Cabot Corporation (NYSE:CBT) Receives Average Recommendation of “Hold” from Analysts

Shares of Cabot Corporation (NYSE:CBTGet Free Report) have been assigned an average recommendation of “Hold” from the six brokerages that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $76.25.

CBT has been the topic of a number of research reports. Mizuho lifted their price target on shares of Cabot from $75.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $85.00 price target on shares of Cabot in a research note on Wednesday, February 4th. Wall Street Zen raised shares of Cabot from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group lifted their price target on shares of Cabot from $81.00 to $86.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Zacks Research raised shares of Cabot from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 27th.

Get Our Latest Stock Report on Cabot

Institutional Trading of Cabot

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio raised its holdings in shares of Cabot by 15.4% in 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 purchasing an additional 160 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Cabot by 2.6% in the fourth 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 during 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 valued at $124,000 after purchasing 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 valued at $139,000 after purchasing an additional 175 shares during the last quarter. Finally, Gabelli Funds LLC raised its holdings in shares of Cabot by 1.3% in the third quarter. Gabelli Funds LLC now owns 13,570 shares of the specialty chemicals company’s stock valued at $1,032,000 after purchasing an additional 180 shares during the last quarter. 93.18% of the stock is currently owned by institutional investors and hedge funds.

Cabot Stock Performance

Shares of CBT opened at $84.49 on Tuesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.96 and a current ratio of 1.45. Cabot has a twelve month low of $58.33 and a twelve month high of $86.43. The firm’s 50 day moving average price is $74.31 and its two-hundred day moving average price is $70.63. The firm has a market cap of $4.36 billion, a P/E ratio of 15.97, a PEG ratio of 11.33 and a beta of 0.78.

Cabot (NYSE:CBTGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The specialty chemicals company reported $1.61 earnings per share for the quarter, beating 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 firm had revenue of $904.00 million for the quarter, compared to analyst estimates of $900.31 million. During the same quarter in the previous year, the firm posted $1.90 earnings per share. The business’s revenue was down 3.4% on a year-over-year basis. Cabot has set its FY 2026 guidance at 6.000-6.50 EPS. On average, analysts forecast that Cabot will post 6.25 EPS for the current fiscal year.

Cabot Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be issued a $0.4725 dividend. This represents a $1.89 dividend on an annualized basis and a dividend yield of 2.2%. This is a boost from Cabot’s previous quarterly dividend of $0.45. The ex-dividend date is Friday, May 29th. Cabot’s dividend payout ratio is 34.03%.

About Cabot

(Get Free Report)

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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Analyst Recommendations for Cabot (NYSE:CBT)

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