California State Teachers Retirement System Buys 12,850 Shares of Cabot Corporation $CBT

Key Points

• California State Teachers Retirement System increased its Cabot stake by 25.4% in the first quarter, purchasing 12,850 additional shares for a total holding of 63,369 shares valued at approximately $4.8 million. Institutional investors collectively own 93.18% of the company.
• Cabot reported quarterly EPS of $1.67, narrowly exceeding estimates, while revenue rose 6.4% year over year to $982 million. The company issued fiscal 2026 EPS guidance of $6.15–$6.45 and analysts expect $6.32.
• Cabot declared a quarterly dividend of $0.4725 per share, equivalent to an annualized $1.89 payout and a 2.2% yield. Analysts maintain an average “Hold” rating with an $89 price target, compared with the stock’s recent price of $87.69.

California State Teachers Retirement System lifted its stake in Cabot Corporation (NYSE:CBT - Free Report) by 25.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,369 shares of the specialty chemicals company's stock after acquiring an additional 12,850 shares during the quarter. California State Teachers Retirement System owned 0.12% of Cabot worth $4,772,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Public Employees Retirement System of Ohio boosted its position in shares of Cabot by 15.4% during the 4th quarter. Public Employees Retirement System of Ohio now owns 1,202 shares of the specialty chemicals company's stock valued at $80,000 after purchasing an additional 160 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Cabot by 2.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 6,298 shares of the specialty chemicals company's stock worth $417,000 after purchasing an additional 161 shares during the period. Farther Finance Advisors LLC increased its stake in Cabot by 9.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,873 shares of the specialty chemicals company's stock valued at $124,000 after purchasing an additional 164 shares in the last quarter. Parallel Advisors LLC increased its stake in Cabot by 10.5% in the first quarter. Parallel Advisors LLC now owns 1,843 shares of the specialty chemicals company's stock valued at $139,000 after purchasing an additional 175 shares in the last quarter. Finally, Rothschild Investment LLC raised its holdings in shares of Cabot by 170.4% during the fourth quarter. Rothschild Investment LLC now owns 411 shares of the specialty chemicals company's stock valued at $27,000 after purchasing an additional 259 shares during the period. Institutional investors own 93.18% of the company's stock.

Cabot Price Performance

Shares of NYSE:CBT opened at $87.69 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.96 and a current ratio of 1.47. The company has a market capitalization of $4.53 billion, a P/E ratio of 24.70, a price-to-earnings-growth ratio of 11.44 and a beta of 0.84. Cabot Corporation has a fifty-two week low of $58.33 and a fifty-two week high of $94.53. The company's 50-day moving average is $87.92 and its 200 day moving average is $79.87.

Cabot (NYSE:CBT - Get Free Report) last released its earnings results 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. The business had revenue of $982.00 million during the quarter, compared to the consensus estimate of $943.16 million. Cabot had a return on equity of 20.29% and a net margin of 5.23%.The business's revenue for the quarter was up 6.4% on a year-over-year basis. During the same period last year, the business posted $1.90 earnings per share. Cabot has set its FY 2026 guidance at 6.150-6.450 EPS. On average, equities research analysts forecast that Cabot Corporation will post 6.32 earnings per share for the current year.

Cabot Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be paid a dividend of $0.4725 per share. This represents a $1.89 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, August 28th. Cabot's dividend payout ratio is presently 53.24%.

Analysts Set New Price Targets

A number of analysts recently commented on CBT shares. Truist Financial set a $100.00 target price on Cabot in a research report on Wednesday. UBS Group decreased their price objective on Cabot from $97.00 to $92.00 and set a "neutral" rating for the company in a report on Wednesday. JPMorgan Chase & Co. lifted 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. Mizuho boosted their target price on shares of Cabot from $80.00 to $90.00 and gave the stock a "neutral" rating in a research report on Thursday, June 25th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Cabot in a research note on Tuesday, May 26th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Cabot has an average rating of "Hold" and an average target price of $89.00.

Cabot Company Profile

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.

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