Y Intercept Hong Kong Ltd Lowers Stock Position in Minerals Technologies Inc. $MTX

Y Intercept Hong Kong Ltd reduced its position in shares of Minerals Technologies Inc. (NYSE:MTX) by 83.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,466 shares of the basic materials company’s stock after selling 21,858 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Minerals Technologies were worth $277,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in MTX. First Horizon Corp purchased a new stake in Minerals Technologies in the 3rd quarter valued at about $35,000. First Horizon Advisors Inc. grew its holdings in shares of Minerals Technologies by 161.1% in the second quarter. First Horizon Advisors Inc. now owns 590 shares of the basic materials company’s stock valued at $32,000 after acquiring an additional 364 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Minerals Technologies by 626.8% during the second quarter. EverSource Wealth Advisors LLC now owns 596 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 514 shares during the last quarter. Blue Trust Inc. lifted its holdings in Minerals Technologies by 44.6% during the second quarter. Blue Trust Inc. now owns 1,011 shares of the basic materials company’s stock worth $56,000 after acquiring an additional 312 shares during the period. Finally, Strs Ohio purchased a new position in shares of Minerals Technologies in the 1st quarter worth about $70,000. 97.29% of the stock is owned by institutional investors.

Key Headlines Impacting Minerals Technologies

Here are the key news stories impacting Minerals Technologies this week:

• Positive Sentiment: Truist raised its price target on MTX to $89, which can attract buy-side interest and support a higher valuation. Truist Financial Raises Minerals Technologies (NYSE:MTX) Price Target to $89.00
• Positive Sentiment: Market coverage highlighted MTX’s rising relative price strength, signaling relative outperformance that can draw momentum-driven flows and technical buyers. Stocks with rising relative price strength: Minerals Technologies
• Positive Sentiment: Options-market commentary notes recent activity that could precede a short-term spike in MTX, suggesting elevated trader interest and potential volatility that can push the share price up. Is the Options Market Predicting a Spike in Minerals Technologies Stock?
• Neutral Sentiment: Sector activity in critical minerals and REE exploration (AI-driven targeting, new claims, positive assays) is supporting broad investor interest in mining/materials names, which can spill over to MTX as a diversified materials play. Representative recent item: Windfall Geotek models REE “digital signature” and secures claims. Unlocking the Future of Critical Minerals: Windfall Geotek’s AI Pinpoints REE Strange Lake Digital Signature and Secures 89 High-Priority Claims in Labrador
• Neutral Sentiment: Other junior and mid-tier miners reporting drill results, assays and permitting progress keeps sector headlines active; these are supportive for sentiment but do not directly change MTX’s fundamentals. Example: Ridgeline drill results at Swift project. Ridgeline Minerals Announces Drill Results and Provides Permitting Updates at the Swift Project, Nevada
• Negative Sentiment: Fundamentals remain mixed: Q4 results showed a $0.01 EPS miss versus consensus and a slightly negative net margin, which leaves MTX with limited near-term earnings upside despite analyst optimism; watch upcoming guidance and margin trends. (Company Q4 results reported Jan. 29.)

Wall Street Analysts Forecast Growth

MTX has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Minerals Technologies in a research note on Monday, December 22nd. Truist Financial raised their target price on Minerals Technologies from $84.00 to $89.00 and gave the stock a “buy” rating in a research note on Monday. Zacks Research upgraded shares of Minerals Technologies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 14th. Finally, Wall Street Zen lowered Minerals Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 18th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $89.00.

Insiders Place Their Bets

In other Minerals Technologies news, insider Brett Argirakis sold 6,501 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $58.68, for a total transaction of $381,478.68. Following the completion of the transaction, the insider owned 27,602 shares of the company’s stock, valued at approximately $1,619,685.36. This trade represents a 19.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Dj Monagle III sold 23,093 shares of the stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $61.90, for a total transaction of $1,429,456.70. Following the completion of the transaction, the insider owned 84,349 shares of the company’s stock, valued at approximately $5,221,203.10. The trade was a 21.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 3.30% of the company’s stock.

Minerals Technologies Price Performance

MTX opened at $71.57 on Friday. The firm has a market cap of $2.23 billion, a price-to-earnings ratio of -140.33 and a beta of 1.27. Minerals Technologies Inc. has a 1 year low of $49.54 and a 1 year high of $76.96. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.08 and a quick ratio of 1.45. The stock’s 50 day simple moving average is $63.60 and its 200 day simple moving average is $61.46.

Minerals Technologies (NYSE:MTX) last issued its earnings results on Thursday, January 29th. The basic materials company reported $1.27 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.01). The firm had revenue of $519.50 million during the quarter, compared to analysts’ expectations of $517.83 million. Minerals Technologies had a positive return on equity of 10.22% and a negative net margin of 0.89%.The firm’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.28 earnings per share. As a group, analysts predict that Minerals Technologies Inc. will post 6.62 earnings per share for the current year.

Minerals Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 13th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, February 13th. Minerals Technologies’s dividend payout ratio (DPR) is currently -94.12%.

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.