Cabot Corporation (NYSE:CBT) Stock Has Consensus Price Target of $89.00

Cabot Corporation (NYSE:CBT) has received a consensus recommendation of “Hold” from the seven research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $89.00.

Several research analysts have issued reports on the stock. Truist Financial set a $100.00 target price on shares of Cabot in a report on Wednesday, August 5th. JPMorgan Chase & Co. increased their price target on shares of Cabot from $70.00 to $78.00 and gave the company an “underweight” rating in a report on Friday, August 7th. UBS Group reduced their price target on shares of Cabot from $97.00 to $92.00 and set a “neutral” rating for the company in a research report on Wednesday, August 5th. Wall Street Zen lowered shares of Cabot from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cabot in a research report on Friday, August 21st.

Insider Activity

In other news, CEO Sean Keohane sold 134,895 shares of the company’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $85.00, for a total transaction of $11,466,075.00. Following the transaction, the chief executive officer directly owned 404,134 shares of the company’s stock, valued at $34,351,390. This represents a 25.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold 229,597 shares of company stock worth $19,646,746 over the last 90 days. Corporate insiders own 3.08% of the company’s stock.

Institutional Investors Weigh In On Cabot

Several large investors have recently bought and sold shares of the business. Rothschild Investment LLC boosted its holdings in shares of Cabot by 170.4% during the 4th quarter. Rothschild Investment LLC now owns 411 shares of the specialty chemicals company’s stock valued at $27,000 after acquiring an additional 259 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in Cabot during the 2nd quarter valued at $33,000. Caitong International Asset Management Co. Ltd raised its stake in Cabot by 76.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 944 shares of the specialty chemicals company’s stock valued at $63,000 after buying an additional 410 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Cabot by 131.0% during the 4th quarter. Hantz Financial Services Inc. now owns 991 shares of the specialty chemicals company’s stock valued at $66,000 after buying an additional 562 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of Cabot by 115.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,152 shares of the specialty chemicals company’s stock worth $76,000 after buying an additional 617 shares during the last quarter. 93.18% of the stock is currently owned by institutional investors.

Cabot Stock Performance

Shares of CBT opened at $77.14 on Friday. The company has a 50-day simple moving average of $82.83 and a two-hundred day simple moving average of $82.22. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.47 and a quick ratio of 0.97. The firm has a market capitalization of $3.98 billion, a PE ratio of 21.73, a price-to-earnings-growth ratio of 9.06 and a beta of 0.83. Cabot has a one year low of $58.33 and a one year high of $94.53.

Cabot (NYSE:CBT) last posted its quarterly earnings data on Monday, August 3rd. The specialty chemicals company reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.01. Cabot had a return on equity of 20.29% and a net margin of 5.23%.The business had revenue of $982.00 million during the quarter, compared to the consensus estimate of $943.16 million. During the same quarter in the prior year, the company earned $1.90 earnings per share. The firm’s quarterly 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. On average, analysts anticipate that Cabot will post 6.35 EPS for the current fiscal year.

Cabot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 28th were paid a $0.4725 dividend. The ex-dividend date was Friday, August 28th. This represents a $1.89 annualized dividend and a dividend yield of 2.5%. Cabot’s payout ratio is currently 53.24%.

Cabot Company Profile

Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. Founded in 1882 by Godfrey Lowell Cabot, the company develops and manufactures materials used by industrial and consumer-product manufacturers worldwide.

Cabot’s products include reinforcing carbon blacks used in tires, automotive components, and other rubber products; specialty carbon blacks used in coatings, plastics, inks, and batteries; and fumed silica used in adhesives, sealants, coatings, and personal-care applications.