Noticias en vivo • May 18
Cabot Corporation Secures $1.3 Billion Credit Facility With Maturity Extended to 2031 Cabot Corporation entered into a new unsecured multi-currency revolving credit facility totaling $1.3 billion, arranged by a syndicate of global banks.
The new facility replaces and upsizes prior credit lines that were due in 2027 and extends maturity to May 2031.
Pricing is based on benchmark or risk-free rates plus a margin tied to Cabot’s credit ratings, and includes a leverage covenant that limits net debt to 3.75x consolidated EBITDA, with a temporary allowance up to 4.25x after material acquisitions.
This extended facility gives Cabot a longer liquidity runway and more room to manage funding needs for general corporate purposes over the next several years.
The leverage covenant levels also give you a sense of how much balance sheet risk the lending banks are comfortable with, especially if Cabot pursues larger acquisitions. Declared Dividend • May 07
Second quarter dividend increased to US$0.47 Dividend of US$0.47 is 5.0% higher than last year. Ex-date: 29th May 2026 Payment date: 12th June 2026 Dividend yield will be 2.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • May 07
Now 21% undervalued Over the last 90 days, the stock has risen 9.0% to US$81.28. The fair value is estimated to be US$102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years, while earnings per share has been flat. Reported Earnings • May 06
Second quarter 2026 earnings released: EPS: US$1.31 (vs US$1.70 in 2Q 2025) Second quarter 2026 results: EPS: US$1.31 (down from US$1.70 in 2Q 2025). Revenue: US$904.0m (down 3.4% from 2Q 2025). Net income: US$68.0m (down 26% from 2Q 2025). Profit margin: 7.5% (down from 9.8% in 2Q 2025). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Anuncio • May 06
Cabot Corporation announces Quarterly dividend, payable on June 12, 2026 Cabot Corporation announced Quarterly dividend of USD 0.4725 per share payable on June 12, 2026, ex-date on May 29, 2026 and record date on May 29, 2026. Anuncio • Apr 09
Cabot Corporation to Report Q2, 2026 Results on May 05, 2026 Cabot Corporation announced that they will report Q2, 2026 results After-Market on May 05, 2026 Price Target Changed • Mar 02
Price target increased by 9.9% to US$77.80 Up from US$70.80, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$76.26. Stock is down 6.9% over the past year. The company posted earnings per share of US$6.07 last year. Buy Or Sell Opportunity • Feb 23
Now 20% undervalued Over the last 90 days, the stock has risen 16% to US$74.58. The fair value is estimated to be US$93.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has grown by 2.5%. Upcoming Dividend • Feb 20
Upcoming dividend of US$0.45 per share Eligible shareholders must have bought the stock before 27 February 2026. Payment date: 13 March 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (4.2%). Higher than average of industry peers (1.8%). Declared Dividend • Feb 05
First quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 27th February 2026 Payment date: 13th March 2026 Dividend yield will be 2.4%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 04
First quarter 2026 earnings released: EPS: US$1.39 (vs US$1.69 in 1Q 2025) First quarter 2026 results: EPS: US$1.39 (down from US$1.69 in 1Q 2025). Revenue: US$849.0m (down 11% from 1Q 2025). Net income: US$73.0m (down 21% from 1Q 2025). Profit margin: 8.6% (down from 9.6% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year. Anuncio • Feb 04
Cabot Corporation (NYSE:CBT) completed the acquisition of Mexico Carbon Manufacturing SA DE CV from Bridgestone Corporation (TSE:5108). Cabot Corporation (NYSE:CBT) entered into a definitive agreement to acquire Mexico Carbon Manufacturing SA DE CV from Bridgestone Corporation (TSE:5108) for $70 million on August 4, 2025. The agreement is to acquire MXCB for $70 million on a debt-free, cash-free basis, subject to customary closing adjustments. The transaction is subject to regulatory approval in Mexico and is expected to close in the next three to six months.
Cabot Corporation (NYSE:CBT) completed the acquisition of Mexico Carbon Manufacturing SA DE CV from Bridgestone Corporation (TSE:5108) on February 2, 2026. Following the transaction, Mexico Carbon Manufacturing's tea would join Cabot.
The transaction received the required regulatory approvals. Anuncio • Feb 03
Cabot Corporation Declares Quarterly Dividend, Payable on March 13, 2026 On January 9, 2026, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.45 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on March 13, 2026, to stockholders of record at the close of business on February 27, 2026. Anuncio • Jan 28
Cabot Corporation, Annual General Meeting, Mar 12, 2026 Cabot Corporation, Annual General Meeting, Mar 12, 2026. Location: meetnow.global/m9udkcy, United States Board Change • Jan 15
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Michelle Williams was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Jan 15
Cabot Corporation Announces Changes to Board of Directors Cabot Corporation announced that the terms of Juan Enriquez and William C. Kirby, currently members of the board of directors of Cabot Corporation, will expire at the Company's 2026 Annual Meeting of Stockholders. The Board has nominated Thierry Vanlancker, a director whose term currently expires at the annual meeting of stockholders in 2028, for election at the Company's 2026 Annual Meeting, with a term to expire at the annual meeting of stockholders in 2029. To effect this nomination, on January 8, 2026, Mr. Vanlancker submitted a conditional resignation as a director, effective immediately prior to the 2026 Annual Meeting and conditioned upon his reappointment to the Board as a director whose term expires at the 2026 Annual Meeting. The resignation and reappointment of Mr. Vanlancker will be effected solely for the purpose of rebalancing the members of the Board into three classes of approximately equal size. Anuncio • Jan 09
Cabot Corporation to Report Q1, 2026 Results on Feb 03, 2026 Cabot Corporation announced that they will report Q1, 2026 results After-Market on Feb 03, 2026 Buy Or Sell Opportunity • Dec 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to US$65.70. The fair value is estimated to be US$82.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Earnings per share has grown by 12%. Anuncio • Nov 22
Cabot Corporation Announces Executive Changes, Effective November 21, 2025 Cabot Corporation announced that it has appointed William (Bill) Masterson as senior vice president and president, Reinforcement Materials segment, effective November 21, 2025. Masterson succeeds Matthew Wood, who ceases to serve in this position and as an employee of the Company effective immediately (November 21, 2025). Wood’s departure from the Company is not due to any disagreement with the Company on any matter related to the Company’s business performance, operations, financial statements, internal controls, or auditors. Masterson joined Cabot from WR Grace in 2011 and, throughout his tenure, has held a variety of leadership positions with increasing responsibility across the Company’s businesses. Most recently, he served as vice president, Global Business Operations for Carbon and Silica Technologies, where he had global responsibility for all specialty carbon, specialty compounds, fumed metal oxide and aerogel manufacturing facilities spanning multiple regions. In this role, Bill also had leadership responsibility for the product management, supply chain, and product line technology functions, driving critical initiatives to enhance efficiency, optimize performance, and support long-term growth. Prior to that, he was vice president and regional business director for the Americas in the specialty carbons and fumed metal oxides product lines, where he was responsible for all sales, marketing, and technical service activities to drive growth and profitability in these product lines. In addition to these leadership roles, Bill also had enterprise responsibility for global commercial center of excellence. Masterson’s extensive experience managing complex global operations combined with deep expertise in commercial strategy, positions him well to advance Cabot’s objectives in his new role. Declared Dividend • Nov 17
Fourth quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 28th November 2025 Payment date: 12th December 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 44% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Anuncio • Nov 14
Cabot Corporation Declares Quarterly Dividend, Payable on December 12, 2025 On November 13, 2025, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.45 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on December 12, 2025, to stockholders of record at the close of business on November 28, 2025. Price Target Changed • Nov 05
Price target decreased by 9.4% to US$77.00 Down from US$85.00, the current price target is an average from 5 analysts. New target price is 27% above last closing price of US$60.47. Stock is down 48% over the past year. The company posted earnings per share of US$6.16 last year. Reported Earnings • Nov 04
Full year 2025 earnings released: EPS: US$6.16 (vs US$6.79 in FY 2024) Full year 2025 results: EPS: US$6.16 (down from US$6.79 in FY 2024). Revenue: US$3.71b (down 7.0% from FY 2024). Net income: US$331.0m (down 12% from FY 2024). Profit margin: 8.9% (down from 9.4% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Anuncio • Nov 04
Cabot Corporation Announces Executive Changes Cabot Corporation announced that Robert Rist has been appointed Vice President of Investor Relations and Corporate Planning. The transition will take place over the course of the first quarter of fiscal year 2026. In this expanded role, Rist succeeds Steve Delahunt, who will continue with the company as Vice President of Treasury. Rist joined Cabot in 2007 and has held a variety of leadership positions across the organization. Most recently, he served as Vice President of Corporate Strategy and Corporate Planning. His prior roles include senior-level positions within the company’s Reinforcement Materials segment and finance organizations, where he played a key role in advancing the company’s strategic and financial initiatives. In his new role, Rist will lead Cabot’s engagement with the investment community, articulating the company’s financial performance, strategic direction, and long-term growth plans. He will play a key role in ensuring transparency in investor communications. Rist holds a bachelor’s degree in international business and economics from the University of New Hampshire and an MBA with a concentration in corporate finance from Boston College. Anuncio • Oct 03
Cabot Corporation to Report Q4, 2025 Results on Nov 03, 2025 Cabot Corporation announced that they will report Q4, 2025 results After-Market on Nov 03, 2025 Buy Or Sell Opportunity • Sep 16
Now 21% undervalued Over the last 90 days, the stock has risen 6.6% to US$77.91. The fair value is estimated to be US$98.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has grown by 23%. Upcoming Dividend • Aug 22
Upcoming dividend of US$0.45 per share Eligible shareholders must have bought the stock before 29 August 2025. Payment date: 11 September 2025. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (1.9%). Recent Insider Transactions Derivative • Aug 15
President notifies of intention to sell stock Sean Keohane intends to sell 114k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of August. If the sale is conducted around the recent share price of US$79.28, it would amount to US$9.1m. For the year to September 2018, Sean's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Sean's direct individual holding has decreased from 344.74k shares to 280.24k. Company insiders have collectively sold US$9.7m more than they bought, via options and on-market transactions in the last 12 months. Buy Or Sell Opportunity • Aug 07
Now 21% undervalued Over the last 90 days, the stock has risen 5.2% to US$77.84. The fair value is estimated to be US$98.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has grown by 23%. Reported Earnings • Aug 05
Third quarter 2025 earnings released: EPS: US$1.89 (vs US$1.96 in 3Q 2024) Third quarter 2025 results: EPS: US$1.89 (down from US$1.96 in 3Q 2024). Revenue: US$923.0m (down 9.2% from 3Q 2024). Net income: US$101.0m (down 6.5% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Anuncio • Aug 05
Cabot Corporation (NYSE:CBT) entered into a definitive agreement to acquire Mexico Carbon Manufacturing SA DE CV from Bridgestone Corporation (TSE:5108) for $70 million. Cabot Corporation (NYSE:CBT) entered into a definitive agreement to acquire Mexico Carbon Manufacturing SA DE CV from Bridgestone Corporation (TSE:5108) for $70 million on August 4, 2025. The agreement is to acquire MXCB for $70 million on a debt-free, cash-free basis, subject to customary closing adjustments. The transaction is subject to regulatory approval in Mexico and is expected to close in the next three to six months. Anuncio • Jul 29
Cabot Corporation Launches New LITX 95F Conductive Carbon Engineered for Energy Storage Systems Cabot Corporation announced the launch of its new LITX 95F conductive carbon developed for use in lithium-ion batteries for energy storage systems (ESS). Engineered for ESS cells used in residential, commercial and industrial applications, this high-performance conductive additive delivers enhanced conductivity, long cycle life, and improved processability, which is essential for systems that demand durability and stability under frequent cycling. The global ESS market is growing rapidly, driven by the rising demand for grid flexibility, the transition to renewable energy, and the need for reliable power across residential, commercial and industrial sectors. Meeting these evolving needs requires advanced lithium-ion batteries that offer superior cycle life, optimal power delivery and long-term reliability. As the market continues to scale, battery manufacturers need to deliver solutions that are both high-performing and cost-effective. Cabot's LITX 95F solution addresses these challenges by delivering key performance and efficiency advantages that are vital for accelerating ESS adoption. The LITX 95F grade is formulated to improve cycle life and increase energy density. It has demonstrated excellent capacity retention in pouch cell performance testing with thick electrode design, offering ideal flexibility for battery manufacturers to optimize formulations across a wide range of ESS designs. Its high structure morphology helps to enhance conductivity and stability during repeated charge-discharge cycles. It also enables thick cathode design, helping to reduce material costs without compromising battery performance. Declared Dividend • Jul 16
Second quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 29th August 2025 Payment date: 11th September 2025 Dividend yield will be 2.3%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Anuncio • Jul 12
Cabot Corporation Declares Quarterly Dividend, Payable on September 11, 2025 On July 11, 2025, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.45 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on September 11, 2025, to stockholders of record at the close of business on August 29, 2025. Anuncio • Jul 09
Cabot Corporation to Report Q3, 2025 Results on Aug 04, 2025 Cabot Corporation announced that they will report Q3, 2025 results After-Market on Aug 04, 2025 Anuncio • Jun 04
Cabot Corporation Announces Executive Changes Cabot Corporation announced that Hobart (‘Bart’) C. Kalkstein, executive vice president and president of the Company’s Reinforcement Materials Segment, will retire from the Company as of January 5, 2026. In connection with Bart’s retirement, effective June 15, 2025 Matthew (‘Matt’) Wood, the Company’s vice president, global marketing and strategy, for the Company’s Battery Materials product line, will become senior vice president and president, Reinforcement Materials Segment. To assist in a smooth transition, Kalkstein will remain an employee of Cabot through his retirement date. Kalkstein, who joined Cabot in 2005, was elected Executive Vice President in December 2022, and Senior Vice President and President, Reinforcement Materials Segment, in April 2016. Prior to this role, he held a variety of business leadership roles in the Company’s former activated carbon business and its Performance Chemicals Segment. Wood joined Cabot from BP, plc in 2010, and, prior to his current role, has held a variety of regional and global commercial, marketing and strategy, operational and general management roles with increasing responsibility within Cabot’s Reinforcement Materials, Specialty Compounds, and former cesium formate businesses. Matt brings significant business experience within the Reinforcement Materials segment, having previously served as vice president of global marketing and Asia Pacific regional marketing director. In his current role as vice president, global marketing and strategy for the Company’s Battery Materials product line, he has been instrumental in developing and driving the business’s growth strategy. Price Target Changed • May 27
Price target decreased by 8.1% to US$83.60 Down from US$91.00, the current price target is an average from 5 analysts. New target price is 9.7% above last closing price of US$76.22. Stock is down 24% over the past year. The company posted earnings per share of US$6.79 last year. Upcoming Dividend • May 23
Upcoming dividend of US$0.45 per share Eligible shareholders must have bought the stock before 30 May 2025. Payment date: 13 June 2025. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (4.8%). In line with average of industry peers (2.2%). Declared Dividend • May 08
Second quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 30th May 2025 Payment date: 13th June 2025 Dividend yield will be 2.3%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 34% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 06
Second quarter 2025 earnings released: EPS: US$1.74 (vs US$1.50 in 2Q 2024) Second quarter 2025 results: EPS: US$1.74 (up from US$1.50 in 2Q 2024). Revenue: US$936.0m (down 8.1% from 2Q 2024). Net income: US$94.0m (up 13% from 2Q 2024). Profit margin: 10.0% (up from 8.1% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Anuncio • May 06
Cabot Corporation Declares Quarterly Dividend, Payable on June 13, 2025 On May 5, 2025, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.45 per share, an increase of 5% compared to the current quarterly dividend of $0.43 per share, on all outstanding shares of the Corporation’s common stock. The dividend is payable on June 13, 2025, to stockholders of record at the close of business on May 30, 2025. Price Target Changed • Apr 08
Price target decreased by 8.0% to US$92.00 Down from US$100.00, the current price target is an average from 5 analysts. New target price is 23% above last closing price of US$74.80. Stock is down 24% over the past year. The company posted earnings per share of US$6.79 last year. Price Target Changed • Feb 21
Price target decreased by 9.0% to US$101 Down from US$111, the current price target is an average from 5 analysts. New target price is 20% above last closing price of US$84.47. Stock is up 1.7% over the past year. The company posted earnings per share of US$6.79 last year. Upcoming Dividend • Feb 21
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 28 February 2025. Payment date: 14 March 2025. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (2.0%). Reported Earnings • Feb 04
First quarter 2025 earnings released: EPS: US$1.71 (vs US$0.89 in 1Q 2024) First quarter 2025 results: EPS: US$1.71 (up from US$0.89 in 1Q 2024). Revenue: US$955.0m (flat on 1Q 2024). Net income: US$93.0m (up 90% from 1Q 2024). Profit margin: 9.7% (up from 5.1% in 1Q 2024). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Anuncio • Jan 27
Cabot Corporation, Annual General Meeting, Mar 13, 2025 Cabot Corporation, Annual General Meeting, Mar 13, 2025. Location: meetnow.global/mshnrkj, United States Declared Dividend • Jan 19
Fourth quarter dividend of US$0.43 announced Shareholders will receive a dividend of US$0.43. Ex-date: 28th February 2025 Payment date: 14th March 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 6.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Anuncio • Jan 11
Cabot Corporation Declares Quarterly Dividend, Payable on March 14, 2025 On January 10, 2025, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.43 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on March 14, 2025, to stockholders of record at the close of business on February 28, 2025. Recent Insider Transactions • Nov 15
Executive VP recently sold US$1.6m worth of stock On the 13th of November, Jeff Zhu sold around 15k shares on-market at roughly US$113 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$5.5m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Nov 13
Insider notifies of intention to sell stock Hobart Kalkstein intends to sell 35k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of November. If the sale is conducted around the recent share price of US$115, it would amount to US$4.0m. Since December 2023, Hobart's direct individual holding has decreased from 76.39k shares to 68.81k. Company insiders have collectively sold US$14m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Nov 13
Fourth quarter dividend of US$0.43 announced Shareholders will receive a dividend of US$0.43. Ex-date: 29th November 2024 Payment date: 13th December 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Anuncio • Nov 09
Cabot Corporation Declares Quarterly Cash Dividend, Payable on December 13, 2024 On November 8, 2024, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.43 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on December 13, 2024, to stockholders of record at the close of business on November 29, 2024. Price Target Changed • Nov 05
Price target increased by 7.4% to US$117 Up from US$109, the current price target is an average from 5 analysts. New target price is 7.1% above last closing price of US$109. Stock is up 52% over the past year. The company posted earnings per share of US$6.82 last year. Anuncio • Oct 07
Cabot Corporation to Report Q4, 2024 Results on Nov 04, 2024 Cabot Corporation announced that they will report Q4, 2024 results After-Market on Nov 04, 2024 Recent Insider Transactions • Aug 29
Executive VP recently sold US$1.6m worth of stock On the 27th of August, Jeff Zhu sold around 15k shares on-market at roughly US$104 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.2m more than they bought in the last 12 months. Upcoming Dividend • Aug 23
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 30 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.3%). Recent Insider Transactions Derivative • Aug 21
Insider notifies of intention to sell stock Hobart Kalkstein intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of August. If the sale is conducted around the recent share price of US$101, it would amount to US$1.5m. Since December 2023, Hobart's direct individual holding has decreased from 76.39k shares to 68.80k. Company insiders have collectively sold US$9.7m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • Aug 09
Executive VP notifies of intention to sell stock Erica McLaughlin intends to sell 23k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of August. If the sale is conducted around the recent share price of US$99.79, it would amount to US$2.3m. Since December 2023, Erica's direct individual holding has decreased from 59.82k shares to 37.81k. Company insiders have collectively sold US$8.0m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Aug 06
Third quarter 2024 earnings released: EPS: US$1.96 (vs US$1.44 in 3Q 2023) Third quarter 2024 results: EPS: US$1.96 (up from US$1.44 in 3Q 2023). Revenue: US$1.02b (up 5.0% from 3Q 2023). Net income: US$109.0m (up 35% from 3Q 2023). Profit margin: 11% (up from 8.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 17
Second quarter dividend of US$0.43 announced Shareholders will receive a dividend of US$0.43. Ex-date: 30th August 2024 Payment date: 13th September 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Anuncio • Jul 16
Cabot Corporation to Report Q3, 2024 Results on Aug 05, 2024 Cabot Corporation announced that they will report Q3, 2024 results After-Market on Aug 05, 2024 Upcoming Dividend • May 24
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 31 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (1.9%). Anuncio • May 14
Cabot Corporation Launches New Universal Circular Black Masterbatches with Certified Sustainable Material Cabot Corporation announced the launch of its new REPLASBLAK universal circular black masterbatches with certified sustainable material. With this launch, Cabot has introduced two new products which will be sold as the industry’s first-ever universal circular black masterbatches with International Sustainability & Carbon Certification (ISCC PLUS) certified content. The new REPLASBLAK universal circular black masterbatches are powered by EVOLVE Sustainable Solutions and will enable Cabot to continue to deliver the high-performance, quality and reliability that the plastics industry requires at scale for certified circular solutions. The global transition toward a lower carbon future is driving the need for advanced sustainable solutions that support a circular economy and reduce greenhouse gas (GHG) emissions. As such, automotive plastic compounders and converters are seeking third-party certified black masterbatch products that leverage circular value chains and recycled feedstocks in the product manufacturing process. Cabot is positioned to enable a more sustainable future with its new universal circular black masterbatch products that are made from mechanically recycled polymer. These solutions offer customers an ISCC PLUS certified single masterbatch for use in a wide range of automotive applications for coloring polyolefins and many engineering plastics. The two new products, REPLASBLAK reUN5285 universal circular black masterbatch and REPLASBLAK® reUN5290 universal circular black masterbatch, are powered by EVOLVE Sustainable Solutions under the recovered category. These solutions enhance Cabot’s well-established range of universal black masterbatches recognized for the coloring of a wide range of polymers with the added benefit of sustainability. The solutions offer superior versatility by enabling the use of a single masterbatch at a low addition rate, resulting in material management efficiency in the product manufacturing process. Furthermore, both grades enable high gloss and high jetness pigmentation, offering superior color performance and mechanical properties similar to a standard universal black masterbatch. This makes the solutions suitable for use in various applications in the automotive segment, including interiors, exterior parts and under-the-hood applications. REPLASBLAK reUN5285 universal circular black masterbatch leverages a 45% ISCC PLUS mass balance certified material made from mechanically recycled polymer. The solution is suitable for compounding applications in the automotive industry. REPLASBLAK reUN5290 universal circular black masterbatch leverages a 20% ISCC PLUS mass balance certified material made from mechanically recycled polymer. The solution is suitable for compounding as well as direct injection molding and sheet extrusion applications in the automotive industry. EVOLVE Sustainable Solutions is Cabot’s technology platform for delivering sustainable reinforcing carbons and other performance materials. Products powered by EVOLVE Sustainable Solutions offer sustainable content with reliable performance at industrial scale by leveraging circular value chains and/or materials recovered from end-of-life tires and/or recycled materials, and/or renewable and bio-based materials, and/or processes that reduce GHG emissions. Recent Insider Transactions Derivative • May 13
Senior VP & General Counsel notifies of intention to sell stock Karen Kalita intends to sell 14k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of May. If the sale is conducted around the recent share price of US$102, it would amount to US$1.4m. Since December 2023, Karen's direct individual holding has decreased from 34.88k shares to 22.21k. Company insiders have collectively sold US$6.5m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • May 09
Second quarter dividend increased to US$0.43 Dividend of US$0.43 is 7.5% higher than last year. Ex-date: 31st May 2024 Payment date: 14th June 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Price Target Changed • May 08
Price target increased by 9.6% to US$105 Up from US$95.33, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of US$101. Stock is up 47% over the past year. The company posted earnings per share of US$7.79 last year. Reported Earnings • May 07
Second quarter 2024 earnings released: EPS: US$1.51 (vs US$1.30 in 2Q 2023) Second quarter 2024 results: EPS: US$1.51 (up from US$1.30 in 2Q 2023). Revenue: US$1.02b (down 1.4% from 2Q 2023). Net income: US$84.0m (up 15% from 2Q 2023). Profit margin: 8.2% (up from 7.1% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Chemicals industry in the US. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Anuncio • May 07
Cabot Corporation Declares Quarterly Dividend, Payable on June 14, 2024 Cabot Corporation declared a quarterly dividend of $0.43 per share, an increase of 8% compared to the current quarterly dividend of $0.40 per share, on all outstanding shares of the Corporation’s common stock. The dividend is payable on June 14, 2024, to stockholders of record at the close of business on May 31, 2024.