FY2025 Earnings Estimate for MTX Issued By Seaport Res Ptn

Minerals Technologies Inc. (NYSE:MTX) – Analysts at Seaport Res Ptn decreased their FY2025 earnings per share (EPS) estimates for shares of Minerals Technologies in a research report issued on Monday, October 27th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will post earnings per share of $5.52 for the year, down from their prior estimate of $5.56. The consensus estimate for Minerals Technologies’ current full-year earnings is $6.62 per share. Seaport Res Ptn also issued estimates for Minerals Technologies’ Q4 2025 earnings at $1.28 EPS, FY2026 earnings at $6.41 EPS, Q1 2027 earnings at $1.58 EPS, Q2 2027 earnings at $1.98 EPS, Q3 2027 earnings at $1.99 EPS and FY2027 earnings at $7.37 EPS.

Several other research firms have also weighed in on MTX. Truist Financial lifted their price target on Minerals Technologies from $80.00 to $84.00 and gave the company a “buy” rating in a research report on Monday, July 28th. Wall Street Zen lowered Minerals Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 18th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Minerals Technologies in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Minerals Technologies presently has an average rating of “Hold” and a consensus target price of $84.00.

Minerals Technologies Trading Down 4.9%

NYSE MTX opened at $56.79 on Tuesday. The company has a quick ratio of 1.37, a current ratio of 1.98 and a debt-to-equity ratio of 0.56. Minerals Technologies has a twelve month low of $49.54 and a twelve month high of $86.49. The firm has a market capitalization of $1.78 billion, a PE ratio of -2,837.98 and a beta of 1.23. The stock’s 50 day moving average is $62.15 and its 200 day moving average is $58.98.

Minerals Technologies (NYSE:MTX) last released its quarterly earnings results on Wednesday, March 15th. The basic materials company reported $1.50 earnings per share for the quarter. Minerals Technologies had a positive return on equity of 10.69% and a negative net margin of 0.08%.The company had revenue of $557.00 million for the quarter.

Minerals Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, October 30th will be paid a dividend of $0.12 per share. The ex-dividend date is Thursday, October 30th. This is a positive change from Minerals Technologies’s previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a yield of 0.8%. Minerals Technologies’s dividend payout ratio (DPR) is presently -2,200.00%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Aristides Capital LLC raised its position in Minerals Technologies by 4.9% during the second quarter. Aristides Capital LLC now owns 4,182 shares of the basic materials company’s stock valued at $230,000 after purchasing an additional 195 shares during the period. Nisa Investment Advisors LLC raised its position in Minerals Technologies by 3.7% during the second quarter. Nisa Investment Advisors LLC now owns 6,146 shares of the basic materials company’s stock valued at $338,000 after purchasing an additional 219 shares during the period. State of Wyoming raised its position in Minerals Technologies by 11.5% during the first quarter. State of Wyoming now owns 2,684 shares of the basic materials company’s stock valued at $171,000 after purchasing an additional 277 shares during the period. Bank of Montreal Can raised its position in Minerals Technologies by 3.4% during the second quarter. Bank of Montreal Can now owns 8,814 shares of the basic materials company’s stock valued at $485,000 after purchasing an additional 287 shares during the period. Finally, California State Teachers Retirement System grew its stake in shares of Minerals Technologies by 1.0% during the second quarter. California State Teachers Retirement System now owns 29,716 shares of the basic materials company’s stock valued at $1,636,000 after buying an additional 304 shares during the last quarter. 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.