Minerals Technologies (NYSE:MTX) Issues Earnings Results, Misses Estimates By $0.04 EPS

Minerals Technologies (NYSE:MTX) issued its quarterly earnings data on Thursday. The basic materials company reported $1.60 earnings per share for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.04), FiscalAI reports. Minerals Technologies had a negative net margin of 3.13% and a positive return on equity of 10.38%. The company had revenue of $548.40 million for the quarter, compared to the consensus estimate of $558.77 million. During the same quarter last year, the company earned $1.55 EPS. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis.

Minerals Technologies Trading Up 5.1%

Shares of NYSE:MTX opened at $76.19 on Friday. The stock has a 50 day moving average of $75.62 and a 200 day moving average of $72.76. The company has a market cap of $2.36 billion, a PE ratio of -35.11 and a beta of 1.15. Minerals Technologies has a 12-month low of $53.94 and a 12-month high of $84.34. The company has a current ratio of 2.13, a quick ratio of 1.47 and a debt-to-equity ratio of 0.54.

Minerals Technologies Announces Dividend

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

Insider Buying and Selling

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 transaction of $481,620.00. Following the transaction, the vice president owned 1,279 shares of the company’s stock, valued at $102,665.33. The trade was a 82.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its holdings in 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 period. Danske Bank A S purchased a new position in Minerals Technologies in the 3rd quarter worth approximately $56,000. Strs Ohio purchased a new position in Minerals Technologies in the 1st quarter worth approximately $70,000. Smartleaf Asset Management LLC boosted its stake in Minerals Technologies by 136.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,278 shares of the basic materials company’s stock worth $71,000 after purchasing an additional 737 shares during the period. Finally, iSAM Funds UK Ltd bought a new position in Minerals Technologies in the 3rd quarter worth approximately $124,000. Hedge funds and other institutional investors own 97.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on MTX shares. Seaport Research Partners reiterated a “buy” rating on shares of Minerals Technologies in a research note on Monday, May 4th. Wall Street Zen upgraded Minerals Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 4th. Weiss Ratings raised Minerals Technologies from a “sell (d+)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Finally, Truist Financial raised their target price on Minerals Technologies from $89.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Minerals Technologies has a consensus rating of “Hold” and a consensus price target of $90.00.

Key Stories Impacting Minerals Technologies

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.

About Minerals Technologies

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.