In its latest 13F filing, Allspring Global Investments Holdings LLC reported a 45.4% reduction in its Cabot Corporation stake during the third quarter, selling 16,795 shares and retaining 20,187 shares valued at approximately $1.52 million. This adjustment follows a period of portfolio rebalancing at Allspring and contrasts with smaller investors’ moves: Elevation Point Wealth Partners initiated a $28,000 position in the second quarter, Parkside Financial Bank & Trust boosted its holdings by 95.5% to 387 shares, and UMB Bank n.a. increased its stake by 52.4% to 730 shares. Institutional ownership of Cabot remains high at 93.18%, underscoring continued confidence from larger asset managers despite the trimming by Allspring.

On January 7, 2026, Cabot Corporation announced a strategic supply agreement with PowerCo SE, Volkswagen Group’s battery manufacturing subsidiary, to deliver advanced conductive carbons and dispersions for lithium-ion battery electrodes. The multi-year contract positions Cabot as a key supplier in Europe’s rapidly expanding electric vehicle battery market, leveraging its high-performance materials that enhance energy density, charging rates and cycle life. Management forecasts that this partnership will contribute meaningfully to the battery materials segment’s revenue growth over the next three fiscal years, supporting Cabot’s broader goal of increasing its battery materials revenue by double digits and strengthening its role in the global clean-energy value chain.