Cabot (NYSE:CBT - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 6.000-6.50 for the period, compared to the consensus estimate of 6.240. The company issued revenue guidance of -.
Cabot Stock Performance
Cabot stock traded up $3.12 during mid-day trading on Tuesday, hitting $78.97. The company had a trading volume of 500,538 shares, compared to its average volume of 433,035. The company has a current ratio of 1.67, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49. Cabot has a 12-month low of $58.33 and a 12-month high of $83.71. The company's fifty day moving average is $73.60 and its 200-day moving average is $70.18. The company has a market capitalization of $4.12 billion, a price-to-earnings ratio of 13.83, a P/E/G ratio of 10.20 and a beta of 0.78.
Cabot (NYSE:CBT - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The specialty chemicals company reported $1.61 EPS for the quarter, topping the consensus estimate of $1.47 by $0.14. Cabot had a return on equity of 22.82% and a net margin of 8.62%.Cabot has set its FY 2026 guidance at 6.000-6.50 EPS. Equities research analysts predict that Cabot will post 6.27 EPS for the current year.
Cabot Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be given a $0.4725 dividend. The ex-dividend date is Friday, May 29th. This represents a $1.89 annualized dividend and a yield of 2.4%. This is a boost from Cabot's previous quarterly dividend of $0.45. Cabot's payout ratio is currently 31.52%.
Analyst Ratings Changes
Several equities research analysts have commented on CBT shares. Zacks Research upgraded Cabot from a "strong sell" rating to a "hold" rating in a research report on Tuesday, January 27th. UBS Group increased their target price on Cabot from $74.00 to $81.00 and gave the company a "neutral" rating in a research report on Thursday, February 5th. Jefferies Financial Group reiterated a "buy" rating and set a $85.00 target price on shares of Cabot in a research report on Wednesday, February 4th. Finally, Mizuho set a $75.00 target price on Cabot and gave the company a "neutral" rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $73.75.
Get Our Latest Research Report on CBT
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Global Retirement Partners LLC lifted its position in shares of Cabot by 1,606.9% during the 4th quarter. Global Retirement Partners LLC now owns 495 shares of the specialty chemicals company's stock valued at $33,000 after buying an additional 466 shares in the last quarter. Danske Bank A S purchased a new position in Cabot in the 3rd quarter valued at $38,000. Geneos Wealth Management Inc. lifted its holdings in Cabot by 409.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 453 shares of the specialty chemicals company's stock valued at $38,000 after purchasing an additional 364 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in Cabot by 709.1% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 534 shares of the specialty chemicals company's stock valued at $41,000 after purchasing an additional 468 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new position in Cabot in the 3rd quarter valued at $57,000. Hedge funds and other institutional investors own 93.18% of the company's stock.
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Cabot, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cabot wasn't on the list.
While Cabot currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.