Minerals Technologies Inc. $MTX Holdings Lifted by Edgestream Partners L.P.

Edgestream Partners L.P. boosted its holdings in shares of Minerals Technologies Inc. (NYSE:MTX) by 19.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,845 shares of the basic materials company’s stock after buying an additional 7,887 shares during the period. Edgestream Partners L.P.’s holdings in Minerals Technologies were worth $3,393,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. SG Capital Management LLC grew its stake in Minerals Technologies by 137.1% during the 4th quarter. SG Capital Management LLC now owns 148,385 shares of the basic materials company’s stock valued at $9,044,000 after acquiring an additional 548,385 shares in the last quarter. Caption Management LLC increased its holdings in shares of Minerals Technologies by 102.7% in the 4th quarter. Caption Management LLC now owns 5,375 shares of the basic materials company’s stock valued at $328,000 after purchasing an additional 205,375 shares during the period. Brandes Investment Partners LP increased its holdings in shares of Minerals Technologies by 22.9% in the 4th quarter. Brandes Investment Partners LP now owns 819,908 shares of the basic materials company’s stock valued at $49,973,000 after purchasing an additional 152,950 shares during the period. Invenomic Capital Management LP purchased a new stake in shares of Minerals Technologies in the fourth quarter worth approximately $7,058,000. Finally, Ameriprise Financial Inc. lifted its position in shares of Minerals Technologies by 26.5% in the second quarter. Ameriprise Financial Inc. now owns 496,215 shares of the basic materials company’s stock worth $27,327,000 after purchasing an additional 103,853 shares in the last quarter. 97.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MTX has been the subject of several research reports. Seaport Research Partners restated a “buy” rating on shares of Minerals Technologies in a report on Monday, May 4th. Weiss Ratings upgraded shares of Minerals Technologies from a “sell (d+)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Wall Street Zen upgraded shares of Minerals Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 4th. Finally, Truist Financial lifted their target price on shares of Minerals Technologies from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $90.00.

Key Minerals Technologies News

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.

Minerals Technologies Stock Up 5.1%

MTX opened at $76.19 on Friday. Minerals Technologies Inc. has a fifty-two week low of $53.94 and a fifty-two week high of $84.34. The business has a 50-day moving average of $75.62 and a 200-day moving average of $72.76. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.13 and a quick ratio of 1.47. The company has a market capitalization of $2.36 billion, a PE ratio of -35.11 and a beta of 1.15.

Minerals Technologies (NYSE:MTX) last announced its quarterly earnings results on Thursday, July 30th. The basic materials company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.64 by ($0.04). The firm had revenue of $548.40 million for the quarter, compared to analyst estimates of $558.77 million. Minerals Technologies had a negative net margin of 3.13% and a positive return on equity of 10.38%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.55 earnings per share. Equities research analysts forecast that Minerals Technologies Inc. will post 6.34 EPS for the current fiscal year.

Minerals Technologies Announces Dividend

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

Insider Transactions at Minerals Technologies

In other Minerals Technologies news, VP Timothy Jordan sold 6,000 shares of Minerals Technologies stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $80.27, for a total value of $481,620.00. Following the completion of the sale, the vice president directly owned 1,279 shares in the company, valued at $102,665.33. The trade was a 82.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.70% of the stock is owned by company insiders.

Minerals Technologies Profile

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.