Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Minerals Technologies Inc. (NYSE:MTX)

Key Points

• Representative Gilbert Ray Cisneros, Jr. purchased shares of Minerals Technologies Inc. (NYSE:MTX) between $1,001 and $15,000 on May 6th, 2025, and has made several other stock transactions recently.
• Minerals Technologies reported an earnings per share (EPS) of $1.55 for the last quarter, exceeding expectations, but experienced a 2.3% decrease in revenue compared to the previous year.
• The company announced a quarterly dividend of $0.11 per share, payable on September 5th, which reflects a 0.74% dividend yield.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Minerals Technologies Inc. (NYSE:MTX). In a filing disclosed on June 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Minerals Technologies stock on May 6th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 7/1/2025.
• Purchased $1,001 - $15,000 in shares of AppLovin NASDAQ: APP on 7/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 6/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of Xiaomi OTCMKTS: XIACF on 6/27/2025.
• Sold $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 6/27/2025.
• Sold $1,001 - $15,000 in shares of Willis Towers Watson Public NASDAQ: WTW on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK on 6/26/2025.

Minerals Technologies Price Performance

NYSE:MTX opened at $59.29 on Friday. The firm's fifty day moving average is $57.47 and its two-hundred day moving average is $62.83. The firm has a market cap of $1.88 billion, a price-to-earnings ratio of -77.00 and a beta of 1.20. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.31 and a current ratio of 1.89. Minerals Technologies Inc. has a one year low of $49.54 and a one year high of $89.60.

Minerals Technologies (NYSE:MTX - Get Free Report) last issued its earnings results on Thursday, July 24th. The basic materials company reported $1.55 EPS for the quarter, topping analysts' consensus estimates of $1.43 by $0.12. The firm had revenue of $528.90 million for the quarter, compared to the consensus estimate of $529.13 million. Minerals Technologies had a positive return on equity of 10.90% and a negative net margin of 1.14%. The company's revenue was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.65 earnings per share. Research analysts expect that Minerals Technologies Inc. will post 6.62 EPS for the current year.

Minerals Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Friday, August 15th will be issued a dividend of $0.11 per share. The ex-dividend date is Friday, August 15th. This represents a $0.44 annualized dividend and a dividend yield of 0.74%. Minerals Technologies's dividend payout ratio (DPR) is presently -57.14%.

Insiders Place Their Bets

In other news, Director Kristina M. Johnson bought 1,000 shares of Minerals Technologies stock in a transaction 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 completion of the acquisition, the director directly owned 1,400 shares of the company's stock, valued at $75,306. The trade was a 250.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Erik Aldag bought 1,000 shares of the firm's stock in a transaction dated 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 owned 4,245 shares of the company's stock, valued at approximately $213,820.65. This represents a 30.82% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 2,370 shares of company stock valued at $124,255 over the last 90 days. 3.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Minerals Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Smartleaf Asset Management LLC grew its holdings in Minerals Technologies by 181.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 506 shares of the basic materials company's stock valued at $38,000 after purchasing an additional 326 shares during the period. Quarry LP raised its stake in shares of Minerals Technologies by 536.5% during the 4th quarter. Quarry LP now owns 732 shares of the basic materials company's stock worth $56,000 after buying an additional 617 shares during the period. Blue Trust Inc. grew its stake in Minerals Technologies by 44.6% in the 2nd quarter. Blue Trust Inc. now owns 1,011 shares of the basic materials company's stock valued at $56,000 after acquiring an additional 312 shares during the period. Strs Ohio acquired a new stake in Minerals Technologies in the 1st quarter valued at $70,000. Finally, Venturi Wealth Management LLC acquired a new stake in Minerals Technologies in the 4th quarter valued at $78,000. Hedge funds and other institutional investors own 97.29% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Wall Street Zen cut shares of Minerals Technologies from a "buy" rating to a "hold" rating in a research note on Wednesday, April 9th. Truist Financial lowered their price target on shares of Minerals Technologies from $92.00 to $80.00 and set a "buy" rating on the stock in a report on Monday, April 28th.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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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