Minerals Technologies (NYSE:MTX) Releases Q3 2026 Earnings Guidance

Minerals Technologies (NYSE:MTX) issued an update on its third quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 1.550-1.600 for the period, compared to the consensus estimate of 1.740. The company issued revenue guidance of $550.0 million-$550.0 million, compared to the consensus revenue estimate of $561.7 million.

Analysts Set New Price Targets

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

Minerals Technologies Trading Up 5.1%

MTX opened at $76.19 on Friday. Minerals Technologies has a 1-year low of $53.94 and a 1-year high of $84.34. The company has a market cap of $2.36 billion, a P/E ratio of -35.11 and a beta of 1.15. The company has a fifty day moving average price of $75.62 and a two-hundred day moving average price of $72.76. 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 (NYSE:MTX) last posted its quarterly earnings results on Thursday, July 30th. The basic materials company reported $1.60 earnings per share for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.04). Minerals Technologies had a positive return on equity of 10.38% and a negative net margin of 3.13%.The firm had revenue of $548.40 million for the quarter, compared to analyst estimates of $558.77 million. During the same period last year, the company posted $1.55 earnings per share. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. Analysts predict that Minerals Technologies will post 6.34 EPS for the current fiscal year.

Minerals Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 14th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.48 annualized dividend and a yield of 0.6%. Minerals Technologies’s dividend payout ratio (DPR) is presently 9.28%.

Insider Buying and Selling

In other Minerals Technologies 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 completion of the sale, the vice president owned 1,279 shares in the company, valued at approximately $102,665.33. The trade was a 82.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 3.70% of the company’s stock.

Minerals Technologies News Roundup

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

• Positive Sentiment: Second-quarter sales rose 4% year over year to $548.4 million, while adjusted EPS increased 3% to $1.60. First-half sales grew 7%, supporting management’s expectation for mid-single-digit full-year revenue growth. Minerals Technologies Second-Quarter Financial Results
• Positive Sentiment: Engineered Solutions was a key strength, with sales up 9% and adjusted operating income up 12%, including a record 17.8% operating margin. Management also said pricing actions should help recover inflation-related costs in the second half. MTX Q2 2026 Earnings Call Transcript
• Positive Sentiment: Cash generation improved, with first-half free cash flow of $44.8 million versus $11.1 million a year earlier. The balance sheet remained relatively solid, with adjusted net leverage of 1.6 times. A September 22 Investor Day could provide additional details on growth initiatives and new applications. MTX Sales Growth and Investor Day
• Neutral Sentiment: The $183.6 million net loss, or $5.90 per share, largely reflected a $290 million reserve increase related to talc claims and the Chapter 11 proceedings of BMI OldCo. Excluding special items, operating income was $74.6 million, though below the prior-year level.
• Negative Sentiment: Management guided for third-quarter EPS of $1.55–$1.60 and revenue of approximately $550 million, below consensus estimates of $1.74 and $561.7 million, respectively. This signals near-term pressure from inflation, unfavorable mix and weaker Consumer & Specialties results.
• Negative Sentiment: Reported second-quarter adjusted EPS of $1.60 and revenue of $548.4 million missed analyst expectations of $1.64 and $558.8 million. Consumer & Specialties sales declined 1%, and its adjusted operating income fell 21% amid higher costs.

Hedge Funds Weigh In On Minerals Technologies

Hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its stake in shares of Minerals Technologies by 626.8% in the second quarter. EverSource Wealth Advisors LLC now owns 596 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 514 shares during the last quarter. Danske Bank A S purchased a new position in shares of Minerals Technologies during the third quarter valued at approximately $56,000. Strs Ohio purchased a new position in shares of Minerals Technologies during the first quarter valued at approximately $70,000. Smartleaf Asset Management LLC grew its holdings in Minerals Technologies by 136.2% during the second quarter. Smartleaf Asset Management LLC now owns 1,278 shares of the basic materials company’s stock worth $71,000 after buying an additional 737 shares in the last quarter. Finally, iSAM Funds UK Ltd purchased a new position in Minerals Technologies during the 3rd quarter worth $124,000. 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.