Cabot Corporation $CBT Holdings Lifted by Hsbc Holdings PLC

Key Points

• Hsbc Holdings PLC increased its Cabot stake by 495.9% in the second quarter, bringing its holdings to 18,575 shares valued at approximately $1.69 million. Institutional investors collectively own 93.18% of Cabot.
• Analysts maintain a generally cautious outlook, with Cabot receiving an average rating of “Hold” and an average price target of $89.00, despite some upward target revisions and one analyst upgrade to “Buy.”
• Cabot exceeded quarterly earnings and revenue expectations, reporting $1.67 in EPS and $982 million in revenue, while maintaining fiscal 2026 EPS guidance of $6.15–$6.45. The company also pays a quarterly dividend of $0.4725 per share, representing a 2.4% yield.

Hsbc Holdings PLC grew its holdings in Cabot Corporation (NYSE:CBT - Free Report) by 495.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,575 shares of the specialty chemicals company's stock after purchasing an additional 15,458 shares during the period. Hsbc Holdings PLC's holdings in Cabot were worth $1,690,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lazard Asset Management LLC lifted its position in shares of Cabot by 96.2% in 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 during the last quarter. BlackRock Inc. acquired a new position in Cabot during the second quarter worth $633,302,000. Oppenheimer Asset Management Inc. acquired a new stake in Cabot during the 2nd quarter valued at $4,528,000. Norges Bank acquired a new stake in shares of Cabot in the fourth quarter valued at $49,662,000. Finally, Man Group plc bought a new position in shares of Cabot in the second quarter worth about $4,310,000. Hedge funds and other institutional investors own 93.18% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. UBS Group reduced their target price on Cabot from $97.00 to $92.00 and set a "neutral" rating on the stock in a report on Wednesday, August 5th. JPMorgan Chase & Co. boosted their price objective on shares of Cabot from $70.00 to $78.00 and gave the company an "underweight" rating in a report on Friday, August 7th. Truist Financial set a $100.00 price target on Cabot in a report on Wednesday, August 5th. Wall Street Zen raised Cabot from a "hold" rating to a "buy" rating in a research report on Sunday, August 9th. Finally, Mizuho lifted their price objective on Cabot from $80.00 to $90.00 and gave the company a "neutral" rating in a report on Thursday, June 25th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Cabot currently has an average rating of "Hold" and an average target price of $89.00.

Insider Activity

In other news, CEO Sean Keohane sold 134,895 shares of the company's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $85.00, for a total value of $11,466,075.00. Following the transaction, the chief executive officer owned 404,134 shares of the company's stock, valued at approximately $34,351,390. This represents a 25.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 229,597 shares of company stock worth $19,646,746 in the last three months. Insiders own 3.08% of the company's stock.

Cabot Stock Up 1.3%

CBT opened at $79.83 on Friday. The stock's fifty day simple moving average is $85.86 and its 200 day simple moving average is $81.56. Cabot Corporation has a 1-year low of $58.33 and a 1-year high of $94.53. The stock has a market cap of $4.12 billion, a PE ratio of 22.49, a price-to-earnings-growth ratio of 10.34 and a beta of 0.83. The company has a current ratio of 1.47, a quick ratio of 0.97 and a debt-to-equity ratio of 0.48.

Cabot (NYSE:CBT - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The specialty chemicals company reported $1.67 EPS for the quarter, topping analysts' consensus estimates of $1.66 by $0.01. Cabot had a net margin of 5.23% and a return on equity of 20.29%. The firm had revenue of $982.00 million during the quarter, compared to analysts' expectations of $943.16 million. During the same period in the previous year, the business posted $1.90 earnings per share. The company's revenue for the quarter 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, research analysts expect that Cabot Corporation will post 6.35 earnings per share for the current year.

Cabot Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Friday, August 28th were given a dividend of $0.4725 per share. The ex-dividend date was Friday, August 28th. This represents a $1.89 annualized dividend and a yield of 2.4%. Cabot's dividend payout ratio (DPR) is 53.24%.

About Cabot

Cabot Corporation NYSE: CBT is a global specialty chemicals and performance materials company. Its products are used by manufacturers in transportation, infrastructure, energy, electronics, consumer goods, and other industrial markets.

Cabot's Reinforcement Materials business produces carbon black and other materials used to reinforce tires, automotive components, industrial rubber products, and plastics. Its Performance Chemicals business supplies specialty carbon blacks, fumed metal oxides, inkjet colorants, conductive compounds, masterbatch products, and related materials used to modify the color, conductivity, strength, durability, and processing characteristics of finished products.

Founded in 1882, Cabot operates research, manufacturing, and commercial facilities serving customers in North America, South America, Europe, Asia, and other international markets.

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