% and a return on equity of 21.33%. The company’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.90 earnings per share. Cabot has set its FY 2026 guidance at 6.000-6.50 EPS. Equities research analysts predict that Cabot will post 6.32 earnings per share 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 issued a $0.4725 dividend. This is a positive change from Cabot’s previous quarterly dividend of $0.45. This represents a $1.89 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, May 29th. Cabot’s dividend payout ratio (DPR) is presently 34.03%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its position in shares of Cabot by 598.0% during the third 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 in the last quarter. Torren Management LLC acquired a new position in shares of Cabot during the fourth quarter worth approximately $26,000. Rothschild Investment LLC boosted its position in Cabot by 170.4% in the 4th quarter. Rothschild Investment LLC now owns 411 shares of the specialty chemicals company’s stock valued at $27,000 after buying an additional 259 shares during the last quarter. Hantz Financial Services Inc. boosted its position in Cabot by 227.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 429 shares of the specialty chemicals company’s stock valued at $33,000 after buying an additional 298 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in Cabot by 409.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 453 shares of the specialty chemicals company’s stock valued at $38,000 after buying an additional 364 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.