Rep. Gilbert Ray Cisneros, Jr. Buys Shares of Minerals Technologies Inc. (NYSE:MTX)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Minerals Technologies Inc. (NYSE:MTX). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Minerals Technologies stock on July 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
  • Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
  • Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
  • Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
  • Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
  • Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
  • Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
  • Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
  • Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
  • Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

Minerals Technologies Price Performance

NYSE:MTX traded down $1.33 during trading hours on Tuesday, reaching $70.43. 189,236 shares of the company traded hands, compared to its average volume of 215,172. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.43 and a quick ratio of 1.00. The firm’s 50-day moving average is $73.16 and its 200-day moving average is $73.40. The stock has a market cap of $2.19 billion, a P/E ratio of -32.46 and a beta of 1.14. Minerals Technologies Inc. has a 1-year low of $53.94 and a 1-year high of $84.34.

Minerals Technologies (NYSE:MTXGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $1.60 EPS for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.04). The company 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 10.63%. The firm’s revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.55 EPS. Equities research analysts expect that Minerals Technologies Inc. will post 6.03 earnings per share for the current fiscal year.

Minerals Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 14th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, August 14th. Minerals Technologies’s dividend payout ratio is -22.12%.

Wall Street Analysts Forecast Growth

MTX has been the topic of a number of recent research reports. Weiss Ratings lowered shares of Minerals Technologies from a “hold (c+)” rating to a “sell (d+)” rating in a report on Monday, August 3rd. Wall Street Zen downgraded shares of Minerals Technologies from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 8th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Minerals Technologies presently has an average rating of “Hold” and a consensus price target of $90.00.

Get Our Latest Analysis on MTX

Institutional Investors Weigh In On Minerals Technologies

Several hedge funds have recently made changes to their positions in the business. Allworth Financial LP acquired a new position in Minerals Technologies in the second quarter valued at $27,000. Global Retirement Partners LLC acquired a new stake in Minerals Technologies in the 2nd quarter worth about $30,000. EverSource Wealth Advisors LLC boosted its stake in Minerals Technologies by 626.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 596 shares of the basic materials company’s stock worth $33,000 after buying an additional 514 shares during the last quarter. Parallel Advisors LLC grew 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 valued at $39,000 after buying an additional 146 shares during the period. Finally, Persistent Asset Partners Ltd purchased a new stake in Minerals Technologies in the 2nd quarter valued at about $50,000. Institutional investors and hedge funds own 97.29% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Minerals Technologies

(Get Free Report)

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.

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