Seaport Res Ptn Brokers Lower Earnings Estimates for MTX

Minerals Technologies Inc. (NYSE:MTX) – Research analysts at Seaport Res Ptn reduced their Q1 2025 earnings estimates for Minerals Technologies in a research note issued to investors on Wednesday, March 5th. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings per share of $1.30 for the quarter, down from their prior forecast of $1.33. The consensus estimate for Minerals Technologies’ current full-year earnings is $6.62 per share. Seaport Res Ptn also issued estimates for Minerals Technologies’ Q2 2025 earnings at $1.69 EPS, Q3 2025 earnings at $1.65 EPS, FY2025 earnings at $6.21 EPS and FY2026 earnings at $7.19 EPS.

Other research analysts also recently issued reports about the stock. Truist Financial decreased their price target on shares of Minerals Technologies from $103.00 to $101.00 and set a “buy” rating on the stock in a research note on Monday, February 10th. StockNews.com downgraded shares of Minerals Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

Minerals Technologies Trading Up 2.0 %

Shares of Minerals Technologies stock opened at $67.87 on Thursday. Minerals Technologies has a 1 year low of $66.33 and a 1 year high of $90.29. The firm has a market cap of $2.16 billion, a PE ratio of 13.10 and a beta of 1.28. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.84 and a quick ratio of 1.98. The company has a 50 day simple moving average of $73.77 and a two-hundred day simple moving average of $76.07.

Minerals Technologies (NYSE:MTX) last released its quarterly earnings data on Thursday, February 6th. The basic materials company reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.11. Minerals Technologies had a net margin of 7.89% and a return on equity of 11.49%.

Institutional Trading of Minerals Technologies

Several large investors have recently added to or reduced their stakes in MTX. State Street Corp boosted its holdings in shares of Minerals Technologies by 2.6% during the 3rd quarter. State Street Corp now owns 1,268,792 shares of the basic materials company’s stock valued at $97,989,000 after buying an additional 32,196 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Minerals Technologies by 9.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 115,887 shares of the basic materials company’s stock valued at $8,950,000 after acquiring an additional 10,284 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Minerals Technologies by 2.7% in the 4th quarter. Principal Financial Group Inc. now owns 166,647 shares of the basic materials company’s stock worth $12,700,000 after purchasing an additional 4,356 shares during the period. Franklin Resources Inc. raised its stake in Minerals Technologies by 21.1% during the 3rd quarter. Franklin Resources Inc. now owns 47,847 shares of the basic materials company’s stock worth $3,728,000 after acquiring an additional 8,335 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in Minerals Technologies by 42.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 64,110 shares of the basic materials company’s stock worth $4,951,000 after acquiring an additional 19,037 shares during the period. Institutional investors own 97.29% of the company’s stock.

Minerals Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 14th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 0.65%. The ex-dividend date is Friday, February 14th. Minerals Technologies’s dividend payout ratio (DPR) is currently 8.49%.

Minerals Technologies Company Profile

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.