Cabot (NYSE:CBT) Updates FY 2025 Earnings Guidance

Key Points

• Cabot (NYSE:CBT) updated its FY 2025 earnings guidance, projecting earnings per share (EPS) between 7.150 and 7.500, slightly below the consensus estimate of 7.300.
• The company announced a quarterly dividend of $0.45 per share, resulting in an annualized dividend of $1.80 and a yield of 2.4%.
• Analyst price targets for Cabot have been adjusted, with UBS Group lowering their target price from $93.00 to $83.00 and maintaining a "neutral" rating.

Cabot (NYSE:CBT - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 7.150-7.500 for the period, compared to the consensus estimate of 7.300. The company issued revenue guidance of -.

Cabot Trading Up 2.5%

CBT stock traded up $1.79 during midday trading on Monday, hitting $73.79. 582,782 shares of the company's stock were exchanged, compared to its average volume of 428,422. Cabot has a 1-year low of $70.40 and a 1-year high of $117.46. The company has a current ratio of 1.96, a quick ratio of 1.30 and a debt-to-equity ratio of 0.69. The business has a 50-day simple moving average of $75.72 and a two-hundred day simple moving average of $79.85. The stock has a market capitalization of $3.96 billion, a PE ratio of 9.55 and a beta of 0.87.

Cabot (NYSE:CBT - Get Free Report) last released its earnings results on Monday, August 4th. The specialty chemicals company reported $1.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.80 by $0.10. Cabot had a return on equity of 26.76% and a net margin of 11.08%. On average, sell-side analysts predict that Cabot will post 7.57 EPS for the current fiscal year.

Cabot Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.4%. Cabot's dividend payout ratio (DPR) is currently 23.29%.

Analysts Set New Price Targets

CBT has been the topic of several recent analyst reports. UBS Group dropped their target price on Cabot from $93.00 to $83.00 and set a "neutral" rating on the stock in a research report on Monday, April 7th. Wall Street Zen downgraded Cabot from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th.

Institutional Trading of Cabot

Several large investors have recently added to or reduced their stakes in CBT. Acadian Asset Management LLC acquired a new stake in shares of Cabot during the first quarter valued at about $96,000. Geneos Wealth Management Inc. lifted its holdings in Cabot by 409.0% in the first quarter. Geneos Wealth Management Inc. now owns 453 shares of the specialty chemicals company's stock worth $38,000 after acquiring an additional 364 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Cabot by 3.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 122,022 shares of the specialty chemicals company's stock valued at $10,145,000 after buying an additional 4,048 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Cabot by 102.6% during the first quarter. Empowered Funds LLC now owns 28,162 shares of the specialty chemicals company's stock valued at $2,341,000 after buying an additional 14,260 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Cabot by 32.5% during the first quarter. Goldman Sachs Group Inc. now owns 442,646 shares of the specialty chemicals company's stock worth $36,802,000 after purchasing an additional 108,645 shares in the last quarter. 93.18% of the stock is currently owned by institutional investors and hedge funds.

About Cabot

Cabot Corporation operates as a specialty chemicals and performance materials company. The company operates through two segments, Reinforcement Materials and Performance Chemicals. It offers reinforcing carbons that are used in tires as a rubber reinforcing agent and performance additive, as well as in industrial products, such as hoses, belts, extruded profiles, and molded goods; and engineered elastomer composites solutions.

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