Cabot Stock Price, News & Analysis

Cabot Corporation (NYSE: CBT) reported Q3 FY25 results with diluted EPS of $1.86 and Adjusted EPS of $1.90, representing a 1% decrease year-over-year. The company's Reinforcement Materials segment EBIT declined 6% to $128 million, while Performance Chemicals segment EBIT increased 4% to $57 million.

Despite challenging market conditions, Cabot delivered strong operating cash flow of $249 million and returned $64 million to shareholders through dividends ($24M) and share repurchases ($40M). The company maintains a solid balance sheet with a Net Debt to EBITDA ratio of 1.3x and $1.4 billion in liquidity.

Cabot reaffirmed its FY25 Adjusted EPS guidance range of $7.15 to $7.50, expecting to land in the middle to lower end due to current demand levels impacted by tariff uncertainty and global macroeconomic challenges.

Cabot Corporation (NYSE: CBT) has announced a definitive agreement to acquire Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation for $70 million. The acquisition includes a reinforcing carbons manufacturing facility in Altamira, Mexico, commissioned in 2005.

The deal strengthens Cabot's global leadership in carbon black production and includes a long-term supply agreement with Bridgestone. The facility's strategic location near Cabot's existing Altamira plant, operational since 1990, positions the company for enhanced operational synergies and growth opportunities.

The transaction, expected to close within three to six months, is subject to Mexican regulatory approval. The facility will support broader customer needs through its capability to manufacture various reinforcing carbon products.

Cabot Corporation (NYSE: CBT) has launched LITX® 95F, a new conductive carbon additive designed specifically for lithium-ion batteries used in energy storage systems (ESS). The product features enhanced conductivity, extended cycle life, and improved processability for residential, commercial, and industrial applications.

The LITX 95F grade demonstrates excellent capacity retention in pouch cell testing with thick electrode design, offering battery manufacturers flexibility in formulation optimization. Its high structure morphology enhances conductivity and stability during charge-discharge cycles, while enabling thick cathode design that reduces material costs without compromising performance.

Cabot Corporation (NYSE: CBT) announced that its Board of Directors has declared a quarterly dividend of $0.45 per share on all outstanding shares of common stock. The dividend will be paid on September 11, 2025, to stockholders of record as of August 29, 2025.

Cabot Corporation (NYSE: CBT) has scheduled its third quarter fiscal 2025 earnings release for Monday, August 4, 2025, after market close. The company will host a conference call and webcast to discuss the results on Tuesday, August 5, 2025, at 8:00 am ET.

The webcast will be available through Notified and can be accessed via Cabot's website. For those unable to attend the live event, an archived version of the call and accompanying presentation will be available on the company's website.

Cabot Corporation (NYSE: CBT) has achieved a platinum rating from EcoVadis for the fifth consecutive year, placing it among the top 1% of companies assessed globally for sustainability performance. The company's overall score increased by three points, with notable progress in sustainable procurement. Cabot received "outstanding" ratings in both environment and labor & human rights categories.

Additionally, in CDP's 2024 assessment, Cabot maintained 'B' ratings in both climate change and water security categories, positioning it as a leading performer among carbon black manufacturers. The achievement is particularly noteworthy as both EcoVadis and CDP have increased their rating stringency over time.

EcoVadis evaluates over 150,000 companies across 185+ countries, focusing on four key areas: environment, labor & human rights, ethics, and sustainable procurement. Their methodology aligns with international sustainability standards including the Global Reporting Initiative, UN Global Compact, and ISO 26000.

American Water Works Company (NYSE: AWK) has appointed Raffiq Nathoo as a new independent member to its board of directors, effective June 9, 2025. Nathoo brings over 30 years of experience in international financial and capital markets, with particular expertise in energy, power, and utilities sectors. He currently serves as Managing Partner at Tx3 Sage Rock and holds a board position at Cabot Corporation. His previous roles include Executive-in-Residence at New Mountain Capital (2015-2017) and Senior Managing Director at Blackstone (1991-2014). Nathoo holds an MBA from Harvard University and a BA in Government from Dartmouth College. With this appointment, American Water's board now comprises nine members.

Cabot Corporation (NYSE: CBT) announced leadership changes in its Reinforcement Materials Segment. Hobart C. Kalkstein, Executive Vice President and President of the segment, will retire on January 5, 2026, after nearly 20 years with the company. Matthew Wood, currently VP of global marketing and strategy for Battery Materials, will succeed Kalkstein effective June 15, 2025, as Senior VP and President of the Reinforcement Materials Segment. During his tenure, Kalkstein played a crucial role in delivering strong financial performance, driving operational excellence, and strengthening Cabot's position in the tire industry. Wood, who joined Cabot in 2010 from BP, brings extensive experience in commercial, marketing, strategy, and operational roles across multiple regions and business segments.

Cabot Corporation (NYSE: CBT) reported Q2 fiscal 2025 results with diluted EPS of $1.69 and Adjusted EPS of $1.90, representing a 7% increase year-over-year. The company's Reinforcement Materials segment EBIT was $131M (down 12% YoY) due to weaker global demand, while Performance Chemicals segment EBIT reached $50M (up 61% YoY) driven by higher volumes in construction and semiconductor applications. Net sales were $936M, and net income was $94M. The company returned $70M to shareholders through dividends and share repurchases and increased its quarterly dividend by 5% to $0.45 per share. Due to uncertain tariff impacts, Cabot revised its fiscal 2025 Adjusted EPS guidance to $7.15-$7.50, reflecting expectations for lower customer demand and cautious inventory management.