Cabot (NYSE:CBT) Shares Cross Above 200-Day Moving Average – Time to Sell?

Cabot Corporation (NYSE:CBT) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $77.50 and traded as high as $89.79. Cabot shares last traded at $87.68, with a volume of 439,586 shares traded.

Analyst Upgrades and Downgrades

CBT has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cabot in a research report on Tuesday, May 26th. UBS Group boosted their price target on shares of Cabot from $81.00 to $86.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. raised their price objective on shares of Cabot from $68.00 to $70.00 and gave the stock an “underweight” rating in a report on Wednesday, May 13th. Truist Financial initiated coverage on Cabot in a report on Monday, June 8th. They set a “buy” rating and a $98.00 target price on the stock. Finally, Wall Street Zen raised Cabot from a “hold” rating to a “buy” rating in a research report on Sunday, June 14th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Cabot currently has an average rating of “Hold” and a consensus target price of $85.80.

Cabot Stock Performance

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 business’s 50-day moving average is $85.86 and its 200-day moving average is $77.50. The company has a market capitalization of $4.53 billion, a PE ratio of 16.57, a PEG ratio of 11.55 and a beta of 0.83.

Cabot (NYSE:CBT) last announced its quarterly earnings data 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. Cabot had a net margin of 7.97% and a return on equity of 21.33%. The business had revenue of $904.00 million for the quarter, compared to analysts’ expectations of $900.30 million. During the same quarter in the prior year, the company earned $1.90 earnings per share. The business’s revenue was down 3.4% compared to the same quarter last year. Cabot has set its FY 2026 guidance at 6.000-6.50 EPS. On average, research analysts anticipate that Cabot Corporation will post 6.34 earnings per share for the current year.

Cabot Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 28th will be given a $0.4725 dividend. 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, August 28th. Cabot’s payout ratio is currently 35.73%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CBT. Public Employees Retirement System of Ohio increased its holdings in Cabot by 15.4% during the fourth quarter. Public Employees Retirement System of Ohio now owns 1,202 shares of the specialty chemicals company’s stock valued at $80,000 after buying an additional 160 shares during the period. Janney Montgomery Scott LLC increased its stake in Cabot by 2.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 6,298 shares of the specialty chemicals company’s stock valued at $417,000 after purchasing an additional 161 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Cabot by 9.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,873 shares of the specialty chemicals company’s stock worth $124,000 after buying an additional 164 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of Cabot by 10.5% in the first quarter. Parallel Advisors LLC now owns 1,843 shares of the specialty chemicals company’s stock worth $139,000 after buying an additional 175 shares during the last quarter. Finally, Rothschild Investment LLC lifted its stake in shares of 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 buying an additional 259 shares during the period. Institutional investors own 93.18% of the company’s stock.

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.