Minerals Technologies (MTX) Expected to Announce Earnings on Thursday

Minerals Technologies (NYSE:MTX - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Thursday, July 24th. Analysts expect Minerals Technologies to post earnings of $1.42 per share and revenue of $529.13 million for the quarter.

Minerals Technologies (NYSE:MTX - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The basic materials company reported $1.14 earnings per share for the quarter, missing analysts' consensus estimates of $1.16 by ($0.02). Minerals Technologies had a negative net margin of 1.14% and a positive return on equity of 10.90%. The company had revenue of $491.80 million for the quarter, compared to analyst estimates of $502.03 million. During the same quarter in the prior year, the business earned $1.49 earnings per share. Minerals Technologies's revenue was down 8.0% on a year-over-year basis. On average, analysts expect Minerals Technologies to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Minerals Technologies Price Performance

Shares of MTX opened at $57.01 on Thursday. Minerals Technologies has a 1-year low of $49.54 and a 1-year high of $90.30. The stock has a market cap of $1.81 billion, a PE ratio of -74.03 and a beta of 1.20. The firm has a 50-day simple moving average of $57.31 and a two-hundred day simple moving average of $63.52. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.89 and a quick ratio of 1.31.

Minerals Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Friday, August 15th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.77%. Minerals Technologies's dividend payout ratio is presently -57.14%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on MTX. Truist Financial dropped their price objective on shares of Minerals Technologies from $92.00 to $80.00 and set a "buy" rating for the company in a report on Monday, April 28th. Wall Street Zen downgraded shares of Minerals Technologies from a "buy" rating to a "hold" rating in a research report on Wednesday, April 9th.

Insider Buying and Selling at Minerals Technologies

In other Minerals Technologies news, CFO Erik Aldag purchased 1,000 shares of Minerals Technologies stock in a transaction that occurred on Wednesday, April 30th. The stock was purchased at an average price of $50.37 per share, for a total transaction of $50,370.00. Following the transaction, the chief financial officer directly owned 4,245 shares in the company, valued at $213,820.65. This trade represents a 30.82% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Kristina M. Johnson purchased 1,000 shares of Minerals Technologies stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average price of $53.79 per share, with a total value of $53,790.00. Following the transaction, the director owned 1,400 shares in the company, valued at $75,306. The trade was a 250.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 2,370 shares of company stock valued at $124,255. 3.30% of the stock is owned by insiders.

Institutional Trading of Minerals Technologies

Institutional investors and hedge funds have recently bought and sold shares of the business. Strs Ohio acquired a new position in Minerals Technologies in the 1st quarter valued at $70,000. Intech Investment Management LLC increased its stake in Minerals Technologies by 30.5% in the 1st quarter. Intech Investment Management LLC now owns 18,504 shares of the basic materials company's stock valued at $1,176,000 after buying an additional 4,322 shares during the period. Royal Bank of Canada increased its stake in Minerals Technologies by 28.4% in the 1st quarter. Royal Bank of Canada now owns 19,629 shares of the basic materials company's stock valued at $1,249,000 after buying an additional 4,337 shares during the period. Jane Street Group LLC increased its stake in Minerals Technologies by 177.6% in the 1st quarter. Jane Street Group LLC now owns 68,156 shares of the basic materials company's stock valued at $4,333,000 after buying an additional 43,604 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Minerals Technologies by 9.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 110,044 shares of the basic materials company's stock valued at $6,995,000 after buying an additional 9,363 shares during the period. Hedge funds and other institutional investors own 97.29% of the company's stock.

About Minerals Technologies

Minerals Technologies Inc develops, produces, and markets various mineral, mineral-based, and related systems and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as pet litter, personal care, fabric care, edible oil and other fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products that are used in the paper, paperboard, and fiber based packaging industries, as well as automotive, construction, and table and food applications.

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