Cabot CorpCBT
Market Cap: 5.4B
About: Cabot Corp manufactures and sells a variety of chemicals, materials, and chemical-based products. The company organizes itself into two segments based on the product type. The reinforcement materials segment, which generates more revenue than any other segment, sells rubber-grade carbon black products used in hoses and belts in automobiles. The performance chemicals segment sells ink-jet colorants and metal oxides used in the automotive and construction industries.
Employees: 4,300
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
92% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 25
46% more call options, than puts
Call options by funds: $4.76M | Put options by funds: $3.26M
10% more capital invested
Capital invested by funds: $4.31B [Q4 2023] → $4.74B (+$425M) [Q1 2024]
7% more funds holding
Funds holding: 329 [Q4 2023] → 352 (+23) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2023] → 3 (+0) [Q1 2024]
0.56% less ownership
Funds ownership: 93.32% [Q4 2023] → 92.77% (-0.56%) [Q1 2024]
5% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 128
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
UBS Joshua Spector | 5%upside $103 | Neutral Maintained | 7 May 2024 |
Mizuho John Roberts | 12%upside $109 | Buy Maintained | 7 May 2024 |
Deutsche Bank David Begleiter | 3%downside $95 | Hold Downgraded | 18 Apr 2024 |
Mizuho John Roberts | 6%upside $104 | Buy Initiated | 27 Mar 2024 |
Financial journalist opinion
Based on 12 articles about CBT published over the past 30 days