Minerals Technologies (NYSE:MTX – Get Free Report) updated its third quarter 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 1.550-1.600 for the period, compared to the consensus EPS estimate of 1.740. The company issued revenue guidance of $550.0 million-$550.0 million, compared to the consensus revenue estimate of $561.7 million.
Minerals Technologies Stock Up 5.1%
Minerals Technologies stock opened at $76.19 on Friday. The company has a market cap of $2.36 billion, a P/E ratio of -35.11 and a beta of 1.15. Minerals Technologies has a 1-year low of $53.94 and a 1-year high of $84.34. The company has a fifty day simple moving average of $75.62 and a 200 day simple moving average of $72.76. 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 (NYSE:MTX – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The basic materials company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.64 by ($0.04). Minerals Technologies had a negative net margin of 3.13% and a positive return on equity of 10.38%. The business had revenue of $548.40 million during the quarter, compared to analyst estimates of $558.77 million. During the same quarter in the previous year, the firm posted $1.55 earnings per share. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. Research analysts anticipate that Minerals Technologies will post 6.34 earnings per share for the current fiscal year.
Minerals Technologies Announces Dividend
Wall Street Analysts Forecast Growth
MTX has been the topic of several analyst reports. Truist Financial upped their target price on Minerals Technologies from $89.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Seaport Research Partners restated a “buy” rating on shares of Minerals Technologies in a research note on Monday, May 4th. Weiss Ratings raised Minerals Technologies from a “sell (d+)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen upgraded Minerals Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 4th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Minerals Technologies presently has an average rating of “Hold” and an average price target of $90.00.
Get Our Latest Research Report on MTX
Insider Buying and Selling at Minerals Technologies
In other news, VP Timothy Jordan sold 6,000 shares of the business’s stock in a transaction dated 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 directly owned 1,279 shares in the company, valued at $102,665.33. The trade was a 82.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.70% of the stock is owned by corporate insiders.
Minerals Technologies News Summary
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.
Institutional Trading of Minerals Technologies
Several institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC lifted its position in shares of Minerals Technologies by 626.8% in the second quarter. EverSource Wealth Advisors LLC now owns 596 shares of the basic materials company’s stock valued at $33,000 after buying an additional 514 shares during the last quarter. Danske Bank A S bought a new stake in Minerals Technologies in the 3rd quarter valued at $56,000. Strs Ohio bought a new stake in Minerals Technologies in the 1st quarter valued at $70,000. Smartleaf Asset Management LLC lifted its holdings in Minerals Technologies by 136.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,278 shares of the basic materials company’s stock valued at $71,000 after purchasing an additional 737 shares during the last quarter. Finally, iSAM Funds UK Ltd acquired a new stake in Minerals Technologies during the 3rd quarter valued at $124,000. Institutional investors own 97.29% of the company’s stock.
Minerals Technologies Company 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.
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