Minerals Technologies (NYSE:MTX) Releases Quarterly Earnings Results

Minerals Technologies (NYSE:MTX) announced its quarterly earnings data on Thursday. The basic materials company reported $1.60 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.03), FiscalAI reports. Minerals Technologies had a net margin of 7.60% and a return on equity of 10.40%.

Minerals Technologies Stock Down 1.6%

MTX stock traded down $1.19 during midday trading on Thursday, reaching $72.55. The company had a trading volume of 312,115 shares, compared to its average volume of 212,687. The company has a 50 day moving average of $75.69 and a two-hundred day moving average of $72.69. The company has a market capitalization of $2.25 billion, a P/E ratio of 14.03 and a beta of 1.15. Minerals Technologies has a 1 year low of $53.94 and a 1 year high of $84.34. The company has a current ratio of 2.13, a quick ratio of 1.47 and a debt-to-equity ratio of 0.54.

Minerals Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be given a $0.12 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.48 dividend on an annualized basis and a yield of 0.7%. Minerals Technologies’s dividend payout ratio is presently 9.28%.

More Minerals Technologies News

Here are the key news stories impacting Minerals Technologies this week:

• Positive Sentiment: Second-quarter sales increased 4% year over year to $548.4 million, while first-half sales rose 7% to $1.1 billion. Management said it remains on track for mid-single-digit full-year revenue growth. Minerals Technologies 2026 Second Quarter Financial Results
• Positive Sentiment: Adjusted earnings per share rose 3% year over year to $1.60, and free cash flow increased substantially to $35.8 million in the quarter and $44.8 million for the first half. Adjusted net leverage improved to 1.6 times. Minerals Technologies Second Quarter Results
• Positive Sentiment: The Engineered Solutions segment delivered strong momentum: sales rose 9% and operating income increased 12% excluding special items, producing a record 17.8% operating margin. Minerals Technologies Q2 Growth and Investor Day
• Neutral Sentiment: Management plans to host an Investor Day on September 22, which could provide additional details on growth initiatives and new applications. The company also issued new environmental targets through 2035.
• Negative Sentiment: GAAP results showed a $5.90 loss per share and a $183.6 million net loss, driven largely by a $290 million reserve increase for talc-related claims, subsidiary BMI OldCo’s Chapter 11 proceedings, and related litigation. Reported operating loss was $220 million. Minerals Technologies Q2 2026 Earnings
• Negative Sentiment: Adjusted EPS of $1.60 narrowly missed the $1.63 analyst consensus. Consumer & Specialties sales declined 1%, while segment operating income fell 21% excluding special items as inflation in energy, transportation, and raw materials pressured margins. Minerals Technologies Earnings Estimate

Analysts Set New Price Targets

A number of brokerages recently issued reports on MTX. Truist Financial boosted their target price on Minerals Technologies from $89.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Weiss Ratings upgraded Minerals Technologies from a “sell (d+)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Seaport Research Partners reissued a “buy” rating on shares of Minerals Technologies in a research note on Monday, May 4th. Finally, Wall Street Zen upgraded Minerals Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 4th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $90.00.

Insider Activity at Minerals Technologies

In other news, VP Timothy Jordan sold 6,000 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $80.27, for a total transaction of $481,620.00. Following the transaction, the vice president directly owned 1,279 shares in the company, valued at $102,665.33. The trade was a 82.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 3.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Minerals Technologies

A number of institutional investors have recently bought and sold shares of the company. Jain Global LLC grew its stake in Minerals Technologies by 6.4% in the fourth quarter. Jain Global LLC now owns 4,143 shares of the basic materials company’s stock valued at $253,000 after purchasing an additional 248 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of Minerals Technologies during the 2nd quarter worth about $246,000. &PARTNERS acquired a new stake in shares of Minerals Technologies during the 4th quarter valued at about $244,000. Mackenzie Financial Corp acquired a new stake in shares of Minerals Technologies during the 4th quarter valued at about $217,000. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of Minerals Technologies in the 3rd quarter valued at approximately $209,000. Institutional investors and hedge funds own 97.29% of the company’s stock.

About Minerals Technologies

Minerals Technologies Inc develops, produces and processes a broad range of mineral-based products and solutions that serve a variety of industrial applications. Its offerings include bentonite, perlite, precipitated calcium carbonate (PCC), mineral sands, foundry additives, performance minerals and specialty chemicals designed to enhance performance in markets such as paper, steel, construction, oil and gas, environmental remediation and consumer products.

The company operates through several business segments, including Specialty Minerals, Refractory Minerals, Performance Materials and Recycled Materials.