Minerals Technologies (NYSE:MTX) Stock Price Up 10.9% – What’s Next?

Minerals Technologies Inc. (NYSE:MTX) rose 10.9% during trading on Friday . The stock traded as high as $78.42 and last traded at $80.3810. 92,948 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 211,587 shares. The stock had previously closed at $72.51.

More 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 first-half sales increased 7%. Management said growth initiatives and market conditions have kept the company on track for mid-single-digit full-year revenue growth. Minerals Technologies Announces 2026 Second Quarter Financial Results
• Positive Sentiment: Adjusted EPS increased 3% year over year to $1.60, and adjusted EBITDA reached $99.2 million. Cash generation also improved substantially, with first-half free cash flow of $44.8 million versus $11.1 million a year earlier.
• Positive Sentiment: The Engineered Solutions segment was a key strength: sales climbed 9% and operating income rose 12% excluding special items, producing a record 17.8% operating margin. Environmental & Infrastructure sales rose 15%, supported by building materials and infrastructure demand.
• Positive Sentiment: Management said pricing actions are in place to offset inflationary cost increases and restore margins during the second half. A September 22 Investor Day could provide additional details on growth initiatives and new applications. Minerals Technologies Reports Q2 Sales Growth
• Neutral Sentiment: Zacks highlighted MTX’s value-investing characteristics, but the article did not provide a new rating or a specific estimate revision. Is Minerals Technologies a Great Value Stock Right Now?
• Negative Sentiment: Adjusted EPS of $1.60 missed the $1.64 consensus estimate, and revenue came in below the approximately $558.8 million expectation. Minerals Technologies Q2 Earnings and Revenues Miss Estimates
• Negative Sentiment: MTX reported a $5.90 per-share loss and a $220 million operating loss after recording a $290 million reserve increase for talc-related claims and subsidiary BMI OldCo’s Chapter 11 proceedings. Consumer & Specialties sales declined 1%, while segment operating income fell 21% excluding special items because of inflation and unfavorable mix.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on MTX shares. Weiss Ratings upgraded Minerals Technologies from a “sell (d+)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded Minerals Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 4th. Seaport Research Partners reissued a “buy” rating on shares of Minerals Technologies in a report on Monday, May 4th. Finally, Truist Financial raised 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 given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $90.00.

Minerals Technologies Stock Performance

The stock has a market cap of $2.36 billion, a PE ratio of 14.76 and a beta of 1.15. 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 business has a 50 day moving average price of $75.63 and a two-hundred day moving average price of $72.73.

Minerals Technologies (NYSE:MTX) last released its quarterly earnings data on Thursday, July 30th. The basic materials company reported $1.60 earnings per share for the quarter, missing the consensus estimate of $1.64 by ($0.04). The business had revenue of $548.40 million during the quarter, compared to analysts’ expectations of $558.77 million. Minerals Technologies had a return on equity of 10.40% and a net margin of 7.60%.The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.55 EPS. As a group, equities research analysts forecast that Minerals Technologies Inc. will post 6.34 EPS for the current fiscal year.

Minerals Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. Minerals Technologies’s dividend payout ratio is currently 9.28%.

Insiders Place Their Bets

In other Minerals Technologies news, VP Timothy Jordan sold 6,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $80.27, for a total transaction of $481,620.00. Following the completion of the transaction, the vice president owned 1,279 shares of the company’s stock, valued at approximately $102,665.33. This trade represents a 82.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 3.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Minerals Technologies

A number of hedge funds have recently added to or reduced their stakes in MTX. EverSource Wealth Advisors LLC lifted its stake in Minerals Technologies by 626.8% during the 2nd 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. Parallel Advisors LLC raised its holdings in Minerals Technologies by 36.0% in the 1st quarter. Parallel Advisors LLC now owns 552 shares of the basic materials company’s stock worth $39,000 after purchasing an additional 146 shares during the period. Torren Management LLC purchased a new position in shares of Minerals Technologies during the 4th quarter valued at about $50,000. Danske Bank A S bought a new position in shares of Minerals Technologies in the third quarter worth approximately $56,000. Finally, Versant Capital Management Inc increased its stake in Minerals Technologies by 87.3% in the 2nd quarter. Versant Capital Management Inc now owns 798 shares of the basic materials company’s stock worth $59,000 after buying an additional 372 shares in the last quarter. 97.29% of the stock is currently owned by hedge funds and other institutional investors.

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.