Mitsubishi UFJ Asset Management Co. Ltd. Makes New Investment in Cabot Corporation $CBT

Key Points

• Mitsubishi UFJ Asset Management initiated a Cabot position of 14,541 shares valued at approximately $1.32 million. Institutional investors collectively own 93.18% of Cabot’s outstanding stock.
• Cabot exceeded quarterly earnings and revenue expectations, reporting $1.67 in EPS on $982 million in revenue, with sales up 6.4% year over year. The company maintained fiscal 2026 EPS guidance of $6.15–$6.45.
• Cabot declared a quarterly dividend of $0.4725 per share, equivalent to a 2.2% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $89, while CEO Sean Keohane sold 91,923 shares.

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Cabot Corporation (NYSE:CBT - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 14,541 shares of the specialty chemicals company's stock, valued at approximately $1,321,000.

A number of other large investors have also made changes to their positions in the stock. NewEdge Advisors LLC increased its stake in shares of Cabot by 2,559.5% in the 1st quarter. NewEdge Advisors LLC now owns 984 shares of the specialty chemicals company's stock worth $82,000 after acquiring an additional 947 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Cabot by 32.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 442,646 shares of the specialty chemicals company's stock valued at $36,802,000 after acquiring an additional 108,645 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Cabot by 102.6% during the 1st quarter. Empowered Funds LLC now owns 28,162 shares of the specialty chemicals company's stock valued at $2,341,000 after acquiring an additional 14,260 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Cabot by 3.4% in 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 purchasing an additional 4,048 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Cabot by 409.0% in the first 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 during the period. 93.18% of the stock is currently owned by hedge funds and other institutional investors.

Cabot Stock Up 0.2%

Shares of CBT opened at $85.10 on Friday. The company's 50-day moving average price is $88.18 and its 200 day moving average price is $80.87. Cabot Corporation has a 12-month low of $58.33 and a 12-month high of $94.53. The company has a current ratio of 1.47, a quick ratio of 0.97 and a debt-to-equity ratio of 0.48. The firm has a market cap of $4.39 billion, a P/E ratio of 23.97, a price-to-earnings-growth ratio of 11.08 and a beta of 0.84.

Cabot (NYSE:CBT - Get Free Report) last announced its earnings results on Monday, August 3rd. The specialty chemicals company reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.01. Cabot had a net margin of 5.23% and a return on equity of 20.29%. The company had revenue of $982.00 million during the quarter, compared to analyst estimates of $943.16 million. During the same quarter last year, the firm posted $1.90 earnings per share. Cabot's 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, sell-side analysts forecast that Cabot Corporation will post 6.33 earnings per share for the current year.

Cabot Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be issued a $0.4725 dividend. This represents a $1.89 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, August 28th. Cabot's dividend payout ratio (DPR) is 53.24%.

Wall Street Analysts Forecast Growth

CBT has been the topic of a number of analyst reports. Truist Financial set a $100.00 target price on shares of Cabot in a research note on Wednesday, August 5th. JPMorgan Chase & Co. raised their price target on shares of Cabot from $70.00 to $78.00 and gave the stock 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 on the stock in a research report on Wednesday, August 5th. Wall Street Zen upgraded Cabot from a "hold" rating to a "buy" rating in a report on Sunday, August 9th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Cabot in a research report on Tuesday, May 26th. Two investment 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 data from MarketBeat.com, Cabot presently has an average rating of "Hold" and a consensus target price of $89.00.

Insider Transactions at Cabot

In other Cabot news, CEO Sean D. Keohane sold 91,923 shares of the company's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $86.41, for a total transaction of $7,943,066.43. Following the transaction, the chief executive officer directly owned 404,134 shares in the company, valued at $34,921,218.94. This represents a 18.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.08% of the stock is currently owned by insiders.

Cabot 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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