Cabot Corp
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 Q2 SEC filings by fund managers ($100M+ AUM)
104% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 28
28% more call options, than puts
Call options by funds: $4.5M | Put options by funds: $3.52M
8% more funds holding
Funds holding: 357 [Q1] → 386 (+29) [Q2]
0.81% more ownership
Funds ownership: 93.77% [Q1] → 94.58% (+0.81%) [Q2]
0% more capital invested
Capital invested by funds: $4.79B [Q1] → $4.81B (+$15.8M) [Q2]
0% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 131
67% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 1 (-2) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
JP Morgan Jeffrey Zekauskas 81% 1-year accuracy 26 / 32 met price target | 9%downside $105 | Neutral Maintained | 7 Aug 2024 |
UBS Joshua Spector 67% 1-year accuracy 20 / 30 met price target | 15%downside $98 | Neutral Maintained | 6 Aug 2024 |
Financial journalist opinion
Based on 20 articles about CBT published over the past 30 days