Cabot Corporation $CBT Shares Bought by Pacer Advisors Inc.

Pacer Advisors Inc. increased its stake in shares of Cabot Corporation (NYSE:CBTFree Report) by 8.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 247,790 shares of the specialty chemicals company’s stock after purchasing an additional 18,538 shares during the period. Pacer Advisors Inc.’s holdings in Cabot were worth $18,661,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Amundi purchased a new stake in Cabot during the 1st quarter worth approximately $275,000. California State Teachers Retirement System raised its holdings in shares of Cabot by 25.4% during the first quarter. California State Teachers Retirement System now owns 63,369 shares of the specialty chemicals company’s stock valued at $4,772,000 after acquiring an additional 12,850 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Cabot by 14.9% in the first quarter. Empowered Funds LLC now owns 39,441 shares of the specialty chemicals company’s stock valued at $2,970,000 after acquiring an additional 5,107 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in Cabot by 33.7% in the 1st quarter. Quantinno Capital Management LP now owns 21,278 shares of the specialty chemicals company’s stock valued at $1,603,000 after purchasing an additional 5,362 shares in the last quarter. Finally, Lazard Asset Management LLC grew its holdings in shares of Cabot by 96.2% during the first quarter. Lazard Asset Management LLC now owns 43,219 shares of the specialty chemicals company’s stock worth $3,255,000 after buying an additional 21,194 shares in the last quarter. 93.18% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on CBT shares. JPMorgan Chase & Co. raised their price target on shares of Cabot from $68.00 to $70.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 13th. UBS Group upped their price objective on shares of Cabot from $81.00 to $86.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Truist Financial started coverage on shares of Cabot in a report on Monday, June 8th. They issued a “buy” rating and a $98.00 price objective for the company. Mizuho raised their target price on shares of Cabot from $80.00 to $90.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. Finally, Wall Street Zen cut Cabot from a “buy” rating to a “hold” rating in a report on Saturday. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Cabot currently has a consensus rating of “Hold” and a consensus target price of $85.80.

Read Our Latest Research Report on CBT

Cabot Stock Down 9.0%

Shares of CBT opened at $81.51 on Wednesday. Cabot Corporation has a 52-week low of $58.33 and a 52-week high of $94.53. The company has a quick ratio of 0.96, a current ratio of 1.45 and a debt-to-equity ratio of 0.51. The stock has a fifty day simple moving average of $87.96 and a two-hundred day simple moving average of $79.62. The company has a market capitalization of $4.21 billion, a PE ratio of 15.41, a price-to-earnings-growth ratio of 11.63 and a beta of 0.84.

Cabot (NYSE:CBTGet Free Report) last announced its quarterly earnings results on Monday, August 3rd. The specialty chemicals company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.01. Cabot had a net margin of 5.23% and a return on equity of 20.37%. The firm had revenue of $982.00 million for the quarter, compared to analysts’ expectations of $943.16 million. During the same quarter in the previous year, the company posted $1.90 EPS. The company’s revenue was up 6.4% compared to the same quarter last year. Cabot has set its FY 2026 guidance at 6.150-6.450 EPS. As a group, equities analysts forecast that Cabot Corporation will post 6.37 EPS for the current year.

Cabot Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 28th will be issued a $0.4725 dividend. This represents a $1.89 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, August 28th. Cabot’s payout ratio is presently 35.73%.

Cabot News Roundup

Here are the key news stories impacting Cabot this week:

  • Positive Sentiment: Adjusted EPS was $1.67, narrowly exceeding the $1.66 consensus estimate, while revenue increased 6.4% year over year to $982 million, well above expectations of $943.2 million. Cabot Tops Q3 Earnings and Revenue Estimates
  • Positive Sentiment: Reinforcement Materials and Performance Chemicals generated segment EBIT of $97 million and $68 million, respectively. Cabot also reaffirmed its expectation of approximately $40 million in fiscal 2026 EBITDA from Battery Materials while expanding conductive-additive capacity in the United States and China. Cabot Corporation Reports Third Quarter Fiscal Year 2026 Results
  • Neutral Sentiment: Management tightened fiscal 2026 adjusted EPS guidance to $6.15-$6.45, broadly surrounding the $6.32 analyst consensus. The earnings call provided additional discussion of operating conditions, segment performance and the company’s outlook. Cabot Q3 2026 Earnings Call Transcript
  • Negative Sentiment: GAAP results were substantially weaker: net income attributable to Cabot fell to $6 million, or $0.12 per diluted share, from $101 million, or $1.86 per share, a year earlier. Adjusted EPS also declined from $1.90, reflecting a difficult comparison and $1.55 per-share impact from certain items. Cabot Reports Fiscal Q3 Net Income
  • Negative Sentiment: An analyst downgraded Cabot, citing more limited upside potential and concerns extending into fiscal 2027-2028. The planned October 1 CEO transition from Sean Keohane to Erica McLaughlin adds another near-term uncertainty for investors. Cabot Successful Returns Downgrade

About Cabot

(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.

Recommended Stories

Want to see what other hedge funds are holding CBT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cabot Corporation (NYSE:CBTFree Report).

Institutional Ownership by Quarter for Cabot (NYSE:CBT)

Receive News & Ratings for Cabot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cabot and related companies with MarketBeat.com's FREE daily email newsletter.