Cabot Corporation $CBT Shares Purchased by Sei Investments Co.

Sei Investments Co. boosted its stake in Cabot Corporation (NYSE:CBT) by 6.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,051,578 shares of the specialty chemicals company’s stock after buying an additional 64,122 shares during the quarter. Sei Investments Co.’s holdings in Cabot were worth $79,194,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Torren Management LLC purchased a new position in Cabot during the fourth quarter worth approximately $26,000. Rothschild Investment LLC boosted its stake in Cabot by 170.4% during the fourth quarter. Rothschild Investment LLC now owns 411 shares of the specialty chemicals company’s stock worth $27,000 after buying an additional 259 shares during the last quarter. Global Retirement Partners LLC grew its holdings in Cabot by 1,606.9% in 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. Geneos Wealth Management Inc. grew 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 buying an additional 364 shares in the last quarter. Finally, Danske Bank A S acquired a new stake in shares of Cabot in the 3rd quarter worth $38,000. 93.18% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on CBT. Truist Financial started coverage on Cabot in a report on Monday, June 8th. They set a “buy” rating and a $98.00 price target on the stock. UBS Group upped their price objective on shares of Cabot from $81.00 to $86.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Wall Street Zen upgraded shares of Cabot from a “hold” rating to a “buy” rating in a research report on Sunday, June 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cabot in a research note on Tuesday, May 26th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Cabot from $68.00 to $70.00 and gave the company an “underweight” rating in a report on Wednesday, May 13th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Cabot has a consensus rating of “Hold” and a consensus target price of $85.80.

Cabot Stock Performance

Shares of Cabot stock opened at $90.15 on Friday. The firm has a market cap of $4.65 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 11.60 and a beta of 0.83. The company has a quick ratio of 0.96, a current ratio of 1.45 and a debt-to-equity ratio of 0.51. Cabot Corporation has a 52 week low of $58.33 and a 52 week high of $94.53. The business’s fifty day simple moving average is $86.94 and its 200-day simple moving average is $78.73.

Cabot (NYSE:CBT) last issued its quarterly earnings data on Tuesday, May 5th. The specialty chemicals company reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.14. The firm had revenue of $904.00 million during the quarter, compared to the consensus estimate of $900.30 million. Cabot had a return on equity of 21.33% and a net margin of 7.97%.The company’s quarterly revenue was down 3.4% on a year-over-year basis. During the same period last year, the company earned $1.90 EPS. Cabot has set its FY 2026 guidance at 6.000-6.50 EPS. Equities analysts forecast that Cabot Corporation will post 6.35 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. Shareholders of record on Friday, August 28th will be paid a dividend of $0.4725 per share. This represents a $1.89 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, August 28th. Cabot’s dividend payout ratio (DPR) is 35.73%.

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.