Minerals Technologies (MTX) Expected to Announce Quarterly Earnings on Thursday

Minerals Technologies (NYSE:MTX - Get Free Report) is expected to be announcing its Q2 2025 earnings results 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 data on Thursday, April 24th. The basic materials company reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.02). Minerals Technologies had a positive return on equity of 10.90% and a negative net margin of 1.14%. The firm had revenue of $491.80 million for the quarter, compared to the consensus estimate of $502.03 million. During the same quarter last year, the business earned $1.49 earnings per share. The business's revenue for the quarter was down 8.0% compared to the same quarter last year. 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 Stock Performance

Shares of Minerals Technologies stock traded down $0.50 during trading hours on Friday, reaching $57.01. The company's stock had a trading volume of 559,603 shares, compared to its average volume of 199,502. Minerals Technologies has a one year low of $49.54 and a one year high of $90.30. The company's 50 day simple moving average is $57.38 and its 200 day simple moving average is $63.17. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.31 and a current ratio of 1.89. The stock has a market cap of $1.81 billion, a P/E ratio of -74.04 and a beta of 1.20.

Minerals Technologies Dividend Announcement

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

Insider Activity

In related news, Director Kristina M. Johnson purchased 1,000 shares of Minerals Technologies stock in a transaction on Friday, May 2nd. The stock was bought at an average price of $53.79 per share, with a total value of $53,790.00. Following the completion of the transaction, the director directly owned 1,400 shares of the company's stock, valued at approximately $75,306. This represents a 250.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Erik Aldag bought 1,000 shares of the firm's stock in a transaction on Wednesday, April 30th. The shares were bought at an average cost of $50.37 per share, with a total value of $50,370.00. Following the transaction, the chief financial officer directly owned 4,245 shares of the company's stock, valued at approximately $213,820.65. This trade represents a 30.82% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders purchased 2,370 shares of company stock valued at $124,255. Company insiders own 3.30% of the company's stock.

Institutional Investors Weigh In On Minerals Technologies

Hedge funds have recently made changes to their positions in the stock. Strs Ohio acquired a new stake in shares of Minerals Technologies in the first quarter valued at approximately $70,000. Intech Investment Management LLC increased its position in shares of 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 in the last quarter. Jane Street Group LLC raised its stake in Minerals Technologies by 177.6% during the 1st quarter. Jane Street Group LLC now owns 68,156 shares of the basic materials company's stock worth $4,333,000 after buying an additional 43,604 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Minerals Technologies by 9.3% during the first 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 worth $6,995,000 after acquiring an additional 9,363 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in Minerals Technologies by 28.4% during the first quarter. Royal Bank of Canada now owns 19,629 shares of the basic materials company's stock worth $1,249,000 after acquiring an additional 4,337 shares in the last quarter. Institutional investors own 97.29% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Minerals Technologies from a "buy" rating to a "hold" rating in a report on Wednesday, April 9th. Truist Financial dropped their price target on shares of Minerals Technologies from $92.00 to $80.00 and set a "buy" rating on the stock in a research report on Monday, April 28th.

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.