Cabot Corporation (NYSE:CBT) Receives $72.25 Consensus PT from Analysts

Cabot Corporation (NYSE:CBT) has earned an average rating of “Hold” from the six analysts that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $72.25.

Several research firms have recently issued reports on CBT. JPMorgan Chase & Co. reduced their target price on shares of Cabot from $75.00 to $54.00 and set an “underweight” rating for the company in a research note on Friday, November 28th. Mizuho increased their target price on shares of Cabot from $72.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Zacks Research lowered Cabot from a “hold” rating to a “strong sell” rating in a report on Friday, November 7th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Cabot in a research note on Monday, December 29th. Finally, UBS Group raised their target price on Cabot from $65.00 to $74.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th.

Institutional Trading of Cabot

A number of institutional investors have recently modified their holdings of CBT. GAMMA Investing LLC boosted its holdings in Cabot by 12.3% in the 2nd quarter. GAMMA Investing LLC now owns 1,909 shares of the specialty chemicals company’s stock worth $143,000 after buying an additional 209 shares during the period. Penserra Capital Management LLC lifted its stake in Cabot by 65.7% in the 2nd quarter. Penserra Capital Management LLC now owns 6,609 shares of the specialty chemicals company’s stock worth $495,000 after purchasing an additional 2,620 shares in the last quarter. First Citizens Bank & Trust Co. lifted its position in shares of Cabot by 144.4% in the second quarter. First Citizens Bank & Trust Co. now owns 14,352 shares of the specialty chemicals company’s stock worth $1,076,000 after buying an additional 8,479 shares in the last quarter. Park Avenue Securities LLC bought a new position in Cabot during the second quarter valued at approximately $312,000. Finally, American Century Companies Inc. increased its stake in Cabot by 11.1% in the 2nd quarter. American Century Companies Inc. now owns 1,664,728 shares of the specialty chemicals company’s stock worth $124,855,000 after acquiring an additional 166,460 shares during the last quarter. 93.18% of the stock is currently owned by hedge funds and other institutional investors.

Cabot Stock Performance

Cabot stock opened at $71.60 on Friday. The stock has a market cap of $3.79 billion, a PE ratio of 11.91, a P/E/G ratio of 3.73 and a beta of 0.89. The company has a quick ratio of 1.08, a current ratio of 1.61 and a debt-to-equity ratio of 0.50. Cabot has a 12-month low of $58.33 and a 12-month high of $89.16. The business’s 50-day moving average price is $67.42 and its two-hundred day moving average price is $71.76.

Cabot (NYSE:CBT) last announced its quarterly earnings results on Monday, November 3rd. The specialty chemicals company reported $1.70 EPS for the quarter, missing analysts’ consensus estimates of $1.72 by ($0.02). The firm had revenue of $899.00 million for the quarter, compared to analyst estimates of $967.02 million. Cabot had a net margin of 8.91% and a return on equity of 24.55%. The business’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.80 earnings per share. Cabot has set its FY 2026 guidance at 6.000-7.00 EPS. As a group, analysts expect that Cabot will post 7.57 earnings per share for the current fiscal year.

Cabot Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 28th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Friday, November 28th. Cabot’s payout ratio is presently 29.95%.

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.